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MVWAU VanEck Australian Equal Weight ETF Please read important disclosure Close important disclosure false

    • MVW
    VanEck Australian Equal Weight ETF

    MVW
    VanEck Australian Equal Weight ETF

    • NAV
      $39.55

      as at 17-Aug-26
    • Total Net Assets
      $3.40B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      74
    • Inception Date
      04-Mar-14
    NEW MVW SQUARE

    Overview

    Fund Description

    Our Australian equal weight ETF, MVW gives investors exposure to a diversified portfolio of Australian equities. The holdings in MVW are equally weighted. 

    MVW aims to provide investment returns, before fees and other costs, which track the performance of the Index.

    Key benefits

    Core Australian equity strategy

    An award winning Australian equity strategy backed by significant research investing in the largest and most liquid Australian listed companies.

    Diversification across companies and sectors

    A portfolio which offers true diversification by equally weighting across companies and reducing sector concentration.

    Outperformance potential

    Equally weighting has been proven to produce long-term outperformance compared to a market capitalisation approach.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has no investment timeframe, and has a high or very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has no minimum investment timeframe, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a standalone solution, major, core, minor or satellite allocation within a portfolio, has no investment timeframe and has a low risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.

    Performance

    Holdings & allocations

    All holdings (%) as at 18-Aug-26 Download all holdings

    No. of holdings: 74
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Csl Ltd CSL AU 424,787 67,039,884 1.98
    Cochlear Ltd COH AU 416,771 58,848,065 1.74
    Ramelius Resources Ltd RMS AU 15,507,732 55,827,835 1.65
    Evolution Mining Ltd EVN AU 4,075,657 55,632,718 1.64
    Pro Medicus Ltd PME AU 270,651 53,250,584 1.57
    Northern Star Resources Ltd NST AU 2,358,781 53,001,809 1.56
    Aristocrat Leisure Ltd ALL AU 827,940 52,499,675 1.55
    Asx Ltd ASX AU 907,299 52,378,371 1.55
    Rea Group Ltd REA AU 292,657 52,274,393 1.54
    Perseus Mining Ltd PRU AU 9,364,412 52,159,775 1.54
    Ramsay Health Care Ltd RHC AU 1,137,960 50,809,914 1.50
    Wisetech Global Ltd WTC AU 1,149,325 49,823,239 1.47
    Sonic Healthcare Ltd SHL AU 2,156,401 49,640,351 1.47
    Reece Ltd REH AU 2,828,707 48,795,196 1.44
    Origin Energy Ltd ORG AU 3,975,619 48,144,746 1.42
    Endeavour Group Ltd/Australia EDV AU 13,971,823 47,923,353 1.41
    Computershare Ltd CPU AU 1,207,061 47,908,251 1.41
    Ampol Ltd ALD AU 1,192,902 47,883,086 1.41
    Anz Group Holdings Ltd ANZ AU 1,265,388 47,679,820 1.41
    Seek Ltd SEK AU 3,241,794 47,621,954 1.41
    Carsales.Com Ltd CAR AU 1,623,907 47,255,694 1.39
    National Australia Bank Ltd NAB AU 1,203,738 47,186,530 1.39
    Brambles Ltd BXB AU 2,429,545 47,108,878 1.39
    South32 Ltd S32 AU 9,761,564 47,050,738 1.39
    Macquarie Group Ltd MQG AU 184,157 47,037,381 1.39
    Woodside Energy Group Ltd WDS AU 1,408,885 46,718,627 1.38
    Bhp Group Ltd BHP AU 726,442 46,383,322 1.37
    Greatland Resources Ltd GGP AU 3,718,691 46,000,208 1.36
    Sigma Healthcare Ltd SIG AU 15,844,857 45,950,085 1.36
    Steadfast Group Ltd SDF AU 8,128,588 45,926,522 1.36
    Woolworths Group Ltd WOW AU 1,162,153 45,881,800 1.35
    Agl Energy Ltd AGL AU 5,091,013 45,666,387 1.35
    Washington H Soul Pattinson & Co Ltd SOL AU 1,003,714 45,488,318 1.34
    Qantas Airways Ltd QAN AU 4,692,254 45,467,941 1.34
    Medibank Pvt Ltd MPL AU 9,035,497 45,358,195 1.34
    Charter Hall Group CHC AU 2,036,880 45,340,949 1.34
    Technology One Ltd TNE AU 1,374,350 45,298,576 1.34
    Bank Of Queensland Ltd BOQ AU 7,030,837 44,997,357 1.33
    Insurance Australia Group Ltd IAG AU 5,556,773 44,898,726 1.33
    Santos Ltd STO AU 5,528,673 44,837,538 1.32
    Bendigo & Adelaide Bank Ltd BEN AU 4,245,806 44,835,711 1.32
    Stockland SGP AU 11,015,568 44,613,050 1.32
    Mirvac Group MGR AU 25,574,155 44,499,030 1.31
    Commonwealth Bank Of Australia CBA AU 272,914 44,384,004 1.31
    Dexus DXS AU 7,699,261 44,347,743 1.31
    Wesfarmers Ltd WES AU 524,425 44,167,074 1.30
    Vicinity Centres VCX AU 17,082,736 44,073,459 1.30
    Mineral Resources Ltd MIN AU 681,393 44,031,616 1.30
    Suncorp Group Ltd SUN AU 2,393,640 43,923,294 1.30
    Seven Group Holdings Ltd SGH AU 1,041,233 43,179,933 1.27
    Dyno Nobel Ltd DNL AU 11,418,226 43,046,712 1.27
    Westpac Banking Corp WBC AU 1,235,013 42,805,551 1.26
    Lynas Rare Earths Ltd LYC AU 2,592,282 42,772,653 1.26
    Coles Group Ltd COL AU 1,842,891 42,662,927 1.26
    Als Ltd ALQ AU 1,923,122 42,558,690 1.26
    Nextdc Ltd NXT AU 2,888,494 42,547,517 1.26
    Lottery Corp Ltd/The TLC AU 8,009,488 42,530,381 1.26
    Scentre Group SCG AU 11,569,261 42,459,188 1.25
    Gpt Group/The GPT AU 8,834,708 42,406,598 1.25
    Orica Ltd ORI AU 1,898,082 42,365,190 1.25
    Qbe Insurance Group Ltd QBE AU 1,867,285 42,312,678 1.25
    Goodman Group GMG AU 1,379,988 42,048,234 1.24
    Bluescope Steel Ltd BSL AU 1,333,693 42,011,330 1.24
    Atlas Arteria Ltd ALX AU 8,608,623 42,010,080 1.24
    Apa Group APA AU 4,145,195 41,493,402 1.22
    Jb Hi-Fi Ltd JBH AU 575,267 41,476,751 1.22
    Rio Tinto Ltd RIO AU 243,713 40,797,556 1.20
    Telstra Group Ltd TLS AU 8,442,433 40,017,132 1.18
    Fortescue Metals Group Ltd FMG AU 2,224,405 39,327,480 1.16
    Transurban Group TCL AU 2,814,144 39,144,743 1.16
    Whitehaven Coal Ltd WHC AU 4,980,843 38,651,342 1.14
    Pilbara Minerals Ltd PLS AU 7,592,327 37,430,172 1.10
    Worley Ltd WOR AU 3,429,945 37,386,401 1.10
    Aurizon Holdings Ltd AZJ AU 9,984,430 36,243,481 1.07
    Other/Cash --   630,049 0.02
    Total 100.00
    These are not recommendations to buy or to sell any security.

