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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
      $38.26

      as at 19-Feb-26
    • Total Net Assets
      $3.21B
    • 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, 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 or major, core, minor or satellite allocation within a portfolio, has no minimum investment timeframe, and has a low risk/return profile.

    Performance

    Holdings & allocations

    All holdings (%) as at 18-Feb-26 Download all holdings

    No. of holdings: 76
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    South32 Ltd S32 AU 12,211,590 53,608,880 1.67
    Lynas Rare Earths Ltd LYC AU 3,289,575 51,021,308 1.59
    Bluescope Steel Ltd BSL AU 1,769,497 50,855,344 1.59
    Rio Tinto Ltd RIO AU 305,513 50,467,692 1.57
    Evolution Mining Ltd EVN AU 3,457,436 50,443,991 1.57
    Bhp Group Ltd BHP AU 943,148 49,317,209 1.54
    National Australia Bank Ltd NAB AU 1,025,581 48,345,888 1.51
    Commonwealth Bank Of Australia CBA AU 273,098 48,305,574 1.51
    Whitehaven Coal Ltd WHC AU 5,676,740 47,911,686 1.49
    Reece Ltd REH AU 3,468,859 47,800,877 1.49
    Macquarie Group Ltd MQG AU 216,948 47,641,781 1.49
    Agl Energy Ltd AGL AU 4,536,486 47,633,103 1.49
    Aurizon Holdings Ltd AZJ AU 11,866,631 47,229,191 1.47
    Als Ltd ALQ AU 1,972,201 47,214,492 1.47
    Anz Group Holdings Ltd ANZ AU 1,191,713 46,750,901 1.46
    Orica Ltd ORI AU 1,787,568 46,584,022 1.45
    Qantas Airways Ltd QAN AU 4,353,147 46,404,547 1.45
    Bendigo & Adelaide Bank Ltd BEN AU 4,070,531 46,281,937 1.44
    Wesfarmers Ltd WES AU 517,977 46,234,627 1.44
    Bank Of Queensland Ltd BOQ AU 6,594,642 45,898,708 1.43
    Woolworths Group Ltd WOW AU 1,423,032 45,451,642 1.42
    Westpac Banking Corp WBC AU 1,112,497 45,389,878 1.42
    Qube Holdings Ltd QUB AU 8,956,901 45,232,350 1.41
    Washington H Soul Pattinson & Co Ltd SOL AU 1,179,997 44,828,086 1.40
    Endeavour Group Ltd/Australia EDV AU 11,572,415 44,785,246 1.40
    Goodman Group GMG AU 1,434,205 44,532,065 1.39
    Seven Group Holdings Ltd SGH AU 936,005 44,478,958 1.39
    Lottery Corp Ltd/The TLC AU 8,032,097 44,337,175 1.38
    Santos Ltd STO AU 6,678,516 44,278,561 1.38
    Sigma Healthcare Ltd SIG AU 14,791,503 44,226,594 1.38
    Pilbara Minerals Ltd PLS AU 10,001,873 44,208,279 1.38
    Woodside Energy Group Ltd WDS AU 1,701,411 44,134,601 1.38
    Mineral Resources Ltd MIN AU 813,632 43,732,720 1.36
    Perseus Mining Ltd PRU AU 7,911,087 43,669,200 1.36
    Northern Star Resources Ltd NST AU 1,557,578 43,643,336 1.36
    Ramsay Health Care Ltd RHC AU 1,181,656 43,638,556 1.36
    Origin Energy Ltd ORG AU 3,656,038 43,616,533 1.36
    Vicinity Centres VCX AU 17,076,371 43,544,746 1.36
    Qbe Insurance Group Ltd QBE AU 2,191,335 43,213,126 1.35
    Brambles Ltd BXB AU 1,838,418 43,202,823 1.35
    Dyno Nobel Ltd DNL AU 13,045,922 43,182,002 1.35
    Medibank Pvt Ltd MPL AU 9,014,564 43,179,762 1.35
    Nextdc Ltd NXT AU 3,086,546 42,964,720 1.34
    Worley Ltd WOR AU 3,281,866 42,795,533 1.33
    Mirvac Group MGR AU 20,899,438 42,634,854 1.33
    Apa Group APA AU 4,616,250 42,607,988 1.33
    Coles Group Ltd COL AU 1,919,922 42,526,272 1.33
    Telstra Group Ltd TLS AU 8,573,034 42,522,249 1.33
    Atlas Arteria Ltd ALX AU 8,733,445 40,872,523 1.27
    Transurban Group TCL AU 2,863,522 40,633,377 1.27
    Jb Hi-Fi Ltd JBH AU 462,793 40,582,318 1.27
    Dexus DXS AU 5,984,026 40,332,335 1.26
    Scentre Group SCG AU 10,501,969 40,222,541 1.25
    Charter Hall Group CHC AU 1,702,793 40,134,831 1.25
    Asx Ltd ASX AU 732,481 40,132,634 1.25
    Gpt Group/The GPT AU 7,822,694 39,739,286 1.24
    Cleanaway Waste Management Ltd CWY AU 16,094,970 38,949,827 1.21
    Sonic Healthcare Ltd SHL AU 1,826,428 38,793,331 1.21
    Ampol Ltd ALD AU 1,316,036 37,980,799 1.18
    Computershare Ltd CPU AU 1,221,158 37,794,840 1.18
    Suncorp Group Ltd SUN AU 2,468,146 37,713,271 1.18
    Steadfast Group Ltd SDF AU 8,435,316 37,452,803 1.17
    Fortescue Metals Group Ltd FMG AU 1,853,834 37,447,447 1.17
    Stockland SGP AU 7,217,846 37,388,442 1.17
    Aristocrat Leisure Ltd ALL AU 726,151 36,786,810 1.15
    Insurance Australia Group Ltd IAG AU 5,358,148 36,542,569 1.14
    Rea Group Ltd REA AU 220,351 36,078,069 1.13
    Treasury Wine Estates Ltd TWE AU 7,568,986 35,725,614 1.11
    Csl Ltd CSL AU 231,283 35,326,165 1.10
    Technology One Ltd TNE AU 1,498,141 35,206,314 1.10
    Carsales.Com Ltd CAR AU 1,318,516 34,320,971 1.07
    Cochlear Ltd COH AU 160,164 31,690,049 0.99
    Seek Ltd SEK AU 1,793,676 28,878,184 0.90
    Wisetech Global Ltd WTC AU 578,782 27,810,475 0.87
    Telix Pharmaceuticals Ltd TLX AU 3,000,563 26,644,999 0.83
    Pro Medicus Ltd PME AU 176,883 21,756,609 0.68
    Other/Cash --   640,576 0.02
    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.  

    MVWAU /blog/australian-equity/
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