IDXVanEck Indonesia Index ETF
Fund Description
VanEck Indonesia Index ETF (IDX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Indonesia Index (MVIDXTR), which includes securities of companies that are incorporated in Indonesia or that are incorporated outside of Indonesia but have at least 50% of their revenues/related assets in Indonesia.
-
Fund Ticker
IDX -
Exchange
NYSE Arca -
Inception Date
01/15/2009 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVIDXTR -
Index Rebalancing
Quarterly
as of 05/26/23
-
30-Day SEC Yield1
3.31 -
Total Net Assets
$29.4M -
Number of Holdings
54 -
Options
No -
Gross Expense Ratio2
0.67% -
Net Expense Ratio/TER2
0.57% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- Nation's First ETF Focused Exclusively on Indonesia
To a range of the largest and most liquid stocks in the Indonesian investable universe
- Largest Economy in Southeast Asia
Indonesia has a vibrant economy with favorable demographics; over 40% of the population are under the age of 25
- Pure Play
Companies must be incorporated in, or derive at least 50% of total revenues from Indonesia to be added to the index
Trading Information
-
Fund Ticker
IDX -
Index Total Return Ticker
MVIDXTR -
NAV
IDXNV -
Intraday NAV (IIV)4
IDXIV -
Shares Outstanding
1,650,000 -
Estimated Cash
IDXEU -
Total Cash
IDXTC -
CUSIP
92189F833 -
ISIN
US92189F8335
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.17% -
Gross Expense Ratio
0.67% -
Fee Waivers and
-0.10%
Expense Reimbursement -
Net Expense Ratio/TER2
0.57%
2 Expenses for IDX are capped contractually at 0.57% until May 1, 2024. 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 01/15/09 |
|
---|---|---|---|---|---|---|---|---|
IDX (NAV) | 4.38 | 2.44 | 7.52 | -12.81 | 9.92 | -1.67 | -3.39 | 7.77 |
IDX (Share Price) | 4.20 | 3.05 | 7.09 | -12.85 | 11.14 | -1.58 | -3.49 | 7.75 |
MVIDXTR (Index) | 4.35 | 2.63 | 7.36 | -12.87 | 9.84 | -1.56 | -2.98 | 8.36 |
Performance Differential (NAV - Index) | 0.03 | -0.19 | 0.16 | 0.06 | 0.08 | -0.11 | -0.41 | -0.59 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 01/15/09 |
|
---|---|---|---|---|---|---|---|---|
IDX (NAV) | 1.50 | 3.01 | 3.01 | -12.73 | 13.95 | -3.47 | -3.66 | 7.49 |
IDX (Share Price) | 1.26 | 2.77 | 2.77 | -12.69 | 14.25 | -3.53 | -3.70 | 7.48 |
MVIDXTR (Index) | 0.36 | 2.88 | 2.88 | -12.69 | 13.93 | -3.20 | -3.22 | 8.08 |
Performance Differential (NAV - Index) | 1.14 | 0.13 | 0.13 | -0.04 | 0.02 | -0.27 | -0.44 | -0.59 |
Top 10 Holdings (%) as of 04/30/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Bank Central Asia Tbk Pt |
BBCA IJ
|
4,147,100
|
2,566,437 | 8.34 |
Bank Rakyat Indonesia Persero Tbk Pt |
BBRI IJ
|
7,347,333
|
2,560,392 | 8.33 |
Bank Mandiri Persero Tbk Pt |
BMRI IJ
|
6,056,704
|
2,141,043 | 6.96 |
Telkom Indonesia Persero Tbk Pt |
TLK US
|
72,838
|
2,097,734 | 6.82 |
Astra International Tbk Pt |
ASII IJ
|
4,501,400
|
2,076,356 | 6.75 |
Bank Negara Indonesia Persero Tbk Pt |
BBNI IJ
|
2,089,632
|
1,346,660 | 4.38 |
Goto Gojek Tokopedia Tbk Pt |
GOTO IJ
|
188,064,400
|
1,342,848 | 4.37 |
Adaro Energy Indonesia Tbk Pt |
ADRO IJ
|
4,480,200
|
959,050 | 3.12 |
Merdeka Copper Gold Tbk Pt |
MDKA IJ
|
3,512,195
|
947,445 | 3.08 |
Sumber Alfaria Trijaya Tbk Pt |
AMRT IJ
|
4,420,300
|
874,035 | 2.84 |
Top 10 Total (%) | 54.99 |
Country Weightings (%)
as of 04/30/23
Country | % of Net Assets |
---|---|
● Indonesia | 77.94 |
● China | 11.64 |
● Singapore | 3.48 |
● Thailand | 2.78 |
● United Kingdom | 1.57 |
● Germany | 1.04 |
● Australia | 0.93 |
● Malaysia | 0.49 |
● Other/Cash | 0.15 |
Sector Weightings (%)
as of 04/30/23
Sector | % of Net Assets |
---|---|
● Financials | 29.66 |
● Materials | 14.39 |
● Consumer Staples | 12.32 |
● Communication Services | 11.15 |
● Energy | 10.87 |
● Industrials | 9.88 |
● Consumer Discretionary | 5.17 |
● Health Care | 3.57 |
● Real Estate | 1.92 |
● Utilities | 0.93 |
● Other/Cash | 0.15 |