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Matthews Asia Innovators Active ETF (MINV)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

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

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Matthews Asia Innovators Active ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Matthews Asia Innovators Active ETF (MINV) has returned 7.75% so far this year and 38.07% over the past 12 months.


Matthews Asia Innovators Active ETF

1D
2.27%
1M
-7.80%
YTD
7.75%
6M
4.06%
1Y
38.07%
3Y*
16.47%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 14, 2022, MINV's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, your investment would double in approximately 4.9 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +22.4%, 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 52% 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%7.75%
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 0.54%, beta of 0.88, and R² of 0.40 versus S&P 500 Index. Calculated based on daily prices since July 15, 2022.

  • This ETF participated in 84.26% of S&P 500 Index downside but only 78.04% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.40 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
0.54%
Beta
0.88
0.40
Upside Capture
78.04%
Downside Capture
84.26%

Expense Ratio

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


Return for Risk

Risk / Return Rank

MINV ranks 79 for risk / return — better than 79% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


MINV Risk / Return Rank: 7979
Overall Rank
MINV Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
MINV Sortino Ratio Rank: 8080
Sortino Ratio Rank
MINV Omega Ratio Rank: 7676
Omega Ratio Rank
MINV Calmar Ratio Rank: 8484
Calmar Ratio Rank
MINV Martin Ratio Rank: 7575
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 a chosen benchmark (S&P 500 Index).


MINVBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.59

0.90

+0.69

Sortino ratio

Return per unit of downside risk

2.14

1.39

+0.75

Omega ratio

Gain probability vs. loss probability

1.30

1.21

+0.09

Calmar ratio

Return relative to maximum drawdown

2.55

1.40

+1.15

Martin ratio

Return relative to average drawdown

8.23

6.61

+1.62

Explore MINV risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Matthews Asia Innovators Active ETF provided a 1.40% 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

1.40%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
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 8.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.49%Jul 22, 202266Oct 24, 202249Jan 4, 2023115
-23.1%Jan 27, 2023189Oct 26, 2023174Jul 9, 2024363
-19.82%Oct 8, 2024125Apr 8, 202541Jun 6, 2025166
-12.67%Jul 15, 202416Aug 5, 202435Sep 24, 202451
-10.88%Oct 7, 202551Dec 17, 202516Jan 12, 202667

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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