DVDY - VanEck Vectors Morningstar Australian Moat Income ETF

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VanEck Vectors Morningstar Australian Moat Income ETF DVDY

Fund description: DVDY gives investors exposure to a diversified portfolio of dividend paying quality ASX-listed companies selected by Morningstar. DVDY aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The Morningstar® Australia Dividend Yield Focus Index is intended to capture the performance of the 25 highest dividend paying ASX-listed securities (excluding A-REITs) that meet Morningstar's required criteria which combines its Economic Moat and Distance to Default measures.

Management style: Replication

Country of domicile: Australia

 as at 30-Oct-20

  • Exchange

    ASX
  • ASX code

    DVDY
  • Bloomberg index code

    MSDIADFA
  • Index provider

    Morningstar
  • NAV1

    $19.31
  • Units outstanding1

    900,000
  • Net assets1

    $17.4M
  • Number of holdings1

    25
  • Inception date2

    07-Sep-20
  • ASX commencement

    10-Sep-20

1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 30-Oct-20

Fundamentals as at 30-Sep-20

  • Weighted avg. market cap
    (AUD)

    $19.1B
  • Price/earnings ratio
    (last 12 months)*

    25.0
  • Price/book ratio
    (last 12 months)*

    3.0
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 30-Sep-20

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    78.35
  • Mid ($1.0 - $5.0B)

    20.06
  • Small (<$1.0B)

    1.56
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures

  • Beta vs. MSCI World ex
    Australia

    --
  • Correlation vs. MSCI World
    ex Australia

    --
  • Volatility (standard deviation)

    --
  • Sharpe ratio

    --

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 30-Sep-20

  • Country

    Weightings (%)
  • Australia

    100.0
  • Other/Cash

    0.0
  • Total

    100.0

Portfolio composition (%)
as at 30-Oct-20

  • Asset classes

    % of Fund net assets
  • Stocks

    99.98
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.02
  • Total

    100.00

Sector weightings (%) as at 30-Sep-20

  • Sector

    Weightings (%)
  • Transportation Infrastructure

    18.1
  • Capital Markets

    17.9
  • Hotels, Restaurants & Leisure

    12.0
  • Multiline Retail

    11.0
  • Insurance

    9.0
  • Food & Staples Retailing

    8.9
  • Interactive Media & Services

    4.9
  • Road & Rail

    4.9
  • Diversified Telecommunication Services

    4.5
  • Software

    2.3
  • Professional Services

    1.9
  • Building Products

    1.6
  • Diversified Consumer Services

    1.5
  • Equity Real Estate Investment

    1.4
  • Other/Cash

    0.0
  • Total

    99.9