Summary
Matthews Asia Innovators Active ETF is an ETF - a fund traded on an exchange like a stock - run by Matthews Asia. Positions inside: 55. The ten largest make up 46% of the fund.
- Yearly costs
- 0.79%
- Fund size
- $150.2M
- Positions
- 55
- Dividend yield
- 1.24%
- Running since
- 2022
What speaks for it
- Average yearly growth over the last three years: 24%.
What to watch
- 48% of the fund is in one sector (Technology).
- Costs of 0.79% a year are above the middle of comparable funds (0.43%).
- It trades little: only about $403.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -12%
- 3 months
- -10%
- This year
- +21%
- 1 year
- +14%
- 3 years
- +89%
- Avg. market cap
- $332.4B
- P/E
- 17.6x
- Forward P/E
- 16.5x
- P/S
- 2.8x
- P/B
- 4.2x
- P/FCF
- 20.3x
- EV/EBITDA
- 12.0x
- Dividend yield
- 0.78%
- ROIC
- 14.7%
- ROE
- 25.6%
- Gross margin
- 44.1%
- Operating margin
- 23.9%
- Net margin
- 20.8%
- Payout ratio
- 13.7%
- Net debt/EBITDA
- -1.3x
- Beta
- 1.38
Weighted average of the 49 largest companies, which make up 90% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 CASH AND OTHERS 8.4%
- 2 00Samsung Electronics Co., Ltd. 005930.KS 6.4%
- 3 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 5.6%
- 4 00Midea Group Co., Ltd. 000333.SZ 4.5%
- 5 99Alibaba Group Holding Limited 9988.HK 4.1%
- 6 07Tencent Holdings Limited 0700.HK 4.0%
- 7 00SK hynix Inc. 000660.KS 3.6%
- 8 99NetEase, Inc. 9999.HK 3.3%
- 9 ETEternal Limited ETERNAL.NS 3.0%
- 10 69Sichuan Kelun-Biotech Biopharmaceutical Co., Ltd. 6990.HK 2.8%
Positions in the fund: 55. The ten largest make up 46% of it.
Composition as of Oct 31, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 48%
- Industrials 17%
- Consumer cyclical 15%
- Communication services 9.4%
- Healthcare 8.9%
- Other 1.9%
By country
- China 37%
- Taiwan 23%
- India 17%
- South Korea 15%
- Other countries 8.0%
By company size
- Mega cap 29%
- Large cap 55%
- Mid cap 16%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 90% of the fund.
Largest sector: Technology (48%). Largest country: China (37%). Largest size group: Large cap (55%).
What does it cost me?
Expensive- A year from $10,000
- $79.00
- Over 20 years
- $3,720
From every $10,000 invested the fund takes $79.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,720.
How has it done?
Growing over the long run- A year on average, 3 years
- +24%
- Deepest drop
- -28%
- Yearly volatility
- 32%
Average yearly growth over the last three years: 24%. Deepest drop in these years: 28% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 1.24%
- Payments a year
- 1
- Last payment
- $0.53
Over the last 12 months it paid $0.53 per share, which is 1.24% of today's price. The last payment was $0.53 on Dec 17, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $403.1K
- Shares a day
- 9.4K
On an average day about $403.1K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.6
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 23%
- Fairly valued 11%
- Overvalued 67%
On average the companies inside trade for 17.6 times their yearly profit. By Fair Price, 67% of the rated weight comes out as overvalued.
Counted from its largest companies (49), which make up 90% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
MC MCHS Matthews China Discovery Active ETF MCHS | United States | 0.99% | $2.47M | -1.1% | Pays out | 41% |
AS ASIA Matthews Pacific Tiger Active ETF ASIA | United States | 0.79% | $46.4M | +7.5% | Pays out | 36% |
ME MEM Matthews Emerging Markets Equity Active ETF | United States | 0.79% | $50.1M | +0.9% | Pays out | 35% |
FF FFEM Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETF | United States | 0.60% | $65.1M | +13% | Pays out | 31% |
SY SYGEMF.JO Sygnia Itrix MSCI Emerging Markets 50 ETF Units ZAR | South Africa | 0.48% | $48.9M | +16% | Reinvests | 31% |
FS FSYJX Fidelity Sustainable Emerging Markets Eq· mutual fund | - | - | $12.4M | +10% | Pays out | 31% |