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Plans”.

    Documents & insights

    Frequently asked questions

    An Australian equal weight ETF is an exchange traded fund that gives the same importance or “weight” to each company within the portfolio. Equal weighting each company means an investment in the portfolio is spread equally across each company. For example, if there are ten companies in an equally weighted portfolio, each would have a 10% weighting. If $1000 was invested in this portfolio, $100 would be allocated to each company.

    The VanEck Australian Equal Weight ETF (ASX: MVW) is an Australian equal weight equities ETF. Learn more about equal weighting Australian companies.

    MVW invests in the largest and most liquid ASX-listed companies with each company given the same weight within the portfolio. When investing in this equal weight ETF, your money is spread equally across each stock in the portfolio.  

    MVW is the only broad-based Australian equities ETF that takes an equal weighted approach. MVW is around 2.5 times more diversified than ETFs that track the S&P/ASX 200, as measured by the Herfindahl Index. An equal weighted ETF like MVW also typically provides more exposure to mid-sized companies compared to ETFs that track the S&P/ASX 200 which allocates more to the largest companies. Mid-sized and smaller companies tend to offer increased growth potential compared to larger companies. Compare MVW to the S&P/ASX 200.

    MVW may be used in portfolios as a:

    • Core allocation – up to 50% of a portfolio;
    • Minor allocation – up to 25% of a portfolio; or a
    • Satellite allocation – up to 10% of a portfolio.

    MVW is often used to gain broad-based exposure to listed Australian companies. This Australian equities ETF provides a more balanced exposure to the Australian economy compared to ETFs that track the S&P/ASX 200, which is dominated by banks and miners.

    Read more about MVW’s suitability in portfolios in the Target Market Determination.

    An equal weight ETF, MVW has outperformed the S&P/ASX 200 since the equal weight ETF’s inception. View MVW’s up-to-date performance compared to the S&P/ASX 200 over various time periods.

    MVW and ETFs that track S&P/ASX 200 are examples of Australian equities ETFs.

    MVW is listed on the ASX under the ASX code MVW. You can invest in this Australian equities ETF the same way you buy shares, through your financial adviser or broker, or via an online trading platform. View a list of advisers, brokers and investment apps.

    Past performance is not indicative of future performance.  

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