au en false false Default
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
      $37.96

      as at 13-Jul-26
    • Total Net Assets
      $3.23B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      74
    • 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 13-Jul-26 Download all holdings

    No. of holdings: 74
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Pro Medicus Ltd PME AU 268,145 53,355,492 1.65
    Csl Ltd CSL AU 420,854 51,066,424 1.58
    Aristocrat Leisure Ltd ALL AU 820,275 50,315,669 1.56
    Cochlear Ltd COH AU 412,912 50,086,226 1.55
    Asx Ltd ASX AU 898,898 49,052,864 1.52
    Qantas Airways Ltd QAN AU 4,648,813 48,487,120 1.50
    Endeavour Group Ltd/Australia EDV AU 13,842,473 48,171,806 1.49
    Ramsay Health Care Ltd RHC AU 1,127,426 47,825,411 1.48
    National Australia Bank Ltd NAB AU 1,192,594 47,763,390 1.48
    Computershare Ltd CPU AU 1,195,886 47,524,510 1.47
    Wesfarmers Ltd WES AU 519,570 47,447,132 1.47
    Qbe Insurance Group Ltd QBE AU 1,849,998 47,119,449 1.46
    Northern Star Resources Ltd NST AU 2,336,943 46,505,166 1.44
    Macquarie Group Ltd MQG AU 182,452 46,344,633 1.43
    Evolution Mining Ltd EVN AU 4,037,925 46,113,104 1.43
    Insurance Australia Group Ltd IAG AU 5,505,328 45,969,489 1.42
    Commonwealth Bank Of Australia CBA AU 270,388 45,965,960 1.42
    Woolworths Group Ltd WOW AU 1,151,394 45,871,537 1.42
    Sigma Healthcare Ltd SIG AU 15,698,165 45,838,642 1.42
    Anz Group Holdings Ltd ANZ AU 1,253,674 45,708,954 1.41
    Seven Group Holdings Ltd SGH AU 1,031,593 45,637,674 1.41
    Medibank Pvt Ltd MPL AU 8,951,847 45,475,383 1.41
    Ramelius Resources Ltd RMS AU 15,364,162 45,324,278 1.40
    Brambles Ltd BXB AU 2,407,051 45,156,277 1.40
    Westpac Banking Corp WBC AU 1,223,579 45,150,065 1.40
    Jb Hi-Fi Ltd JBH AU 569,940 44,996,763 1.39
    Perseus Mining Ltd PRU AU 9,277,717 44,904,150 1.39
    Suncorp Group Ltd SUN AU 2,371,481 44,892,135 1.39
    Vicinity Centres VCX AU 16,924,585 44,850,150 1.39
    Charter Hall Group CHC AU 2,018,022 44,759,728 1.38
    Sonic Healthcare Ltd SHL AU 2,136,438 44,715,647 1.38
    Bendigo & Adelaide Bank Ltd BEN AU 4,206,498 44,673,009 1.38
    Scentre Group SCG AU 11,462,153 44,587,775 1.38
    Bank Of Queensland Ltd BOQ AU 6,965,745 44,302,138 1.37
    Lottery Corp Ltd/The TLC AU 7,935,336 44,120,468 1.36
    Washington H Soul Pattinson & Co Ltd SOL AU 994,422 43,844,066 1.36
    Reece Ltd REH AU 2,802,518 43,775,331 1.35
    Stockland SGP AU 10,913,587 43,436,076 1.34
    Ampol Ltd ALD AU 1,181,858 43,433,282 1.34
    Orica Ltd ORI AU 1,880,509 43,420,953 1.34
    Rea Group Ltd REA AU 289,948 43,411,015 1.34
    Mirvac Group MGR AU 25,337,392 43,200,253 1.34
    Dexus DXS AU 7,627,982 43,174,378 1.34
    Atlas Arteria Ltd ALX AU 8,528,926 42,985,787 1.33
    Gpt Group/The GPT AU 8,752,917 42,889,293 1.33
    Seek Ltd SEK AU 3,211,783 42,588,243 1.32
    Als Ltd ALQ AU 1,905,318 42,526,698 1.32
    Bluescope Steel Ltd BSL AU 1,321,345 42,283,040 1.31
    Coles Group Ltd COL AU 1,825,829 42,213,166 1.31
    Bhp Group Ltd BHP AU 719,716 41,988,231 1.30
    Steadfast Group Ltd SDF AU 8,053,335 41,796,809 1.29
    Carsales.Com Ltd CAR AU 1,608,872 41,766,317 1.29
    Lynas Rare Earths Ltd LYC AU 2,568,283 41,734,599 1.29
    Telstra Group Ltd TLS AU 8,364,274 41,654,085 1.29
    Santos Ltd STO AU 5,477,489 41,628,916 1.29
    Technology One Ltd TNE AU 1,361,626 41,529,593 1.28
    Fortescue Metals Group Ltd FMG AU 2,203,811 41,365,532 1.28
    Dyno Nobel Ltd DNL AU 11,312,517 41,290,687 1.28
    Transurban Group TCL AU 2,788,091 41,096,461 1.27
    Agl Energy Ltd AGL AU 5,043,882 41,006,761 1.27
    Woodside Energy Group Ltd WDS AU 1,395,842 40,926,087 1.27
    Goodman Group GMG AU 1,367,211 40,906,953 1.26
    Apa Group APA AU 4,106,819 40,780,713 1.26
    Aurizon Holdings Ltd AZJ AU 9,891,994 40,755,015 1.26
    Origin Energy Ltd ORG AU 3,938,812 40,372,823 1.25
    Greatland Resources Ltd GGP AU 3,684,264 39,826,894 1.23
    Rio Tinto Ltd RIO AU 241,457 39,606,192 1.22
    Mineral Resources Ltd MIN AU 675,084 39,181,875 1.21
    Nextdc Ltd NXT AU 2,861,752 38,633,652 1.19
    South32 Ltd S32 AU 9,671,192 38,394,632 1.19
    Wisetech Global Ltd WTC AU 1,138,684 37,940,951 1.17
    Whitehaven Coal Ltd WHC AU 4,934,732 37,207,879 1.15
    Worley Ltd WOR AU 3,398,191 36,020,825 1.11
    Pilbara Minerals Ltd PLS AU 7,522,038 33,698,730 1.04
    Other/Cash --   -298,874 -0.01
    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.  

    MVWAU /blog/australian-equity/
    Exchange Traded Funds (ETFs)
    Information about
    Education
    Connect with us