IDX
VanEck Indonesia Index ETF
IDX
VanEck Indonesia Index ETF
IDX
VanEck Indonesia Index ETF
IDX
VanEck Indonesia Index ETF
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NAV$15.40
as of December 20, 2024 -
YTD RETURNS-9.66%
as of December 20, 2024 -
Total Net Assets$33.10M
as of December 20, 2024 -
Gross Expense Ratio0.99%
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Net Expense Ratio0.58%
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Inception Date01/15/2009
Fund Description
VanEck Indonesia Index ETF (IDX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Indonesia Index (MVIDXTR), which includes securities of companies that are incorporated in Indonesia or that are incorporated outside of Indonesia but have at least 50% of their revenues/related assets in Indonesia.
Overview
Fund Highlights
- Diversified Exposure to Indonesia
Index weights are capped at 8% to reduce concentrated exposure
- Largest Economy in Southeast Asia
Indonesia has a vibrant economy with favorable demographics; over 40% of the population are under the age of 25
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Indonesia to be added to the index