VNMVanEck Vietnam ETF
Fund Description
VanEck Vietnam ETF (VNM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Vietnam Index (MVVNMTR®), which includes securities of publicly traded companies that are incorporated in Vietnam or that are incorporated outside of Vietnam but have at least 50% of their revenues/related assets in Vietnam.
-
Fund Ticker
VNM -
Exchange
Cboe -
Inception Date
08/11/2009 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVVNMTR -
Index Rebalancing
Quarterly
as of 02/03/23
-
30-Day SEC Yield1
1.58% -
Total Net Assets
$523.8M -
Number of Holdings
55 -
Options
No -
Gross Expense Ratio2
0.59% -
Net Expense Ratio/TER2
0.59% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Vietnam’s Bright Macroeconomic Outlook
Key Documents and Links
Fund Highlights
- Demographic Advantage
Among the world's most populous nations where 58% of the population is working age with an average age of 32*
- One Trade Access to Vietnam
Largest and most liquid U.S. ETF that provides exposure to Vietnamese companies**
- Convenient Way to Customize International Exposure
Companies must be incorporated in or, derive at least 50% of total revenues from, Vietnam to be added to the index
- *Source: KPMG: Investing in Vietnam 2021
**Source: FactSet data
Trading Information
-
Fund Ticker
VNM -
Index Total Return Ticker
MVVNMTR -
NAV
VNMNV -
Intraday NAV (IIV)4
VNMIV -
Shares Outstanding
42,300,000 -
Estimated Cash
VNMEU -
Total Cash
VNMTC -
CUSIP
92189F817 -
ISIN
US92189F8178
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.09% -
Acquired Fund Fees and Expenses
-- -
Gross Expense Ratio
0.59% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.59%
2 Expenses for VNM are capped contractually at 0.76% 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 08/11/09 |
|
---|---|---|---|---|---|---|---|---|
VNM (NAV) | 9.09 | 12.46 | 9.09 | -34.77 | -4.29 | -7.24 | -3.03 | -3.34 |
VNM (Share Price) | 8.87 | 11.40 | 8.87 | -34.19 | -4.11 | -7.48 | -3.41 | -3.31 |
MVVNMTR (Index) | 8.62 | 12.00 | 8.62 | -33.97 | -3.85 | -6.51 | -2.11 | -2.55 |
Performance Differential (NAV - Index) | 0.47 | 0.46 | 0.47 | -0.80 | -0.44 | -0.73 | -0.92 | -0.79 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/11/09 |
|
---|---|---|---|---|---|---|---|---|
VNM (NAV) | -4.25 | -9.07 | -44.47 | -44.47 | -9.28 | -6.94 | -2.05 | -3.98 |
VNM (Share Price) | -6.48 | -10.14 | -43.73 | -43.73 | -8.95 | -7.26 | -2.51 | -3.94 |
MVVNMTR (Index) | -3.29 | -9.56 | -44.02 | -44.02 | -8.45 | -6.16 | -1.03 | -3.17 |
Performance Differential (NAV - Index) | -0.96 | 0.49 | -0.45 | -0.45 | -0.83 | -0.78 | -1.02 | -0.81 |
Top 10 Holdings (%) as of 01/31/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Vinhomes Jsc |
VHM VN
|
18,948,967
|
41,241,543 | 7.65 |
Hoa Phat Group Jsc |
HPG VN
|
40,570,997
|
38,378,392 | 7.12 |
Vietnam Dairy Products Jsc |
VNM VN
|
11,155,141
|
36,726,812 | 6.81 |
Vingroup Jsc |
VIC VN
|
14,769,049
|
36,026,563 | 6.68 |
Masan Group Corp |
MSN VN
|
6,509,176
|
28,160,701 | 5.22 |
Bank For Foreign Trade Of Vietnam Jsc |
VCB VN
|
6,834,845
|
26,863,943 | 4.98 |
Eclat Textile Co Ltd |
1476 TT
|
1,316,160
|
21,949,982 | 4.07 |
Mani Inc |
7730 JP
|
1,453,100
|
21,274,151 | 3.95 |
Ssi Securities Corp |
SSI VN
|
22,215,608
|
20,563,242 | 3.81 |
Feng Tay Enterprise Co Ltd |
9910 TT
|
2,832,000
|
18,698,619 | 3.47 |
Top 10 Total (%) | 53.77 |
Country Weightings (%)
as of 01/31/23
Country | % of Net Assets |
---|---|
● Vietnam | 78.18 |
● Taiwan Region | 9.39 |
● South Korea | 8.75 |
● Japan | 3.95 |
● Malaysia | 0.35 |
● Other/Cash | -0.61 |
Sector Weightings (%)
as of 01/31/23
Sector | % of Net Assets |
---|---|
● Real Estate | 22.06 |
● Consumer Staples | 18.61 |
● Financials | 16.90 |
● Materials | 10.38 |
● Consumer Discretionary | 10.20 |
● Information Technology | 7.94 |
● Industrials | 6.15 |
● Health Care | 3.95 |
● Energy | 1.49 |
● Utilities | 1.11 |
● n/a | 1.82 |
● Other/Cash | -0.61 |