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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
      $38.35

      as at 05-Feb-26
    • Total Net Assets
      $3.23B
    • 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 04-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 12,193,243 58,405,634 1.81
    Whitehaven Coal Ltd WHC AU 5,668,211 54,188,097 1.68
    Lynas Rare Earths Ltd LYC AU 3,284,632 52,586,958 1.63
    Evolution Mining Ltd EVN AU 3,452,245 51,852,720 1.61
    Bluescope Steel Ltd BSL AU 1,766,837 51,715,319 1.60
    Reece Ltd REH AU 3,463,646 49,945,775 1.55
    Bhp Group Ltd BHP AU 941,730 49,346,652 1.53
    Rio Tinto Ltd RIO AU 305,052 48,634,440 1.51
    Als Ltd ALQ AU 1,969,238 48,266,023 1.49
    Santos Ltd STO AU 6,668,483 46,946,120 1.45
    Sigma Healthcare Ltd SIG AU 14,769,281 46,670,928 1.44
    Macquarie Group Ltd MQG AU 216,626 46,321,138 1.43
    Orica Ltd ORI AU 1,784,884 45,942,914 1.42
    Bank Of Queensland Ltd BOQ AU 6,584,734 45,895,596 1.42
    Bendigo & Adelaide Bank Ltd BEN AU 4,064,414 45,805,946 1.42
    Mineral Resources Ltd MIN AU 812,411 45,210,672 1.40
    National Australia Bank Ltd NAB AU 1,024,041 44,986,121 1.39
    Perseus Mining Ltd PRU AU 7,899,202 44,946,459 1.39
    Qantas Airways Ltd QAN AU 4,346,610 44,552,753 1.38
    Washington H Soul Pattinson & Co Ltd SOL AU 1,178,226 44,442,685 1.38
    Northern Star Resources Ltd NST AU 1,555,237 44,402,016 1.37
    Woolworths Group Ltd WOW AU 1,420,895 44,331,924 1.37
    Westpac Banking Corp WBC AU 1,110,826 44,310,849 1.37
    Anz Group Holdings Ltd ANZ AU 1,189,923 44,110,446 1.37
    Goodman Group GMG AU 1,432,051 44,049,889 1.36
    Worley Ltd WOR AU 3,276,934 43,910,916 1.36
    Woodside Energy Group Ltd WDS AU 1,698,857 43,898,465 1.36
    Wesfarmers Ltd WES AU 517,197 43,656,599 1.35
    Seven Group Holdings Ltd SGH AU 934,598 43,262,541 1.34
    Pilbara Minerals Ltd PLS AU 9,986,849 43,243,056 1.34
    Qbe Insurance Group Ltd QBE AU 2,188,043 43,213,849 1.34
    Vicinity Centres VCX AU 17,050,716 42,967,804 1.33
    Aurizon Holdings Ltd AZJ AU 11,848,802 42,892,663 1.33
    Dyno Nobel Ltd DNL AU 13,026,322 42,856,599 1.33
    Commonwealth Bank Of Australia CBA AU 272,688 42,828,377 1.33
    Qube Holdings Ltd QUB AU 8,943,446 42,570,803 1.32
    Endeavour Group Ltd/Australia EDV AU 11,555,029 42,291,406 1.31
    Telstra Group Ltd TLS AU 8,560,152 42,201,549 1.31
    Steadfast Group Ltd SDF AU 8,422,645 42,113,225 1.30
    Scentre Group SCG AU 10,486,191 42,049,626 1.30
    Csl Ltd CSL AU 230,934 41,960,708 1.30
    Ramsay Health Care Ltd RHC AU 1,179,881 41,956,568 1.30
    Medibank Pvt Ltd MPL AU 9,001,020 41,584,712 1.29
    Cochlear Ltd COH AU 159,924 41,581,839 1.29
    Coles Group Ltd COL AU 1,917,037 41,580,533 1.29
    Lottery Corp Ltd/The TLC AU 8,020,029 41,543,750 1.29
    Mirvac Group MGR AU 20,868,037 41,214,373 1.28
    Sonic Healthcare Ltd SHL AU 1,823,685 41,160,570 1.27
    Suncorp Group Ltd SUN AU 2,464,440 41,156,148 1.27
    Asx Ltd ASX AU 731,379 41,140,069 1.27
    Atlas Arteria Ltd ALX AU 8,720,324 41,072,726 1.27
    Insurance Australia Group Ltd IAG AU 5,350,098 41,035,252 1.27
    Brambles Ltd BXB AU 1,835,656 40,990,198 1.27
    Agl Energy Ltd AGL AU 4,529,670 40,902,920 1.27
    Apa Group APA AU 4,609,317 40,884,642 1.27
    Origin Energy Ltd ORG AU 3,650,542 40,594,027 1.26
    Gpt Group/The GPT AU 7,810,940 40,538,779 1.25
    Fortescue Metals Group Ltd FMG AU 1,851,047 40,056,657 1.24
    Transurban Group TCL AU 2,859,221 39,800,356 1.23
    Nextdc Ltd NXT AU 3,081,908 39,602,518 1.23
    Dexus DXS AU 5,975,037 39,375,494 1.22
    Charter Hall Group CHC AU 1,700,232 39,275,359 1.22
    Rea Group Ltd REA AU 220,024 39,109,266 1.21
    Treasury Wine Estates Ltd TWE AU 7,557,614 38,997,288 1.21
    Cleanaway Waste Management Ltd CWY AU 16,070,789 38,730,601 1.20
    Computershare Ltd CPU AU 1,219,324 38,555,025 1.19
    Jb Hi-Fi Ltd JBH AU 462,096 38,353,968 1.19
    Stockland SGP AU 7,207,005 38,125,056 1.18
    Ampol Ltd ALD AU 1,314,058 37,897,433 1.17
    Aristocrat Leisure Ltd ALL AU 725,060 37,565,359 1.16
    Seek Ltd SEK AU 1,790,980 34,494,275 1.07
    Technology One Ltd TNE AU 1,495,890 33,881,909 1.05
    Carsales.Com Ltd CAR AU 1,316,535 33,808,619 1.05
    Telix Pharmaceuticals Ltd TLX AU 2,996,055 30,320,077 0.94
    Wisetech Global Ltd WTC AU 577,909 29,617,836 0.92
    Pro Medicus Ltd PME AU 176,618 29,380,404 0.91
    Other/Cash --   1,072,059 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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