VNM
VanEck Vietnam ETF
VNM
VanEck Vietnam ETF
-
NAV$18.67
as of February 02, 2026 -
YTD RETURNS-0.88%
as of February 02, 2026 -
Total Net Assets$639.44M
as of February 02, 2026 -
Gross Expense Ratio0.68%
-
Net Expense Ratio0.68%
-
Inception Date08/11/2009
About VNM
VanEck Vietnam ETF (VNM®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector™ Vietnam Local Index (MVVNMLTR), which tracks securities of publicly traded companies that are locally incorporated in Vietnam.
Overview
Why VNM
- Demographic Advantage: Among the world's most populous nations where 58% of the population is working age with an average age of 32
(Source: KPMG: Investing in Vietnam 2021)
- One Trade Access to Vietnam: Largest and most liquid U.S. ETF that provides exposure to Vietnamese companies
(Source: J.P. Morgan and ICE Data Services.)
- Convenient Way to Customize International Exposure: Companies must be incorporated in Vietnam to be added to the index
Performance
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) | 3.85 | 5.38 | 62.42 | 62.42 | 19.15 | 2.85 | 3.75 | -0.11 |
| VNM (Share Price) | 4.25 | 7.17 | 66.55 | 66.55 | 19.37 | 3.16 | 3.88 | -0.04 |
| MVVNMLTR (Index) | 4.12 | 5.81 | 64.05 | 64.05 | 20.44 | 3.95 | 4.64 | 0.78 |
| Performance Differential (NAV - Index) | -0.27 | -0.43 | -1.63 | -1.63 | -1.29 | -1.10 | -0.89 | -0.89 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/11/09 |
|
|---|---|---|---|---|---|---|---|---|
| VNM (NAV) | 3.85 | 5.38 | 62.42 | 62.42 | 19.15 | 2.85 | 3.75 | -0.11 |
| VNM (Share Price) | 4.25 | 7.17 | 66.55 | 66.55 | 19.37 | 3.16 | 3.88 | -0.04 |
| MVVNMLTR (Index) | 4.12 | 5.81 | 64.05 | 64.05 | 20.44 | 3.95 | 4.64 | 0.78 |
| Performance Differential (NAV - Index) | -0.27 | -0.43 | -1.63 | -1.63 | -1.29 | -1.10 | -0.89 | -0.89 |
$-0.33
/
-1.75%
Fees
Holdings
Daily Holdings (%) as of 02/02/2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
MSN VN |
Masan Group Corp | 7.52 |
BBG000PSPMR5 |
14,939,576 |
Stock | 48,102,375 | -- |
|
VHM VN |
Vinhomes Jsc | 7.49 |
BBG00KMYS8P1 |
12,701,167 |
Stock | 47,911,458 | -- |
|
VIC VN |
Vingroup Jsc | 6.93 |
BBG000TD3TC9 |
8,853,098 |
Stock | 44,337,735 | -- |
|
HPG VN |
Hoa Phat Group Jsc | 6.42 |
BBG000TX8GM7 |
40,081,999 |
Stock | 41,078,302 | -- |
|
VNM VN |
Vietnam Dairy Products Jsc | 6.25 |
BBG000BF6N60 |
14,324,141 |
Stock | 39,944,457 | -- |
|
VCB VN |
Bank For Foreign Trade Of Vietnam Jsc | 6.08 |
BBG000BM8HF6 |
14,118,401 |
Stock | 38,875,124 | -- |
|
SSI VN |
Ssi Securities Corp | 6.02 |
BBG000BN4DR4 |
32,388,126 |
Stock | 38,502,609 | -- |
|
VIX VN |
Vix Securities Jsc | 3.62 |
BBG000Q3LMQ4 |
27,340,606 |
Stock | 23,147,470 | -- |
|
VJC VN |
Vietjet Aviation Jsc | 2.70 |
BBG000QBJXH5 |
2,641,940 |
Stock | 17,266,816 | -- |
|
VRE VN |
Vincom Retail Jsc | 2.68 |
BBG004MP70P6 |
15,875,222 |
Stock | 17,139,982 | -- |
|
VCI VN |
Vietcap Securities Jsc | 2.64 |
BBG0073XTVS8 |
12,154,235 |
Stock | 16,884,500 | -- |
|
VND VN |
Vndirect Securities Corp | 2.39 |
BBG000QK20H5 |
21,859,225 |
Stock | 15,269,234 | -- |
|
TCX VN |
Techcom Securities Jsc | 2.25 |
BBG00YPQWJB1 |
6,729,500 |
Stock | 14,401,981 | -- |
|
SHB VN |
Saigon - Hanoi Commercial Joint Stock B | 2.20 |
BBG000G88YK9 |
23,177,492 |
Stock | 14,066,703 | -- |
|
STB VN |
Saigon Thuong Tin Commercial Jsb | 2.10 |
BBG000D7H3V0 |
5,484,900 |
