MEMS vs FITZ

Comparison between MATTHEWS EMERGING MARKETS DISCOVERY ACTIVE ETF (MEMS, ETF) and Fitz-Gerald Must Have Portfolio (FITZ, ETF).

MEMS vs FITZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MEMS(ETF)	FITZ(ETF)
Net Assets	$23M	$23M
Expense Ratio	0.89%	0.75%
Max Drawdown	23.29%	6.62%
Sharpe Ratio	1.01	-6.14
5Y Beta	0.82	1.00

Net Assets

MEMS

$23M

FITZ

$23M

Expense Ratio

MEMS

0.89%

Winner

FITZ

0.75%

Max Drawdown

MEMS

23.29%

Winner

FITZ

6.62%

Sharpe Ratio

Winner

MEMS

1.01

FITZ

-6.14

5Y Beta

Winner

MEMS

0.82

FITZ

1.00

MEMS vs FITZ - Historical Returns

Returns include dividend reinvestment.

Period	MEMS	FITZ
1 month	+1.80%	N/A
3 months	+19.08%	N/A
6 months	+27.11%	N/A
1 year	+25.23%	N/A
Max(CAGR)	+11.59%	-68.41%

MEMS

+1.80%

FITZ

N/A

MEMS

+19.08%

FITZ

N/A

MEMS

+27.11%

FITZ

N/A

MEMS

+25.23%

FITZ

N/A

Max(CAGR)

Winner

MEMS

+11.59%

FITZ

-68.41%

MEMS vs FITZ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	MEMS	FITZ
2026	+23.51%	-4.62%
2025	+11.55%	N/A
2024	-5.64%	N/A

MEMS vs FITZ Drawdown Comparison

The maximum drawdown for MEMS was -22.21%, occurring on Apr 8, 2025. Recovery took 229 trading sessions.

The maximum drawdown for FITZ was -6.62%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The current MEMS drawdown is -1.45%. The current FITZ drawdown is -4.92%.

Rank	MEMS	FITZ
#1	-22.21% Oct 7, 2024 - Sep 8, 2025	-6.62% May 29, 2026 - Jun 10, 2026
#2	-13.05% Feb 25, 2026 - Apr 15, 2026	N/A
#3	-10.19% Mar 1, 2024 - Sep 26, 2024	N/A
#4	-8.43% Sep 17, 2025 - Jan 26, 2026	N/A
#5	-7.70% May 8, 2026 - May 19, 2026	N/A
#6	-3.14% Jan 28, 2026 - Feb 9, 2026	N/A
#7	-2.82% Jan 12, 2024 - Feb 15, 2024	N/A
#8	-2.43% Apr 22, 2026 - Apr 24, 2026	N/A
#9	-2.29% Oct 2, 2024 - Oct 7, 2024	N/A
#10	-2.26% Apr 24, 2026 - May 1, 2026	N/A
#11	-1.75% Apr 20, 2026 - Apr 22, 2026	N/A
#12	-1.61% Feb 11, 2026 - Feb 19, 2026	N/A
#13	-1.61% Feb 20, 2026 - Feb 25, 2026	N/A
#14	-1.45% Feb 27, 2024 - Mar 1, 2024	N/A
#15	-1.13% Sep 27, 2024 - Oct 2, 2024	N/A

Correlation

Correlation between MEMS and FITZ is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101