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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
      $39.84

      as at 06-Aug-26
    • Total Net Assets
      $3.42B
    • 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, is intending to use the product as a 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 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, is intending to use the product as a 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 06-Aug-26 Download all holdings

    No. of holdings: 74
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Csl Ltd CSL AU 423,571 56,063,858 1.64
    Aristocrat Leisure Ltd ALL AU 825,566 54,702,003 1.60
    Ramelius Resources Ltd RMS AU 15,463,321 53,812,357 1.57
    Evolution Mining Ltd EVN AU 4,063,984 52,831,792 1.55
    Asx Ltd ASX AU 904,695 52,798,000 1.55
    Cochlear Ltd COH AU 415,574 52,358,168 1.53
    Northern Star Resources Ltd NST AU 2,352,024 52,191,413 1.53
    Computershare Ltd CPU AU 1,203,608 52,104,190 1.52
    National Australia Bank Ltd NAB AU 1,200,294 51,252,554 1.50
    Ramsay Health Care Ltd RHC AU 1,134,702 50,289,993 1.47
    Rea Group Ltd REA AU 291,818 50,201,451 1.47
    Qantas Airways Ltd QAN AU 4,678,818 50,016,564 1.46
    Seek Ltd SEK AU 3,232,510 49,683,679 1.45
    Brambles Ltd BXB AU 2,422,583 49,178,435 1.44
    Macquarie Group Ltd MQG AU 183,629 49,074,850 1.44
    Bendigo & Adelaide Bank Ltd BEN AU 4,233,646 49,025,621 1.43
    Perseus Mining Ltd PRU AU 9,337,595 49,022,374 1.43
    Commonwealth Bank Of Australia CBA AU 272,137 48,949,282 1.43
    Endeavour Group Ltd/Australia EDV AU 13,931,812 48,761,342 1.43
    Jb Hi-Fi Ltd JBH AU 573,614 48,522,008 1.42
    Seven Group Holdings Ltd SGH AU 1,038,248 48,226,620 1.41
    Charter Hall Group CHC AU 2,031,046 48,176,411 1.41
    Anz Group Holdings Ltd ANZ AU 1,261,770 48,086,055 1.41
    Pro Medicus Ltd PME AU 269,872 48,034,517 1.41
    Reece Ltd REH AU 2,820,602 47,950,234 1.40
    Sonic Healthcare Ltd SHL AU 2,150,226 47,821,026 1.40
    Wesfarmers Ltd WES AU 522,925 47,586,175 1.39
    Medibank Pvt Ltd MPL AU 9,009,622 47,480,708 1.39
    Stockland SGP AU 10,984,023 47,450,979 1.39
    Westpac Banking Corp WBC AU 1,231,477 47,448,809 1.39
    Insurance Australia Group Ltd IAG AU 5,540,858 47,263,519 1.38
    Sigma Healthcare Ltd SIG AU 15,799,480 47,240,445 1.38
    South32 Ltd S32 AU 9,733,609 47,110,668 1.38
    Bank Of Queensland Ltd BOQ AU 7,010,702 46,901,596 1.37
    Bluescope Steel Ltd BSL AU 1,329,870 46,691,736 1.37
    Washington H Soul Pattinson & Co Ltd SOL AU 1,000,835 46,688,953 1.37
    Dexus DXS AU 7,677,212 46,600,677 1.36
    Woolworths Group Ltd WOW AU 1,158,830 46,596,554 1.36
    Mirvac Group MGR AU 25,500,918 46,284,166 1.35
    Suncorp Group Ltd SUN AU 2,386,782 46,279,703 1.35
    Gpt Group/The GPT AU 8,809,407 46,161,293 1.35
    Vicinity Centres VCX AU 17,033,818 45,991,309 1.35
    Ampol Ltd ALD AU 1,189,481 45,735,544 1.34
    Bhp Group Ltd BHP AU 724,358 45,504,170 1.33
    Qbe Insurance Group Ltd QBE AU 1,861,936 45,356,761 1.33
    Scentre Group SCG AU 11,536,131 45,336,995 1.33
    Als Ltd ALQ AU 1,917,616 45,083,152 1.32
    Wisetech Global Ltd WTC AU 1,146,032 45,039,058 1.32
    Coles Group Ltd COL AU 1,837,610 44,764,180 1.31
    Technology One Ltd TNE AU 1,370,415 44,607,008 1.31
    Woodside Energy Group Ltd WDS AU 1,404,851 44,561,874 1.30
    Orica Ltd ORI AU 1,892,642 44,514,940 1.30
    Carsales.Com Ltd CAR AU 1,619,256 44,221,881 1.29
    Lottery Corp Ltd/The TLC AU 7,986,552 43,446,843 1.27
    Dyno Nobel Ltd DNL AU 11,385,527 43,378,858 1.27
    Origin Energy Ltd ORG AU 3,964,233 42,932,643 1.26
    Atlas Arteria Ltd ALX AU 8,583,970 42,919,850 1.26
    Rio Tinto Ltd RIO AU 243,019 42,844,250 1.25
    Steadfast Group Ltd SDF AU 8,105,310 42,796,037 1.25
    Greatland Resources Ltd GGP AU 3,708,046 42,753,770 1.25
    Santos Ltd STO AU 5,512,843 42,062,992 1.23
    Mineral Resources Ltd MIN AU 679,440 41,989,392 1.23
    Agl Energy Ltd AGL AU 5,076,434 41,982,109 1.23
    Telstra Group Ltd TLS AU 8,418,256 41,922,915 1.23
    Aurizon Holdings Ltd AZJ AU 9,955,838 41,914,078 1.23
    Goodman Group GMG AU 1,376,033 41,611,238 1.22
    Apa Group APA AU 4,133,326 41,333,260 1.21
    Nextdc Ltd NXT AU 2,880,221 41,244,765 1.21
    Transurban Group TCL AU 2,806,087 40,940,809 1.20
    Fortescue Metals Group Ltd FMG AU 2,218,034 40,922,727 1.20
    Lynas Rare Earths Ltd LYC AU 2,584,860 40,582,302 1.19
    Worley Ltd WOR AU 3,420,125 37,587,174 1.10
    Whitehaven Coal Ltd WHC AU 4,966,577 36,206,346 1.06
    Pilbara Minerals Ltd PLS AU 7,570,584 32,553,511 0.95
    Other/Cash --   -433,178 -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.  

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