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VNM
VanEck 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 09/26/22

  • 30-Day SEC Yield1

    0.80%
  • Total Net Assets

    $337.6M
  • Number of Holdings

    59
  • Options

    No
  • Gross Expense Ratio2

    0.59%
  • Net Expense Ratio/TER2

    0.59%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Nation's First ETF Focused Exclusively on Vietnam  
    Among the world's most populous nations; roughly 40% of the population is under the age of 25

  • One-Trade Access to Local Market 
    Approximately 70% of Index market cap currently represents locally-listed 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

Trading Information

  • Fund Ticker

    VNM
  • Index Total Return Ticker

    MVVNMTR
  • NAV

    VNMNV
  • Intraday NAV (IIV)4

    VNMIV
  • Shares Outstanding

    24,550,000
  • Estimated Cash

    VNMEU
  • Total Cash

    VNMTC
  • CUSIP

    92189F817
  • ISIN

    US92189F8178
Source: Bloomberg

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%

2Expenses 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

  • 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
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 09/26/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
VNM $13.75
$13.59
222,231
393,362
$-0.38 / -2.72%
$-0.46 / -3.27%
-35.63%
-36.02%
$-0.16
-1.17%
0.07%

Premium/Discount History as of 09/26/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 133 48 4 5 3
VNM Days closed at NAV 3 0 0 1 1
Days closed at a discount 116 16 60 56 58

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) 3.40 -5.09 -28.51 -21.86 -0.49 1.41 0.82 -2.21
VNM (Share Price) 4.07 -4.43 -27.82 -22.00 -0.20 1.58 0.69 -2.19
MVVNMTR (Index) 4.02 -4.82 -27.97 -20.79 0.53 2.28 1.94 -1.36
Performance Differential (NAV - Index) -0.62 -0.27 -0.54 -1.07 -1.02 -0.87 -1.12 -0.85
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/11/09
VNM (NAV) -9.55 -23.37 -31.87 -29.24 -2.81 0.30 -0.41 -2.60
VNM (Share Price) -10.22 -23.69 -32.20 -30.40 -2.96 -0.02 -0.68 -2.70
MVVNMTR (Index) -9.76 -23.57 -31.70 -28.51 -1.90 1.08 0.68 -1.79
Performance Differential (NAV - Index) 0.21 0.20 -0.17 -0.73 -0.91 -0.78 -1.09 -0.81

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings: 60
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Vinhomes Jsc
VHM VN
10,872,067
28,220,783 7.41
Vingroup Jsc
VIC VN
9,535,949
25,876,786 6.79
Hoa Phat Group Jsc
HPG VN
25,748,197
25,211,033 6.62
Masan Group Corp
MSN VN
5,071,776
24,703,256 6.48
No Va Land Investment Group Corp
NVL VN
6,755,558
23,578,492 6.19
Vietnam Dairy Products Jsc
VNM VN
6,062,441
19,502,885 5.12
Saigon Thuong Tin Commercial Jsb
STB VN
15,190,900
16,020,633 4.20
Eclat Textile Co Ltd
1476 TT
1,053,160
15,253,377 4.00
Feng Tay Enterprise Co Ltd
9910 TT
2,704,000
15,170,403 3.98
Bank For Foreign Trade Of Vietnam Jsc
VCB VN
3,813,145
13,646,065 3.58
Top 10 Total (%) 54.37
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • Vietnam

    83.17
  • Taiwan Region

    9.19
  • South Korea

    5.53
  • Japan

    1.99
  • Malaysia

    0.22
  • Other/Cash

    -0.09

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Real Estate

    26.9
  • Consumer Staples

    15.3
  • Financials

    15.0
  • Materials

    10.6
  • Industrials

    10.0
  • Consumer Discretionary

    9.6
  • Information Technology

    5.1
  • Health Care

    2.0
  • Energy

    1.1
  • Utilities

    0.6
  • n/a

    3.8
  • Other/Cash

    -0.1