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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
      $38.97

      as at 19-Jun-26
    • Total Net Assets
      $3.30B
    • 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.
      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 standalone solution or major, 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 standalone solution or 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 growth 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 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.

    Performance

    Holdings & allocations

    All holdings (%) as at 22-Jun-26 Download all holdings

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Evolution Mining Ltd EVN AU 4,015,117 52,035,916 1.58
    Perseus Mining Ltd PRU AU 9,225,312 50,093,444 1.52
    Greatland Resources Ltd GGP AU 3,663,453 50,079,403 1.52
    Northern Star Resources Ltd NST AU 2,323,744 49,263,373 1.50
    Ramelius Resources Ltd RMS AU 15,277,379 48,734,839 1.48
    Lynas Rare Earths Ltd LYC AU 2,553,776 47,551,309 1.45
    Csl Ltd CSL AU 418,477 47,237,684 1.44
    Qantas Airways Ltd QAN AU 4,622,555 46,641,580 1.42
    Pro Medicus Ltd PME AU 266,631 46,564,438 1.42
    Asx Ltd ASX AU 893,822 46,523,435 1.42
    Cochlear Ltd COH AU 410,580 46,383,223 1.41
    Aristocrat Leisure Ltd ALL AU 815,642 46,140,868 1.40
    Charter Hall Group CHC AU 2,006,624 45,851,358 1.40
    Brambles Ltd BXB AU 2,393,456 45,810,748 1.39
    Seven Group Holdings Ltd SGH AU 1,025,767 45,718,435 1.39
    Endeavour Group Ltd/Australia EDV AU 13,764,284 45,559,780 1.39
    Stockland SGP AU 10,851,942 45,361,118 1.38
    Reece Ltd REH AU 2,786,689 45,200,096 1.38
    Insurance Australia Group Ltd IAG AU 5,474,232 44,998,187 1.37
    Macquarie Group Ltd MQG AU 181,422 44,978,142 1.37
    Qbe Insurance Group Ltd QBE AU 1,839,548 44,940,158 1.37
    National Australia Bank Ltd NAB AU 1,185,858 44,908,442 1.37
    Suncorp Group Ltd SUN AU 2,358,085 44,803,615 1.36
    Mineral Resources Ltd MIN AU 671,272 44,726,853 1.36
    Ramsay Health Care Ltd RHC AU 1,121,057 44,595,647 1.36
    Wesfarmers Ltd WES AU 516,635 44,508,105 1.35
    Bendigo & Adelaide Bank Ltd BEN AU 4,182,739 44,378,861 1.35
    Woolworths Group Ltd WOW AU 1,144,890 44,135,510 1.34
    Mirvac Group MGR AU 25,194,274 44,089,980 1.34
    Jb Hi-Fi Ltd JBH AU 566,722 44,062,636 1.34
    Bluescope Steel Ltd BSL AU 1,313,883 44,015,081 1.34
    Anz Group Holdings Ltd ANZ AU 1,246,592 43,942,368 1.34
    Commonwealth Bank Of Australia CBA AU 268,861 43,934,576 1.34
    Scentre Group SCG AU 11,397,410 43,880,029 1.34
    Lottery Corp Ltd/The TLC AU 7,890,514 43,871,258 1.33
    Gpt Group/The GPT AU 8,703,476 43,865,519 1.33
    Dexus DXS AU 7,584,896 43,840,699 1.33
    Washington H Soul Pattinson & Co Ltd SOL AU 988,804 43,794,129 1.33
    Qube Holdings Ltd QUB AU 8,548,057 43,766,052 1.33
    Medibank Pvt Ltd MPL AU 8,901,283 43,705,300 1.33
    Computershare Ltd CPU AU 1,189,131 43,688,673 1.33
    Bank Of Queensland Ltd BOQ AU 6,926,400 43,497,792 1.32
    Als Ltd ALQ AU 1,894,556 43,366,387 1.32
    Atlas Arteria Ltd ALX AU 8,480,750 43,251,825 1.32
    Vicinity Centres VCX AU 16,828,988 43,250,499 1.32
    Agl Energy Ltd AGL AU 5,015,391 43,232,670 1.32
    Bhp Group Ltd BHP AU 715,651 43,182,381 1.31
    Sigma Healthcare Ltd SIG AU 15,609,496 43,082,209 1.31
    Coles Group Ltd COL AU 1,815,517 43,009,598 1.31
    Fortescue Metals Group Ltd FMG AU 2,191,364 42,950,734 1.31
    Carsales.Com Ltd CAR AU 1,599,785 42,922,232 1.31
    Goodman Group GMG AU 1,359,489 42,891,878 1.31
    Orica Ltd ORI AU 1,869,888 42,745,640 1.30
    Westpac Banking Corp WBC AU 1,216,668 42,729,380 1.30
    Dyno Nobel Ltd DNL AU 11,248,618 42,632,262 1.30
    Origin Energy Ltd ORG AU 3,916,564 42,259,726 1.29
    Rio Tinto Ltd RIO AU 240,093 42,253,967 1.29
    Apa Group APA AU 4,083,622 42,102,143 1.28
    Sonic Healthcare Ltd SHL AU 2,124,369 42,083,750 1.28
    Nextdc Ltd NXT AU 2,845,588 42,057,791 1.28
    Telstra Group Ltd TLS AU 8,317,029 41,917,826 1.28
    Transurban Group TCL AU 2,772,343 41,917,826 1.28
    Worley Ltd WOR AU 3,378,997 41,561,663 1.26
    Pilbara Minerals Ltd PLS AU 7,479,550 41,361,912 1.26
    Aurizon Holdings Ltd AZJ AU 9,836,121 41,311,708 1.26
    Seek Ltd SEK AU 3,193,640 41,166,020 1.25
    Steadfast Group Ltd SDF AU 8,007,845 40,920,088 1.25
    Whitehaven Coal Ltd WHC AU 4,906,857 40,579,707 1.23
    Technology One Ltd TNE AU 1,353,935 40,414,960 1.23
    Woodside Energy Group Ltd WDS AU 1,387,958 39,931,552 1.21
    South32 Ltd S32 AU 9,616,564 39,908,741 1.21
    Santos Ltd STO AU 5,446,550 39,759,815 1.21
    Ampol Ltd ALD AU 1,175,183 39,145,346 1.19
    Rea Group Ltd REA AU 288,310 39,143,849 1.19
    Wisetech Global Ltd WTC AU 1,132,253 34,058,170 1.04
    Other/Cash --   1,911,879 0.06
    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 Plans”.

    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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