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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
      $36.22

      as at 23-Mar-26
    • Total Net Assets
      $3.06B
    • 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.

    Performance

    Holdings & allocations

    All holdings (%) as at 23-Mar-26 Download all holdings

    No. of holdings: 75
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Woodside Energy Group Ltd WDS AU 1,392,156 48,433,107 1.58
    Ampol Ltd ALD AU 1,439,476 48,136,077 1.57
    Santos Ltd STO AU 5,738,401 46,194,128 1.51
    Insurance Australia Group Ltd IAG AU 6,155,435 45,796,436 1.50
    Whitehaven Coal Ltd WHC AU 4,862,156 45,655,645 1.49
    Suncorp Group Ltd SUN AU 2,821,411 45,481,145 1.49
    Coles Group Ltd COL AU 2,081,050 45,054,733 1.47
    Apa Group APA AU 4,643,573 44,438,994 1.45
    Origin Energy Ltd ORG AU 3,641,392 44,424,982 1.45
    Agl Energy Ltd AGL AU 4,695,053 44,180,449 1.45
    Medibank Pvt Ltd MPL AU 10,229,317 44,088,356 1.44
    Worley Ltd WOR AU 4,160,057 43,971,802 1.44
    Telstra Group Ltd TLS AU 8,255,240 43,752,772 1.43
    Vicinity Centres VCX AU 18,574,285 43,649,570 1.43
    Bluescope Steel Ltd BSL AU 1,616,388 43,400,018 1.42
    Technology One Ltd TNE AU 1,560,404 43,191,983 1.41
    Woolworths Group Ltd WOW AU 1,182,283 43,129,684 1.41
    Aristocrat Leisure Ltd ALL AU 928,307 43,101,294 1.41
    Steadfast Group Ltd SDF AU 10,107,252 42,854,748 1.40
    Commonwealth Bank Of Australia CBA AU 245,262 42,736,904 1.40
    Bendigo & Adelaide Bank Ltd BEN AU 4,226,485 42,645,234 1.39
    Lottery Corp Ltd/The TLC AU 7,871,634 42,428,107 1.39
    Bank Of Queensland Ltd BOQ AU 6,218,706 42,349,388 1.39
    Qbe Insurance Group Ltd QBE AU 2,034,072 42,349,379 1.39
    Qube Holdings Ltd QUB AU 8,538,183 42,007,860 1.37
    Asx Ltd ASX AU 855,370 41,998,667 1.37
    Washington H Soul Pattinson & Co Ltd SOL AU 1,102,275 41,699,063 1.36
    Westpac Banking Corp WBC AU 1,032,157 41,647,535 1.36
    Sigma Healthcare Ltd SIG AU 15,569,632 41,570,917 1.36
    Csl Ltd CSL AU 297,022 41,520,705 1.36
    Atlas Arteria Ltd ALX AU 9,266,824 41,515,372 1.36
    Brambles Ltd BXB AU 1,873,038 41,244,297 1.35
    Dyno Nobel Ltd DNL AU 14,163,672 41,216,286 1.35
    Aurizon Holdings Ltd AZJ AU 10,613,879 41,075,712 1.34
    Gpt Group/The GPT AU 9,068,390 40,989,123 1.34
    Macquarie Group Ltd MQG AU 210,557 40,944,914 1.34
    Computershare Ltd CPU AU 1,445,372 40,846,213 1.34
    Wesfarmers Ltd WES AU 558,625 40,801,970 1.33
    Scentre Group SCG AU 11,963,101 40,794,174 1.33
    Nextdc Ltd NXT AU 3,257,646 40,622,846 1.33
    Transurban Group TCL AU 2,953,234 40,518,370 1.33
    Anz Group Holdings Ltd ANZ AU 1,115,044 40,442,646 1.32
    Fortescue Metals Group Ltd FMG AU 2,119,588 40,378,151 1.32
    Dexus DXS AU 6,775,902 40,248,858 1.32
    Cleanaway Waste Management Ltd CWY AU 17,499,749 40,074,425 1.31
    Seek Ltd SEK AU 2,730,456 40,055,790 1.31
    National Australia Bank Ltd NAB AU 894,768 40,031,920 1.31
    Seven Group Holdings Ltd SGH AU 1,009,520 39,966,897 1.31
    Ramsay Health Care Ltd RHC AU 1,003,302 39,931,420 1.31
    Mirvac Group MGR AU 22,347,959 39,891,107 1.30
    Orica Ltd ORI AU 2,095,467 39,667,190 1.30
    Rea Group Ltd REA AU 249,864 39,496,002 1.29
    Rio Tinto Ltd RIO AU 272,694 39,379,741 1.29
    Jb Hi-Fi Ltd JBH AU 538,043 39,373,987 1.29
    Charter Hall Group CHC AU 2,118,529 39,362,269 1.29
    Endeavour Group Ltd/Australia EDV AU 10,831,040 39,316,675 1.29
    Sonic Healthcare Ltd SHL AU 1,968,822 39,297,687 1.29
    Goodman Group GMG AU 1,564,439 39,142,264 1.28
    Qantas Airways Ltd QAN AU 4,801,519 39,132,380 1.28
    Lynas Rare Earths Ltd LYC AU 2,056,793 38,976,227 1.27
    Bhp Group Ltd BHP AU 815,038 38,396,440 1.26
    Reece Ltd REH AU 2,804,596 38,310,781 1.25
    Carsales.Com Ltd CAR AU 1,648,477 38,310,605 1.25
    Stockland SGP AU 8,934,470 38,060,842 1.24
    Cochlear Ltd COH AU 230,900 37,923,016 1.24
    Pro Medicus Ltd PME AU 309,594 37,742,605 1.23
    South32 Ltd S32 AU 9,713,164 37,395,681 1.22
    Pilbara Minerals Ltd PLS AU 8,642,734 36,818,047 1.20
    Als Ltd ALQ AU 1,854,175 35,748,494 1.17
    Mineral Resources Ltd MIN AU 701,962 35,533,316 1.16
    Perseus Mining Ltd PRU AU 7,699,889 35,111,494 1.15
    Wisetech Global Ltd WTC AU 860,061 34,995,882 1.14
    Evolution Mining Ltd EVN AU 2,992,890 34,418,235 1.13
    Ramelius Resources Ltd RMS AU 9,803,102 32,448,268 1.06
    Northern Star Resources Ltd NST AU 1,583,155 27,246,098 0.89
    Other/Cash --   2,284,060 0.07
    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 Update”.

    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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