EMKT - VanEck Multifactor Emerging Markets ETF | EM equities | Portfolio Analytics
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VanEck MSCI Multifactor Emerging Markets Equity ETF EMKT

Fund description: EMKT invests in a diversified portfolio of emerging markets listed securities with the aim of providing investment returns, before fees and other costs, which track the performance of the Index.

Index description:  The MSCI Emerging Markets Diversified Multiple-Factor Index is based on MSCI Emerging Markets Index, its parent index, which includes large and mid-cap stocks across emerging markets countries. The Index aims to maximise exposure to four factors - Value, Momentum, Low Size and Quality - while maintaining a risk profile similar to that of the parent index.

 

Management style: Replication

Country of domicile: Australia

 as at 05-Jul-22

  • Exchange

    ASX
  • ASX code

    EMKT
  • Bloomberg index code

    NA749434
  • Index provider

    MSCI Inc.
  • NAV1

    $18.90
  • Units outstanding1

    2,401,718
  • Net assets1

    $45.4M
  • Number of holdings1

    231
  • Inception date2

    10-Apr-18
  • ASX commencement

    12-Apr-18
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 05-Jul-22

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.
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Fundamentals as at 31-May-22

  • Weighted avg. market cap
    (AUD)

    $84.4B
  • Price/earnings ratio
    (last 12 months)*

    7.9
  • Price/book ratio
    (last 12 months)*

    1.3
*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 31-May-22

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    80.65
  • Mid ($1.0 - $5.0B)

    18.82
  • Small (<$1.0B)

    0.74
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
as at 31-May-22

  • Beta vs. MSCI
    Emerging Markets

    0.89
  • Correlation vs. MSCI
    Emerging Markets

    0.93
  • Volatility (standard deviation)

    10.99
  • Sharpe ratio

    0.19

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF 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 31-May-22

  • Country

    Weightings (%)
  • China

    39.3
  • India

    16.5
  • Taiwan Region

    14.2
  • South Korea

    10.9
  • Saudi Arabia

    5.6
  • South Africa

    1.8
  • Brazil

    1.6
  • Uae

    1.2
  • United States

    1.1
  • Qatar

    1.0
  • Indonesia

    0.9
  • Spain

    0.7
  • Hungary

    0.6
  • Virgin Islands

    0.6
  • Poland

    0.6
  • Kuwait

    0.6
  • Philippines

    0.5
  • Thailand

    0.5
  • Luxembourg

    0.4
  • United Kingdom

    0.3
  • Chile

    0.3
  • Switzerland

    0.3
  • Malaysia

    0.2
  • Sweden

    0.1
  • Egypt

    0.1
  • Other/Cash

    -0.2
  • Total

    99.7

Portfolio composition (%)
as at 05-Jul-22

  • Asset classes

    % of Fund net assets
  • Stocks

    99.91
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.09
  • Total

    100.00

Sector weightings (%) as at 31-May-22

  • Sector

    Weightings (%)
  • Information Technology

    22.2
  • Financials

    15.0
  • Consumer Discretionary

    13.1
  • Materials

    12.5
  • Industrials

    7.3
  • Health Care

    6.5
  • Energy

    6.1
  • Communication Services

    5.9
  • Utilities

    5.0
  • Consumer Staples

    4.7
  • Real Estate

    1.9
  • Other/Cash

    -0.2
  • Total

    100.0