IDXVanEck Indonesia Index ETF
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.
-
Fund Ticker
IDX -
Exchange
NYSE Arca -
Inception Date
01/15/2009 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVIDXTR -
Index Rebalancing
Quarterly
as of 03/27/23
-
30-Day SEC Yield1
2.15% -
Total Net Assets
$31.3M -
Number of Holdings
55 -
Options
No -
Gross Expense Ratio2
0.82% -
Net Expense Ratio/TER2
0.57% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- Nation's First ETF Focused Exclusively on Indonesia
To a range of the largest and most liquid stocks in the Indonesian investable universe
- 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
Trading Information
-
Fund Ticker
IDX -
Index Total Return Ticker
MVIDXTR -
NAV
IDXNV -
Intraday NAV (IIV)4
IDXIV -
Shares Outstanding
1,800,000 -
Estimated Cash
IDXEU -
Total Cash
IDXTC -
CUSIP
92189F833 -
ISIN
US92189F8335
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.32% -
Gross Expense Ratio
0.82% -
Fee Waivers and
-0.25%
Expense Reimbursement -
Net Expense Ratio/TER2
0.57%
2 Expenses for IDX are capped contractually at 0.57% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 01/15/09 |
|
---|---|---|---|---|---|---|---|---|
IDX (NAV) | -3.31 | -4.85 | 1.48 | -11.23 | -0.48 | -5.11 | -3.70 | 7.42 |
IDX (Share Price) | -2.33 | -4.08 | 1.50 | -11.26 | -0.10 | -4.86 | -3.69 | 7.44 |
MVIDXTR (Index) | -2.00 | -3.29 | 2.52 | -9.50 | 0.51 | -4.73 | -3.18 | 8.10 |
Performance Differential (NAV - Index) | -1.31 | -1.56 | -1.04 | -1.73 | -0.99 | -0.38 | -0.52 | -0.68 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 01/15/09 |
|
---|---|---|---|---|---|---|---|---|
IDX (NAV) | -6.24 | -7.59 | -9.88 | -9.88 | -6.64 | -4.90 | -2.83 | 7.40 |
IDX (Share Price) | -5.50 | -7.01 | -9.35 | -9.35 | -6.51 | -4.93 | -2.82 | 7.41 |
MVIDXTR (Index) | -5.67 | -7.87 | -9.54 | -9.54 | -6.51 | -4.65 | -2.34 | 8.01 |
Performance Differential (NAV - Index) | -0.57 | 0.28 | -0.34 | -0.34 | -0.13 | -0.25 | -0.49 | -0.61 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Bank Central Asia Tbk Pt |
BBCA IJ
|
4,950,500
|
2,839,303 | 8.49 |
Bank Rakyat Indonesia Persero Tbk Pt |
BBRI IJ
|
8,788,233
|
2,689,774 | 8.05 |
Telkom Indonesia Persero Tbk Pt |
TLK US
|
92,942
|
2,394,186 | 7.16 |
Bank Mandiri Persero Tbk Pt |
BMRI IJ
|
3,528,002
|
2,312,782 | 6.92 |
Astra International Tbk Pt |
ASII IJ
|
5,492,900
|
2,197,202 | 6.57 |
Goto Gojek Tokopedia Tbk Pt |
GOTO IJ
|
246,042,800
|
1,902,996 | 5.69 |
Bank Negara Indonesia Persero Tbk Pt |
BBNI IJ
|
2,212,332
|
1,272,370 | 3.81 |
Merdeka Copper Gold Tbk Pt |
MDKA IJ
|
3,718,495
|
1,106,839 | 3.31 |
Sumber Alfaria Trijaya Tbk Pt |
AMRT IJ
|
5,788,300
|
1,100,771 | 3.29 |
Adaro Energy Indonesia Tbk Pt |
ADRO IJ
|
4,743,300
|
929,320 | 2.78 |
Top 10 Total (%) | 56.08 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● Indonesia | 78.54 |
● China | 10.85 |
● Singapore | 3.74 |
● Thailand | 3.06 |
● United Kingdom | 1.39 |
● Germany | 1.17 |
● Australia | 0.86 |
● Malaysia | 0.51 |
● Other/Cash | -0.12 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Financials | 29.16 |
● Materials | 14.02 |
● Consumer Discretionary | 13.10 |
● Consumer Staples | 12.21 |
● Communication Services | 11.42 |
● Energy | 11.34 |
● Health Care | 3.36 |
● Industrials | 2.78 |
● Real Estate | 1.77 |
● Utilities | 0.95 |
● Other/Cash | -0.12 |