au en false false Default
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
      $38.37

      as at 15-Apr-26
    • Total Net Assets
      $3.21B
    • 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.

    Performance

    Holdings & allocations

    All holdings (%) as at 15-Apr-26 Download all holdings

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Asx Ltd ASX AU 849,218 49,602,823 1.54
    Macquarie Group Ltd MQG AU 209,040 49,151,575 1.53
    Worley Ltd WOR AU 4,130,121 47,661,596 1.48
    Washington H Soul Pattinson & Co Ltd SOL AU 1,094,338 47,428,609 1.48
    Ampol Ltd ALD AU 1,429,112 47,346,481 1.47
    Medibank Pvt Ltd MPL AU 10,155,710 47,224,052 1.47
    Rio Tinto Ltd RIO AU 270,728 47,057,941 1.46
    Bendigo & Adelaide Bank Ltd BEN AU 4,196,076 46,996,051 1.46
    Vicinity Centres VCX AU 18,440,625 46,839,188 1.46
    Coles Group Ltd COL AU 2,066,077 46,817,305 1.46
    Suncorp Group Ltd SUN AU 2,801,110 46,274,337 1.44
    Pilbara Minerals Ltd PLS AU 8,580,524 46,249,024 1.44
    Qbe Insurance Group Ltd QBE AU 2,019,438 46,184,547 1.44
    Woodside Energy Group Ltd WDS AU 1,382,132 45,831,497 1.43
    Bluescope Steel Ltd BSL AU 1,604,751 45,719,356 1.42
    Insurance Australia Group Ltd IAG AU 6,111,142 45,589,119 1.42
    Bhp Group Ltd BHP AU 809,178 45,402,978 1.41
    Bank Of Queensland Ltd BOQ AU 6,173,952 45,255,068 1.41
    Apa Group APA AU 4,610,153 45,041,195 1.40
    Dyno Nobel Ltd DNL AU 14,061,736 44,997,555 1.40
    Agl Energy Ltd AGL AU 4,661,271 44,654,976 1.39
    South32 Ltd S32 AU 9,643,265 44,648,317 1.39
    Technology One Ltd TNE AU 1,549,181 44,631,905 1.39
    Commonwealth Bank Of Australia CBA AU 243,503 44,607,315 1.39
    Telstra Group Ltd TLS AU 8,195,824 44,175,491 1.38
    Goodman Group GMG AU 1,553,178 44,110,255 1.37
    Origin Energy Ltd ORG AU 3,615,193 44,069,203 1.37
    Santos Ltd STO AU 5,697,104 44,038,614 1.37
    Aristocrat Leisure Ltd ALL AU 921,617 43,942,699 1.37
    Fortescue Metals Group Ltd FMG AU 2,104,335 43,707,038 1.36
    Lottery Corp Ltd/The TLC AU 7,814,987 43,607,627 1.36
    Qantas Airways Ltd QAN AU 4,766,953 43,331,603 1.35
    Aurizon Holdings Ltd AZJ AU 10,537,504 43,309,141 1.35
    Nextdc Ltd NXT AU 3,234,200 43,305,938 1.35
    Charter Hall Group CHC AU 2,103,288 43,201,536 1.34
    Woolworths Group Ltd WOW AU 1,173,777 43,136,305 1.34
    Perseus Mining Ltd PRU AU 7,644,480 43,114,867 1.34
    Orica Ltd ORI AU 2,080,382 42,939,084 1.34
    Evolution Mining Ltd EVN AU 2,971,350 42,936,008 1.34
    Steadfast Group Ltd SDF AU 10,034,515 42,847,379 1.33
    Computershare Ltd CPU AU 1,434,972 42,790,865 1.33
    Qube Holdings Ltd QUB AU 8,476,727 42,383,635 1.32
    Anz Group Holdings Ltd ANZ AU 1,107,024 42,310,457 1.32
    Scentre Group SCG AU 11,877,002 42,282,127 1.32
    Pro Medicus Ltd PME AU 307,361 42,237,549 1.31
    Lynas Rare Earths Ltd LYC AU 2,041,989 41,983,294 1.31
    Sigma Healthcare Ltd SIG AU 15,457,585 41,735,480 1.30
    Westpac Banking Corp WBC AU 1,024,730 41,696,264 1.30
    Gpt Group/The GPT AU 9,003,129 41,684,487 1.30
    Seven Group Holdings Ltd SGH AU 1,002,251 41,503,214 1.29
    Brambles Ltd BXB AU 1,859,555 41,375,099 1.29
    Wesfarmers Ltd WES AU 554,609 41,251,817 1.28
    Csl Ltd CSL AU 294,886 41,118,904 1.28
    Whitehaven Coal Ltd WHC AU 4,827,172 41,030,962 1.28
    Als Ltd ALQ AU 1,840,827 40,737,502 1.27
    Mineral Resources Ltd MIN AU 696,915 40,644,083 1.27
    Dexus DXS AU 6,727,144 40,564,678 1.26
    Ramsay Health Care Ltd RHC AU 996,082 40,371,203 1.26
    Rea Group Ltd REA AU 248,068 40,144,844 1.25
    Sonic Healthcare Ltd SHL AU 1,954,649 39,992,119 1.24
    Jb Hi-Fi Ltd JBH AU 534,172 39,710,346 1.24
    Transurban Group TCL AU 2,931,987 39,699,104 1.24
    Cleanaway Waste Management Ltd CWY AU 17,373,806 39,612,278 1.23
    National Australia Bank Ltd NAB AU 888,324 39,548,184 1.23
    Ramelius Resources Ltd RMS AU 9,732,542 39,514,121 1.23
    Cochlear Ltd COH AU 229,237 39,428,764 1.23
    Carsales.Com Ltd CAR AU 1,636,609 39,327,714 1.22
    Atlas Arteria Ltd ALX AU 9,200,126 39,284,538 1.22
    Seek Ltd SEK AU 2,710,811 38,900,138 1.21
    Mirvac Group MGR AU 22,187,133 38,827,483 1.21
    Northern Star Resources Ltd NST AU 1,571,760 38,806,754 1.21
    Reece Ltd REH AU 2,784,415 38,591,992 1.20
    Stockland SGP AU 8,870,162 37,432,084 1.17
    Endeavour Group Ltd/Australia EDV AU 10,753,102 34,732,519 1.08
    Wisetech Global Ltd WTC AU 853,872 34,120,725 1.06
    Other/Cash --   20,531 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/
    Exchange Traded Funds (ETFs)
    Information about
    Education
    Connect with us