MVW AU
MVW ETF: A Guide to Vaneck Australian EQUAL Weight ETF
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Overview
VanEck Australian EQUAL Weight ETF (MVW) offers an equal-weight approach to Australian shares. Its reported portfolio gives substantial weight to financial services and basic materials, while keeping its largest individual holding at 2.13%. The fund’s profile combines broad Australian equity exposure with a sector mix that investors may wish to consider alongside its reported performance, distributions and costs.
Category
MVW is an Australian shares ETF with an equal-weight approach. Rather than making a small number of companies the dominant positions, its reported largest ten holdings make up 16.904% of the portfolio. The fund’s sector exposure is spread across the Australian market, though financial services and basic materials carry the largest weights.
The supplied portfolio mix places the largest sector weights in financial services and basic materials, with real estate, industrials and healthcare also represented. This makes the fund’s Australian equity exposure broader across sectors than a single-sector strategy, while retaining meaningful exposure to its two largest sectors.
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Key facts
- Ticker
- MVW
- Exchange
- AU
- ISIN
- AU000000MVW8
- Provider
- VanEck Investments Limited
- Domicile
- Australia
- Currency
- AUD
- Inception date
- 2014-03-04
- Use of income
- Half-yearly
- UCITS
- No
Costs
- TER
- 0.00%
- Ongoing charge
- 0.00%
- Net expense ratio
- 0.00%
- AUM
- 3.3B
The supplied fund information reports a total expense ratio and ongoing charge of 0%. Investors may also want to consider other transaction costs when comparing ETFs.
Performance
- YTD
- 1.7%
- 1 year
- -2.2%
- 3 years
- 8.9%
- 5 years
- 6.5%
- 10 years
- 8.4%
- Dividend yield
- 3.52%
- Top 10 concentration
- 16.9%
Holdings
-
CSL Ltd2.13%
-
Perseus Mining Ltd1.84%
-
Evolution Mining Ltd1.73%
-
-
-
Cochlear Ltd1.63%
-
-
REA Group Ltd1.53%
-
Ampol Ltd1.48%
-
ASX Ltd1.49%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
MVW’s largest ten holdings together represent 16.904% of the portfolio, and the largest individual position shown, CSL Ltd, is 2.13%. The leading holdings span healthcare, gold and other areas, while the sector allocation is largest in financial services at 21.552% and basic materials at 20.357%. This spread means exposure is not centred solely on the biggest positions, although the portfolio remains subject to Australian sharemarket and sector risks.
Sectors
-
Financial Services21.6%
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Basic Materials20.4%
-
Real Estate10.6%
-
Industrials9.3%
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Healthcare8.3%
-
Energy6.8%
-
Technology6.0%
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Consumer Cyclicals5.6%
-
Communication Services5.1%
-
Utilities4.1%
Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.
Risks
Who it may suit
MVW may interest investors researching diversified exposure to Australian shares through an equal-weight approach, rather than a portfolio dominated by a small number of large holdings. Its sector mix and reported returns may also be relevant to investors comparing Australian equity strategies. This is general information, not personal financial advice.
Key risks
MVW remains exposed to sharemarket volatility and the fortunes of Australian companies. Its financial services and basic materials allocations are its largest sector weights, so weakness in either could affect the portfolio. Equal weighting does not remove company-specific, sector or market risk, and the reported past returns and dividend yield are not guarantees of future results or distributions.
FAQ
What does MVW invest in?
MVW provides exposure to Australian shares through an equal-weight approach. Its reported sector mix is led by financial services and basic materials, with holdings also across areas such as healthcare, real estate and industrials.
How concentrated are its largest holdings?
The largest ten holdings account for 16.904% of the portfolio. CSL Ltd is the largest individual holding shown, at 2.13%.
Does MVW make distributions?
The supplied fund information describes distributions as half-yearly and reports a dividend yield of 3.516%. Yield and distributions can change and are not guaranteed.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
