au en false false Default
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
      $36.39

      as at 20-Mar-26
    • Total Net Assets
      $3.07B
    • 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 20-Mar-26 Download all holdings

    No. of holdings: 76
    Security name
    ASX code
    No. of securities held
    		 Market value % of Fund net
    assets
    Lynas Rare Earths Ltd LYC AU 3,328,115 65,031,367 2.12
    Woodside Energy Group Ltd WDS AU 1,721,346 58,594,618 1.91
    Santos Ltd STO AU 6,756,763 53,918,969 1.76
    Whitehaven Coal Ltd WHC AU 5,743,247 53,412,197 1.74
    Woolworths Group Ltd WOW AU 1,439,703 52,433,983 1.71
    South32 Ltd S32 AU 12,354,662 49,171,555 1.60
    Bluescope Steel Ltd BSL AU 1,790,230 48,873,279 1.59
    Commonwealth Bank Of Australia CBA AU 276,298 48,528,981 1.58
    Reece Ltd REH AU 3,509,501 48,045,069 1.56
    Ramsay Health Care Ltd RHC AU 1,195,499 47,592,815 1.55
    National Australia Bank Ltd NAB AU 1,037,599 47,283,386 1.54
    Aurizon Holdings Ltd AZJ AU 12,005,660 46,581,961 1.52
    Bank Of Queensland Ltd BOQ AU 6,671,907 46,102,877 1.50
    Washington H Soul Pattinson & Co Ltd SOL AU 1,193,820 45,962,070 1.50
    Telstra Group Ltd TLS AU 8,673,479 45,882,704 1.49
    Westpac Banking Corp WBC AU 1,125,531 45,809,112 1.49
    Qbe Insurance Group Ltd QBE AU 2,217,009 45,626,045 1.49
    Rio Tinto Ltd RIO AU 309,091 45,411,650 1.48
    Bhp Group Ltd BHP AU 954,198 45,295,779 1.47
    Qube Holdings Ltd QUB AU 9,061,843 44,584,268 1.45
    Origin Energy Ltd ORG AU 3,698,873 44,423,465 1.45
    Apa Group APA AU 4,670,332 44,228,044 1.44
    Anz Group Holdings Ltd ANZ AU 1,205,673 44,127,632 1.44
    Ampol Ltd ALD AU 1,331,455 44,084,475 1.43
    Evolution Mining Ltd EVN AU 3,497,946 43,409,510 1.41
    Lottery Corp Ltd/The TLC AU 8,126,201 43,068,865 1.40
    Endeavour Group Ltd/Australia EDV AU 11,708,000 42,851,280 1.39
    Pilbara Minerals Ltd PLS AU 10,119,056 42,803,607 1.39
    Macquarie Group Ltd MQG AU 219,491 42,798,550 1.39
    Mineral Resources Ltd MIN AU 823,166 42,549,451 1.38
    Agl Energy Ltd AGL AU 4,589,638 42,362,359 1.38
    Coles Group Ltd COL AU 1,942,415 41,936,740 1.37
    Sigma Healthcare Ltd SIG AU 14,964,803 41,602,152 1.35
    Brambles Ltd BXB AU 1,859,957 41,570,039 1.35
    Bendigo & Adelaide Bank Ltd BEN AU 4,118,219 41,388,101 1.35
    Vicinity Centres VCX AU 17,276,436 41,117,918 1.34
    Technology One Ltd TNE AU 1,515,693 40,590,259 1.32
    Nextdc Ltd NXT AU 3,122,705 40,157,986 1.31
    Atlas Arteria Ltd ALX AU 8,835,767 40,114,382 1.31
    Transurban Group TCL AU 2,897,073 39,834,754 1.30
    Als Ltd ALQ AU 1,995,306 39,626,777 1.29
    Suncorp Group Ltd SUN AU 2,497,066 39,478,613 1.29
    Dyno Nobel Ltd DNL AU 13,198,769 39,464,319 1.28
    Insurance Australia Group Ltd IAG AU 5,420,922 39,355,894 1.28
    Telix Pharmaceuticals Ltd TLX AU 3,035,718 38,705,405 1.26
    Perseus Mining Ltd PRU AU 8,003,774 38,498,153 1.25
    Medibank Pvt Ltd MPL AU 9,120,178 38,395,949 1.25
    Wesfarmers Ltd WES AU 524,047 38,271,152 1.25
    Mirvac Group MGR AU 21,144,296 37,954,011 1.24
    Cleanaway Waste Management Ltd CWY AU 16,283,539 37,614,975 1.22
    Seven Group Holdings Ltd SGH AU 946,970 37,414,785 1.22
    Sonic Healthcare Ltd SHL AU 1,847,828 37,085,908 1.21
    Goodman Group GMG AU 1,451,009 37,000,730 1.20
    Scentre Group SCG AU 10,625,009 36,975,031 1.20
    Qantas Airways Ltd QAN AU 4,404,150 36,730,611 1.20
    Asx Ltd ASX AU 741,064 36,267,672 1.18
    Gpt Group/The GPT AU 7,914,347 36,089,422 1.17
    Dexus DXS AU 6,054,134 36,082,639 1.17
    Fortescue Metals Group Ltd FMG AU 1,875,552 35,560,466 1.16
    Worley Ltd WOR AU 3,320,317 35,294,970 1.15
    Orica Ltd ORI AU 1,808,514 35,121,342 1.14
    Rea Group Ltd REA AU 222,933 34,980,417 1.14
    Steadfast Group Ltd SDF AU 8,534,144 34,904,649 1.14
    Computershare Ltd CPU AU 1,235,466 34,185,344 1.11
    Jb Hi-Fi Ltd JBH AU 468,215 33,571,016 1.09
    Aristocrat Leisure Ltd ALL AU 734,658 33,257,968 1.08
    Charter Hall Group CHC AU 1,722,742 32,490,914 1.06
    Csl Ltd CSL AU 233,994 32,408,169 1.05
    Stockland SGP AU 7,302,411 31,254,319 1.02
    Carsales.Com Ltd CAR AU 1,333,960 31,027,910 1.01
    Northern Star Resources Ltd NST AU 1,575,827 29,152,800 0.95
    Treasury Wine Estates Ltd TWE AU 7,657,666 27,873,904 0.91
    Cochlear Ltd COH AU 162,041 26,675,189 0.87
    Seek Ltd SEK AU 1,814,689 26,204,109 0.85
    Wisetech Global Ltd WTC AU 585,561 25,085,433 0.82
    Pro Medicus Ltd PME AU 178,955 21,485,337 0.70
    Other/Cash --   1,629,784 0.05
    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.  

    MVWAU /blog/australian-equity/
    Exchange Traded Funds (ETFs)
    Information about
    Education
    Connect with us