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Launched

Matthews Asia Innovators Active ETF

MINVNYSE ArcaMatthews AsiaD

$43.02−0.06 (−0.13%)

As of Nov 10, 2026, 10:17 AM ET

D27/ 100

Rank 30 of 30 in Disruptive Innovation

D27/100Rank 30 of 30inDisruptive Innovation
Intraday session: down, 11 prints from 43.07 to 43.02. Range 42.79 to 43.02. Use the arrow keys to read each point.42.8042.8542.9042.9510 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$147M
1Y total return
+21.8%
Yield · Last 12 months
1.24%
Holdings
53
Avg volume · 30D
8.91K sh
52W range
low $32.86high $61.03
Launched

The ETF.net MINV Grade

Based on 5 of 6 pillars

D

Score 27 out of 100

Category
Disruptive Innovation⁠
Rank
30 of 30
Six-pillar profile for MINV. Scores out of 100: Cost 5, Risk 51, Mission not scored, Tradability 26, Holdings 51, Durability 48. Strongest: Risk (51). Weakest: Cost (5). Based on 5 of 6 pillars.

Score 27 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.
    F5 out of 100
    Rank 28 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C51 out of 100
    Rank 15 of 30

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D26 out of 100
    Rank 27 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C51 out of 100
    Rank 16 of 30

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C48 out of 100
    Rank 17 of 30

Our read on MINV

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jul 13, 2022

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$12,176
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. MINV $12,176. SPY $11,339. Use the arrow keys to read each point.$10,000$12,500$15,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for MINV. Periods over one year show the average yearly return.
PeriodMINV
Year to date+21.8%
1 month−10.3%
3 months−13.1%
1 year+21.8%
3 yearsper year+25.1%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MINV
YearReturn barMINV
2026 YTD+21.8%
2025+30.9%
2024+17.3%
2023−2.7%
2022−3.1%

History from Jul 14, 2022

MINV in the news

MINV Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
1.24%Last 12 months
Payout per share
$0.53Last 12 months
Last payment
$0.53 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 14, 2023 $0.23; Dec 18, 2024 $0.07; Dec 17, 2025 $0.53. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 17, 2025Dec 22, 2025$0.53
Dec 18, 2024Dec 23, 2024$0.07
Dec 14, 2023Dec 21, 2023$0.23

$10,000 in MINV 3 years ago paid $366 in dividends.

MINV Risk

Risk pillarC51 out of 100Rank 15 of 30 in Disruptive Innovation
How much the fund’s monthly returns vary, scaled to a year.
26.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.86
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−30.0%
51 months · trough Nov 2026
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.

How strongly the fund’s returns move with its asset-class index.
1.38
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

MINV Cost

Compare MINV and KOMP

Overpaying vs KOMP, cheapest in Disruptive Innovation

$11,019

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MINV 0.79%

    $15,174

  • KOMP 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • MINV 0.79%
  • KOMP 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530MINV $15,174KOMP $4,155

Year by year

YearMINVKOMPOverpaying
10$1,405$365$1,040
20$5,331$1,421$3,910
30$15,174$4,155$11,019

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