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MINV vs. EINC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MINV vs. EINC

Last updated Jun 26, 2026

MINV (Matthews Asia Innovators Active ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - MINV is a Asia Pacific Equities fund actively managed by Matthews, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. MINV is actively managed, while EINC is passively managed. Over the past 3 years, MINV returned 35.03%/yr vs 29.92%/yr for EINC. At a 0.24 correlation, their price movements are largely independent. MINV charges 0.79%/yr vs 0.45%/yr for EINC.

Performance

MINV vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Asia Innovators Active ETF (MINV) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MINV achieves a 59.64% return, which is significantly higher than EINC's 26.86% return.

MINV

1D
1.72%
1M
0.70%
YTD
59.64%
6M
60.18%
1Y
84.16%
3Y*
35.03%
5Y*
—
10Y*
—

EINC

1D
1.61%
1M
-1.34%
YTD
26.86%
6M
26.99%
1Y
30.33%
3Y*
29.92%
5Y*
21.22%
10Y*
12.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MINV vs. EINC - Yearly Performance Comparison

2026 (YTD)2025202420232022
MINV
Matthews Asia Innovators Active ETF		59.64%30.85%17.32%-2.66%-2.87%
EINC
VanEck Energy Income ETF		26.86%7.11%42.79%15.55%9.21%

Correlation

The correlation between MINV and EINC is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.10

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (All Time)
Calculated using the full available price history since Jul 14, 2022

0.24

The correlation between MINV and EINC shifts across timeframes, from -0.10 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

MINV vs. EINC - Sectors Allocation Comparison

Sectors
MINV
EINC

Technology

67.2%

-

Industrials

19.2%
2.5%

Healthcare

4.6%

-

Consumer Cyclical

3.7%

-

Communication Services

2.3%

-

Energy

1.7%
99.4%

Financial Services

1.4%

-

Basic Materials

0.8%

-

Consumer Defensive

-

-

Real Estate

-

-

Utilities

-

0.6%

Technology

MINV
67.2%
EINC

-

Industrials

MINV
19.2%
EINC
2.5%

Healthcare

MINV
4.6%
EINC

-

Consumer Cyclical

MINV
3.7%
EINC

-

Communication Services

MINV
2.3%
EINC

-

Energy

MINV
1.7%
EINC
99.4%

Financial Services

MINV
1.4%
EINC

-

Basic Materials

MINV
0.8%
EINC

-

Consumer Defensive

MINV

-

EINC

-

Real Estate

MINV

-

EINC

-

Utilities

MINV

-

EINC
0.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Matthews Asia Innovators Active ETF

VanEck Energy Income ETF

Often compared with MINV:
MINV vs. ADVEMINV vs. MATFXMINV vs. ^NDXMINV vs. EMSFMINV vs. DXJMINV vs. ASIAMINV vs. AAXJ
Often compared with EINC:
EINC vs. XLEEINC vs. BIZDEINC vs. EMLPEINC vs. SMHEINC vs. IXCEINC vs. VPUEINC vs. ERY

Return for Risk

MINV vs. EINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MINV
MINV Risk / Return Rank: 9292
Overall Rank
MINV Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
MINV Sortino Ratio Rank: 8787
Sortino Ratio Rank
MINV Omega Ratio Rank: 9090
Omega Ratio Rank
MINV Calmar Ratio Rank: 9696
Calmar Ratio Rank
MINV Martin Ratio Rank: 9292
Martin Ratio Rank
EINC
EINC Risk / Return Rank: 7171
Overall Rank
EINC Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
EINC Sortino Ratio Rank: 6868
Sortino Ratio Rank
EINC Omega Ratio Rank: 6969
Omega Ratio Rank
EINC Calmar Ratio Rank: 8383
Calmar Ratio Rank
EINC Martin Ratio Rank: 6262
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.

MINV vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Asia Innovators Active ETF (MINV) and VanEck Energy Income ETF (EINC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

MINVEINCDifference
Sharpe ratioReturn per unit of total volatility
2.92
2.01

+0.91

Sortino ratioReturn per unit of downside risk
3.43
2.71

+0.72

Omega ratioGain probability vs. loss probability

1.51

1.35

+0.16

Calmar ratioReturn relative to maximum drawdown

7.76

3.86

+3.89

Martin ratioReturn relative to average drawdown

19.30

9.71

+9.59

MINV vs. EINC - Sharpe Ratio Comparison

The current MINV Sharpe Ratio is 2.92, which is higher than the EINC Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of MINV and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

MINV vs. EINC - Drawdown Comparison

The maximum MINV drawdown since its inception was -23.49%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for MINV and EINC.

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Drawdown Indicators

MINVEINCDifference

Max Drawdown

Largest peak-to-trough decline

-23.49%

-87.55%

+64.06%

Max Drawdown (1Y)

Largest decline over 1 year

-10.91%

-7.89%

-3.02%

Max Drawdown (3Y)

Largest decline over 3 years

-19.82%

-16.01%

-3.81%

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.87%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-68.85%

—

Current Drawdown

Current decline from peak

-5.14%

-3.83%

-1.31%

Average Drawdown

Average peak-to-trough decline

-8.03%

-44.13%

+36.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.38%

3.13%

+1.25%

Volatility

MINV vs. EINC - Volatility Comparison

Matthews Asia Innovators Active ETF (MINV) has a higher volatility of 15.96% compared to VanEck Energy Income ETF (EINC) at 6.06%. This indicates that MINV's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MINVEINCDifference

Volatility (1M)

Calculated over the trailing 1-month period

15.96%

6.06%

+9.90%

Volatility (6M)

Calculated over the trailing 6-month period

25.92%

11.99%

+13.93%

Volatility (1Y)

Calculated over the trailing 1-year period

28.96%

15.16%

+13.80%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.77%

19.56%

+5.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.77%

25.43%

-0.66%

MINV vs. EINC - Expense Ratio Comparison

MINV has a 0.79% expense ratio, which is higher than EINC's 0.45% expense ratio.

Dividends

MINV vs. EINC - Dividend Comparison

MINV's dividend yield for the trailing twelve months is around 0.95%, less than EINC's 3.49% yield.

PositionTTM20252024202320222021202020192018201720162015
EINC
VanEck Energy Income ETF		3.49%4.51%3.33%3.77%2.89%6.03%6.69%9.66%11.31%8.53%9.71%28.53%
MINV
Matthews Asia Innovators Active ETF		0.95%1.51%0.25%1.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MINV and EINC have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MINV has higher volatility (15.96%) compared to EINC (6.06%). In terms of maximum drawdown, MINV dropped -23.49% vs EINC's -87.55%.

On 3-year performance, MINV leads with 35.03% vs 29.92% for EINC. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, MINV has performed better with a 35.03% return vs 29.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EINC is cheaper with a 0.45% expense ratio, compared with 0.79% for MINV.

EINC has the higher dividend yield at 3.49%, compared with 0.95% for MINV.

MINV is categorized as Asia Pacific Equities, while EINC is Energy Equities. They also come from different issuers: Matthews and VanEck. Their fees differ too: 0.79% for MINV and 0.45% for EINC.

MINV currently has the higher Sharpe Ratio (2.92 vs 2.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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