• Ticker:- MVR;false;MVMVR;
  • Ticker Group:- ETFEQ_IND;false;;

VanEck Blog & Insights

VanEck Vectors Australian
Resources ETF MVR

  • Fund description: VanEck Vectors Australian Resources ETF (MVR) 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 MVIS Australia Resources Index (MVMVRTRG). 

    Index description: MVMVRTRG is a pure-play rules-based Australian sector index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies that generate at least 50% of their revenues or assets from the Australian resources sector.

    Management style: Replication

  •  as at 23-Jun-17

    • Exchange

      ASX
    • ASX code

      MVR
    • Bloomberg index ticker

      MVMVRTRG
    • Index Provider

      MV Index Solutions
    • NAV

      $19.64
    • ETF Units outstanding

      1,299,250
    • Fund Net Asset Value

      $25.5M
    • Number of holdings

      25
    • Inception date1

      14-Oct-13
    • ASX commencement

      16-Oct-13
    1The date the Fund was seeded prior to quotation on ASX.
  •  as at 23-Jun-17

  • Fundamentals as at 31-May-17

    • Weighted avg. market cap
      (AUD)

      $24.7B
    • Price/earnings ratio
      (last 12 months)*

      17.8
    • Price/book ratio
      (last 12 months)*

      1.5
    *A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.
  • Market capitalisation (%)
    as at 31-May-17

    • Capitalisation ranges

      Weightings (%)
    • Large (>$5.0B)

      66.31
    • Mid ($1.0 - $5.0B)

      32.22
    • Small (<$1.0B)

      1.43
    This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.
  • 3-year risk measures
    as at 31-May-17

    • Beta vs. MSCI World ex
      Australia

      0.78
    • Correlation vs. MSCI World
      ex Australia

      0.95
    • Volatility (standard deviation)

      17.31
    • Sharpe ratio

      -0.32

    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.

  • Country weightings (%) as at 31-May-17

    • Country

      Weightings (%)
    • AUSTRALIA

      100.0
    • Other/Cash

      0.0
    • Total

      100.0
  • Portfolio composition (%)
    as at 23-Jun-17

    • Asset classes

      % of Fund net assets
    • Stocks

      100.00
    • Bonds

      0.00
    • Other

      0.00
    • Cash

      0.00
    • Total

      100.00
  • Sub-industry weightings (%) as at 31-May-17

    • Industry

      Weightings (%)
    • Diversified Metals & Mining

      30.6
    • Gold

      15.0
    • Oil & Gas Exploration & Production

      12.3
    • Integrated Oil & Gas

      7.0
    • Coal & Consumable Fuels

      6.1
    • Oil & Gas Refining & Marketing

      5.0
    • Commodity Chemicals

      4.6
    • Railroads

      4.6
    • Aluminum

      3.7
    • Steel

      3.6
    • Oil & Gas Equipment & Services

      2.9
    • Copper

      2.8
    • Construction & Engineering

      1.8
    • Other/Cash

      0.0
    • Total

      100.0