- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 4747 Executive Drive, Suite 800 San Diego CA United States of America 92121
- IPO Date
- Jan 31, 2023
- Business
- Strive Emerging Markets Ex-China ETF (STXE) is a passively managed exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Bloomberg Emerging Markets ex China Large & Mid Cap Index, providing exposure to large- and mid-capitalization equity securities across 24 emerging market economies excluding China. The fund offers cost-efficient access to emerging markets without China-related risk, with top holdings including Taiwan Semiconductor Manufacturing Co. Ltd. (13.81%), Samsung Electronics Co. Ltd. (5.00%), HDFC Bank Ltd. (3.37%), ICICI Bank Ltd. (2.27%), and Reliance Industries Ltd. (2.16%), alongside others such as Al Rajhi Bank, SK Hynix Inc., MediaTek Inc., Hon Hai Precision Industry Co. Ltd., and Infosys Ltd.; it features an expense ratio of 0.32%, quarterly dividend distributions, and net assets of approximately $100.51 million as of July 2025. STXE trades on the NYSE under ticker STXE (CUSIP: 02072L698) and emphasizes corporate governance practices, including proxy voting and engagement with portfolio company management to promote excellence and shareholder value.
Issued by Strive Asset Management LLC, a Dallas, Texas-based firm founded in 2022 that manages a suite of passively managed ETFs focused on U.S. equities, international developed markets, emerging markets ex-China, energy, natural resources, and fixed income products such as the Strive 500 ETF (STRV), Strive 1000 Growth ETF (STXG), Strive 1000 Value ETF (STXV), Strive International Developed Markets ETF (STXI), Strive U.S. Energy ETF (DRLL), and Strive Total Return Bond ETF (STXT). The ETF, launched on January 31, 2023, targets institutional and retail investors seeking diversified emerging market equity exposure across regions including Taiwan, South Korea, India, Saudi Arabia, and others, while explicitly avoiding Chinese securities.
In recent developments, STXE and other Strive ETFs became dual-listed on NYSE Texas in July 2025, expanding trading accessibility on the new exchange operated by Intercontinental Exchange. Strive Asset Management underwent significant strategic changes in 2025, including the completion of a reverse merger with Asset Entities Inc. in September, rebranding as Strive, Inc. (Nasdaq: ASST) to become the first publicly traded asset management Bitcoin treasury company, raising approximately $750 million in PIPE financing (with potential for another $750 million via warrants) to fund Bitcoin acquisitions, and announcing an all-stock acquisition of Semler Scientific, Inc. for $1.42 billion to enhance shareholder value synergies. These moves reflect Strive's broader shift toward Bitcoin treasury strategies and aggressive growth while maintaining its ETF operations from headquarters at 200 Crescent Court, Suite 1400, Dallas, TX.