Summary
MEMX
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 42.29% Volatility 20.49% Sharpe 2.20
Official loaded data — not a live quote.

MATTHEWS EMERGING MARKETS EX CHINA ACTIVE ETF

Symbol: MEMX

Exchange: NYSE

Sector: Technology

Category: Diversified Emerging Mkts

Inception date: 10/01/2023

Latest date: 20/07/2026

Current price: $44.90

Expense ratio: 0.79%

Assets under management
$50.3M
-0.26% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-12.75%

Ann. -65.01% (Sharpe / Sortino numerator)

Volatility

38.76%

Sharpe ratio

-1.771

VaR 95%

-4.34%

CVaR 95%: -4.64%
Max drawdown: -8.99%
Sortino ratio: -2.950
Calmar ratio: -7.23

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.58%

Ann. 16.73% (Sharpe / Sortino numerator)

Volatility

28.36%

Sharpe ratio

0.462

VaR 95%

-3.41%

CVaR 95%: -4.06%
Max drawdown: -14.70%
Sortino ratio: 0.638
Calmar ratio: 1.14

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

14.29%

Ann. 40.63% (Sharpe / Sortino numerator)

Volatility

23.13%

Sharpe ratio

1.600

VaR 95%

-2.33%

CVaR 95%: -3.42%
Max drawdown: -14.70%
Sortino ratio: 2.081
Calmar ratio: 2.76

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

42.29%

Ann. 48.67% (Sharpe / Sortino numerator)

Volatility

20.49%

Sharpe ratio

2.198

VaR 95%

-1.77%

CVaR 95%: -3.05%
Max drawdown: -14.70%
Sortino ratio: 2.785
Calmar ratio: 3.31

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

57.58%

Ann. 20.59% (Sharpe / Sortino numerator)

Volatility

17.54%

Sharpe ratio

0.967

VaR 95%

-1.77%

CVaR 95%: -2.61%
Max drawdown: -19.27%
Sortino ratio: 1.259
Calmar ratio: 1.07

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

78.61%

Ann. 19.54% (Sharpe / Sortino numerator)

Volatility

16.14%

Sharpe ratio

0.986

VaR 95%

-1.68%

CVaR 95%: -2.35%
Max drawdown: -19.27%
Sortino ratio: 1.338
Calmar ratio: 1.01

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.154%

Best day

6.123%

08/04/2026
Worst day

-7.094%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $45.02 $45.03 $44.90 $44.90 500
17/07/2026 $44.02 $45.28 $44.01 $45.02 6,400
16/07/2026 $45.58 $45.58 $45.40 $45.47 1,000
15/07/2026 $46.37 $46.50 $45.95 $46.50 24,900
14/07/2026 $46.75 $46.97 $46.75 $46.97 900
13/07/2026 $46.88 $46.91 $46.26 $46.36 3,200
10/07/2026 $47.74 $48.04 $47.74 $48.04 700
09/07/2026 $47.75 $47.93 $47.69 $47.69 900
08/07/2026 $47.22 $47.22 $47.22 $47.22 100
07/07/2026 $47.12 $47.32 $47.08 $47.32 2,500