Performance analysis of MEMX (MATTHEWS EMERGING MARKETS EX CHINA ACTIVE ETF)
Annual Return
Over the past 3 years, MEMX has had an average annual return of +22.71%, outperforming the benchmark SPY, which returned +19.62% annual.
Since Jan 11, 2023, MEMX has had an average annual return of +21.15%, underperforming the benchmark SPY, which returned +21.36% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +24.25% | +35.75% | +5.52% | +10.50% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.31% | +9.54% | -11.04% | +12.58% | +9.09% | +2.06% | -6.93% | +24.25% | |||||
| 2025 | +0.72% | -3.95% | -0.17% | +2.77% | +5.94% | +7.38% | -0.15% | +1.29% | +5.32% | +6.15% | -1.08% | +7.49% | +35.75% |
| 2024 | -2.24% | +4.54% | +2.64% | -2.46% | +2.59% | +3.93% | -0.61% | +2.09% | +0.20% | -2.32% | -1.21% | -1.43% | +5.52% |
| 2023 | +2.81% | -4.26% | +0.34% | +0.65% | +1.26% | +4.75% | +2.98% | -3.62% | -4.24% | -4.53% | +8.53% | +6.43% | +10.50% |
Drawdown analysis of MEMX (MATTHEWS EMERGING MARKETS EX CHINA ACTIVE ETF)
The maximum drawdown for the MEMX was -19.25%, occurring on Apr 8, 2025. Recovery took 42 trading sessions.
The current MEMX drawdown is -9.66%.
Since Jan 11, 2023 MEMX has experienced the following drawdowns:
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.25% | Sep 26, 2024 | 132 | Apr 8, 2025 | 42 | Jun 9, 2025 | 174 |
| -14.70% | Feb 25, 2026 | 23 | Mar 30, 2026 | 25 | May 5, 2026 | 48 |
| -12.75% | Jun 22, 2026 | 19 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -12.19% | Jul 28, 2023 | 64 | Oct 27, 2023 | 33 | Dec 14, 2023 | 97 |
| -9.86% | Jul 12, 2024 | 16 | Aug 5, 2024 | 35 | Sep 24, 2024 | 51 |
| -9.79% | Feb 2, 2023 | 28 | Mar 15, 2023 | 60 | Jun 9, 2023 | 88 |
| -8.71% | Jun 2, 2026 | 3 | Jun 5, 2026 | 9 | Jun 18, 2026 | 12 |
| -5.85% | May 11, 2026 | 6 | May 19, 2026 | 4 | May 26, 2026 | 10 |
| -5.58% | Apr 8, 2024 | 9 | Apr 19, 2024 | 18 | May 15, 2024 | 27 |
| -5.09% | Nov 3, 2025 | 14 | Nov 21, 2025 | 18 | Dec 18, 2025 | 32 |
| -4.87% | Dec 28, 2023 | 12 | Jan 17, 2024 | 15 | Feb 7, 2024 | 27 |
| -3.44% | May 20, 2024 | 10 | Jun 4, 2024 | 9 | Jun 17, 2024 | 19 |
| -3.40% | Oct 8, 2025 | 2 | Oct 10, 2025 | 4 | Oct 16, 2025 | 6 |
| -3.14% | Aug 13, 2025 | 13 | Sep 2, 2025 | 6 | Sep 10, 2025 | 19 |
| -3.12% | Jun 15, 2023 | 13 | Jul 6, 2023 | 5 | Jul 13, 2023 | 18 |
| -2.64% | Jul 23, 2025 | 7 | Aug 1, 2025 | 4 | Aug 7, 2025 | 11 |
| -2.51% | Jan 28, 2026 | 6 | Feb 5, 2026 | 1 | Feb 6, 2026 | 7 |
| -2.19% | Sep 23, 2025 | 3 | Sep 26, 2025 | 4 | Oct 2, 2025 | 7 |
| -2.01% | Jul 3, 2025 | 6 | Jul 14, 2025 | 5 | Jul 21, 2025 | 11 |
| -1.88% | Feb 22, 2024 | 4 | Feb 28, 2024 | 2 | Mar 1, 2024 | 6 |
| -1.85% | Feb 11, 2026 | 3 | Feb 17, 2026 | 3 | Feb 20, 2026 | 6 |
| -1.77% | Feb 12, 2024 | 1 | Feb 13, 2024 | 2 | Feb 15, 2024 | 3 |
| -1.73% | Mar 7, 2024 | 8 | Mar 19, 2024 | 2 | Mar 21, 2024 | 10 |
| -1.68% | Jan 26, 2023 | 2 | Jan 30, 2023 | 3 | Feb 2, 2023 | 5 |
| -1.56% | Jun 12, 2025 | 1 | Jun 13, 2025 | 6 | Jun 24, 2025 | 7 |