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Matthews Emerging Markets Ex China Active ETF (MEMX)

Diversified Emerging Mkts | Exchange Traded Fund | NYSEArca
48.11 USD -0.34 (-0.707%) ⇩ (Aug. 28, 2026, 3:31 p.m. EDT)
After hours: 48.11

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:02 a.m. EDT

The emerging markets ex-China theme is showing signs of life, driven by the broader AI boom benefiting giants like TSMC. Fundamentally, the ETF has delivered a solid 29% gain over the last two years with consistent positive annual returns, avoiding the dreaded multi-year decline trap. However, the valuation is stretched with a nearly 19x P/E, which is rich for this sector, and liquidity is concerning given the average daily volume is less than double the recent session's activity. The 1.6% dividend yield is a modest bonus but insufficient to offset the valuation premium or provide significant income. While the statistical models hint at a slight upside bias over the next month, the lack of options flow and the high valuation ceiling suggest this is more of a steady accumulation play rather than a high-conviction momentum trade.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.052258
MSTL0.059911
AutoTheta0.065561
AutoARIMA0.076224

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 57%
H-stat 0.65
Ljung-Box p 0.000
Jarque-Bera p 0.232
Excess Kurtosis 0.28
Attribute Value
Trailing P/E 19.07

As of Aug. 22, 2026, 4:02 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across all strikes. The lack of speculative positioning suggests a lack of immediate catalysts or consensus on a sharp directional move in either direction.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
5.15% 5.15%
Dividend History
Date Dividend Yield %
2025-12-17 1.827 5.151703
2024-12-18 0.288 0.994819
2023-12-14 0.313 1.146436
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.64

Info Dump

Attribute Value
All Time High 51.52
All Time Low 23.735
Ask 52.66
Ask Size 600
Average Daily Volume10 Day 2,150
Average Daily Volume3 Month 3,541
Average Volume 3,541
Average Volume10Days 2,150
Beta3 Year 1.2
Bid 43.44
Bid Size 400
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 48.4501
Day Low 48.055
Dividend Yield 1.64
Eps Trailing Twelve Months 2.5225372
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 47.24292
Fifty Day Average Change 0.86727905
Fifty Day Average Change Percent 0.018357864
Fifty Two Week Change Percent 47.767616
Fifty Two Week High 51.52
Fifty Two Week High Change -3.4098015
Fifty Two Week High Change Percent -0.06618404
Fifty Two Week Low 32.64
Fifty Two Week Low Change 15.4702
Fifty Two Week Low Change Percent 0.47396445
Fifty Two Week Range 32.64 - 51.52
First Trade Date Milliseconds 1,673,447,400,000
Full Exchange Name NYSEArca
Fullday Change -0.3424
Fullday Change Percent -0.706669
Fullday Price 48.1102
Fund Family Matthews Asia Funds
Fund Inception Date 1,673,308,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund 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 emerging market countries excluding China. The fund may also invest in companies located in developed countries or China; however, the fund may not invest in any company located in a developed country or China if, at the time of purchase, more than 20% of the fund’s assets are invested in a combination of developed market and Chinese companies.
Long Name Matthews Emerging Markets Ex China Active ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1805362016
Nav Price 47.848
Net Assets 52,304,804.0
Net Expense Ratio 0.79
Open 48.45
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 48.1102
Post Market Time 1,787,951,100
Previous Close 48.4526
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.3424
Regular Market Change Percent -0.706669
Regular Market Day High 48.4501
Regular Market Day Low 48.055
Regular Market Day Range 48.055 - 48.4501
Regular Market Open 48.45
Regular Market Previous Close 48.4526
Regular Market Price 48.1102
Regular Market Time 1,787,945,497
Regular Market Volume 6,300
Short Name Matthews Emerging Markets ex Ch
Source Interval 15
Symbol MEMX
Three Year Average Return 0.24328199
Total Assets 52,304,804
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 19.072145
Trailing Peg Ratio None
Trailing Three Month Nav Returns 4.65557
Trailing Three Month Returns 4.65557
Triggerable 1
Two Hundred Day Average 43.081284
Two Hundred Day Average Change 5.0289154
Two Hundred Day Average Change Percent 0.11673086
Type Disp ETF
Volume 6,300
Yield 0.0164
Ytd Return 22.66991