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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
      $37.41

      as at 07-Apr-26
    • Total Net Assets
      $3.13B
    • 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.

    Performance

    Holdings & allocations

    All holdings (%) as at 07-Apr-26 Download all holdings

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Woodside Energy Group Ltd WDS AU 1,379,654 49,391,613 1.58
    Ampol Ltd ALD AU 1,426,550 47,689,567 1.53
    Worley Ltd WOR AU 4,122,720 47,287,598 1.51
    Origin Energy Ltd ORG AU 3,608,716 46,155,478 1.48
    Apa Group APA AU 4,601,891 46,018,910 1.47
    Santos Ltd STO AU 5,686,895 46,006,981 1.47
    Washington H Soul Pattinson & Co Ltd SOL AU 1,092,376 45,956,258 1.47
    Coles Group Ltd COL AU 2,062,375 45,949,715 1.47
    Dyno Nobel Ltd DNL AU 14,036,539 45,899,483 1.47
    Agl Energy Ltd AGL AU 4,652,919 45,784,723 1.46
    Medibank Pvt Ltd MPL AU 10,137,512 45,010,553 1.44
    Rio Tinto Ltd RIO AU 270,242 44,968,269 1.44
    Bank Of Queensland Ltd BOQ AU 6,162,888 44,804,196 1.43
    Asx Ltd ASX AU 847,697 44,758,402 1.43
    Pilbara Minerals Ltd PLS AU 8,565,149 44,453,123 1.42
    Insurance Australia Group Ltd IAG AU 6,100,192 44,287,394 1.42
    Macquarie Group Ltd MQG AU 208,665 44,276,626 1.42
    Qbe Insurance Group Ltd QBE AU 2,015,820 44,186,774 1.41
    Telstra Group Ltd TLS AU 8,181,139 44,178,151 1.41
    Vicinity Centres VCX AU 18,407,580 43,994,116 1.41
    Woolworths Group Ltd WOW AU 1,171,674 43,961,208 1.41
    South32 Ltd S32 AU 9,625,985 43,798,232 1.40
    Suncorp Group Ltd SUN AU 2,796,091 43,702,902 1.40
    Whitehaven Coal Ltd WHC AU 4,818,523 43,607,633 1.39
    Aurizon Holdings Ltd AZJ AU 10,518,622 43,547,095 1.39
    Fortescue Metals Group Ltd FMG AU 2,100,564 43,439,664 1.39
    Bluescope Steel Ltd BSL AU 1,601,874 43,362,729 1.39
    Bendigo & Adelaide Bank Ltd BEN AU 4,188,558 43,184,033 1.38
    Aristocrat Leisure Ltd ALL AU 919,967 43,008,457 1.38
    Commonwealth Bank Of Australia CBA AU 243,068 43,008,452 1.38
    Bhp Group Ltd BHP AU 807,729 42,745,019 1.37
    Technology One Ltd TNE AU 1,546,406 42,618,949 1.36
    Brambles Ltd BXB AU 1,856,222 42,507,484 1.36
    Orica Ltd ORI AU 2,076,653 42,467,554 1.36
    Lottery Corp Ltd/The TLC AU 7,800,983 42,437,348 1.36
    Steadfast Group Ltd SDF AU 10,016,533 42,369,935 1.36
    Qube Holdings Ltd QUB AU 8,461,538 41,884,613 1.34
    Westpac Banking Corp WBC AU 1,022,894 41,734,075 1.34
    Seven Group Holdings Ltd SGH AU 1,000,454 41,448,809 1.33
    Lynas Rare Earths Ltd LYC AU 2,038,329 41,378,079 1.32
    Csl Ltd CSL AU 294,358 41,301,371 1.32
    Sigma Healthcare Ltd SIG AU 15,429,886 41,197,796 1.32
    Anz Group Holdings Ltd ANZ AU 1,105,041 41,173,828 1.32
    Wesfarmers Ltd WES AU 553,616 41,144,741 1.32
    Perseus Mining Ltd PRU AU 7,630,782 41,053,607 1.31
    Computershare Ltd CPU AU 1,432,401 40,837,753 1.31
    Goodman Group GMG AU 1,550,394 40,697,843 1.30
    Nextdc Ltd NXT AU 3,228,404 40,677,890 1.30
    Qantas Airways Ltd QAN AU 4,758,412 40,398,918 1.29
    Cleanaway Waste Management Ltd CWY AU 17,342,675 40,235,006 1.29
    Scentre Group SCG AU 11,855,720 40,072,334 1.28
    Transurban Group TCL AU 2,926,734 40,066,988 1.28
    Gpt Group/The GPT AU 8,986,995 39,902,258 1.28
    Dexus DXS AU 6,715,090 39,753,333 1.27
    Cochlear Ltd COH AU 228,826 39,609,781 1.27
    Als Ltd ALQ AU 1,837,527 39,359,828 1.26
    Charter Hall Group CHC AU 2,099,520 39,324,010 1.26
    Rea Group Ltd REA AU 247,624 39,223,642 1.25
    Ramsay Health Care Ltd RHC AU 994,297 39,065,929 1.25
    Atlas Arteria Ltd ALX AU 9,183,641 38,938,638 1.25
    Jb Hi-Fi Ltd JBH AU 533,215 38,551,445 1.23
    Seek Ltd SEK AU 2,705,954 38,316,309 1.23
    Mirvac Group MGR AU 22,147,377 38,204,225 1.22
    Reece Ltd REH AU 2,779,426 38,050,342 1.22
    National Australia Bank Ltd NAB AU 886,731 38,023,025 1.22
    Sonic Healthcare Ltd SHL AU 1,951,145 38,008,305 1.22
    Evolution Mining Ltd EVN AU 2,966,025 37,994,780 1.22
    Mineral Resources Ltd MIN AU 695,667 37,906,895 1.21
    Carsales.Com Ltd CAR AU 1,633,675 37,705,219 1.21
    Pro Medicus Ltd PME AU 306,809 37,424,562 1.20
    Ramelius Resources Ltd RMS AU 9,715,103 36,334,485 1.16
    Stockland SGP AU 8,854,268 35,239,987 1.13
    Northern Star Resources Ltd NST AU 1,568,943 35,065,876 1.12
    Endeavour Group Ltd/Australia EDV AU 10,733,833 34,348,266 1.10
    Wisetech Global Ltd WTC AU 852,342 33,377,713 1.07
    Other/Cash --   281,199 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 Update”.

    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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