Matthews Asia Innovators Active ETF
$46.90−0.55 (−1.15%)
- 0.79%
- $164M
- +35.5%
- 1.12%
- 0M sh
- $47.93
- low $32.86high $61.03
The ETF.net MINV Grade
D
Score 30 out of 100
- 29 of 31
Score 30 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.F8 out of 100Rank 28 of 31Mission
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.B58 out of 100Rank 13 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 25 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 17 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C47 out of 100Rank 18 of 31
Our read on MINV
DMost disruptive-innovation ETFs shop in Silicon Valley. This one hunts in Asia ex-Japan, with a manager hand-picking roughly 40 stocks instead of tracking an index, run by a firm that has covered the region since 1991.
The fund seeks long-term capital appreciation by investing at least 80% of net assets in common and preferred stocks of Asia-located companies that Matthews identifies as innovators in products, services, processes, business models, management, technology use, or market development.
Why people hold it
- Actively managed and concentrated: roughly 40 Asia-located stocks chosen by analysts, not pulled from an index screen.
- Defines innovation broadly. Business models, management, and market development count, not just chips and software, so an old-line company can make the cut.
- Matthews has focused on Asia since 1991 and launched MINV in 2022 among its first active ETFs, putting a long-running specialty in an ETF wrapper.etfgi.com
- Benchmarked to the MSCI All Country Asia ex Japan Index, so the stock picking is measured against the plain regional market.
Worth knowing
- Charges 0.79% a year, above the 0.65% median for innovation ETFs, where index trackers like KOMP run 0.20%. That is the price of on-the-ground research.
- Thinly traded. Limit orders matter here, and spreads can widen when the underlying Asian markets are closed.
- One region, about 40 names, and a mandate that can include frontier markets. Policy shocks in Asia land harder here than in a globally spread basket.
MINV Holdings
- Stocks
- 59
- 45%
- Cash and Others
Sectors
- Technology47.7%
- Industrials17.0%
- Consumer Discretionary15.1%
- Communication9.4%
- Health Care8.9%
- Financials1.4%
- Energy0.5%
Geography
- China40.62%
- Taiwan (Province of China)24.97%
- Korea (the Republic of)18.92%
- India11.99%
- Japan1.61%
- United States1.06%
- Singapore0.62%
- Hong Kong0.21%
Developed 2% · Emerging 98%
MINV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
MINV$13,549
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 | MINV |
|---|---|
| Year to date | +34.4% |
| 1 month | −2.5% |
| 3 months | −10.8% |
| 1 year | +35.5% |
| 3 years | +29.1% |
| 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 | MINV |
|---|---|---|
| 2026 YTD | +34.4% | |
| 2025 | +30.9% | |
| 2024 | +17.3% | |
| 2023 | −2.7% | |
| 2022 | −3.1% |
MINV in the news
MINV Dividends
- 1.12%
- $0.53
- $0.53 per share
- Annual
Distribution history
MINV Risk
- 25.1%
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.
- 1.01
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.
- −23.5%
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.
- 1.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MINV Cost
0.79%
MINV0.79%
- The middle half of Disruptive Innovation funds
- Median 0.65%
27 of the 31 Disruptive Innovation funds charge less.
Other funds in Disruptive Innovation
- DKNOAXS Knowledge Leaders ETFExpense ratio 0.78%1 year return +27.5%
- DDUNKDana Unconstrained Equity ETFExpense ratio 0.75%1 year return +17.7%
- DTMATMain Thematic Innovation ETFExpense ratio 0.79%1 year return +8.5%
- DDRUPGraniteShares Nasdaq Select Disruptors ETFExpense ratio 1.50%1 year return +13.5%
- DGGRWGabelli Growth Innovators ETFExpense ratio 0.90%1 year return +9.7%