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- Upturn Summary
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Upturn AI Summary
Matthews Emerging Markets Ex China Active ETF(MEMX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MEMX
10/28/2026: MEMX (2-star) is currently NOT-A-BUY. Pass it for now.
MEMX is an actively managed ETF that provides equity exposure to emerging markets while intentionally excluding China. It aims for long-term capital appreciation by leveraging the research expertise of Matthews Asia to identify promising companies in developing nations. Its primary strength lies in its ability to offer targeted, non-China exposure, making it an excellent tool for investors managing geopolitical risk. While it carries higher costs than passive alternatives, it offers the potential for active outperformance. Investors should be prepared for significant volatility and ensure they understand that concentration in other regions like India may occur as a result of the fund's exclusion policy.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The fund targets emerging companies with high growth potential outside of China. |
| Momentum investor | Mixed fit | Momentum potential exists, but performance is subject to active management decisions. |
| Value investor | Mixed fit | Fundamental stock selection may uncover value, though growth is the primary objective. |
| Dividend/Income investor | Weak fit | The primary focus is capital appreciation rather than consistent income generation. |
| Low-risk investor | Weak fit | Emerging market equities carry inherent high volatility that is unsuitable for low-risk profiles. |
Investor Profile
Ideal Investor Profile
Long-term investors seeking emerging market growth with a specific desire to exclude China from their portfolio allocation.
Suitability
Best for long-term growth-oriented investors rather than active day traders.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Emerging markets are inherently more volatile than developed markets. |
| Market risk | High | The fund is sensitive to global economic cycles and geopolitical events in developing nations. |
| Concentration | Medium | Excluding China alters regional concentration, potentially over-weighting other large emerging markets like India. |
| Tracking/expense | Medium | Active management fees and tracking deviation from broad indices affect net returns. |
| Liquidity | Medium | Some underlying emerging market securities may have lower daily trading volumes. |
| Business/sector quality | Medium | Corporate governance standards can vary significantly across different emerging jurisdictions. |
Risk Analysis
Volatility
High, typical of non-US equity markets.
Market Risk
Significant exposure to currency fluctuations, political instability, and economic policy changes in developing economies.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Emerging Markets (Ex-China) | 95 | This provides diversified equity exposure to high-growth emerging economies while removing specific risks associated with the Chinese market. |
| Cash/collateral | Cash and Cash Equivalents | 5 | This represents residual liquidity held to manage fund flows and daily operational needs. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 46.5% | Avg. Invested days 70 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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