MVB - VanEck Banks ETF | Australian Equities | Portfolio Analytics
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VanEck Australian Banks ETF MVB

Fund description: MVB gives investors exposure to a diversified portfolio of ASX-listed securities with the aim to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MVIS Australia Banks Index is a pure-play rules-based Australian sector index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian banking sector.

Management style: Replication

Country of domicile: Australia

 as at 20-Sep-21

  • Exchange

    ASX
  • ASX code

    MVB
  • Bloomberg index code

    MVMVBTRG
  • Index provider

    MV Index Solutions
  • NAV

    $30.16
  • Units outstanding

    6,412,050
  • Net assets

    $193.4M
  • Number of holdings

    7
  • Inception date1

    14-Oct-13
  • ASX commencement

    16-Oct-13
1The date the ETF was seeded prior to quotation on ASX.

as at 20-Sep-21

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Fundamentals as at 31-Aug-21

  • Weighted avg. market cap
    (AUD)

    $97.3B
  • Price/earnings ratio
    (last 12 months)*

    18.5
  • Price/book ratio
    (last 12 months)*

    1.6
*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-Aug-21

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    96.25
  • Mid ($1.0 - $5.0B)

    3.74
  • Small (<$1.0B)

    0.00
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-Aug-21

  • Beta vs. MSCI World ex
    Australia

    1.09
  • Correlation vs. MSCI World
    ex Australia

    0.99
  • Volatility (standard deviation)

    24.70
  • Sharpe ratio

    0.23

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 31-Aug-21

  • Country

    Weightings (%)
  • Australia

    100.0
  • Other/Cash

    0.0
  • Total

    100.0

Portfolio composition (%)
as at 20-Sep-21

  • Asset classes

    % of Fund net assets
  • Stocks

    99.98
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.02
  • Total

    100.00

Industry weightings (%) as at 31-Aug-21

  • Industry

    Weightings (%)
  • Commercial Banks

    82.3
  • Capital Markets

    17.7
  • Other/Cash

    0.0
  • Total

    100.0