Matthews International Funds (ADVE) Performance
ADVE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.6% since Dec 31, 2025
- 1 year
- +16.2% total return
- 3 years
- +19.4% a year
- Since first price
- +16.7% a year since 2023
ADVE trailing returns vs SPY, QQQ, AGG
| Period | ADVE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.2% | −5.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.6% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.2% | −0.5% | +7.8% | +8.4% | −1.5% |
| YTD | +13.6% | +12.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.2% | +13.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.1%+19.4%/yr | +53.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 22, 2023 | +61.3%+16.7%/yr | +45.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ADVE vs SPY
From Sep 22, 2023: ADVE grew to $16,126, SPY to $18,308.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ADVE returns by calendar year
2 of 2 full years positive. Best 2025 (+26.1%), worst 2024 (+7.0%). 2026 is year to date.
ADVE annual returns table
| Year | ADVE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.6% | −11.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.1% | −13.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.0% | −10.3% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ADVE largest drawdowns
Now 7.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 7, 2024 | −18.4% | Apr 8, 2025 | Jun 11, 2025 | 6 months | 8 months |
| Feb 25, 2026 | −11.7% | Mar 30, 2026 | May 5, 2026 | 33 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ADVE risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +19.9% |
| Volatility (annualized) | 12.1% |
| Sharpe ratio | 1.20 |
| Sortino ratio | 2.21 |
| Best month | +9.1% |
| Worst month | −7.7% |
| Best 12 months | +44.8% |
| Worst 12 months | +6.1% |
| Positive months | 75% |
| Beta vs S&P 500 | 0.63 |
| Correlation with S&P 500 | 0.64 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ADVE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | +6.1% | +20.0% | +44.8% | 100% |
| 3-year (a year) | 2 | +19.1% | +19.5% | +19.9% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
ADVE performance overview
Matthews International Funds (ADVE) returned +16.2% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +16.7% a year, turning $10,000 into about $16,126. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.4%, from Oct 7, 2024 to Apr 8, 2025, and it took 2 months to get back to the old high. Volatility has been 12.1% a year.
Related: ADVE chart, ADVE holdings, ADVE dividends. See the ADVE overview for the latest quote and fund facts.
ADVE performance FAQ
What is the ADVE return over the past year?
ADVE returned +16.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.1%.
How much would $10,000 invested in ADVE be worth?
$10,000 invested in ADVE at its first recorded close on September 22, 2023 would be worth about $16,126 on October 23, 2026 with distributions reinvested.
What was the worst year for ADVE?
The worst calendar year was 2024, with a total return of +7.0%. The best was 2025 at +26.1%.
What is the biggest drawdown of ADVE?
The largest peak-to-trough decline was −18.4% between October 7, 2024 and April 8, 2025. It recovered to the old high on June 11, 2025, 2 months after the bottom.
How volatile is ADVE?
Over the past 3 years ADVE had an annualized volatility of 12.1% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).