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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
      $38.40

      as at 03-Mar-26
    • Total Net Assets
      $3.22B
    • 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 03-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 3,291,763 62,675,168 1.95
    Evolution Mining Ltd EVN AU 3,459,738 58,365,780 1.81
    South32 Ltd S32 AU 12,219,712 55,844,084 1.73
    Bhp Group Ltd BHP AU 943,777 54,455,933 1.69
    Reece Ltd REH AU 3,471,165 53,525,364 1.66
    Woolworths Group Ltd WOW AU 1,423,977 52,544,751 1.63
    Woodside Energy Group Ltd WDS AU 1,702,544 51,893,541 1.61
    Rio Tinto Ltd RIO AU 305,715 50,556,090 1.57
    Als Ltd ALQ AU 1,973,512 50,502,172 1.57
    Ramsay Health Care Ltd RHC AU 1,182,442 50,360,205 1.56
    Aurizon Holdings Ltd AZJ AU 11,874,523 48,923,035 1.52
    National Australia Bank Ltd NAB AU 1,026,265 48,891,265 1.52
    Santos Ltd STO AU 6,682,959 48,651,942 1.51
    Perseus Mining Ltd PRU AU 7,916,349 48,052,238 1.49
    Pilbara Minerals Ltd PLS AU 10,008,526 48,040,925 1.49
    Northern Star Resources Ltd NST AU 1,558,614 47,865,036 1.49
    Bluescope Steel Ltd BSL AU 1,770,674 47,631,131 1.48
    Commonwealth Bank Of Australia CBA AU 273,279 47,545,080 1.48
    Qbe Insurance Group Ltd QBE AU 2,192,791 47,364,286 1.47
    Anz Group Holdings Ltd ANZ AU 1,192,505 46,984,697 1.46
    Westpac Banking Corp WBC AU 1,113,237 46,533,307 1.44
    Whitehaven Coal Ltd WHC AU 5,680,515 46,523,418 1.44
    Bank Of Queensland Ltd BOQ AU 6,599,028 46,127,206 1.43
    Endeavour Group Ltd/Australia EDV AU 11,580,113 46,088,850 1.43
    Brambles Ltd BXB AU 1,839,642 45,991,050 1.43
    Mineral Resources Ltd MIN AU 814,174 45,626,311 1.42
    Dyno Nobel Ltd DNL AU 13,054,600 45,560,554 1.41
    Washington H Soul Pattinson & Co Ltd SOL AU 1,180,781 44,952,333 1.40
    Telstra Group Ltd TLS AU 8,578,737 44,695,220 1.39
    Qube Holdings Ltd QUB AU 8,962,859 44,455,781 1.38
    Agl Energy Ltd AGL AU 4,539,504 44,441,744 1.38
    Origin Energy Ltd ORG AU 3,658,469 43,865,043 1.36
    Lottery Corp Ltd/The TLC AU 8,037,440 43,804,048 1.36
    Bendigo & Adelaide Bank Ltd BEN AU 4,073,237 43,502,171 1.35
    Seven Group Holdings Ltd SGH AU 936,627 43,459,493 1.35
    Sonic Healthcare Ltd SHL AU 1,827,644 43,205,504 1.34
    Apa Group APA AU 4,619,320 42,913,483 1.33
    Macquarie Group Ltd MQG AU 217,093 42,652,262 1.32
    Orica Ltd ORI AU 1,788,758 42,608,216 1.32
    Nextdc Ltd NXT AU 3,088,597 41,696,060 1.29
    Atlas Arteria Ltd ALX AU 8,739,254 41,598,849 1.29
    Transurban Group TCL AU 2,865,427 41,462,729 1.29
    Mirvac Group MGR AU 20,913,339 41,408,411 1.29
    Vicinity Centres VCX AU 17,087,728 41,181,424 1.28
    Coles Group Ltd COL AU 1,921,198 41,036,789 1.27
    Cleanaway Waste Management Ltd CWY AU 16,105,675 40,908,415 1.27
    Goodman Group GMG AU 1,435,159 40,428,429 1.25
    Sigma Healthcare Ltd SIG AU 14,801,342 40,407,664 1.25
    Qantas Airways Ltd QAN AU 4,356,043 40,249,837 1.25
    Wesfarmers Ltd WES AU 518,321 40,035,114 1.24
    Scentre Group SCG AU 10,508,953 39,723,842 1.23
    Medibank Pvt Ltd MPL AU 9,020,560 39,690,464 1.23
    Ampol Ltd ALD AU 1,316,911 39,480,992 1.23
    Dexus DXS AU 5,988,007 39,401,086 1.22
    Asx Ltd ASX AU 732,970 38,840,080 1.21
    Gpt Group/The GPT AU 7,827,898 38,043,584 1.18
    Computershare Ltd CPU AU 1,221,971 37,331,214 1.16
    Worley Ltd WOR AU 3,284,048 37,175,423 1.15
    Technology One Ltd TNE AU 1,499,137 37,133,623 1.15
    Charter Hall Group CHC AU 1,703,924 36,600,288 1.14
    Jb Hi-Fi Ltd JBH AU 463,102 36,557,272 1.13
    Fortescue Metals Group Ltd FMG AU 1,855,067 36,322,212 1.13
    Steadfast Group Ltd SDF AU 8,440,926 35,873,936 1.11
    Rea Group Ltd REA AU 220,498 35,628,067 1.11
    Suncorp Group Ltd SUN AU 2,469,789 35,540,264 1.10
    Insurance Australia Group Ltd IAG AU 5,361,711 35,440,910 1.10
    Stockland SGP AU 7,222,648 35,318,749 1.10
    Treasury Wine Estates Ltd TWE AU 7,574,020 34,158,830 1.06
    Csl Ltd CSL AU 231,436 33,613,765 1.04
    Aristocrat Leisure Ltd ALL AU 726,635 33,468,808 1.04
    Carsales.Com Ltd CAR AU 1,319,391 32,971,581 1.02
    Cochlear Ltd COH AU 160,271 30,871,400 0.96
    Telix Pharmaceuticals Ltd TLX AU 3,002,558 29,635,247 0.92
    Seek Ltd SEK AU 1,794,868 28,305,068 0.88
    Wisetech Global Ltd WTC AU 579,165 25,633,843 0.80
    Pro Medicus Ltd PME AU 177,000 20,227,560 0.63
    Other/Cash --   1,280,745 0.04
    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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