Morningstar

Matthews Asia Dividend Active ETF ADVE

Morningstar Medalist Rating
Medalist Rating as of | See Matthews Asia Investment Hub

Morningstar’s Analysis ADVE

Will ADVE outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADVE’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ADVE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ADVE’s parent organization’s priorities and whether they’re in line with investors’ interests.

The strategy remains an average offering.

Associate Analyst Yutong Cheng

Yutong Cheng

Associate Analyst

Summary

Matthews has suffered another year of elevated team turnover, and while there were several experienced hires, team stability remains a watchpoint. Since taking over Matthews Asia Dividend in March 2025, managers Sojung Park and Sean Taylor have aligned the portfolio more consistently with its income-focused mandate, but their dividend approach remains early in execution. We maintain the People and Process ratings at Average.

by Yutong Cheng
Rated on Published on

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Portfolio Holdings ADVE

More ADVE Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd ADR

13.43 1M
Technology

Jp Morgan Us Govt Capital 3164

10.04 886,391
Cash and Equivalents

Samsung Electronics Co Ltd

5.87 517,883
Technology

Mitsubishi UFJ Financial Group Inc

3.90 344,718
Financial Services

Hana Financial Group Inc

3.55 313,733
Financial Services

Sumitomo Corp

2.49 220,059
Industrials

Marubeni Corp

2.12 187,395
Industrials

Singapore Telecommunications Ltd

1.99 175,669
Communication Services

ORIX Corp

1.95 171,858
Financial Services

Telstra Group Ltd

1.86 164,311
Communication Services

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