MEMX vs. TDI ETF Comparison
Comparison of Matthews Emerging Markets ex China Active ETF (MEMX) to Touchstone Dynamic International ETF (TDI)
MEMX
Matthews Emerging Markets ex China Active ETF
MEMX Description
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.
Grade (RS Rating)
Last Trade
$30.08
Average Daily Volume
5,949
18
TDI
Touchstone Dynamic International ETF
TDI Description
TDI provides broad exposure to the global equity markets outside the US. The fund may include common and preferred stocks, depositary receipts, REITs, as well as other exchange-traded funds. To construct the portfolio, the funds sub-adviser employs the Dynamic Alpha Stock Selection Model, a proprietary quantitative model that seeks to construct a risk-controlled, forward-looking portfolio that adapts to changing market conditions. The model estimates returns based on each securitys risk characteristics through a three-step process that utilizes fundamental data and statistical tools. An optimization process is then used to identify the portfolio of around 100-140 securities with the highest expected return for an acceptable level of risk. The fund rebalances periodically. On December 11, 2023, TDI converted from a mutual fund to an actively managed ETF with $62 million in assets.Grade (RS Rating)
Last Trade
$29.55
Average Daily Volume
2,062
9
Performance
Period | MEMX | TDI |
---|---|---|
30 Days | -1.67% | -3.27% |
60 Days | -2.06% | -1.96% |
90 Days | 3.71% | 5.72% |
12 Months | 21.15% |
1 Overlapping Holdings
Symbol | Grade | Weight in MEMX | Weight in TDI | Overlap | |
---|---|---|---|---|---|
BAP | B | 2.15% | 1.39% | 1.39% |
MEMX: Top Represented Industries & Keywords
TDI: Top Represented Industries & Keywords