au en false false Default
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
      $38.38

      as at 25-Feb-26
    • Total Net Assets
      $3.22B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      76
    • 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 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 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 or major, core, minor or satellite allocation within a portfolio, has no minimum investment timeframe, and has a low risk/return profile.

    Performance

    Holdings & allocations

    All holdings (%) as at 25-Feb-26 Download all holdings

    No. of holdings: 76
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Evolution Mining Ltd EVN AU 3,454,329 56,029,216 1.74
    Lynas Rare Earths Ltd LYC AU 3,286,617 55,971,088 1.74
    South32 Ltd S32 AU 12,200,608 55,878,785 1.74
    Reece Ltd REH AU 3,465,738 55,035,919 1.71
    Bhp Group Ltd BHP AU 942,301 53,249,430 1.65
    Woolworths Group Ltd WOW AU 1,421,751 50,656,988 1.57
    National Australia Bank Ltd NAB AU 1,024,660 50,310,806 1.56
    Bluescope Steel Ltd BSL AU 1,767,906 50,155,493 1.56
    Als Ltd ALQ AU 1,970,427 49,851,803 1.55
    Rio Tinto Ltd RIO AU 305,237 49,652,903 1.54
    Commonwealth Bank Of Australia CBA AU 272,852 48,753,195 1.51
    Aurizon Holdings Ltd AZJ AU 11,855,959 48,609,432 1.51
    Pilbara Minerals Ltd PLS AU 9,992,879 48,465,463 1.50
    Woodside Energy Group Ltd WDS AU 1,699,882 48,004,668 1.49
    Qbe Insurance Group Ltd QBE AU 2,189,363 47,925,156 1.49
    Perseus Mining Ltd PRU AU 7,903,972 47,819,031 1.48
    Westpac Banking Corp WBC AU 1,111,496 47,738,753 1.48
    Northern Star Resources Ltd NST AU 1,556,177 47,292,219 1.47
    Mineral Resources Ltd MIN AU 812,901 47,253,935 1.47
    Anz Group Holdings Ltd ANZ AU 1,190,641 47,244,635 1.47
    Qantas Airways Ltd QAN AU 4,349,232 46,319,321 1.44
    Brambles Ltd BXB AU 1,836,766 46,102,827 1.43
    Bank Of Queensland Ltd BOQ AU 6,588,712 45,923,323 1.43
    Santos Ltd STO AU 6,672,511 45,506,525 1.41
    Agl Energy Ltd AGL AU 4,532,407 45,233,422 1.40
    Endeavour Group Ltd/Australia EDV AU 11,562,009 45,091,835 1.40
    Ramsay Health Care Ltd RHC AU 1,180,593 45,063,235 1.40
    Qube Holdings Ltd QUB AU 8,948,847 44,923,212 1.39
    Macquarie Group Ltd MQG AU 216,754 44,894,088 1.39
    Whitehaven Coal Ltd WHC AU 5,671,634 44,692,476 1.39
    Seven Group Holdings Ltd SGH AU 935,163 44,691,440 1.39
    Sigma Healthcare Ltd SIG AU 14,778,202 44,186,824 1.37
    Origin Energy Ltd ORG AU 3,652,750 44,125,220 1.37
    Bendigo & Adelaide Bank Ltd BEN AU 4,066,869 43,962,854 1.37
    Washington H Soul Pattinson & Co Ltd SOL AU 1,178,935 43,714,910 1.36
    Telstra Group Ltd TLS AU 8,565,325 43,597,504 1.35
    Dyno Nobel Ltd DNL AU 13,034,190 43,534,195 1.35
    Lottery Corp Ltd/The TLC AU 8,024,874 43,334,320 1.35
    Orica Ltd ORI AU 1,785,961 43,202,397 1.34
    Nextdc Ltd NXT AU 3,083,769 43,172,766 1.34
    Worley Ltd WOR AU 3,278,914 42,757,039 1.33
    Atlas Arteria Ltd ALX AU 8,725,591 42,231,860 1.31
    Sonic Healthcare Ltd SHL AU 1,824,787 42,225,571 1.31
    Mirvac Group MGR AU 20,880,643 41,970,092 1.30
    Coles Group Ltd COL AU 1,918,194 41,854,993 1.30
    Vicinity Centres VCX AU 17,061,014 41,799,484 1.30
    Apa Group APA AU 4,612,098 41,785,608 1.30
    Wesfarmers Ltd WES AU 517,510 41,395,625 1.29
    Goodman Group GMG AU 1,432,915 40,723,444 1.26
    Transurban Group TCL AU 2,860,947 40,654,057 1.26
    Medibank Pvt Ltd MPL AU 9,006,458 39,898,609 1.24
    Dexus DXS AU 5,978,646 39,578,637 1.23
    Scentre Group SCG AU 10,492,523 39,451,886 1.23
    Fortescue Metals Group Ltd FMG AU 1,852,167 39,154,810 1.22
    Jb Hi-Fi Ltd JBH AU 462,378 38,867,495 1.21
    Gpt Group/The GPT AU 7,815,660 38,843,830 1.21
    Cleanaway Waste Management Ltd CWY AU 16,080,495 38,593,188 1.20
    Asx Ltd ASX AU 731,824 38,223,168 1.19
    Computershare Ltd CPU AU 1,220,061 37,065,453 1.15
    Charter Hall Group CHC AU 1,701,260 36,526,052 1.13
    Ampol Ltd ALD AU 1,314,853 36,487,171 1.13
    Suncorp Group Ltd SUN AU 2,465,928 36,471,075 1.13
    Stockland SGP AU 7,211,356 36,273,121 1.13
    Steadfast Group Ltd SDF AU 8,427,730 36,154,962 1.12
    Insurance Australia Group Ltd IAG AU 5,353,328 35,331,965 1.10
    Treasury Wine Estates Ltd TWE AU 7,562,179 35,088,511 1.09
    Technology One Ltd TNE AU 1,496,794 35,069,883 1.09
    Rea Group Ltd REA AU 220,154 34,273,575 1.06
    Aristocrat Leisure Ltd ALL AU 725,499 33,960,608 1.05
    Csl Ltd CSL AU 231,075 33,531,293 1.04
    Carsales.Com Ltd CAR AU 1,317,329 32,393,120 1.01
    Cochlear Ltd COH AU 160,020 31,523,940 0.98
    Seek Ltd SEK AU 1,792,062 28,798,436 0.89
    Wisetech Global Ltd WTC AU 578,260 27,606,132 0.86
    Telix Pharmaceuticals Ltd TLX AU 2,997,864 27,580,349 0.86
    Pro Medicus Ltd PME AU 176,724 20,540,631 0.64
    Other/Cash --   -1,301,916 -0.04
    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 Update”.

    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.  

    MVWAU /blog/australian-equity/
    Exchange Traded Funds (ETFs)
    Information about
    Education
    Connect with us