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ISIN
US5771258267
Issuer
Matthews
Inception Date
Jul 13, 2022
Region
Broad Asia (Broad)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth
Assets Under Management
$177M

Share Price Chart


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Performance

MINV Performance Chart

Matthews Asia Innovators Active ETF (MINV) is up 58.7% since the beginning of the year. MINV is currently trading at $56 per share.


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S&P 500 Index

Returns By Period

Matthews Asia Innovators Active ETF (MINV) has returned 58.70% so far this year and 93.90% over the past 12 months.


Matthews Asia Innovators Active ETF

1D
-1.11%
1M
14.54%
YTD
58.70%
6M
60.02%
1Y
93.90%
3Y*
34.15%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MINV Monthly Returns History

Based on dividend-adjusted daily data since Jul 14, 2022, MINV's average daily return is +0.10%, while the average monthly return is +2.01%. At this rate, an investment would double in approximately 2.9 years.

Historically, 58% of months were positive and 42% were negative. The best month was Apr 2026 with a return of +27.2%, while the worst month was Sep 2022 at -11.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MINV closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +6.7%, while the worst single day was Oct 24, 2022 at -6.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.19%9.03%-7.80%27.20%17.54%-1.50%58.70%
20251.12%1.32%-0.33%-1.97%5.58%7.82%3.84%4.68%9.37%0.80%-5.04%0.90%30.85%
2024-1.88%7.31%2.28%-0.11%1.84%5.28%-1.91%0.84%6.68%-1.41%0.63%-2.83%17.32%
202310.68%-10.70%3.10%-4.73%-2.10%2.74%6.15%-6.35%-5.29%-3.30%7.86%1.51%-2.66%
20220.49%-0.21%-11.18%-10.09%22.36%-1.13%-3.11%

Benchmark Metrics

Matthews Asia Innovators Active ETF has an annualized alpha of 6.94%, beta of 0.92, and R2 of 0.39 versus S&P 500 Index. Calculated based on daily prices since July 15, 2022.

  • This ETF captured 105.48% of S&P 500 Index gains but only 86.09% of its losses - a favorable profile for investors.
  • R2 of 0.39 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
6.94%
Beta
0.92
0.39
Upside Capture
105.48%
Downside Capture
86.09%

Expense Ratio

MINV has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

MINV ranks 93 for risk / return — in the top 93% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


MINV Risk / Return Rank: 9393
Overall Rank
MINV Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
MINV Sortino Ratio Rank: 9393
Sortino Ratio Rank
MINV Omega Ratio Rank: 9292
Omega Ratio Rank
MINV Calmar Ratio Rank: 9696
Calmar Ratio Rank
MINV Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Matthews Asia Innovators Active ETF (MINV) and compare them to S&P 500 Index.


MINVBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+1.52

Sortino ratioReturn per unit of downside risk

+1.47

Omega ratioGain probability vs. loss probability

1.62

1.41

+0.22

Calmar ratioReturn relative to maximum drawdown

8.68

2.93

+5.75

Martin ratioReturn relative to average drawdown

23.03

13.52

+9.51

Dividends

Dividend History

Matthews Asia Innovators Active ETF provided a 0.95% dividend yield over the last twelve months, with an annual payout of $0.53 per share.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%1.60%$0.00$0.10$0.20$0.30$0.40$0.50202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$0.53$0.53$0.07$0.23

Dividend yield

0.95%1.51%0.25%1.00%

Monthly Dividends

The table displays the monthly dividend distributions for Matthews Asia Innovators Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.53$0.53
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.07$0.07
2023$0.23$0.23

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 Innovators 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 Innovators Active ETF was 23.49%, occurring on Oct 24, 2022. Recovery took 49 trading sessions.

The current Matthews Asia Innovators Active ETF drawdown is 1.89%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-23.49%Oct 2022
3mo 4d2mo 12d
5mo 16dJul 2022 - Jan 2023
2023 bear market2023
-23.10%Oct 2023
9mo 2d8mo 17d
1y 5moJan 2023 - Jul 2024
2025 selloff2025
-19.82%Apr 2025
6mo 2d1mo 29d
8mo 1dOct 2024 - Jun 2025
2024 correction2024
-12.67%Aug 2024
21d1mo 20d
2mo 11dJul 2024 - Sep 2024
2025 correction2025
-10.88%Dec 2025
2mo 11d26d
3mo 7dOct 2025 - Jan 2026

Drawdown Indicators


MINVBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-23.49%

-56.78%

+33.29%

Max Drawdown (1Y)

Largest decline over 1 year

-10.88%

-9.10%

-1.78%

Max Drawdown (3Y)

Largest decline over 3 years

-19.82%

-18.90%

-0.92%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.89%

-0.74%

-1.15%

Average Drawdown

Average peak-to-trough decline

-8.07%

-10.72%

+2.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.09%

1.97%

+2.12%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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