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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
      $37.01

      as at 09-Mar-26
    • Total Net Assets
      $3.12B
    • 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 09-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 3,315,937 56,967,798 1.83
    Woodside Energy Group Ltd WDS AU 1,715,048 53,783,905 1.73
    South32 Ltd S32 AU 12,309,457 52,561,381 1.69
    Reece Ltd REH AU 3,496,659 51,540,754 1.65
    Santos Ltd STO AU 6,732,040 51,432,786 1.65
    Whitehaven Coal Ltd WHC AU 5,722,234 50,641,771 1.62
    Woolworths Group Ltd WOW AU 1,434,438 50,190,986 1.61
    Ramsay Health Care Ltd RHC AU 1,191,127 49,741,464 1.60
    Evolution Mining Ltd EVN AU 3,485,147 48,513,246 1.56
    National Australia Bank Ltd NAB AU 1,033,802 47,637,596 1.53
    Bhp Group Ltd BHP AU 950,707 47,630,421 1.53
    Rio Tinto Ltd RIO AU 307,960 47,019,333 1.51
    Aurizon Holdings Ltd AZJ AU 11,961,733 47,009,611 1.51
    Commonwealth Bank Of Australia CBA AU 275,285 46,647,043 1.50
    Bluescope Steel Ltd BSL AU 1,783,680 46,161,638 1.48
    Qbe Insurance Group Ltd QBE AU 2,208,894 45,525,305 1.46
    Als Ltd ALQ AU 1,988,007 44,988,598 1.44
    Westpac Banking Corp WBC AU 1,121,413 44,968,661 1.44
    Washington H Soul Pattinson & Co Ltd SOL AU 1,189,454 44,949,467 1.44
    Bank Of Queensland Ltd BOQ AU 6,647,492 44,937,046 1.44
    Pilbara Minerals Ltd PLS AU 10,082,032 44,764,222 1.44
    Qube Holdings Ltd QUB AU 9,028,687 44,692,001 1.43
    Telstra Group Ltd TLS AU 8,641,742 44,677,806 1.43
    Endeavour Group Ltd/Australia EDV AU 11,665,161 44,677,567 1.43
    Mineral Resources Ltd MIN AU 820,154 44,542,564 1.43
    Anz Group Holdings Ltd ANZ AU 1,201,264 44,182,490 1.42
    Agl Energy Ltd AGL AU 4,572,846 43,716,408 1.40
    Origin Energy Ltd ORG AU 3,685,339 43,339,587 1.39
    Lottery Corp Ltd/The TLC AU 8,096,469 43,073,215 1.38
    Brambles Ltd BXB AU 1,853,153 43,048,744 1.38
    Perseus Mining Ltd PRU AU 7,974,488 42,982,490 1.38
    Macquarie Group Ltd MQG AU 218,689 42,742,765 1.37
    Apa Group APA AU 4,653,244 42,623,715 1.37
    Ampol Ltd ALD AU 1,326,585 41,588,440 1.33
    Bendigo & Adelaide Bank Ltd BEN AU 4,103,153 41,400,814 1.33
    Atlas Arteria Ltd ALX AU 8,803,437 41,200,085 1.32
    Coles Group Ltd COL AU 1,935,308 40,815,646 1.31
    Transurban Group TCL AU 2,886,473 40,670,405 1.30
    Sonic Healthcare Ltd SHL AU 1,841,066 40,448,220 1.30
    Sigma Healthcare Ltd SIG AU 14,910,048 40,406,230 1.30
    Dyno Nobel Ltd DNL AU 13,150,477 40,240,460 1.29
    Nextdc Ltd NXT AU 3,111,281 39,855,510 1.28
    Technology One Ltd TNE AU 1,510,145 39,747,016 1.28
    Northern Star Resources Ltd NST AU 1,570,061 39,738,244 1.28
    Vicinity Centres VCX AU 17,213,225 39,418,285 1.26
    Goodman Group GMG AU 1,445,698 39,366,357 1.26
    Cleanaway Waste Management Ltd CWY AU 16,223,960 39,261,983 1.26
    Seven Group Holdings Ltd SGH AU 943,506 39,230,979 1.26
    Orica Ltd ORI AU 1,801,896 39,029,067 1.25
    Mirvac Group MGR AU 21,066,932 38,868,490 1.25
    Wesfarmers Ltd WES AU 522,127 38,830,585 1.25
    Medibank Pvt Ltd MPL AU 9,086,809 37,982,862 1.22
    Dexus DXS AU 6,031,986 37,518,953 1.20
    Rea Group Ltd REA AU 222,119 37,511,457 1.20
    Qantas Airways Ltd QAN AU 4,388,035 37,386,058 1.20
    Asx Ltd ASX AU 738,351 37,345,794 1.20
    Scentre Group SCG AU 10,586,132 37,051,462 1.19
    Gpt Group/The GPT AU 7,885,389 36,824,767 1.18
    Jb Hi-Fi Ltd JBH AU 466,503 36,438,549 1.17
    Computershare Ltd CPU AU 1,230,946 36,337,526 1.17
    Steadfast Group Ltd SDF AU 8,502,919 35,882,318 1.15
    Fortescue Metals Group Ltd FMG AU 1,868,690 35,598,545 1.14
    Suncorp Group Ltd SUN AU 2,487,929 35,079,799 1.13
    Insurance Australia Group Ltd IAG AU 5,401,087 34,945,033 1.12
    Worley Ltd WOR AU 3,308,166 34,801,906 1.12
    Stockland SGP AU 7,275,694 34,486,790 1.11
    Carsales.Com Ltd CAR AU 1,329,081 34,343,453 1.10
    Charter Hall Group CHC AU 1,716,439 34,208,629 1.10
    Aristocrat Leisure Ltd ALL AU 731,974 33,641,525 1.08
    Csl Ltd CSL AU 233,135 33,156,460 1.06
    Treasury Wine Estates Ltd TWE AU 7,629,645 31,510,434 1.01
    Telix Pharmaceuticals Ltd TLX AU 3,024,612 30,851,042 0.99
    Seek Ltd SEK AU 1,808,049 29,670,084 0.95
    Wisetech Global Ltd WTC AU 583,419 29,556,007 0.95
    Cochlear Ltd COH AU 161,449 29,088,266 0.93
    Pro Medicus Ltd PME AU 178,302 23,446,713 0.75
    Other/Cash --   30,094 0.00
    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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