MEM ETF — Matthews Emerging Markets Equity Active ETF

Matthews Emerging Markets Equity Active ETF (MEM)

Updated November 6, 2026.

MEM is an ETF. Its distribution rate is 3.46%, its trailing-12-month yield is 3.46%, its expense ratio is 0.79%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 62.3% over the past 4.3 years, 42.3 points behind SPY at 104.6%.

Matthews Emerging Markets Equity Active ETF (MEM) is an ETF that invests at least 80% of its assets in common and preferred stocks of companies in emerging market countries, selecting businesses based on fundamental characteristics such as balance sheet strength, cash flow stability, management quality, and corporate governance. The fund carries a modest distribution rate paid annually and has a low expense ratio of 0.79%. It appeals to equity investors seeking emerging market exposure with a focus on sustainable, fundamentally sound companies.

MEM performance versus SPY

As of Nov 5, 2026

Total return is 62.3% over the past 4.3 years, 42.3 points behind SPY at 104.6%. Over the past year its total return — price change plus distributions reinvested — is 0.7%. Its deepest 1-year drawdown was 23.6%.

MEM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Matthews Asia Funds

Asset type

ETF

Asset class

Equity

Inception date

07/13/2022

Expense ratio

0.79%

Distribution rate

3.46%

Distribution frequency

Annual

Trailing yield

3.46%

Last close

$36.89 (as of 2026-11-06)

AUM

$52,039,282

Average volume

2,657

Dividend

$1.275

Ex-dividend date

12/17/2025

Payment date

12/22/2025

Beta

1.19

How Dividend Vision calculates yield and returns

Distribution rate (3.46%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.46%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Matthews Asia Funds; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MEM risks and drawbacks

MEM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 23.6%.

Who may consider MEM — and who may not

MEM may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (MEM pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MEM

• All tickers starting with M

Frequently asked questions

More securities from Matthews Asia Funds.