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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
      $39.04

      as at 12-Jun-26
    • Total Net Assets
      $3.30B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      75
    • 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 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 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 15-Jun-26 Download all holdings

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Nextdc Ltd NXT AU 3,860,719 57,177,248 1.73
    Pilbara Minerals Ltd PLS AU 8,642,291 56,002,046 1.69
    Bluescope Steel Ltd BSL AU 1,616,307 54,889,786 1.66
    Dyno Nobel Ltd DNL AU 14,162,959 54,385,763 1.64
    Worley Ltd WOR AU 4,159,850 54,327,641 1.64
    Bhp Group Ltd BHP AU 814,999 53,121,635 1.60
    Macquarie Group Ltd MQG AU 210,549 52,058,240 1.57
    Computershare Ltd CPU AU 1,445,298 52,030,728 1.57
    Suncorp Group Ltd SUN AU 2,821,269 51,854,924 1.57
    Steadfast Group Ltd SDF AU 10,106,737 51,746,493 1.56
    Rio Tinto Ltd RIO AU 272,678 51,620,672 1.56
    Pro Medicus Ltd PME AU 309,575 50,940,566 1.54
    Apa Group APA AU 4,643,337 50,240,906 1.52
    Goodman Group GMG AU 1,564,360 50,153,382 1.51
    Mineral Resources Ltd MIN AU 701,929 50,138,788 1.51
    Charter Hall Group CHC AU 2,118,423 49,698,204 1.50
    Medibank Pvt Ltd MPL AU 10,228,805 49,507,416 1.49
    Aristocrat Leisure Ltd ALL AU 928,262 49,281,430 1.49
    Orica Ltd ORI AU 2,095,364 48,968,657 1.48
    Technology One Ltd TNE AU 1,560,328 48,963,093 1.48
    Coles Group Ltd COL AU 2,080,942 48,922,946 1.48
    Ampol Ltd ALD AU 1,439,400 48,651,720 1.47
    Insurance Australia Group Ltd IAG AU 6,155,120 48,194,590 1.46
    Wesfarmers Ltd WES AU 558,598 48,167,906 1.45
    Vicinity Centres VCX AU 18,573,353 48,104,984 1.45
    Washington H Soul Pattinson & Co Ltd SOL AU 1,102,220 48,056,792 1.45
    Qantas Airways Ltd QAN AU 4,801,274 47,724,664 1.44
    Qbe Insurance Group Ltd QBE AU 2,033,971 47,696,620 1.44
    Atlas Arteria Ltd ALX AU 9,266,354 47,351,069 1.43
    Gpt Group/The GPT AU 9,067,931 46,971,883 1.42
    Scentre Group SCG AU 11,962,499 46,534,121 1.40
    Aurizon Holdings Ltd AZJ AU 10,613,346 45,425,121 1.37
    Transurban Group TCL AU 2,953,087 45,329,885 1.37
    Woolworths Group Ltd WOW AU 1,182,221 45,196,309 1.36
    Bendigo & Adelaide Bank Ltd BEN AU 4,226,269 44,544,875 1.34
    Lottery Corp Ltd/The TLC AU 7,871,238 44,393,782 1.34
    Fortescue Metals Group Ltd FMG AU 2,119,478 44,127,532 1.33
    Reece Ltd REH AU 2,804,455 44,057,988 1.33
    Carsales.Com Ltd CAR AU 1,648,394 43,698,925 1.32
    Sigma Healthcare Ltd SIG AU 15,568,837 43,592,744 1.32
    Als Ltd ALQ AU 1,854,084 43,570,974 1.32
    South32 Ltd S32 AU 9,712,667 43,415,621 1.31
    Asx Ltd ASX AU 855,330 43,159,952 1.30
    Qube Holdings Ltd QUB AU 8,537,749 43,030,255 1.30
    Seven Group Holdings Ltd SGH AU 1,009,470 42,993,327 1.30
    Santos Ltd STO AU 5,738,106 42,404,603 1.28
    Jb Hi-Fi Ltd JBH AU 538,019 42,245,252 1.28
    Telstra Group Ltd TLS AU 8,254,823 42,099,597 1.27
    Cleanaway Waste Management Ltd CWY AU 17,498,858 41,997,259 1.27
    Whitehaven Coal Ltd WHC AU 4,861,906 41,083,106 1.24
    Woodside Energy Group Ltd WDS AU 1,392,082 41,010,736 1.24
    Perseus Mining Ltd PRU AU 7,699,498 40,884,334 1.23
    Agl Energy Ltd AGL AU 4,694,815 40,750,994 1.23
    Dexus DXS AU 6,775,562 40,450,105 1.22
    Mirvac Group MGR AU 22,346,824 40,112,549 1.21
    Commonwealth Bank Of Australia CBA AU 245,247 39,678,512 1.20
    Sonic Healthcare Ltd SHL AU 1,968,724 39,256,357 1.19
    Ramsay Health Care Ltd RHC AU 1,003,249 39,166,841 1.18
    Origin Energy Ltd ORG AU 3,641,205 39,070,130 1.18
    Bank Of Queensland Ltd BOQ AU 6,218,392 39,051,502 1.18
    Stockland SGP AU 8,934,019 39,041,663 1.18
    Evolution Mining Ltd EVN AU 2,992,734 38,696,051 1.17
    Anz Group Holdings Ltd ANZ AU 1,114,987 38,478,201 1.16
    Seek Ltd SEK AU 2,730,320 37,651,113 1.14
    Lynas Rare Earths Ltd LYC AU 2,056,689 36,773,599 1.11
    Westpac Banking Corp WBC AU 1,032,105 36,453,949 1.10
    Rea Group Ltd REA AU 249,851 35,916,081 1.08
    Brambles Ltd BXB AU 1,872,943 35,417,352 1.07
    Endeavour Group Ltd/Australia EDV AU 10,830,493 34,982,492 1.06
    National Australia Bank Ltd NAB AU 894,723 33,516,324 1.01
    Wisetech Global Ltd WTC AU 860,016 33,033,215 1.00
    Northern Star Resources Ltd NST AU 1,583,077 32,912,171 0.99
    Csl Ltd CSL AU 297,008 31,343,254 0.95
    Ramelius Resources Ltd RMS AU 9,802,600 31,270,294 0.94
    Cochlear Ltd COH AU 230,891 24,116,565 0.73
    Other/Cash --   3,521,212 0.11
    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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