Stock | 13,419,162 | -- |
|
FPT VN |
Fpt Corp | 2.07 |
BBG000PMZJZ5 |
3,303,100 |
Stock | 13,256,043 | -- |
|
GEX VN |
Gelex Group Jsc | 1.56 |
BBG00B8G4S87 |
7,355,542 |
Stock | 9,943,046 | -- |
|
GEE VN |
Gelex Electric Equipment Jsc | 1.53 |
BBG015PZHH97 |
1,492,200 |
Stock | 9,775,274 | -- |
|
KBC VN |
Kinh Bac City Development Share Holding | 1.52 |
BBG000V13PL0 |
7,125,400 |
Stock | 9,719,108 | -- |
|
NVL VN |
No Va Land Investment Group Corp | 1.23 |
BBG003RR1FD5 |
15,893,258 |
Stock | 7,846,939 | -- |
|
EIB VN |
Vietnam Export Import Commercial Jsb | 1.21 |
BBG000DB3KG5 |
9,758,929 |
Stock | 7,761,068 | -- |
|
HAG VN |
Hagl Jsc | 1.21 |
BBG000GCXWG1 |
11,556,500 |
Stock | 7,731,346 | -- |
|
DGC VN |
Duc Giang Chemicals Jsc | 1.14 |
BBG003QTZ0W7 |
2,800,132 |
Stock | 7,263,672 | -- |
|
POW VN |
Petrovietnam Power Corp | 1.03 |
BBG002NF5FT6 |
11,907,547 |
Stock | 6,577,288 | -- |
|
SBT VN |
Thanh Thanh Cong - Bien Hoa Jsc | 1.03 |
BBG000DWVGH6 |
7,137,218 |
Stock | 6,559,582 | -- |
|
PVS VN |
Petrovietnam Technical Services Corp | 0.98 |
BBG000TFTNF6 |
3,371,607 |
Stock | 6,235,459 | -- |
|
HUT VN |
Tasco Jsc | 0.96 |
BBG000VGW3Y0 |
9,951,000 |
Stock | 6,117,457 | -- |
|
VHC VN |
Vinh Hoan Corp | 0.93 |
BBG000V0W6M1 |
2,223,660 |
Stock | 5,942,702 | -- |
|
PVD VN |
Petrovietnam Drilling & Well Services J | 0.88 |
BBG000QFV9X7 |
4,423,388 |
Stock | 5,622,150 | -- |
|
PDR VN |
Phat Dat Real Estate Development Corp | 0.84 |
BBG000BG7X29 |
7,793,762 |
Stock | 5,395,966 | -- |
|
BVH VN |
Bao Viet Holdings | 0.84 |
BBG000N1D2L9 |
1,870,096 |
Stock | 5,367,135 | -- |
|
SHS VN |
Sai Gon-Ha Noi Securities Jsc | 0.83 |
BBG000JP1G79 |
7,328,024 |
Stock | 5,293,330 | -- |
|
NAB VN |
Nam A Commercial Jsb | 0.82 |
BBG00N6NJMG6 |
9,656,300 |
Stock | 5,272,920 | -- |
|
IDC VN |
Idico Corp Jsc | 0.82 |
BBG0055XHM94 |
2,798,216 |
Stock | 5,214,434 | -- |
|
SIP VN |
Sai Gon Vrg Investment Corp | 0.79 |
BBG003SZSNJ4 |
2,162,820 |
Stock | 5,073,567 | -- |
|
HVN VN |
Vietnam Airlines Jsc | 0.78 |
BBG000FWLXH8 |
4,831,200 |
Stock | 5,015,550 | -- |
|
KDH VN |
Khang Dien House Trading And Investment | 0.78 |
BBG000Q7Z3F4 |
4,789,472 |
Stock | 5,005,423 | -- |
|
VPI VN |
Van Phu - Invest Investment Jsc | 0.76 |
BBG00JC6HXT9 |
2,362,152 |
Stock | 4,882,861 | -- |
|
SAB VN |
Saigon Beer Alcohol Beverage Corp | 0.75 |
BBG000V9NNW4 |
2,486,100 |
Stock | 4,771,298 | -- |
|
FTS VN |
Fpt Securities Jsc | 0.71 |
BBG0019LTG04 |
3,629,534 |
Stock | 4,564,201 | -- |
|
DPM VN |
Petrovietnam Fertilizer & Chemicals Jsc | 0.66 |
BBG000TSXTH8 |
4,487,186 |
Stock | 4,215,384 | -- |
|
VCG VN |
Vietnam Construction And Import-Export | 0.64 |
BBG000BLCJC2 |
5,520,019 |
Stock | 4,078,141 | -- |
|
BAF VN |
Baf Viet Nam Agriculture Jsc | 0.62 |
BBG013T7PJ15 |
2,774,600 |
Stock | 3,981,761 | -- |
|
KDC VN |
Kido Group Corp | 0.60 |
BBG000LNDM11 |
1,911,836 |
Stock | 3,819,779 | -- |
|
DXG VN |
Dat Xanh Group Jsc | 0.59 |
BBG000Q1XB43 |
6,475,965 |
Stock | 3,798,172 | -- |
|
TCH VN |
Hoang Huy Investment Financial Services | 0.59 |
BBG00DVPC837 |
6,369,455 |
Stock | 3,783,840 | -- |
|
CEO VN |
Ceo Group Jsc | 0.57 |
BBG0076J67K2 |
4,844,495 |
Stock | 3,666,899 | -- |
|
DCM VN |
Petrovietnam Ca Mau Fertilizer Jsc | 0.56 |
BBG008D1PSN1 |
2,464,700 |
Stock | 3,597,349 | -- |
|
DIG VN |
