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 07/01/22
-
30-Day SEC Yield1
0.71% -
Total Net Assets
$377.7M -
Number of Holdings
61 -
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
25,900,000 -
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%
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
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
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) | -6.46 | -18.03 | -24.67 | -17.43 | 0.85 | 3.12 | 0.50 | -1.85 |
VNM (Share Price) | -5.87 | -17.79 | -24.48 | -18.10 | 0.24 | 2.84 | 0.52 | -1.89 |
MVVNMTR (Index) | -6.67 | -17.31 | -24.32 | -16.63 | 1.74 | 3.99 | 1.57 | -1.01 |
Performance Differential (NAV - Index) | 0.21 | -0.72 | -0.35 | -0.80 | -0.89 | -0.87 | -1.07 | -0.84 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/11/09 |
|
---|---|---|---|---|---|---|---|---|
VNM (NAV) | -3.24 | -11.09 | -11.09 | 6.69 | 5.19 | 7.02 | 1.73 | -0.58 |
VNM (Share Price) | -3.28 | -11.16 | -11.16 | 4.77 | 5.03 | 6.87 | 1.62 | -0.65 |
MVVNMTR (Index) | -2.37 | -10.64 | -10.64 | 8.61 | 6.31 | 7.97 | 2.83 | 0.29 |
Performance Differential (NAV - Index) | -0.87 | -0.45 | -0.45 | -1.92 | -1.12 | -0.95 | -1.10 | -0.87 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Vingroup Jsc |
VIC VN |
11,464,949 |
38,920,100 | 9.28 |
Vinhomes Jsc |
VHM VN |
10,574,467 |
31,704,804 | 7.56 |
Hoa Phat Group Jsc |
HPG VN |
17,939,152 |
26,801,690 | 6.39 |
No Va Land Investment Group Corp |
NVL VN |
7,241,458 |
24,349,716 | 5.81 |
Masan Group Corp |
MSN VN |
4,943,176 |
23,938,270 | 5.71 |
Feng Tay Enterprise Co Ltd |
9910 TT |
3,284,000 |
21,269,781 | 5.07 |
Eclat Textile Co Ltd |
1476 TT |
1,249,160 |
21,248,356 | 5.07 |
Vietnam Dairy Products Jsc |
VNM VN |
6,563,541 |
20,293,423 | 4.84 |
Saigon Thuong Tin Commercial Jsb |
STB VN |
16,445,900 |
15,808,867 | 3.77 |
Vietjet Aviation Jsc |
VJC VN |
2,598,640 |
14,668,477 | 3.50 |
Top 10 Total (%) | 57.01 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
Vietnam
80.37 -
■
Taiwan Region
11.47 -
■
South Korea
6.01 -
■
Japan
1.63 -
■
Malaysia
0.24 -
■
Other/Cash
0.28
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Real Estate
29.2 -
■
Consumer Staples
13.9 -
■
Financials
13.6 -
■
Consumer Discretionary
12.1 -
■
Materials
10.7 -
■
Industrials
9.3 -
■
Information Technology
5.4 -
■
Health Care
1.6 -
■
Energy
1.1 -
■
Utilities
0.6 -
■
n/a
2.4 -
■
Other/Cash
0.3