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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
      $37.79

      as at 08-May-26
    • Total Net Assets
      $3.17B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      76
    • 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.

    Performance

    Holdings & allocations

    All holdings (%) as at 11-May-26 Download all holdings

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Nextdc Ltd NXT AU 3,840,136 56,987,618 1.80
    Pilbara Minerals Ltd PLS AU 8,596,223 53,984,280 1.71
    Macquarie Group Ltd MQG AU 209,424 50,123,540 1.58
    Worley Ltd WOR AU 4,137,671 50,024,442 1.58
    Dyno Nobel Ltd DNL AU 14,087,456 49,869,594 1.58
    Asx Ltd ASX AU 850,767 49,480,609 1.56
    Bluescope Steel Ltd BSL AU 1,607,691 48,938,114 1.55
    Ampol Ltd ALD AU 1,431,730 48,779,041 1.54
    Rio Tinto Ltd RIO AU 271,227 48,763,902 1.54
    Washington H Soul Pattinson & Co Ltd SOL AU 1,096,343 48,436,434 1.53
    Mineral Resources Ltd MIN AU 698,185 48,174,765 1.52
    Goodman Group GMG AU 1,556,021 48,049,928 1.52
    Apa Group APA AU 4,618,585 47,848,541 1.51
    Bhp Group Ltd BHP AU 810,652 47,285,331 1.49
    Suncorp Group Ltd SUN AU 2,806,229 46,976,273 1.48
    Medibank Pvt Ltd MPL AU 10,174,274 46,496,432 1.47
    Vicinity Centres VCX AU 18,474,339 45,816,361 1.45
    Orica Ltd ORI AU 2,084,191 45,643,783 1.44
    Qbe Insurance Group Ltd QBE AU 2,023,126 45,216,866 1.43
    Fortescue Metals Group Ltd FMG AU 2,108,183 45,157,280 1.43
    Insurance Australia Group Ltd IAG AU 6,122,310 44,815,309 1.42
    Bendigo & Adelaide Bank Ltd BEN AU 4,203,742 44,685,777 1.41
    Coles Group Ltd COL AU 2,069,852 44,563,914 1.41
    Atlas Arteria Ltd ALX AU 9,216,957 44,149,224 1.39
    Rea Group Ltd REA AU 248,519 44,127,034 1.39
    Sigma Healthcare Ltd SIG AU 15,485,843 43,979,794 1.39
    Computershare Ltd CPU AU 1,437,594 43,932,873 1.39
    Technology One Ltd TNE AU 1,552,008 43,549,344 1.38
    Scentre Group SCG AU 11,898,727 43,549,341 1.38
    Telstra Group Ltd TLS AU 8,210,817 43,435,222 1.37
    Carsales.Com Ltd CAR AU 1,639,607 43,236,437 1.37
    Santos Ltd STO AU 5,707,519 42,920,543 1.36
    Aristocrat Leisure Ltd ALL AU 923,312 42,823,211 1.35
    Qube Holdings Ltd QUB AU 8,492,236 42,631,025 1.35
    Transurban Group TCL AU 2,937,343 42,532,727 1.34
    Commonwealth Bank Of Australia CBA AU 243,942 42,448,347 1.34
    Woodside Energy Group Ltd WDS AU 1,384,664 42,246,099 1.33
    Aurizon Holdings Ltd AZJ AU 10,556,765 42,015,925 1.33
    Gpt Group/The GPT AU 9,019,592 41,941,103 1.32
    Agl Energy Ltd AGL AU 4,669,789 41,934,705 1.32
    Perseus Mining Ltd PRU AU 7,658,453 41,891,738 1.32
    Qantas Airways Ltd QAN AU 4,775,679 41,739,434 1.32
    Charter Hall Group CHC AU 2,107,128 41,405,065 1.31
    Brambles Ltd BXB AU 1,862,959 41,227,283 1.30
    Origin Energy Ltd ORG AU 3,621,796 40,962,513 1.29
    Als Ltd ALQ AU 1,844,198 40,922,754 1.29
    Steadfast Group Ltd SDF AU 10,052,862 40,915,148 1.29
    Dexus DXS AU 6,739,439 40,841,000 1.29
    Lottery Corp Ltd/The TLC AU 7,829,274 40,790,518 1.29
    South32 Ltd S32 AU 9,660,893 40,575,751 1.28
    Wesfarmers Ltd WES AU 555,619 40,354,608 1.27
    Lynas Rare Earths Ltd LYC AU 2,045,726 40,259,888 1.27
    Seven Group Holdings Ltd SGH AU 1,004,088 40,183,602 1.27
    Pro Medicus Ltd PME AU 307,928 39,907,469 1.26
    Anz Group Holdings Ltd ANZ AU 1,109,044 39,814,680 1.26
    Woolworths Group Ltd WOW AU 1,175,921 39,393,354 1.24
    Bank Of Queensland Ltd BOQ AU 6,185,241 39,214,428 1.24
    Cleanaway Waste Management Ltd CWY AU 17,405,575 38,814,432 1.23
    Evolution Mining Ltd EVN AU 2,976,784 38,579,121 1.22
    Jb Hi-Fi Ltd JBH AU 535,148 38,268,433 1.21
    Whitehaven Coal Ltd WHC AU 4,835,992 38,204,337 1.21
    Westpac Banking Corp WBC AU 1,026,602 38,107,466 1.20
    Seek Ltd SEK AU 2,715,764 37,613,331 1.19
    Reece Ltd REH AU 2,789,503 37,463,025 1.18
    Mirvac Group MGR AU 22,227,701 37,120,261 1.17
    Sonic Healthcare Ltd SHL AU 1,958,228 37,108,421 1.17
    Ramsay Health Care Ltd RHC AU 997,903 36,662,956 1.16
    Wisetech Global Ltd WTC AU 855,432 36,167,665 1.14
    Endeavour Group Ltd/Australia EDV AU 10,772,760 35,119,198 1.11
    Stockland SGP AU 8,886,391 34,568,061 1.09
    National Australia Bank Ltd NAB AU 889,953 34,014,004 1.07
    Ramelius Resources Ltd RMS AU 9,750,345 33,638,690 1.06
    Northern Star Resources Ltd NST AU 1,574,635 32,673,676 1.03
    Csl Ltd CSL AU 295,424 29,763,968 0.94
    Cochlear Ltd COH AU 229,658 23,209,237 0.73
    Other/Cash --   667,695 0.02
    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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