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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
      $37.72

      as at 15-May-26
    • Total Net Assets
      $3.18B
    • 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.
      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.

    Performance

    Holdings & allocations

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

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Nextdc Ltd NXT AU 3,856,141 56,222,536 1.79
    Pilbara Minerals Ltd PLS AU 8,632,049 51,792,294 1.65
    Ampol Ltd ALD AU 1,437,694 51,138,776 1.63
    Dyno Nobel Ltd DNL AU 14,146,172 51,067,681 1.62
    Worley Ltd WOR AU 4,154,919 50,773,110 1.61
    Asx Ltd ASX AU 854,316 49,755,364 1.58
    Macquarie Group Ltd MQG AU 210,299 49,746,228 1.58
    Suncorp Group Ltd SUN AU 2,817,926 49,229,167 1.57
    Insurance Australia Group Ltd IAG AU 6,147,825 49,121,122 1.56
    Rio Tinto Ltd RIO AU 272,354 48,754,090 1.55
    Medibank Pvt Ltd MPL AU 10,216,680 47,916,229 1.52
    Bhp Group Ltd BHP AU 814,033 47,840,719 1.52
    Apa Group APA AU 4,637,835 47,676,944 1.52
    Bluescope Steel Ltd BSL AU 1,614,390 47,672,937 1.52
    Aristocrat Leisure Ltd ALL AU 927,162 47,656,127 1.52
    Qbe Insurance Group Ltd QBE AU 2,031,561 47,254,109 1.50
    Orica Ltd ORI AU 2,092,878 47,131,613 1.50
    Goodman Group GMG AU 1,562,506 47,062,681 1.50
    Vicinity Centres VCX AU 18,551,339 46,563,861 1.48
    Fortescue Metals Group Ltd FMG AU 2,116,968 46,467,448 1.48
    Santos Ltd STO AU 5,731,305 46,366,257 1.47
    Computershare Ltd CPU AU 1,443,586 46,324,675 1.47
    Washington H Soul Pattinson & Co Ltd SOL AU 1,100,914 46,128,297 1.47
    Mineral Resources Ltd MIN AU 701,097 44,940,318 1.43
    Woodside Energy Group Ltd WDS AU 1,390,432 44,702,389 1.42
    Technology One Ltd TNE AU 1,558,476 44,634,753 1.42
    Atlas Arteria Ltd ALX AU 9,255,373 44,610,898 1.42
    Telstra Group Ltd TLS AU 8,245,040 44,605,666 1.42
    Aurizon Holdings Ltd AZJ AU 10,600,765 44,205,190 1.41
    Sigma Healthcare Ltd SIG AU 15,550,386 43,852,089 1.39
    Bendigo & Adelaide Bank Ltd BEN AU 4,221,263 43,563,434 1.39
    Coles Group Ltd COL AU 2,078,476 43,336,225 1.38
    Scentre Group SCG AU 11,948,320 42,894,469 1.36
    Qube Holdings Ltd QUB AU 8,527,631 42,723,431 1.36
    Transurban Group TCL AU 2,949,586 42,710,005 1.36
    Carsales.Com Ltd CAR AU 1,646,439 42,395,804 1.35
    Gpt Group/The GPT AU 9,057,185 42,206,482 1.34
    Agl Energy Ltd AGL AU 4,689,252 42,203,268 1.34
    Origin Energy Ltd ORG AU 3,636,891 41,606,033 1.32
    Perseus Mining Ltd PRU AU 7,690,373 41,297,303 1.31
    Lottery Corp Ltd/The TLC AU 7,861,908 41,275,017 1.31
    Rea Group Ltd REA AU 249,555 41,076,753 1.31
    Qantas Airways Ltd QAN AU 4,795,583 40,474,721 1.29
    Als Ltd ALQ AU 1,851,884 40,426,628 1.29
    Dexus DXS AU 6,767,530 40,402,154 1.29
    Steadfast Group Ltd SDF AU 10,094,760 40,379,040 1.28
    Charter Hall Group CHC AU 2,115,913 40,265,824 1.28
    Wesfarmers Ltd WES AU 557,936 39,758,519 1.26
    Commonwealth Bank Of Australia CBA AU 244,957 39,374,388 1.25
    Seven Group Holdings Ltd SGH AU 1,008,274 39,131,114 1.24
    South32 Ltd S32 AU 9,701,157 39,095,663 1.24
    Anz Group Holdings Ltd ANZ AU 1,113,664 39,045,060 1.24
    Whitehaven Coal Ltd WHC AU 4,856,145 39,043,406 1.24
    Woolworths Group Ltd WOW AU 1,180,821 38,943,477 1.24
    Lynas Rare Earths Ltd LYC AU 2,054,252 38,886,990 1.24
    Bank Of Queensland Ltd BOQ AU 6,211,022 38,818,888 1.23
    Pro Medicus Ltd PME AU 309,209 38,811,914 1.23
    Jb Hi-Fi Ltd JBH AU 537,381 37,949,846 1.21
    Cleanaway Waste Management Ltd CWY AU 17,478,119 37,752,737 1.20
    Mirvac Group MGR AU 22,320,342 37,274,971 1.19
    Ramsay Health Care Ltd RHC AU 1,002,061 37,186,484 1.18
    Reece Ltd REH AU 2,801,130 37,002,927 1.18
    Seek Ltd SEK AU 2,727,083 36,842,891 1.17
    Westpac Banking Corp WBC AU 1,030,879 36,812,689 1.17
    Sonic Healthcare Ltd SHL AU 1,966,390 36,161,912 1.15
    Evolution Mining Ltd EVN AU 2,989,188 35,661,013 1.13
    Stockland SGP AU 8,923,428 34,176,729 1.09
    Brambles Ltd BXB AU 1,870,722 32,980,829 1.05
    Wisetech Global Ltd WTC AU 858,995 32,813,609 1.04
    Endeavour Group Ltd/Australia EDV AU 10,817,658 32,669,327 1.04
    National Australia Bank Ltd NAB AU 893,663 32,457,840 1.03
    Northern Star Resources Ltd NST AU 1,581,201 31,624,020 1.01
    Ramelius Resources Ltd RMS AU 9,790,983 31,429,055 1.00
    Csl Ltd CSL AU 296,656 28,544,240 0.91
    Cochlear Ltd COH AU 230,617 21,567,302 0.69
    Other/Cash --   1,889,378 0.06
    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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