IDX
VanEck Indonesia Index ETF
IDX
VanEck Indonesia Index ETF
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NAV$17.17
as of December 06, 2023 -
YTD RETURNS-0.96%
as of December 06, 2023 -
Total Net Assets$29.19M
as of December 06, 2023 -
Gross Expense Ratio0.67%
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Net Expense Ratio0.57%
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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