Matthews Emerging Markets Equity Active ETF
$42.17−0.58 (−1.36%)
- 0.79%
- $54M
- +26.6%
- 2.98%
- 0M sh
- $43.43
- low $34.38high $47.53
The ETF.net MEM Grade
D
Score 29 out of 100
- 24 of 28
Score 29 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F24 out of 100Rank 20 of 28Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 20 of 28Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F17 out of 100Rank 27 of 28Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D33 out of 100Rank 22 of 26Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 16 of 28
Our read on MEM
DAn Asia specialist's take on the whole emerging world. Matthews runs MEM as a concentrated active book of roughly 40 names, with the prospectus objective pointing primarily at the Asia Pacific region.
The fund seeks long-term capital appreciation and invests primarily in the Asia Pacific region.
Why people hold it
- Matthews built its research franchise on Asia, and this fund applies that lens to broad emerging markets rather than tracking an index.matthewsasia.com
- Concentrated by design: roughly 40 names, at least 80% of net assets in emerging-market common and preferred stock, with stock picking framed by a top-down macro view and beta controls.matthewsasia.com
- Simple plumbing. A 1940 Act ETF that owns the stocks directly: no swaps, no leverage, no notes.
Worth knowing
- At 0.79% a year it runs above the typical active EM ETF, and several times the 0.33% charged by systematic rivals like AVEM or the 0.39% at DFEM.
- Thinly traded next to the category's giants, so the spread you pay getting in and out is part of the real cost.
- It sits in the lower tier of its active EM peer group on cost and tradability, and with about 40 holdings, individual country and stock calls carry real weight.
MEM Holdings
- Stocks
- 72
- 49%
- 2330.TW
Sectors
- Technology43.5%
- Financials22.6%
- Consumer Discretionary11.0%
- Materials7.8%
- Communication5.8%
- Industrials5.4%
- Energy2.6%
- Consumer Staples1.4%
Geography
- Taiwan30.15%
- South Korea26.08%
- China18.78%
- Brazil5.42%
- India5.31%
- South Africa3.54%
- United Kingdom2.82%
- Mexico1.85%
- 6.05%
Developed 5% · Emerging 95%
MEM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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MEM$12,656
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MEM |
|---|---|
| Year to date | +19.4% |
| 1 month | −3.8% |
| 3 months | −2.7% |
| 1 year | +26.6% |
| 3 years | +22.4% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MEM |
|---|---|---|
| 2026 YTD | +19.4% | |
| 2025 | +28.4% | |
| 2024 | +10.3% | |
| 2023 | +6.9% | |
| 2022 | +7.3% |
MEM in the news
MEM Dividends
- 2.98%
- $1.27
- $1.27 per share
- Annual
Distribution history
MEM Risk
- 16.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.05
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.19
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MEM Cost
0.79%
MEM0.79%
- The middle half of Emerging Markets Active Equity funds
- Median 0.65%
19 of the 27 Emerging Markets Active Equity funds charge less.
Other funds in Emerging Markets Active Equity
- DEPEMHarbor Emerging Markets Equity ETF (EPEM)Expense ratio 0.84%1 year return +44.4%
- DMEMXMatthews Emerging Markets ex China Active ETF MEMXExpense ratio 0.79%1 year return +43.3%
- DAGEMabrdn Emerging Markets Dividend Active ETFExpense ratio 1.18%1 year return +34.6%
- DEMEQNomura Focused Emerging Markets Equity ETFExpense ratio 0.85%1 year return +82.8%
- DASIAMatthews Pacific Tiger Active ETF ASIAExpense ratio 0.79%1 year return +25.3%