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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

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MVVNMTR

  • Index Rebalancing

    Quarterly

 
as of 01/18/22

  • 30-Day SEC Yield1

    0.48%

  • Total Net Assets

    $545.2M

  • Number of Holdings

    51

  • Options

    Expected

  • Gross Expense Ratio2

    0.61%

  • Net Expense Ratio/TER2

    0.61%

  • Distribution Frequency

    Annual
Schedule a Call
How to Buy

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

    27,650,000

  • 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

  • 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
  • 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
  • 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 01/18/22

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 $19.72
$19.68		 232,260
568,916		 -$1.09 / -5.23%
$-1.06 / -5.11%		 -7.69%
-7.34%
 $-0.04
-0.20%		 0.09%

Premium/Discount History as of 01/18/22

Calendar Year 2020 1Q 2021 2Q 2021 3Q 2021 4Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 120 44 37 48 4
VNM Days closed at NAV 8 0 3 0 0
Days closed at a discount 125 17 23 16 60


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

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/11/09
VNM (NAV) 3.23 10.88 22.52 22.52 13.53 11.27 5.62 0.36
VNM (Share Price) 2.86 10.76 22.04 22.04 13.55 11.02 5.69 0.29
MVVNMTR (Index) 3.26 10.91 24.12 24.12 14.58 12.20 6.66 1.21
Performance Differential (NAV - Index) -0.03 -0.03 -1.60 -1.60 -1.05 -0.93 -1.04 -0.85
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
08/11/09
VNM (NAV) 3.23 10.88 22.52 22.52 13.53 11.27 5.62 0.36
VNM (Share Price) 2.86 10.76 22.04 22.04 13.55 11.02 5.69 0.29
MVVNMTR (Index) 3.26 10.91 24.12 24.12 14.58 12.20 6.66 1.21
Performance Differential (NAV - Index) -0.03 -0.03 -1.60 -1.60 -1.05 -0.93 -1.04 -0.85

*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.

The "Net Asset Value" (NAV) of a VanEck Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 12/31/21 Daily Holdings

Total Holdings: 51
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full data
Holding Name
Ticker
Shares
 Market Value
(US$) 		% of Net
Assets
Vinhomes Jsc
VHM VN
12,909,867
 46,405,075 7.86
Masan Group Corp
MSN VN
6,055,530
 45,436,403 7.69
Vingroup Jsc
VIC VN
9,874,449
 41,175,128 6.97
Vietnam Dairy Products Jsc
VNM VN
9,879,441
 37,449,665 6.34
No Va Land Investment Group Corp
NVL VN
8,268,458
 33,015,782 5.59
Hoa Phat Group Jsc
HPG VN
15,989,352
 32,535,424 5.51
Thaiholdings Jsc
THD VN
2,352,200
 28,566,177 4.84
Feng Tay Enterprise Co Ltd
9910 TT
3,176,000
 26,547,419 4.49
Eclat Textile Co Ltd
1476 TT
1,144,160
 26,071,058 4.41
Ssi Securities Corp
SSI VN
8,548,172
 19,422,743 3.29
Top 10 Total (%) 56.99
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 12/31/21

  • Country

    % of Net Assets
  • ■

    Vietnam

    78.75
  • ■

    Taiwan Region

    10.86
  • ■

    South Korea

    7.77
  • ■

    Japan

    2.19
  • ■

    Malaysia

    0.39
  • ■

    Other/Cash

    0.04

Sector Weightings (%) as of 12/31/21

  • Sector

    % of Net Assets
  • ■

    Real Estate

    26.3
  • ■

    Consumer Staples

    18.0
  • ■

    Industrials

    12.4
  • ■

    Financials

    12.2
  • ■

    Consumer Discretionary

    11.6
  • ■

    Materials

    8.7
  • ■

    Information Technology

    7.0
  • ■

    Health Care

    2.2
  • ■

    Utilities

    0.9
  • ■

    Energy

    0.6
  • ■

    n/a

    0.0
  • ■

    Other/Cash

    0.0