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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
      $37.97

      as at 27-May-26
    • Total Net Assets
      $3.20B
    • 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.

    Performance

    Holdings & allocations

    All holdings (%) as at 27-May-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 3,851,569 58,543,849 1.83
    Pilbara Minerals Ltd PLS AU 8,621,809 54,144,961 1.69
    Worley Ltd WOR AU 4,149,990 53,700,871 1.68
    Dyno Nobel Ltd DNL AU 14,129,393 53,550,399 1.67
    Rio Tinto Ltd RIO AU 272,030 51,201,487 1.60
    Bluescope Steel Ltd BSL AU 1,612,475 49,873,852 1.56
    Bhp Group Ltd BHP AU 813,067 49,824,746 1.56
    Mineral Resources Ltd MIN AU 700,265 49,697,807 1.55
    Medibank Pvt Ltd MPL AU 10,204,563 49,696,222 1.55
    Macquarie Group Ltd MQG AU 210,049 49,615,674 1.55
    Suncorp Group Ltd SUN AU 2,814,583 49,564,807 1.55
    Computershare Ltd CPU AU 1,441,874 48,908,366 1.53
    Goodman Group GMG AU 1,560,652 48,583,097 1.52
    Orica Ltd ORI AU 2,090,398 48,392,714 1.51
    Ampol Ltd ALD AU 1,435,988 48,364,076 1.51
    Vicinity Centres VCX AU 18,529,335 47,249,804 1.48
    Insurance Australia Group Ltd IAG AU 6,140,532 47,220,691 1.48
    Washington H Soul Pattinson & Co Ltd SOL AU 1,099,608 47,118,203 1.47
    Apa Group APA AU 4,632,333 46,971,857 1.47
    Technology One Ltd TNE AU 1,556,630 46,963,527 1.47
    Qbe Insurance Group Ltd QBE AU 2,029,151 46,853,097 1.46
    Fortescue Metals Group Ltd FMG AU 2,114,454 46,602,566 1.46
    Aristocrat Leisure Ltd ALL AU 926,062 46,562,397 1.46
    South32 Ltd S32 AU 9,689,649 46,413,419 1.45
    Atlas Arteria Ltd ALX AU 9,244,394 45,482,418 1.42
    Santos Ltd STO AU 5,724,506 45,166,352 1.41
    Als Ltd ALQ AU 1,849,690 44,762,498 1.40
    Scentre Group SCG AU 11,934,149 44,753,059 1.40
    Qantas Airways Ltd QAN AU 4,789,894 44,498,115 1.39
    Sigma Healthcare Ltd SIG AU 15,531,939 44,421,346 1.39
    Coles Group Ltd COL AU 2,076,010 44,343,574 1.39
    Aurizon Holdings Ltd AZJ AU 10,588,192 44,258,643 1.38
    Gpt Group/The GPT AU 9,046,441 43,965,703 1.37
    Bendigo & Adelaide Bank Ltd BEN AU 4,216,253 43,891,194 1.37
    Wesfarmers Ltd WES AU 557,274 43,222,171 1.35
    Telstra Group Ltd TLS AU 8,235,259 43,070,405 1.35
    Qube Holdings Ltd QUB AU 8,517,515 42,757,925 1.34
    Transurban Group TCL AU 2,946,087 42,747,722 1.34
    Woodside Energy Group Ltd WDS AU 1,388,782 42,649,495 1.33
    Whitehaven Coal Ltd WHC AU 4,850,384 42,343,852 1.32
    Steadfast Group Ltd SDF AU 10,082,785 42,045,213 1.31
    Lottery Corp Ltd/The TLC AU 7,852,584 41,932,799 1.31
    Seven Group Holdings Ltd SGH AU 1,007,078 41,783,666 1.31
    Charter Hall Group CHC AU 2,113,403 41,697,441 1.30
    Perseus Mining Ltd PRU AU 7,681,250 41,325,125 1.29
    Agl Energy Ltd AGL AU 4,683,689 41,122,789 1.29
    Woolworths Group Ltd WOW AU 1,179,421 40,831,555 1.28
    Carsales.Com Ltd CAR AU 1,644,486 40,569,470 1.27
    Cleanaway Waste Management Ltd CWY AU 17,457,388 40,501,140 1.27
    Dexus DXS AU 6,759,504 40,489,429 1.27
    Pro Medicus Ltd PME AU 308,843 40,334,896 1.26
    Commonwealth Bank Of Australia CBA AU 244,667 40,323,568 1.26
    Lynas Rare Earths Ltd LYC AU 2,051,815 39,887,284 1.25
    Origin Energy Ltd ORG AU 3,632,577 39,813,044 1.24
    Jb Hi-Fi Ltd JBH AU 536,743 39,692,145 1.24
    Anz Group Holdings Ltd ANZ AU 1,112,343 39,566,041 1.24
    Asx Ltd ASX AU 853,302 39,303,090 1.23
    Bank Of Queensland Ltd BOQ AU 6,203,656 38,896,923 1.22
    Reece Ltd REH AU 2,797,807 38,497,824 1.20
    Mirvac Group MGR AU 22,293,864 37,899,569 1.18
    Evolution Mining Ltd EVN AU 2,985,642 37,708,658 1.18
    Ramsay Health Care Ltd RHC AU 1,000,873 37,522,729 1.17
    Rea Group Ltd REA AU 249,259 37,488,554 1.17
    Westpac Banking Corp WBC AU 1,029,659 37,469,291 1.17
    Sonic Healthcare Ltd SHL AU 1,964,060 37,081,453 1.16
    Stockland SGP AU 8,912,845 36,186,151 1.13
    National Australia Bank Ltd NAB AU 892,603 33,695,763 1.05
    Seek Ltd SEK AU 2,723,848 33,503,330 1.05
    Ramelius Resources Ltd RMS AU 9,779,368 33,054,264 1.03
    Brambles Ltd BXB AU 1,868,503 31,727,181 0.99
    Wisetech Global Ltd WTC AU 857,976 31,685,054 0.99
    Endeavour Group Ltd/Australia EDV AU 10,804,825 31,658,137 0.99
    Northern Star Resources Ltd NST AU 1,579,325 31,065,323 0.97
    Csl Ltd CSL AU 296,304 29,411,135 0.92
    Cochlear Ltd COH AU 230,343 22,566,704 0.71
    Other/Cash --   2,688,386 0.08
    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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