Exchange Traded Funds
Fund description: VanEck Vectors S&P/ASX MidCap ETF (MVE) invests in a diversified portfolio of ASX-listed securities with the aim of providing investment returns (before management costs) that closely track the returns of the S&P/ASX Midcap 50 Index (ASA34)
Index description: ASA34 represents the mid cap universe for Australia. The index is comprised of all the members of the S&P/ASX 100 excluding those in the S&P/ASX 50.
Management style: Replication
Bloomberg index ticker
ETF Units outstanding
Fund Net Asset Value
Number of holdings
Management costs p.a.
Weighted avg. market cap(AUD)
Price/earnings ratio(last 12 months)*
Price/book ratio(last 12 months)*
Mid ($1.0 - $5.0B)
Beta vs. MSCI World exAustralia
Correlation vs. MSCI Worldex Australia
Volatility (standard deviation)
Source: VanEck, FactSet.
Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.