MVR AU
MVR ETF: How Vaneck Australian Resources ETF Works
Last updated: 2026-08-22
Overview
Vaneck Australian Resources ETF is built for exposure to Australia’s resources engine. The fund concentrates on large local miners, energy producers and materials-linked businesses, giving investors a single-ticket way to access a market segment that tends to be cyclical, cash-flow sensitive and heavily influenced by global commodity prices.
Category
The ETF sits squarely in the Australian resources theme, with most of the portfolio tied to Basic Materials and a smaller allocation to Energy and Utilities. That structure gives it a strong tilt toward iron ore, gold, copper, LNG and related industrial inputs, while keeping the portfolio anchored in established ASX names. The result is a concentrated resources basket rather than a broad Australian equity exposure.
Resource shares often move differently from the wider Australian market because earnings are tied to commodity prices, production volumes, capital spending and global demand conditions. When bulk commodities, precious metals or energy prices are firm, the theme can perform strongly; when those markets weaken, returns can be more volatile. For Australian investors, the ETF offers direct exposure to one of the country’s most important listed sectors.
Key facts
| Ticker | MVR |
|---|---|
| Exchange | AU |
| ISIN | AU000000MVR8 |
| Category / focus | Equity Australia Other |
| Provider | VanEck Investments Limited |
| Domicile | Australia |
| Currency | AUD |
| Inception date | 2013-10-14 |
| Use of income | Half-yearly |
| UCITS | No |
Costs
| TER | 0.00% |
|---|---|
| Ongoing charge | 0.00% |
| Net expense ratio | 0.00% |
| AUM | 849.6M |
The fund’s TER, ongoing charge and net expense ratio are all listed at 0%.
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Performance
| YTD | 17.4% |
|---|---|
| 1 year | 40.4% |
| 3 years | 15.1% |
| 5 years | 16.6% |
| 10 years | 14.8% |
| Dividend yield | 2.64% |
| Top 10 concentration | 60.2% |
Holdings
| Holding | Ticker | Sector | Country | Weight |
|---|---|---|---|---|
| Woodside Energy Group Ltd | WDS | Energy | Australia | 8.75% |
| BHP Group Ltd | BHP | Basic Materials | Australia | 8.26% |
| RIO Tinto Ltd | RIO | Basic Materials | Australia | 6.86% |
| Fortescue Ltd | FMG | Basic Materials | Australia | 6.31% |
| Santos Ltd | STO | Energy | Australia | 6.13% |
| Northern Star Resources Ltd | NST | Basic Materials | Australia | 6.08% |
| Origin Energy Ltd | ORG | Utilities | Australia | 5.04% |
| SOUTH32 Ltd | S32 | Basic Materials | Australia | 4.73% |
| Evolution Mining Ltd | EVN | Basic Materials | Australia | 4.65% |
| Orica Ltd | ORI | Basic Materials | Australia | 3.36% |
The top holdings are led by Woodside Energy Group Ltd at 8.753%, BHP Group Ltd at 8.26%, Rio Tinto Ltd at 6.858%, Fortescue Ltd at 6.307% and Santos Ltd at 6.129%. Northern Star Resources Ltd, Origin Energy Ltd, SOUTH32 Ltd, Evolution Mining Ltd and Orica Ltd round out the top 10. Sector weights are dominated by Basic Materials at 70.635%, followed by Energy at 22.109%, Utilities at 4.966% and Industrials at 2.29%.
Regions
| Name | Weight |
|---|---|
| Australasia | 93.3% |
| Asia – Emerging | 6.7% |
| Japan | 0.0% |
| Africa | 0.0% |
| Canada | 0.0% |
| Eurozone | 0.0% |
| Middle East | 0.0% |
| Latin America | 0.0% |
| United States | 0.0% |
| United Kingdom | 0.0% |
Sectors
| Name | Weight |
|---|---|
| Basic Materials | 70.6% |
| Energy | 22.1% |
| Utilities | 5.0% |
| Industrials | 2.3% |
Related ETFs
Compared with broad Australian equity ETFs, this fund is much more focused and far less diversified by sector. It may also feel more concentrated than many thematic ETFs because the top 10 holdings account for 60.172% of assets. That concentration can help the fund express a strong view on resources, but it also means individual company outcomes matter more.
- iShares S&P/ASX 200 ETF (IOZ)Broad Australian equity exposure, useful as a more diversified core market alternative.
- VanEck Australian Equal Weight ETF (MVW)Another Australian equity option, but with a more balanced weighting approach than a resources tilt.
- Global X Uranium ETF (ATOM)A thematic commodity-linked fund for investors comparing different natural-resources exposures.
These funds are comparison context only and are not recommendations.
Risks
Who it may suit
This ETF may suit investors who want targeted exposure to Australia’s resources and energy complex, or who are already well diversified elsewhere and want a sector tilt. It may also appeal to those looking for a portfolio built around familiar ASX names such as Woodside Energy Group Ltd, BHP Group Ltd and Rio Tinto Ltd.
Key risks
The main risk is concentration: the portfolio is heavily skewed to a small group of large holdings and to Basic Materials, which can amplify share-price swings. Commodity price cycles, regulatory changes, project execution, currency movements and company-specific operational issues can all affect performance. The fund also has limited diversification outside Australasia, with 93.27% of equity exposure in that region.
FAQ
Is this ETF diversified across sectors?
Not really. It is primarily a resources and energy fund, with Basic Materials making up 70.635% of the portfolio and Energy a further 22.109%.
How often does it distribute income?
The distribution pattern is half-yearly.
What has the fund done recently?
The ETF is up 17.36% year to date and 40.44% over 1 year. Longer-period returns shown in the profile are 15.08% over 3 years, 16.58% over 5 years and 14.78% over 10 years.
How large is the fund?
The fund has assets under management of 849.582 million AUD.
When did the ETF launch?
It was launched on 14 October 2013.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
