AUM$3.10B
Expense Ratio0.35%
NAV$37.11
Holdings76
InceptionMar 4, 2014
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
—Dividend Yield
—Expense Ratio
0.35%AUM
$3.10BShares Outstanding
—Sector Breakdown
| Sector | Weight % |
|---|---|
| Basic Materials | 20.06% |
| Financial Services | 19.84% |
| Industrials | 13.99% |
| Real Estate | 9.83% |
| Healthcare | 7.83% |
| Energy | 6.50% |
| Consumer Defensive | 5.22% |
| Consumer Cyclical | 4.86% |
| Communication Services | 4.47% |
| Utilities | 4.04% |
| Technology | 3.36% |
Country Allocation
| Country | Weight % |
|---|---|
| Australia | 97.29% |
| United Kingdom | 1.52% |
| Other | 1.19% |
Fund Information
- Issuer
- VanEck
- Category
- Basic Materials
- Inception Date
- Mar 4, 2014
- Description
- Our Australian equal weight ETF, MVW gives investors exposure to a diversified portfolio of Australian equities. The holdings in MVW are equally weighted. MVW aims to provide investment returns, before fees and other costs, which track the performance of the Index.An award winning Australian equity strategy backed by significant research investing in the largest and most liquid Australian listed companies.A portfolio which offers true diversification by equally weighting across companies and reducing sector concentration.Equally weighting has been proven to produce long-term outperformance compared to a market capitalisation approach.
Similar ETFs
The VanEck - Australian Equal Weight ETF (MVW.AX) is an exchange-traded fund issued by VanEck that launched on Mar 4, 2014. It currently manages $3.10B in assets under management. The fund charges an expense ratio of 0.35%. The fund holds 76 securities in its portfolio. It falls under the Basic Materials category.
Top 10 holdings represent 17.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | LYC.AX | Lynas Rare Earths Ltd | 2.25% | 3,320,227 | $70.3M |
| 2 | S32.AX | South32 Ltd | 1.71% | 12,325,378 | $53.6M |
| 3 | WDS.AX | Woodside Energy Group Ltd | 1.71% | 1,717,266 | $53.3M |
| 4 | WHC.AX | Whitehaven Coal Ltd | 1.70% | 5,729,635 | $53.2M |
| 5 | WOW.AX | Woolworths Group Ltd | 1.65% | 1,436,291 | $51.5M |
| 6 | REH.AX | Reece Ltd | 1.62% | 3,501,181 | $50.7M |
| 7 | STO.AX | Santos Ltd | 1.61% | 6,740,747 | $50.5M |
| 8 | RHC.AX | Ramsay Health Care Ltd | 1.59% | 1,192,667 | $49.9M |
| 9 | EVN.AX | Evolution Mining Ltd | 1.56% | 3,489,654 | $48.7M |
| 10 | BHP.AX | Bhp Group Ltd | 1.55% | 951,938 | $48.5M |
| 11 | PLS.AX | Pilbara Minerals Ltd | 1.54% | 10,095,072 | $48.3M |
| 12 | NAB.AX | National Australia Bank Ltd | 1.54% | 1,035,139 | $48.0M |
| 13 | MIN.AX | Mineral Resources Ltd | 1.53% | 821,214 | $47.8M |
| 14 | AZJ.AX | Aurizon Holdings Ltd | 1.52% | 11,977,204 | $47.7M |
| 15 | BSL.AX | Bluescope Steel Ltd | 1.52% | 1,785,986 | $47.5M |
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Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | — | — |
Moving Averages
20-Day MA
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50-Day MA
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200-Day MA
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Price with Moving Averages
Support & Resistance
52-Week High
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Current Price
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52-Week Low
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Current Yield
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Annual Dividend
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Frequency
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Last Ex-Date
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Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | MVW.AX | Basic Materials(120 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.35% | 0.63% |
| AUM | $3.10B | $3.32B |
| Dividend Yield | — | 2.24% |
| Avg Volume | — | 1.9M |
| Holdings | 76 | 68 |
| Performance | ||
| 1-Month Return | — | -3.30% |
| 6-Month Return | — | +29.21% |
| YTD Return | — | +10.94% |
| 1-Year Return | — | +68.45% |
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