Key stats
About VanEck Vietnam ETF
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Inception date
Aug 11, 2009
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
VNM extends beyond firms domiciled in Vietnam to include non-local companies generating at least 50% of revenues in Vietnam. In doing so, VNM adds exposure to different sectors via companies in other regions. Component securities are selected and weighted by market cap, with a cap of 8% per issuer. Reviews are made quarterly. Overall, it's a broad take on the Vietnamese market for those seeking a pure-play fund. Prior to March 17, 2023, the fund tracked the MVIS Vietnam Index with a similar strategy.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Stocks99.51%
Finance65.50%
Consumer Non-Durables12.20%
Non-Energy Minerals6.51%
Process Industries4.46%
Electronic Technology2.36%
Industrial Services2.16%
Consumer Durables1.73%
Utilities1.70%
Transportation1.38%
Producer Manufacturing0.80%
Energy Minerals0.69%
Bonds, Cash & Other0.49%
Cash0.48%
ETF0.02%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
VNM invests in stocks. The fund's major sectors are Finance, with 65.50% stocks, and Consumer Non-Durables, with 12.20% of the basket. The assets are mostly located in the Asia region.
VNM top holdings are Vingroup Joint Stock Company and Vinhomes Joint Stock Company, occupying 14.25% and 11.45% of the portfolio correspondingly.
VNM last dividends amounted to 0.02 USD. The year before, the issuer paid 0.66 USD in dividends, which shows a 3.44 K% decrease.
VNM assets under management is 403.33 M USD. It's risen 12.93% over the last month.
VNM fund flows account for −119.07 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
VNM shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Aug 11, 2009, and its management style is Passive.
VNM expense ratio is 0.68% meaning you'd have to pay 0.68% of your investment to help manage the fund.
VNM follows the MarketVector Vietnam Local Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
VNM invests in stocks.
VNM price has risen by 14.14% over the last month, and its yearly performance shows a 7.45% increase. See more dynamics on VNM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 13.20% over the last month, showed a 13.51% increase in three-month performance and has increased by 6.67% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 13.20% over the last month, showed a 13.51% increase in three-month performance and has increased by 6.67% in a year.
VNM trades at a premium (0.91%) meaning the ETF is trading at a higher price than the calculated NAV.