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 01/27/23
-
30-Day SEC Yield1
1.55% -
Total Net Assets
$543.0M -
Number of Holdings
55 -
Options
No -
Gross Expense Ratio2
0.59% -
Net Expense Ratio/TER2
0.59% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Vietnam’s Bright Macroeconomic Outlook
Key Documents and Links
Fund Highlights
- Demographic Advantage
Among the world's most populous nations where 58% of the population is working age with an average age of 32*
- One Trade Access to Vietnam
Largest and most liquid U.S. ETF that provides exposure to 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
- *Source: KPMG: Investing in Vietnam 2021
**Source: FactSet data
Trading Information
-
Fund Ticker
VNM -
Index Total Return Ticker
MVVNMTR -
NAV
VNMNV -
Intraday NAV (IIV)4
VNMIV -
Shares Outstanding
42,050,000 -
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%
2 Expenses 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
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) | -4.25 | -9.07 | -44.47 | -44.47 | -9.28 | -6.94 | -2.05 | -3.98 |
VNM (Share Price) | -6.48 | -10.14 | -43.73 | -43.73 | -8.95 | -7.26 | -2.51 | -3.94 |
MVVNMTR (Index) | -3.29 | -9.56 | -44.02 | -44.02 | -8.45 | -6.16 | -1.03 | -3.17 |
Performance Differential (NAV - Index) | -0.96 | 0.49 | -0.45 | -0.45 | -0.83 | -0.78 | -1.02 | -0.81 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/11/09 |
|
---|---|---|---|---|---|---|---|---|
VNM (NAV) | -4.25 | -9.07 | -44.47 | -44.47 | -9.28 | -6.94 | -2.05 | -3.98 |
VNM (Share Price) | -6.48 | -10.14 | -43.73 | -43.73 | -8.95 | -7.26 | -2.51 | -3.94 |
MVVNMTR (Index) | -3.29 | -9.56 | -44.02 | -44.02 | -8.45 | -6.16 | -1.03 | -3.17 |
Performance Differential (NAV - Index) | -0.96 | 0.49 | -0.45 | -0.45 | -0.83 | -0.78 | -1.02 | -0.81 |
Top 10 Holdings (%) as of 12/31/22
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Vinhomes Jsc |
VHM VN
|
14,907,067
|
30,303,048 | 7.34 |
Vietnam Dairy Products Jsc |
VNM VN
|
8,775,241
|
28,324,458 | 6.86 |
Vingroup Jsc |
VIC VN
|
11,619,749
|
26,470,456 | 6.41 |
Hoa Phat Group Jsc |
HPG VN
|
31,916,297
|
24,363,855 | 5.90 |
Feng Tay Enterprise Co Ltd |
9910 TT
|
3,123,000
|
20,922,604 | 5.07 |
Masan Group Corp |
MSN VN
|
5,119,776
|
20,187,170 | 4.89 |
Eclat Textile Co Ltd |
1476 TT
|
1,234,160
|
19,812,075 | 4.80 |
Mani Inc |
7730 JP
|
1,218,500
|
18,578,836 | 4.50 |
Bank For Foreign Trade Of Vietnam Jsc |
VCB VN
|
5,373,545
|
18,248,108 | 4.42 |
Ssi Securities Corp |
SSI VN
|
17,475,408
|
13,079,375 | 3.17 |
Top 10 Total (%) | 53.33 |
Country Weightings (%)
as of 12/31/22
Country | % of Net Assets |
---|---|
● Vietnam | 71.59 |
● Taiwan Region | 12.14 |
● South Korea | 10.84 |
● Japan | 4.50 |
● Malaysia | 0.43 |
● Other/Cash | 0.50 |
Sector Weightings (%)
as of 12/31/22
Sector | % of Net Assets |
---|---|
● Real Estate | 21.22 |
● Consumer Staples | 18.09 |
● Financials | 14.48 |
● Consumer Discretionary | 13.07 |
● Information Technology | 9.91 |
● Materials | 8.96 |
● Industrials | 5.45 |
● Health Care | 4.50 |
● Energy | 1.27 |
● Utilities | 0.97 |
● n/a | 1.58 |
● Other/Cash | 0.50 |