- Issuer
- Matthews
- Inception Date
- Sep 21, 2023
- Region
- Asia Pacific (Asia Pacific)
- Category
- Asia Pacific Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $9M
Share Price Chart
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Performance
ADVE Performance Chart
Matthews Asia Dividend Active ETF (ADVE) is up 15.5% since the beginning of the year. ADVE is currently trading at $45 per share.
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Returns By Period
Matthews Asia Dividend Active ETF (ADVE) has returned 15.51% so far this year and 30.63% over the past 12 months.
Matthews Asia Dividend Active ETF
- 1D
- -0.13%
- 1M
- -1.52%
- YTD
- 15.51%
- 6M
- 15.27%
- 1Y
- 30.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.10%
- 1M
- -1.54%
- YTD
- 7.49%
- 6M
- 6.15%
- 1Y
- 20.78%
- 3Y*
- 19.17%
- 5Y*
- 11.44%
- 10Y*
- 13.70%
ADVE Monthly Returns History
Based on dividend-adjusted daily data since Sep 22, 2023, ADVE's average daily return is +0.08%, while the average monthly return is +1.51%. At this rate, an investment would double in approximately 3.9 years.
Historically, 74% of months were positive and 26% were negative. The best month was Apr 2026 with a return of +9.1%, while the worst month was Mar 2026 at -7.7%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, ADVE closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +6.5%, while the worst single day was Apr 4, 2025 at -5.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.16% | 7.76% | -7.71% | 9.07% | 1.79% | -2.38% | 15.51% | ||||||
| 2025 | 0.31% | 0.24% | 0.88% | 1.14% | 4.76% | 4.90% | 0.14% | 2.86% | 4.60% | 1.62% | 0.36% | 1.80% | 26.12% |
| 2024 | -2.56% | 2.96% | 1.97% | -2.50% | 2.79% | 1.93% | 2.34% | 2.47% | 5.93% | -4.70% | -0.57% | -2.70% | 7.02% |
| 2023 | -2.23% | -2.84% | 5.87% | 3.98% | 4.58% |
Benchmark Metrics
Matthews Asia Dividend Active ETF has an annualized alpha of 3.33%, beta of 0.77, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since September 22, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (73.59%) than losses (53.69%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.33% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.33%
- Beta
- 0.77
- R²
- 0.53
- Upside Capture
- 73.59%
- Downside Capture
- 53.69%
Expense Ratio
ADVE has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ADVE ranks 58 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Matthews Asia Dividend Active ETF (ADVE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADVE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.30 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 2.29 | +0.33 |
| Martin ratioReturn relative to average drawdown | 9.94 | 10.15 | -0.20 |
Dividends
Dividend History
Matthews Asia Dividend Active ETF provided a 2.58% dividend yield over the last twelve months, with an annual payout of $1.17 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.17 | $1.16 | $1.92 | $0.12 |
Dividend yield | 2.58% | 2.97% | 6.00% | 0.37% |
Monthly Dividends
The table displays the monthly dividend distributions for Matthews Asia Dividend Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.70 | $1.16 |
| 2024 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $1.44 | $1.92 |
| 2023 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Matthews Asia Dividend Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Matthews Asia Dividend Active ETF was 18.41%, occurring on Apr 8, 2025. Recovery took 44 trading sessions.
The current Matthews Asia Dividend Active ETF drawdown is 5.53%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -18.41%Apr 2025 | 6mo 2d | 2mo 4d | 8mo 6dOct 2024 - Jun 2025 |
2026 correction2026 | -11.73%Mar 2026 | 1mo 2d | 1mo 6d | 2mo 8dFeb 2026 - May 2026 |
2024 pullback2024 | -7.79%Aug 2024 | 21d | 18d | 1mo 9dJul 2024 - Aug 2024 |
2026 pullback2026 | -6.27%Jun 2026 | 7d | — | 22d 1hJun 2026 - now |
2023 pullback2023 | -6.24%Oct 2023 | 1mo 4d | 20d | 1mo 24dSep 2023 - Nov 2023 |
Drawdown Indicators
| ADVE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.41% | -56.78% | +38.37% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | -9.10% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -5.53% | -3.31% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -3.18% | -10.71% | +7.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 2.05% | +1.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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