MVW - VanEck Equal Weight ETF | Australian Equities | Snapshot
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VanEck Australian Equal Weight ETF MVW

Fund description: MVW gives investors exposure to a diversified portfolio of ASX-listed securities. MVW aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MVIS Australia Equal Weight Index is a pure-play rules-based index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies across all sectors, including offshore companies which generate at least 50% of their revenues or assets from the Australian market.  Companies in the Index are weighted equally.

Management style: Replication

Country of domicile: Australia

 as at 05-Jul-22

  • Exchange

    ASX

  • ASX code

    MVW

  • Bloomberg index code

    MVMVWTRG

  • Index provider

    MarketVector Indexes

  • NAV1

    $30.15

  • Units outstanding1

    51,632,765

  • Net assets1

    $1.6B

  • Number of holdings1

    86

  • Inception date2

    04-Mar-14

  • ASX commencement

    06-Mar-14

1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

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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

Trading information

  • ASX code

    MVW

  • IRESS code

    MVW.AXW

  • ASX iNAV code

    YMVW

  • IRESS iNAV code

    YMVW.ASX

  • Units outstanding

    51,632,765

  • ISIN

    AU000000MVW8

Fees and other costs  

  • Management costs p.a.

    0.35%

Key risks

An investment in the ETF carries risks associated with: financial markets generally, individual company management, industry sectors, fund operations and tracking an index. See the PDS for details.

Prices as at  05-Jul-22

NAV/
Last trade		 Volume:
30-day avg/
Previous day		 Daily change: NAV/
Last trade		 YTD change:
NAV/
Last trade		 Premium/
Discount		 Premium/
Discount
Distribution charts		 NAV &
Premium /Discount
History		 NAV
Chart
MVW $30.15
$30.30		 80,566
58,886		 $0.02 / +0.06%
$0.17 / +0.56%		 -12.19%
-11.77%
 $0.15
+0.51%

Performance history (%) View all ETFs » View all indices »

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return -3.54 2.11 -1.49 4.23 3.93 5.10 -- 6.42
Income return 0.00 0.00 1.49 2.68 3.38 3.35 -- 2.93
Total return -3.54 2.11 0.00 6.91 7.31 8.45 -- 9.35
Index (MVMVWTRG) -3.51 2.20 0.12 7.23 7.68 8.85 12.01 9.71
S&P/ASX 200 Index -2.60 3.21 1.44 4.84 7.85 8.84 10.37 7.88
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 5.40 0.47 1.94 11.62 6.30 5.93 -- 6.98
Income return 0.00 0.00 1.55 2.87 3.45 3.37 -- 3.00
Total return 5.40 0.47 3.49 14.49 9.75 9.30 -- 9.98
Index (MVMVWTRG) 5.44 0.56 3.61 14.84 10.14 9.70 11.69 10.35
S&P/ASX 200 Index 6.89 2.24 4.38 14.97 10.59 9.22 10.15 8.52
The tables above show past performance of the ETF from 4 March 2014. Index performance shown prior to 29 November 2013 is simulated based on the current Index methodology. Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.
The S&P/ASX 200 Index is shown for comparison purposes as it is the widely recognised benchmark used to measure the performance of the broad Australian equities market. It includes the 200 largest ASX-listed companies, weighted by market capitalisation. MVW’s index measures the performance of the largest and most liquid ASX-listed companies, weighted equally at rebalance. MVW’s index has fewer companies and different industry allocations than the S&P/ASX 200.

Top ten holdings (%) View all daily holdings » as at 31-May-22

No. of holdings: 90
Security name
ASX code
 No. of securities held Market value % of Fund net
assets
ALLKEM LTD
AKE AU
 1,905,844 26,129,121 1.52
MINERAL RESOURCES LTD
MIN AU
 399,057 25,479,789 1.48
RAMSAY HEALTH CARE LTD
RHC AU
 311,791 24,372,702 1.42
AMP LTD
AMP AU
 20,764,218 22,736,819 1.32
AGL ENERGY LTD
AGL AU
 2,563,659 22,457,653 1.31
QANTAS AIRWAYS LTD
QAN AU
 4,032,536 22,219,273 1.29
AMPOL LTD
ALD AU
 662,844 22,112,476 1.29
WORLEY LTD
WOR AU
 1,496,148 22,053,222 1.29
NIB HOLDINGS LTD/AUSTRALIA
NHF AU
 2,978,069 22,007,930 1.28
ORIGIN ENERGY LTD
ORG AU
 3,206,761 21,966,313 1.28
Top ten total (%) 13.48
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-May-22

  • Country

    Weightings (%)

  • Australia

    100.0

  • Other/Cash

    0.0

  • Total

    100.0

Sector weightings (%) as at 31-May-22

  • Sector

    Weightings (%)

  • Financials

    19.1

  • Materials

    18.8

  • Industrials

    11.6

  • Real Estate

    9.7

  • Consumer Discretionary

    9.2

  • Health Care

    6.1

  • Energy

    6.0

  • Consumer Staples

    5.4

  • Communication Services

    5.0

  • Information Technology

    4.3

  • Utilities

    3.9

  • n/a

    1.0

  • Other/Cash

    0.0

  • Total

    100.1