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VNM
VanEck Vectors Vietnam ETF

Fund Description

VanEck Vectors^® 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
ETF Structure
Physical
Administrator
Van Eck Associates
Custodian
State Street Bank and Trust Company
Index Ticker
MVVNMTR
Index Rebalancing
Quarterly

as of 05/07/21

30-Day SEC Yield¹
0.40%
Total Net Assets
$517.9M
Number of Holdings
30
Options
Expected
Gross Expense Ratio²
0.61%
Net Expense Ratio/TER²
0.61%
Distribution Frequency
Annual

Schedule a Call

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
27,400,000
Estimated Cash
VNMEU
Total Cash
VNMTC
CUSIP
92189F817
ISIN
US92189F8178

Source: Bloomberg

Fees and Expenses²

Management Fee
0.50%
Other Expenses
0.11%
Acquired Fund Fees and Expenses
--
Gross Expense Ratio
0.61%
Fee Waivers and
Expense Reimbursement
--
Net Expense Ratio/TER²
0.61%

²Expenses for VNM are capped contractually at 0.76% until May 1, 2022. 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

Guo Hua (Jason) Jin

Portfolio Manager and Analyst for Equity ETFs
Joined VanEck in 2007
Prior to his current role, held a portfolio administration position at VanEck
Previously, Portfolio Analyst at Evaluation Associates
BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo

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

Prices as of 05/07/21

	NAV/ Market Price	Volume 30-Day Avg./ Last Trading Day	Daily Change NAV/ Last Price	YTD Change NAV/ Last Price	Premium/ Discount	Prem/Discount Distribution Charts	NAV & Prem/Discount History	30-Day Median Bid Ask Spread	NAV Chart
VNM	$18.90 $19.05	306,699 125,813	-$0.01 / -0.07% $0.19 / +1.01%	+7.88% +8.92%	$0.15 0.79%			--

Premium/Discount History as of 05/07/21

		Calendar Year 2020	2Q 2020	3Q 2020	4Q 2020	1Q 2021
	Days closed at a premium	120	30	40	30	44
VNM	Days closed at NAV	8	2	2	0	0
	Days closed at a discount	125	31	22	34	17

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

Month End as of 04/30/21
Quarter End as of 03/31/21

	1 MO	3 MO	YTD	1 YR	3 YR	5 YR	10 YR	LIFE 08/11/09
VNM (NAV)	5.94	12.46	8.17	53.43	2.27	6.76	-0.22	-0.68
VNM (Share Price)	4.14	11.41	7.78	52.03	2.45	6.66	-0.56	-0.75
MVVNMTR (Index)	6.61	12.54	8.87	54.80	3.10	7.63	0.66	0.15
Performance Differential (NAV - Index)	-0.67	-0.08	-0.70	-1.37	-0.83	-0.87	-0.88	-0.83

	1 MO	3 MO	YTD	1 YR	3 YR	5 YR	10 YR	LIFE 08/11/09
VNM (NAV)	1.46	2.10	2.10	70.36	-1.92	6.25	-0.71	-1.18
VNM (Share Price)	2.84	3.49	3.49	74.08	-1.91	6.43	-0.89	-1.10
MVVNMTR (Index)	1.16	2.12	2.12	69.45	-1.40	7.05	0.11	-0.40
Performance Differential (NAV - Index)	0.30	-0.02	-0.02	0.91	-0.52	-0.80	-0.82	-0.78

*Returns less than one year are not annualized.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Top 10 Holdings (%) as of 04/30/21 Daily Holdings

Total Holdings: 30

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full data

	Holding Name	Ticker	Shares	Market Value (US$)	% of Net Assets
	VINGROUP JSC	VIC VN	8,338,522	47,228,547	9.09
	NO VA LAND INVESTMENT GROUP CORP	NVL VN	8,035,781	45,658,688	8.79
	HOA PHAT GROUP JSC	HPG VN	15,749,002	39,639,267	7.63
	VIETNAM DAIRY PRODUCTS JSC	VNM VN	8,743,141	35,379,119	6.81
	VINHOMES JSC	VHM VN	7,741,652	33,259,778	6.40
	BANK FOR FOREIGN TRADE OF VIETNAM JSC	VCB VN	6,363,032	27,502,346	5.30
	MASAN GROUP CORP	MSN VN	6,192,230	26,234,139	5.05
	ECLAT TEXTILE CO LTD	1476 TT	1,316,160	25,200,868	4.85
	FENG TAY ENTERPRISE CO LTD	9910 TT	3,149,000	23,308,780	4.49
	MANI INC	7730 JP	965,600	22,755,533	4.38
Top 10 Total (%)					62.79

These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 04/30/21

Country
% of Net Assets
■
Vietnam
66.07
■
South Korea
18.82
■
Taiwan
9.34
■
Japan
4.38
■
Malaysia
1.42
■
Other/Cash
-0.03

Sector Weightings (%) as of 04/30/21

Sector
% of Net Assets
■
Real Estate
29.2
■
Information Technology
16.9
■
Consumer Staples
13.5
■
Consumer Discretionary
11.2
■
Financials
9.9
■
Materials
7.6
■
Industrials
5.7
■
Health Care
4.4
■
Utilities
1.6
■
n/a
0.0
■
Other/Cash
0.0

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