Matthews Emerging Markets Equity Active ETF
$44.26−0.87 (−1.92%)
- Expense ratio
- 0.79%
- Fund size
- $55M
- 1Y return
- +29.5%
- Yield · Last 12 months
- 2.82%
- Holdings
- 41
- Volume · 30D
- 0M sh
- NAV per share
- $43.71
- 52W range
The ETF.net MEM Grade
Score 29 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 24Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 16Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 29Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 53Category rank
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
- 41
- 54%
- 2330.TW
Sectors
- Technology43.5%
- Financials23.6%
- Consumer Discr.8.6%
- Materials7.7%
- Communication7.6%
- Industrials5.8%
- Energy1.7%
- Cons. Staples1.5%
Geography
- South Korea29.32%
- Taiwan27.02%
- China19.47%
- India5.86%
- South Africa4.02%
- United Kingdom2.84%
- Singapore2.66%
- Brazil2.22%
- 6.60%
Developed 6% · Emerging 94%
MEM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +26.2% |
| 1 month | +1.7% |
| 3 months | −4.6% |
| 1 year | +29.5% |
| 3 years | +23.9% |
| 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 | +26.2% | |
| 2025 | +28.4% | |
| 2024 | +10.3% | |
| 2023 | +6.9% | |
| 2022 | +7.3% |
MEM in the news
ETF.net Research hasn’t filed on MEM yet — coverage lands here as it’s written.
MEM Dividends
- 2.82%
- $1.27
- $1.27 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 17, 2025 | Dec 22, 2025 | $1.27 |
| Dec 18, 2024 | Dec 23, 2024 | $2.26 |
| Dec 14, 2023 | Dec 21, 2023 | $0.0031 |
| Dec 14, 2022 | Dec 21, 2022 | $0.14 |
MEM Risk
- 16.9%
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.
- 0.98
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
- The middle half of Emerging Markets Active Equity funds
- Median 0.65%
19 of the 27 Emerging Markets Active Equity funds charge less.