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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
      $37.64

      as at 14-May-26
    • Total Net Assets
      $3.17B
    • Dividend Frequency
      2 each year
    • Management fee (p.a.)
      0.35%
    • Number of securities
      75
    • 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 15-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 3,851,569 57,272,831 1.80
    Dyno Nobel Ltd DNL AU 14,129,396 52,137,471 1.64
    Worley Ltd WOR AU 4,149,991 51,874,888 1.63
    Pilbara Minerals Ltd PLS AU 8,621,813 51,817,096 1.63
    Macquarie Group Ltd MQG AU 210,049 51,033,505 1.61
    Rio Tinto Ltd RIO AU 272,032 50,529,944 1.59
    Ampol Ltd ALD AU 1,435,990 50,331,450 1.58
    Asx Ltd ASX AU 853,302 50,105,893 1.58
    Suncorp Group Ltd SUN AU 2,814,584 49,227,074 1.55
    Insurance Australia Group Ltd IAG AU 6,140,535 49,185,685 1.55
    Bhp Group Ltd BHP AU 813,067 49,158,031 1.55
    Goodman Group GMG AU 1,560,654 48,973,323 1.54
    Apa Group APA AU 4,632,335 48,917,458 1.54
    Bluescope Steel Ltd BSL AU 1,612,476 48,600,027 1.53
    Orica Ltd ORI AU 2,090,396 48,162,724 1.52
    Fortescue Metals Group Ltd FMG AU 2,114,458 47,786,751 1.50
    Aristocrat Leisure Ltd ALL AU 926,062 47,719,975 1.50
    Medibank Pvt Ltd MPL AU 10,204,564 47,553,268 1.50
    Washington H Soul Pattinson & Co Ltd SOL AU 1,099,608 46,854,297 1.47
    Qbe Insurance Group Ltd QBE AU 2,029,151 46,751,639 1.47
    Vicinity Centres VCX AU 18,529,339 46,508,641 1.46
    Mineral Resources Ltd MIN AU 700,265 45,356,164 1.43
    Santos Ltd STO AU 5,724,509 45,109,131 1.42
    Computershare Ltd CPU AU 1,441,874 44,799,025 1.41
    Aurizon Holdings Ltd AZJ AU 10,588,195 44,682,183 1.41
    Sigma Healthcare Ltd SIG AU 15,531,946 44,421,366 1.40
    Atlas Arteria Ltd ALX AU 9,244,397 44,373,106 1.40
    Telstra Group Ltd TLS AU 8,235,262 44,305,710 1.39
    Technology One Ltd TNE AU 1,556,628 44,145,970 1.39
    Bendigo & Adelaide Bank Ltd BEN AU 4,216,257 43,849,073 1.38
    Scentre Group SCG AU 11,934,152 43,798,338 1.38
    Woodside Energy Group Ltd WDS AU 1,388,784 43,399,500 1.37
    Coles Group Ltd COL AU 2,076,012 43,201,810 1.36
    Transurban Group TCL AU 2,946,088 43,012,885 1.35
    Gpt Group/The GPT AU 9,046,445 42,970,614 1.35
    Carsales.Com Ltd CAR AU 1,644,487 42,937,556 1.35
    Qube Holdings Ltd QUB AU 8,517,519 42,757,945 1.35
    Agl Energy Ltd AGL AU 4,683,692 42,574,760 1.34
    Perseus Mining Ltd PRU AU 7,681,253 42,477,329 1.34
    Lottery Corp Ltd/The TLC AU 7,852,584 42,089,850 1.32
    Origin Energy Ltd ORG AU 3,632,579 41,738,333 1.31
    Charter Hall Group CHC AU 2,113,403 41,655,173 1.31
    Brambles Ltd BXB AU 1,868,504 41,293,938 1.30
    Als Ltd ALQ AU 1,849,688 41,063,074 1.29
    Qantas Airways Ltd QAN AU 4,789,897 40,905,720 1.29
    South32 Ltd S32 AU 9,689,653 40,793,439 1.28
    Dexus DXS AU 6,759,504 40,624,619 1.28
    Steadfast Group Ltd SDF AU 10,082,790 40,431,988 1.27
    Rea Group Ltd REA AU 249,259 40,382,451 1.27
    Seven Group Holdings Ltd SGH AU 1,007,078 40,252,908 1.27
    Wesfarmers Ltd WES AU 557,274 39,939,828 1.26
    Cleanaway Waste Management Ltd CWY AU 17,457,393 39,279,134 1.24
    Anz Group Holdings Ltd ANZ AU 1,112,344 39,165,632 1.23
    Commonwealth Bank Of Australia CBA AU 244,667 38,999,920 1.23
    Woolworths Group Ltd WOW AU 1,179,421 38,897,305 1.22
    Whitehaven Coal Ltd WHC AU 4,850,387 38,657,584 1.22
    Bank Of Queensland Ltd BOQ AU 6,203,656 38,524,704 1.21
    Mirvac Group MGR AU 22,293,874 38,456,933 1.21
    Jb Hi-Fi Ltd JBH AU 536,743 38,285,878 1.20
    Pro Medicus Ltd PME AU 308,843 37,712,819 1.19
    Ramsay Health Care Ltd RHC AU 1,000,873 37,592,790 1.18
    Evolution Mining Ltd EVN AU 2,985,644 37,320,550 1.17
    Reece Ltd REH AU 2,797,808 37,238,824 1.17
    Westpac Banking Corp WBC AU 1,029,657 36,902,907 1.16
    Lynas Rare Earths Ltd LYC AU 2,051,816 36,830,097 1.16
    Sonic Healthcare Ltd SHL AU 1,964,058 36,786,806 1.16
    Seek Ltd SEK AU 2,723,849 36,390,623 1.15
    Stockland SGP AU 8,912,846 35,383,999 1.11
    Endeavour Group Ltd/Australia EDV AU 10,804,830 33,494,973 1.05
    Ramelius Resources Ltd RMS AU 9,779,373 32,760,900 1.03
    Wisetech Global Ltd WTC AU 857,977 32,611,706 1.03
    National Australia Bank Ltd NAB AU 892,603 32,597,862 1.03
    Northern Star Resources Ltd NST AU 1,579,325 32,376,163 1.02
    Csl Ltd CSL AU 296,304 29,025,940 0.91
    Cochlear Ltd COH AU 230,343 22,188,941 0.70
    Other/Cash --   1,003,954 0.03
    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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