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Matthews Asia Innovators Active ETF

MINV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 13 2022
Expense Ratio
0.79%
Type
Global Ex. US Equities
Fund Owner
Matthews Asia
Volume (1m avg. daily)
$763,417
AUM
$109,115,300
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

2330
Taiwan Semiconductor Manufacturing
7.20%
005930
Samsung Electronics
6.20%
PDD
PDD Holdings Inc - ADR
5.00%
700
Tencent Holdings Ltd.
4.10%
TCOM
Trip.com Group Ltd - ADR
3.80%
532174
ICICI Bank Ltd.
3.20%
532215
Axis Bank Ltd
3.20%
ZOMATO
Zomato Ltd.
3.20%
BABA
Alibaba Group Holding Ltd - ADR
3.00%
BEKE
KE Holdings Inc - ADR
2.90%
Invest with MINV

What is MINV?

Under normal circumstances, the Matthews Asia Innovators Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management's depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

ETFs related toMINV

ETFs correlated to MINV include EMQQ, GMF, AAXJ

MINV
Matthews International Funds - Matthews Asia Innovators Active ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
GMF
SSgA Active Trust - SPDR S&P Emerging Asia Pacific ETF
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
EEMA
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Asia ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMINV

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with MINV using Composer

FAQ

MINV is a Global Ex. US Equities ETF. Under normal circumstances, the Matthews Asia Innovators Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management's depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Yes, MINV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MINV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MINV is -0.0271%. This is the percent change in the value of MINV over the most recent 1-month period. The 3-month return on MINV is -0.0505%. This is the percent change in the value of MINV over the most recent 3-month period.

The standard deviation of MINV for the past year is 0.2721%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MINV include PBW, IGF, and ARKK.

ETFs correlated to MINV include EMQQ, GMF, and AAXJ.

ETFs that are inversely correlated to MINV include EDZ, YANG, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.