MVW - VanEck Equal Weight ETF | Australian Equities | Portfolio Analytics
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VanEck Vectors Australian Equal Weight ETF MVW

Fund description: MVW gives investors exposure to a diversified portfolio of ASX-listed securities. MVW aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MVIS Australia Equal Weight Index is a pure-play rules-based index that combines benchmark with blue-chip characteristics by tracking the performance of the largest and most liquid ASX-listed companies across all sectors, including offshore companies which generate at least 50% of their revenues or assets from the Australian market.  Companies in the Index are weighted equally.

Management style: Replication

 as at 06-Dec-19

  • Exchange

    ASX
  • ASX code

    MVW
  • Bloomberg index code

    MVMVWTRG
  • Index provider

    MV Index Solutions
  • NAV1

    $31.54
  • Units outstanding1

    34,473,940
  • Net assets1

    $1.1B
  • Number of holdings1

    85
  • Inception date2

    04-Mar-14
  • ASX commencement

    06-Mar-14

1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

Fundamentals as at 30-Nov-19

  • Weighted avg. market cap
    (AUD)

    $21.9B
  • Price/earnings ratio
    (last 12 months)*

    18.8
  • Price/book ratio
    (last 12 months)*

    2.0
*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 30-Nov-19

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    83.23
  • Mid ($1.0 - $5.0B)

    16.51
  • Small (<$1.0B)

    0.00
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 30-Nov-19

  • Beta vs. MSCI World ex
    Australia

    0.98
  • Correlation vs. MSCI World
    ex Australia

    0.95
  • Volatility (standard deviation)

    8.80
  • Sharpe ratio

    0.99

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 30-Nov-19

  • Country

    Weightings (%)
  • Australia

    97.5
  • New Zealand

    1.2
  • United Kingdom

    1.2
  • Other/Cash

    0.0
  • Total

    99.9

Portfolio composition (%)
as at 06-Dec-19

  • Asset classes

    % of Fund net assets
  • Stocks

    99.96
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.04
  • Total

    100.00

Sector weightings (%) as at 29-Nov-19

  • Sector

    Weightings (%)
  • Materials

    17.4
  • Financials

    17.4
  • Industrials

    13.6
  • Real Estate

    10.7
  • Energy

    8.7
  • Consumer Discretionary

    7.2
  • Health Care

    6.4
  • Consumer Staples

    6.0
  • Information Technology

    4.6
  • Communication Services

    4.6
  • Utilities

    3.4
  • Other/Cash

    0.0
  • Total

    100.0