Matthews Asia Innovators Active ETF
$49.10−1.06 (−2.10%)
- Expense ratio
- 0.79%
- Fund size
- $165M
- 1Y return
- +37.0%
- Yield · Last 12 months
- 1.06%
- Holdings
- 41
- Volume · 30D
- 0M sh
- NAV per share
- $48.52
- 52W range
The ETF.net MINV Grade
Score 32 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 10Category 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.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 50Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 48Category rank
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
- 41
- 47%
- CASH AND OTHERS
Sectors
- Technology46.0%
- Industrials18.5%
- Consumer Discr.14.9%
- Communication8.9%
- Health Care8.1%
- Real Estate1.6%
- Financials1.4%
- Energy0.5%
Geography
- China43.70%
- Taiwan21.25%
- South Korea19.27%
- India12.49%
- Japan1.55%
- United States0.87%
- Hong Kong0.86%
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.
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 | MINV |
|---|---|
| Year to date | +42.1% |
| 1 month | −0.0% |
| 3 months | −15.6% |
| 1 year | +37.0% |
| 3 years | +32.1% |
| 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 | +42.1% | |
| 2025 | +30.9% | |
| 2024 | +17.3% | |
| 2023 | −2.7% | |
| 2022 | −3.1% |
MINV in the news
ETF.net Research hasn’t filed on MINV yet — coverage lands here as it’s written.
MINV Dividends
- 1.06%
- $0.53
- $0.53 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 17, 2025 | Dec 22, 2025 | $0.53 |
| Dec 18, 2024 | Dec 23, 2024 | $0.07 |
| Dec 14, 2023 | Dec 21, 2023 | $0.23 |
MINV Risk
- 25.4%
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.
- 0.95
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
- The middle half of Disruptive Innovation funds
- Median 0.65%
27 of the 31 Disruptive Innovation funds charge less.