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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
      $38.53

      as at 11-Feb-26
    • Total Net Assets
      $3.25B
    • 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 11-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 12,222,208 56,955,489 1.75
    Evolution Mining Ltd EVN AU 3,460,445 56,336,045 1.73
    Reece Ltd REH AU 3,471,874 52,911,360 1.63
    Lynas Rare Earths Ltd LYC AU 3,292,436 51,888,791 1.60
    Bluescope Steel Ltd BSL AU 1,771,033 51,271,405 1.58
    Rio Tinto Ltd RIO AU 305,776 50,318,499 1.55
    Whitehaven Coal Ltd WHC AU 5,681,675 50,226,007 1.54
    Als Ltd ALQ AU 1,973,915 48,597,787 1.49
    Bhp Group Ltd BHP AU 943,966 48,208,344 1.48
    Macquarie Group Ltd MQG AU 217,142 47,836,383 1.47
    Seven Group Holdings Ltd SGH AU 936,818 47,693,404 1.47
    National Australia Bank Ltd NAB AU 1,026,473 46,694,257 1.44
    Bendigo & Adelaide Bank Ltd BEN AU 4,074,070 46,362,917 1.43
    Commonwealth Bank Of Australia CBA AU 273,336 46,346,852 1.42
    Santos Ltd STO AU 6,684,323 46,322,358 1.42
    Perseus Mining Ltd PRU AU 7,917,966 46,240,921 1.42
    Bank Of Queensland Ltd BOQ AU 6,600,378 46,202,646 1.42
    Sigma Healthcare Ltd SIG AU 14,804,365 45,893,532 1.41
    Orica Ltd ORI AU 1,789,124 45,873,139 1.41
    Wesfarmers Ltd WES AU 518,425 45,693,980 1.40
    Qantas Airways Ltd QAN AU 4,356,934 45,486,391 1.40
    Woolworths Group Ltd WOW AU 1,424,271 45,220,604 1.39
    Washington H Soul Pattinson & Co Ltd SOL AU 1,181,026 45,186,055 1.39
    Ramsay Health Care Ltd RHC AU 1,182,685 44,930,203 1.38
    Agl Energy Ltd AGL AU 4,540,430 44,904,853 1.38
    Westpac Banking Corp WBC AU 1,113,466 44,839,276 1.38
    Woodside Energy Group Ltd WDS AU 1,702,893 44,377,392 1.36
    Worley Ltd WOR AU 3,284,718 44,376,540 1.36
    Anz Group Holdings Ltd ANZ AU 1,192,751 44,370,337 1.36
    Goodman Group GMG AU 1,435,451 44,240,600 1.36
    Endeavour Group Ltd/Australia EDV AU 11,582,477 44,129,237 1.36
    Qube Holdings Ltd QUB AU 8,964,690 44,106,275 1.36
    Northern Star Resources Ltd NST AU 1,558,933 44,055,447 1.35
    Qbe Insurance Group Ltd QBE AU 2,193,239 43,798,983 1.35
    Dyno Nobel Ltd DNL AU 13,057,266 43,741,841 1.34
    Vicinity Centres VCX AU 17,091,220 43,582,611 1.34
    Aurizon Holdings Ltd AZJ AU 11,876,950 43,232,098 1.33
    Mineral Resources Ltd MIN AU 814,339 43,054,103 1.32
    Nextdc Ltd NXT AU 3,089,228 42,940,269 1.32
    Pilbara Minerals Ltd PLS AU 10,010,573 42,745,147 1.31
    Brambles Ltd BXB AU 1,840,016 42,504,370 1.31
    Lottery Corp Ltd/The TLC AU 8,039,081 42,044,394 1.29
    Telstra Group Ltd TLS AU 8,580,488 41,872,781 1.29
    Coles Group Ltd COL AU 1,921,590 41,813,798 1.29
    Scentre Group SCG AU 10,511,100 41,413,734 1.27
    Medibank Pvt Ltd MPL AU 9,022,401 41,322,597 1.27
    Atlas Arteria Ltd ALX AU 8,741,040 41,082,888 1.26
    Mirvac Group MGR AU 20,917,609 40,998,514 1.26
    Apa Group APA AU 4,620,265 40,935,548 1.26
    Fortescue Metals Group Ltd FMG AU 1,855,443 40,931,073 1.26
    Cochlear Ltd COH AU 160,304 40,843,856 1.26
    Asx Ltd ASX AU 733,115 40,599,909 1.25
    Origin Energy Ltd ORG AU 3,659,214 40,507,499 1.25
    Sonic Healthcare Ltd SHL AU 1,828,017 40,161,533 1.23
    Treasury Wine Estates Ltd TWE AU 7,575,566 40,150,500 1.23
    Gpt Group/The GPT AU 7,829,496 39,930,430 1.23
    Suncorp Group Ltd SUN AU 2,470,296 39,895,280 1.23
    Charter Hall Group CHC AU 1,704,272 39,726,580 1.22
    Transurban Group TCL AU 2,866,013 39,694,280 1.22
    Insurance Australia Group Ltd IAG AU 5,362,806 39,094,856 1.20
    Cleanaway Waste Management Ltd CWY AU 16,108,965 38,983,695 1.20
    Ampol Ltd ALD AU 1,317,178 38,948,953 1.20
    Steadfast Group Ltd SDF AU 8,442,653 38,582,924 1.19
    Dexus DXS AU 5,989,230 38,570,641 1.19
    Aristocrat Leisure Ltd ALL AU 726,784 38,541,356 1.18
    Computershare Ltd CPU AU 1,222,220 38,243,264 1.18
    Rea Group Ltd REA AU 220,548 38,121,722 1.17
    Csl Ltd CSL AU 231,482 37,833,418 1.16
    Stockland SGP AU 7,224,125 37,420,968 1.15
    Jb Hi-Fi Ltd JBH AU 463,192 37,171,158 1.14
    Carsales.Com Ltd CAR AU 1,319,663 35,630,901 1.10
    Technology One Ltd TNE AU 1,499,442 34,951,993 1.07
    Seek Ltd SEK AU 1,795,236 33,301,628 1.02
    Pro Medicus Ltd PME AU 177,038 30,002,630 0.92
    Wisetech Global Ltd WTC AU 579,281 29,508,574 0.91
    Telix Pharmaceuticals Ltd TLX AU 3,003,171 29,280,917 0.90
    Other/Cash --   857,663 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.  

    MVWAU /blog/australian-equity/
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