Sign up now and fund within 24h to get A$10.
Claim It Now
Stake logo

MVW

VanEck Australian Equal Weight ETF

1 day chart

About MVW

VanEck Australian Equal Weight ETF (MVW, formerly VanEck Vectors Australian Equal Weight ETF) is an Exchange Traded Fund which gives investors exposure to a diversified portfolio of ASX-listed securities. MVW aims to provide investment returns before fees and other costs which track the performance of the Index.

Buy Australian shares starting with MVW. Invest today with a CHESS-sponsored investing platform!

Sector

Financials

CEO

-

Industry

Capital Markets

Market Capitalisation

$2.11B

Price-earnings ratio

-19.04

Dividend yield

3.18%

High today

$35.71

Low today

$35.54

Open price

$35.69

52-week high

$36.00

52-week low

$32.03


Announcements





What is the VanEck Australian Equal Weight ETF (MVW)?

MVW is an award-winning Australian equity strategy that is a fan-favourite for those considering investing in the S&P/ASX 200. 

Often used as a “core” component in investors’ portfolios, MVW gives you exposure to the largest and most liquid companies listed on ASX.

Companies in the MVW ETF are equally weighted which means your investment is spread equally across each stock. This gives you better diversification and less concentration risk compared to investing in the S&P/ASX 200, where around 1 out of every 5 dollars you invest goes to just one sector: the banks.

Which stocks are in the MVW ETF?

As of April 2022, MVW contains 89 holdings of equal or close to equal weight.

By market capitalisation, some of MVW’s largest holdings include Allkem (AKE), Mineral Resources (MIN), Computershare (CPU), AGL Energy (AGL), Qantas Airways (QAN), QBE Insurance Group (QBE), Macquarie Group (MQG), Orica Limited (ORI) and National Australia Bank (NAB).

In terms of sector weightings, MVW is most heavily weighted towards materials (19%) and financials (18.3%), followed by consumer discretionary (11.2%), industrials (11.1%), real estate (10.1%) and communication services (5.6%).

For more information about MVW’s holdings and sector weightings, click here.

Does MVW pay a dividend?

Yes. As of 31 March 2022, MVW ETF pays dividends twice a year with a franking level of 81% and a 12-month distribution yield of 2.87%.

Dividends are usually paid out to MVW owners in January and July.

Is MVW ETF a good buy?

Due to its highly diversified nature, MVW is considered by some investors to be one of the better ASX ETFs.

MVW may be a good investment for investors looking for a quick, easy and cost-effective way to purchase Australia’s most liquid stocks without buying them all individually.

ETFs are usually considered long-term passive investments and MVW ETF is no exception. The fund has a low management cost of 0.35% p.a.

For the 12 months leading up to 31 March 2022, MVW achieved a total return of 14.49%.

How do I buy MVW stock?

Stake offers a quick and easy way to purchase MVW shares – along with 2,000+ other Australian stocks and ASX ETFs – for a brokerage fee of only A$3.

Stake is CHESS sponsored, meaning that when you buy ASX shares, you get a HIN (Holder Identification Number) and stocks are held in your name.

With Stake, you can be in the market in under 5 minutes, whether it's the ASX or Wall St. If you’re interested in building your portfolio by adding MVW, sign up today.

What are the benefits of the MVW ETF?

Find the main benefits of the MVW ETF here:

  • Equal weighting is backed up by significant empirical research and has historically outperformed traditional market cap indices (e.g. the S&P/ASX 200) over the long term.

  • Delivers three times more diversification than the S&P/ASX 200, meaning significantly less concentration risk (as measured by the Herfindahl index). 

  • Reduces concentration risk to banks, which face a number of pressures from rising rates and falling property prices impacting bank loan growth and therefore their ability to increase profits. 

  • Can be deployed to de-risk and diversify with no one security or sector dominating, providing a more balanced exposure to Australia’s economy.

What are the key risks of the VanEck Australian Equal Weight ETF?

An investment in the MVW ETF carries risks associated with financial markets generally, individual company management, industry sectors, fund operations and tracking an index.

Find out more about the VanEck Australian Equal Weight ETF.


MVW FAQs

Yes, the Stake platform allows you to buy MVW shares and over 8,000 stocks and ETFs across the ASX and Wall St.

One share of VanEck Australian Equal Weight ETF is valued at $35.54.

The ticker symbol for VanEck Australian Equal Weight ETF is MVW.

To buy MVW stocks in Australia you'll need to open an account with an investing platform like Stake.
To do so follow these steps:
  1. Sign up in minutes, all you need is some I.D.
  2. Choose Stake AUS
  3. Deposit directly into your Stake wallet and you're ready to invest in MVW

The VanEck Australian Equal Weight ETF 52-week high stock price is $36.00.

The VanEck Australian Equal Weight ETF 52-week low stock price is $32.03.

As of 26/02/2024 VanEck Australian Equal Weight ETF has a market cap of $2.11B.


Related Stocks

This does not constitute financial advice. You should do your own research before making an investment decision. Past performance is not a reliable indication of future performance. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.


Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

Copyright © 2024 Stake. All rights reserved.