MVW - VanEck Equal Weight ETF | Australian Equities
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VanEck Vectors 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

 as at 08-Apr-20

  • Exchange

    ASX
  • ASX code

    MVW
  • Bloomberg index code

    MVMVWTRG
  • Index provider

    MV Index Solutions
  • NAV1

    $23.40
  • Units outstanding1

    37,855,319
  • Net assets1

    $885.8M
  • Number of holdings1

    87
  • 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.

Key points

  • Invest in over 60 of the largest and most liquid ASX-listed companies across all sectors in a single ASX trade   
  • True diversification across securities and market sectors reducing concentration risk     
  • Equal weight methodology is indifferent to market capitalisation     

Trading information

  • ASX code

    MVW
  • IRESS code

    MVW.AXW
  • ASX iNAV code

    YMVW
  • IRESS iNAV code

    YMVW.ASX
  • Units outstanding

    37,855,319
  • ISIN

    AU000000MVW8

Fees and other costs  

  • Management costs p.a.

    0.35%

Prices as at  08-Apr-20

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 $23.40
$23.60
303,207
147,217
$-0.04 / -0.16%
$0.15 / +0.64%
-24.25%
-23.31%
$0.20
+0.86%

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 -22.42 -27.31 -27.57 -21.86 -4.62 -0.42 -- 1.91
Income return 0.00 0.00 1.44 3.03 3.19 3.00 -- 2.81
Total return -22.42 -27.31 -26.13 -18.83 -1.43 2.58 -- 4.72
Index (MVMVWTRG) -22.40 -27.25 -26.01 -18.53 -1.05 2.97 6.31 5.07
S&P/ASX 200 Index -20.65 -23.10 -22.57 -14.42 -0.56 1.39 -- 3.86
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 -22.42 -27.31 -27.57 -21.86 -4.62 -0.42 -- 1.91
Income return 0.00 0.00 1.44 3.03 3.19 3.00 -- 2.81
Total return -22.42 -27.31 -26.13 -18.83 -1.43 2.58 -- 4.72
Index (MVMVWTRG) -22.40 -27.25 -26.01 -18.53 -1.05 2.97 6.31 5.07
S&P/ASX 200 Index -18.43 -20.94 -20.40 -12.02 0.36 1.95 -- 3.86

Top ten holdings (%) View all daily holdings » as at 31-Mar-20

No. of holdings: 87
Security name
ASX code
No. of securities held Market value % of Fund net
assets
NIB HOLDINGS LTD
NHF AU
2,992,831 15,353,223 1.81
WISETECH GLOBAL LTD
WTC AU
848,893 14,516,070 1.71
CIMIC GROUP LTD
CIM AU
576,557 13,404,950 1.58
ASX LTD
ASX AU
162,017 12,489,891 1.47
A2 MILK CO LTD
A2M AU
737,977 12,250,418 1.44
FORTESCUE METALS GROUP LTD
FMG AU
1,215,666 12,156,660 1.43
AUSNET SERVICES
AST AU
7,077,703 12,102,872 1.43
TREASURY WINE ESTATES LTD
TWE AU
1,205,258 12,088,738 1.42
RIO TINTO LTD
RIO AU
138,096 11,678,779 1.38
ALTIUM LTD
ALU AU
407,864 11,660,832 1.37
Top ten total (%) 15.04
These are not recommendations to buy or to sell any security.

Country weightings (%) as at 31-Mar-20

  • Country

    Weightings (%)
  • Australia

    97.2
  • New Zealand

    1.4
  • United Kingdom

    1.4
  • Other/Cash

    0.0
  • Total

    100.0

Sector weightings (%) as at 31-Mar-20

  • Sector

    Weightings (%)
  • Financials

    19.2
  • Materials

    18.2
  • Industrials

    12.9
  • Real Estate

    7.9
  • Energy

    7.5
  • Consumer Staples

    6.6
  • Consumer Discretionary

    6.5
  • Health Care

    6.4
  • Information Technology

    6.2
  • Communication Services

    4.5
  • Utilities

    4.0
  • Other/Cash

    0.0
  • Total

    99.9