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ETFs

Matthews Emerging Markets ex China Active ETF

MEMX
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 11, 2023
Expense Ratio
0.79%
Type
Global Ex. US Equities
Fund Owner
Matthews Asia
Volume (1m avg. daily)
$34,053
AUM
$7,170,240
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

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Banco BTG Pactual S.A. - Units (Comp 1 Ord + 2 Prf Class A)
2.7%
IBN
ICICI Bank Ltd. - ADR
2.7%
Invest with MEMX
Trade MEMX Options

What is MEMX?

Matthews Emerging Markets ex China Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. The Fund may also invest in companies located in developed countries or China; however, the Fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the Fund's assets are invested in a combination of developed market and Chinese companies. The Fund may concentrate its investments (meaning more than 25% of its assets) from time to time in a single country, with the exception of China.

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MEMX
Performance Measures**

for the time period Jan 12, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 0.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 10.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -19.3%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 14.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.96

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.71

The annualized return divided by the max drawdown for the selected time period.

ETFs related toMEMX

ETFs correlated to MEMX include EMXC, FRDM, XCEM

MEMX
Matthews International Funds - Matthews Emerging Markets ex China Active ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

MEMX is a Global Ex. US Equities ETF. Matthews Emerging Markets ex China Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in emerging market countries excluding China. The Fund may also invest in companies located in developed countries or China; however, the Fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the Fund's assets are invested in a combination of developed market and Chinese companies. The Fund may concentrate its investments (meaning more than 25% of its assets) from time to time in a single country, with the exception of China.

Yes, MEMX is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MEMX is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MEMX is -0.0242%. This is the percent change in the value of MEMX over the most recent 1-month period. The 3-month return on MEMX is -0.035%. This is the percent change in the value of MEMX over the most recent 3-month period.

ETFs similar to MEMX include EZU, VEA, and EFA.

ETFs correlated to MEMX include EMXC, FRDM, and XCEM.

ETFs that are inversely correlated to MEMX include EFZ, EDZ, and EPV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.