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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
      $37.45

      as at 11-Mar-26
    • Total Net Assets
      $3.15B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      76
    • 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 11-Mar-26 Download all holdings

    No. of holdings: 76
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Lynas Rare Earths Ltd LYC AU 3,320,227 68,363,474 2.17
    South32 Ltd S32 AU 12,325,378 53,738,648 1.70
    Reece Ltd REH AU 3,501,181 52,867,833 1.68
    Woodside Energy Group Ltd WDS AU 1,717,266 52,239,232 1.66
    Woolworths Group Ltd WOW AU 1,436,291 51,447,944 1.63
    Ramsay Health Care Ltd RHC AU 1,192,667 50,342,474 1.60
    Whitehaven Coal Ltd WHC AU 5,729,635 49,905,121 1.58
    Santos Ltd STO AU 6,740,747 49,746,713 1.58
    Mineral Resources Ltd MIN AU 821,214 49,543,841 1.57
    Pilbara Minerals Ltd PLS AU 10,095,072 49,465,853 1.57
    Bhp Group Ltd BHP AU 951,938 49,462,698 1.57
    Evolution Mining Ltd EVN AU 3,489,654 49,378,604 1.57
    National Australia Bank Ltd NAB AU 1,035,139 48,993,129 1.55
    Rio Tinto Ltd RIO AU 308,359 47,888,153 1.52
    Aurizon Holdings Ltd AZJ AU 11,977,204 47,789,044 1.52
    Commonwealth Bank Of Australia CBA AU 275,642 47,595,104 1.51
    Bluescope Steel Ltd BSL AU 1,785,986 46,792,833 1.48
    Westpac Banking Corp WBC AU 1,122,863 46,071,069 1.46
    Qbe Insurance Group Ltd QBE AU 2,211,753 46,048,697 1.46
    Washington H Soul Pattinson & Co Ltd SOL AU 1,190,992 45,757,913 1.45
    Anz Group Holdings Ltd ANZ AU 1,202,817 45,682,990 1.45
    Endeavour Group Ltd/Australia EDV AU 11,680,248 45,669,770 1.45
    Als Ltd ALQ AU 1,990,578 45,464,802 1.44
    Bank Of Queensland Ltd BOQ AU 6,656,091 45,327,980 1.44
    Qube Holdings Ltd QUB AU 9,040,363 44,840,200 1.42
    Telstra Group Ltd TLS AU 8,652,919 44,389,474 1.41
    Macquarie Group Ltd MQG AU 218,971 44,041,637 1.40
    Perseus Mining Ltd PRU AU 7,984,802 43,916,411 1.39
    Lottery Corp Ltd/The TLC AU 8,106,941 43,615,343 1.38
    Origin Energy Ltd ORG AU 3,690,105 42,915,921 1.36
    Apa Group APA AU 4,659,264 42,492,488 1.35
    Northern Star Resources Ltd NST AU 1,572,091 42,053,434 1.33
    Brambles Ltd BXB AU 1,855,549 41,953,963 1.33
    Transurban Group TCL AU 2,890,205 41,445,540 1.31
    Agl Energy Ltd AGL AU 4,578,758 41,300,397 1.31
    Bendigo & Adelaide Bank Ltd BEN AU 4,108,459 41,166,759 1.31
    Technology One Ltd TNE AU 1,512,101 41,038,421 1.30
    Sigma Healthcare Ltd SIG AU 14,929,331 40,607,780 1.29
    Nextdc Ltd NXT AU 3,115,305 40,498,965 1.28
    Atlas Arteria Ltd ALX AU 8,814,823 40,283,741 1.28
    Mirvac Group MGR AU 21,094,180 39,973,471 1.27
    Sonic Healthcare Ltd SHL AU 1,843,448 39,652,566 1.26
    Wesfarmers Ltd WES AU 522,803 39,633,695 1.26
    Seven Group Holdings Ltd SGH AU 944,726 39,631,256 1.26
    Coles Group Ltd COL AU 1,937,811 39,434,454 1.25
    Dyno Nobel Ltd DNL AU 13,167,485 39,370,780 1.25
    Cleanaway Waste Management Ltd CWY AU 16,244,943 39,312,762 1.25
    Vicinity Centres VCX AU 17,235,488 39,296,913 1.25
    Goodman Group GMG AU 1,447,569 39,185,693 1.24
    Ampol Ltd ALD AU 1,328,299 39,078,557 1.24
    Qantas Airways Ltd QAN AU 4,393,710 38,752,522 1.23
    Dexus DXS AU 6,039,786 37,748,663 1.20
    Rea Group Ltd REA AU 222,405 37,695,423 1.20
    Medibank Pvt Ltd MPL AU 9,098,562 37,668,047 1.19
    Scentre Group SCG AU 10,599,825 37,523,381 1.19
    Suncorp Group Ltd SUN AU 2,491,146 37,392,101 1.19
    Fortescue Metals Group Ltd FMG AU 1,871,108 37,384,738 1.19
    Insurance Australia Group Ltd IAG AU 5,408,074 37,207,549 1.18
    Gpt Group/The GPT AU 7,895,587 36,872,391 1.17
    Jb Hi-Fi Ltd JBH AU 467,107 36,765,992 1.17
    Asx Ltd ASX AU 739,308 36,603,139 1.16
    Orica Ltd ORI AU 1,804,226 36,463,407 1.16
    Computershare Ltd CPU AU 1,232,538 36,113,363 1.15
    Steadfast Group Ltd SDF AU 8,513,916 35,673,308 1.13
    Stockland SGP AU 7,285,103 34,531,388 1.09
    Charter Hall Group CHC AU 1,718,658 34,355,973 1.09
    Carsales.Com Ltd CAR AU 1,330,800 34,188,252 1.08
    Worley Ltd WOR AU 3,312,445 33,720,690 1.07
    Aristocrat Leisure Ltd ALL AU 732,918 33,435,719 1.06
    Csl Ltd CSL AU 233,438 33,283,590 1.06
    Telix Pharmaceuticals Ltd TLX AU 3,028,522 32,586,897 1.03
    Treasury Wine Estates Ltd TWE AU 7,639,514 31,092,822 0.99
    Cochlear Ltd COH AU 161,657 29,649,510 0.94
    Wisetech Global Ltd WTC AU 584,173 28,764,679 0.91
    Seek Ltd SEK AU 1,810,389 28,079,133 0.89
    Pro Medicus Ltd PME AU 178,531 24,421,255 0.77
    Other/Cash --   -956,842 -0.03
    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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