Development Investment Construction Jsc | 0.54 |
BBG000TW9M63 |
5,565,994 |
Stock | 3,473,342 | -- |
|
HSG VN |
Hoa Sen Group | 0.50 |
BBG000KFK1K6 |
5,303,401 |
Stock | 3,209,366 | -- |
|
CTR VN |
Viettel Construction Joint Stock Corp | 0.38 |
BBG003TCC6P1 |
641,300 |
Stock | 2,453,184 | -- |
|
HDG VN |
Ha Do Group Jsc | 0.35 |
BBG000Q6YTV2 |
2,084,456 |
Stock | 2,214,482 | -- |
|
FUEVFVND VN |
Dcvfmvn Diamond ETF | 0.02 |
BBG00TR4HHL9 |
62,610 |
Stock | 96,291 | -- |
|
-VND CASH- |
0.85 |
-- |
141,831,546,752 |
Cash Bal | 5,449,505 | -- | |
|
-USD CASH- |
-0.04 |
-- |
-273,777 |
Cash Bal | -273,777 | -- | |
|
-- |
Other/Cash | -0.73 |
-- |
0 |
Cash | -4,682,223 | -- |
Portfolio
3-YR Risk Measures as of 12/31/2025
-
Beta vs. S&P 500 Index1.37
-
Correlation vs. S&P 500 Index0.63
-
Volatility (Standard Deviation)25.14
-
Sharpe Ratio0.63
Currency Exposure (%) as of 12/31/2025
| Vietnamese Dong | 99.85 |
| Other/Cash | 0.15 |
Sector Weightings (%) as at 12/31/2025
-
Sector
% of Net Assets -
Real Estate
29.14 -
Financials
28.30 -
Consumer Staples
16.84 -
Industrials
12.15 -
Materials
8.91 -
Information Technology
1.86 -
Energy
1.42 -
Utilities
0.81 -
n/a
0.43 -
Other/Cash
0.15
Country Weightings (%) as at 12/31/2025
-
Country
% of Net Assets -
Vietnam
99.85 -
Other/Cash
0.15
Distributions
Yields as of 02/02/2026
Annual
0.69%
0.20%
0.20%
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2025 | 12/22/2025 | 12/22/2025 | 12/26/2025 | $ 0.0380 | -- | -- | -- | $ 0.04 |
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | -- | -- | -- | -- | $ 0.00 |
| 2023 | 12/27/2023 | 12/28/2023 | 12/29/2023 | $ 0.0185 | -- | -- | -- | $ 0.02 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | $ 0.6552 | -- | -- | -- | $ 0.66 |
| 2022 | 12/28/2022 | 12/29/2022 | 12/30/2022 | $ 0.0034 | -- | -- | -- | $ 0.00 |
| 2022 | 12/19/2022 | 12/20/2022 | 12/23/2022 | $ 0.1106 | -- | -- | -- | $ 0.11 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | $ 0.1031 | -- | -- | -- | $ 0.10 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.0630 | -- | -- | $ 0.0070 | $ 0.07 |
| 2019 | 12/30/2019 | 12/31/2019 | 01/06/2020 | $ 0.0158 | -- | -- | -- | $ 0.02 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 0.1051 | -- | -- | -- | $ 0.11 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $ 0.1220 | -- | -- | -- | $ 0.12 |
| 2017 | 12/27/2017 | 12/28/2017 | 01/03/2018 | $ 0.0248 | -- | -- | $ 0.0002 | $ 0.03 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 0.1506 | -- | -- | $ 0.0014 | $ 0.15 |
| 2016 | 12/19/2016 | 12/21/2016 | 12/23/2016 | $ 0.3180 | -- | -- | -- | $ 0.32 |
| 2015 | 12/29/2015 | 12/31/2015 | 01/05/2016 | $ 0.0470 | -- | -- | -- | $ 0.05 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | $ 0.4990 | -- | -- | -- | $ 0.50 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 0.4934 | -- | -- | $ 0.0166 | $ 0.51 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | $ 0.5990 | -- | -- | -- | $ 0.60 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 0.3670 | -- | -- | -- | $ 0.37 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | $ 0.1630 | -- | -- | -- | $ 0.16 |
| 2010 | 12/23/2010 | 12/28/2010 | 12/30/2010 | $ 0.3420 | -- | -- | -- | $ 0.34 |
| 2009 | 12/23/2009 | 12/28/2009 | 12/30/2009 | -- | $ 0.0360 | -- | -- | $ 0.04 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.