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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
      $39.96

      as at 07-Aug-26
    • Total Net Assets
      $3.43B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      74
    • 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 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 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 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, is intending to use the product as a 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 core, 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 07-Aug-26 Download all holdings

    No. of holdings: 74
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Csl Ltd CSL AU 424,312 56,089,803 1.63
    Ramelius Resources Ltd RMS AU 15,490,360 56,075,103 1.63
    Evolution Mining Ltd EVN AU 4,071,091 54,552,619 1.59
    Aristocrat Leisure Ltd ALL AU 827,009 54,218,710 1.58
    Northern Star Resources Ltd NST AU 2,356,137 53,484,310 1.56
    Asx Ltd ASX AU 906,276 52,201,498 1.52
    Cochlear Ltd COH AU 416,300 51,979,218 1.51
    Computershare Ltd CPU AU 1,205,714 51,749,245 1.51
    Ramsay Health Care Ltd RHC AU 1,136,685 51,037,157 1.49
    Perseus Mining Ltd PRU AU 9,353,924 50,885,347 1.48
    National Australia Bank Ltd NAB AU 1,202,394 50,777,099 1.48
    Rea Group Ltd REA AU 292,328 50,721,831 1.48
    Endeavour Group Ltd/Australia EDV AU 13,956,175 50,521,354 1.47
    Seek Ltd SEK AU 3,238,162 49,932,458 1.45
    Qantas Airways Ltd QAN AU 4,686,999 49,541,579 1.44
    Brambles Ltd BXB AU 2,426,819 49,385,767 1.44
    Reece Ltd REH AU 2,825,534 48,881,738 1.42
    Macquarie Group Ltd MQG AU 183,950 48,645,578 1.42
    Charter Hall Group CHC AU 2,034,598 48,626,892 1.42
    Commonwealth Bank Of Australia CBA AU 272,614 48,528,018 1.41
    Jb Hi-Fi Ltd JBH AU 574,616 48,474,606 1.41
    South32 Ltd S32 AU 9,750,631 48,363,130 1.41
    Bendigo & Adelaide Bank Ltd BEN AU 4,241,050 48,263,149 1.41
    Sonic Healthcare Ltd SHL AU 2,153,985 47,926,166 1.40
    Insurance Australia Group Ltd IAG AU 5,550,548 47,901,229 1.40
    Seven Group Holdings Ltd SGH AU 1,040,063 47,707,690 1.39
    Anz Group Holdings Ltd ANZ AU 1,263,975 47,689,777 1.39
    Medibank Pvt Ltd MPL AU 9,025,378 47,653,996 1.39
    Pro Medicus Ltd PME AU 270,343 47,601,995 1.39
    Stockland SGP AU 11,003,229 47,313,885 1.38
    Wesfarmers Ltd WES AU 523,840 47,197,984 1.37
    Sigma Healthcare Ltd SIG AU 15,827,107 47,164,779 1.37
    Wisetech Global Ltd WTC AU 1,148,036 47,046,515 1.37
    Bluescope Steel Ltd BSL AU 1,332,195 46,933,230 1.37
    Washington H Soul Pattinson & Co Ltd SOL AU 1,002,584 46,860,776 1.36
    Westpac Banking Corp WBC AU 1,233,631 46,791,624 1.36
    Woolworths Group Ltd WOW AU 1,160,855 46,759,239 1.36
    Dexus DXS AU 7,690,637 46,605,260 1.36
    Bank Of Queensland Ltd BOQ AU 7,022,960 46,351,536 1.35
    Gpt Group/The GPT AU 8,824,812 46,330,263 1.35
    Vicinity Centres VCX AU 17,063,605 46,242,370 1.35
    Suncorp Group Ltd SUN AU 2,390,955 46,241,070 1.35
    Mirvac Group MGR AU 25,545,510 46,237,373 1.35
    Ampol Ltd ALD AU 1,191,560 46,208,697 1.35
    Scentre Group SCG AU 11,556,303 45,994,086 1.34
    Bhp Group Ltd BHP AU 725,624 45,692,543 1.33
    Qbe Insurance Group Ltd QBE AU 1,865,191 45,547,964 1.33
    Technology One Ltd TNE AU 1,372,812 44,959,593 1.31
    Als Ltd ALQ AU 1,920,970 44,912,279 1.31
    Woodside Energy Group Ltd WDS AU 1,407,308 44,864,979 1.31
    Orica Ltd ORI AU 1,895,951 44,611,727 1.30
    Coles Group Ltd COL AU 1,840,823 44,529,508 1.30
    Greatland Resources Ltd GGP AU 3,714,529 44,054,314 1.28
    Carsales.Com Ltd CAR AU 1,622,088 43,828,818 1.28
    Lottery Corp Ltd/The TLC AU 8,000,517 43,682,823 1.27
    Mineral Resources Ltd MIN AU 680,628 43,675,899 1.27
    Dyno Nobel Ltd DNL AU 11,405,435 43,454,707 1.27
    Rio Tinto Ltd RIO AU 243,445 43,257,742 1.26
    Origin Energy Ltd ORG AU 3,971,166 42,968,016 1.25
    Atlas Arteria Ltd ALX AU 8,598,979 42,736,926 1.24
    Steadfast Group Ltd SDF AU 8,119,482 42,627,281 1.24
    Santos Ltd STO AU 5,522,482 42,302,212 1.23
    Lynas Rare Earths Ltd LYC AU 2,589,381 42,077,441 1.23
    Telstra Group Ltd TLS AU 8,432,977 41,996,225 1.22
    Agl Energy Ltd AGL AU 5,085,311 41,852,110 1.22
    Aurizon Holdings Ltd AZJ AU 9,973,247 41,787,905 1.22
    Goodman Group GMG AU 1,378,439 41,284,248 1.20
    Nextdc Ltd NXT AU 2,885,258 41,230,337 1.20
    Apa Group APA AU 4,140,553 41,032,880 1.20
    Transurban Group TCL AU 2,810,995 40,787,537 1.19
    Fortescue Metals Group Ltd FMG AU 2,221,913 40,038,872 1.17
    Worley Ltd WOR AU 3,426,107 37,276,044 1.09
    Whitehaven Coal Ltd WHC AU 4,975,262 36,418,918 1.06
    Pilbara Minerals Ltd PLS AU 7,583,823 34,733,909 1.01
    Other/Cash --   -465,775 -0.01
    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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