VanEck ETFs Australia 2026: Every ASX-Listed Fund Reviewed

Last updated: Q2 2026. Figures are computed from ETFLens data as at Q2 2026, sourced from each issuer's published disclosure documents and reviewed quarterly.

VanEck is one of the more distinctive ETF providers on the ASX. Where managers like Vanguard built their range on plain, low-cost, market-cap-weighted index funds, VanEck's reputation rests on strategies that deliberately weight a portfolio differently — equal weighting, factor investing, wide-moat investing and a broad set of thematic and commodity funds. This guide covers VanEck's full ASX range with live ETFLens data, the same data-driven format used in our Vanguard and BetaShares guides.

This article is general information only and not personal financial advice. It describes funds factually and does not endorse VanEck or any of its products. ETFLens does not hold an Australian Financial Services Licence (AFSL).

Who VanEck is

VanEck is a United States–based asset manager that has operated on the ASX since around 2013. Internationally the firm is associated with gold and commodity investing; in Australia it has built a range spanning Australian equities, international equities, fixed income and thematics. Its defining feature is that many of its funds use rules-based strategies that differ from standard market-cap indexing — they aim to weight or select companies on a different basis, which gives them a different risk and return profile from a plain index fund. This is a factual description of the manager's approach, not an assessment of it.

Factor, equal-weight and thematic investing explained

Most of VanEck's range departs from plain market-cap indexing, so it helps to understand the three ideas behind its funds:

• Market-cap weighting (what VAS, VGS and most broad index funds do) holds each company in proportion to its size, so the biggest companies dominate. It is simple and low cost, but it concentrates a portfolio in whatever has already grown largest.
• Equal weighting (MVW) holds companies in roughly equal proportions instead, which reduces single-stock and single-sector concentration and gives smaller companies more influence. The trade-off is more frequent rebalancing and a higher fee.
• Factor investing (QUAL, QHAL) selects or tilts toward companies with a measurable characteristic — "quality" here means high return on equity, stable earnings and low debt. The aim is exposure to a defined style rather than the whole market.
• Thematic investing (GDX, ESPO, CLNE) concentrates on a single industry or theme. These funds are narrow by design and carry the higher risk that comes with a focused portfolio.

None of these is inherently better than plain indexing — they are different tools with different risk, return and cost profiles. Whether any of them suits an investor depends on personal objectives and circumstances, which ETFLens cannot assess.

VanEck's flagship strategies

Equal weight — MVW

MVW (VanEck Australian Equal Weight ETF) is the firm's largest Australian equity fund by assets. Unlike VAS or A200, which weight companies by market capitalisation (so the big banks and miners dominate), MVW holds its companies in roughly equal proportions. That gives smaller companies more influence and reduces concentration in any single stock or sector. It charges 0.35% p.a. and holds approximately 75 companies. The equal-weight approach is a structural difference, not a better or worse one — see the MVW vs VAS comparison for how the two differ in practice.

Quality factor — QUAL and QHAL

QUAL (VanEck MSCI International Quality ETF) screens global companies for "quality" characteristics — high return on equity, stable year-on-year earnings and low debt. It charges 0.4% p.a.. QHAL is the AUD-hedged version of the same strategy at 0.43% p.a.; the choice between them is a currency decision, not a difference in the underlying companies.

Wide moat — MOAT

MOAT (VanEck Morningstar Wide Moat ETF) holds United States companies that Morningstar's analysts judge to have durable competitive advantages — a "wide economic moat" — and that trade below Morningstar's estimate of fair value. It charges 0.49% p.a.. It is an example of a rules-based strategy driven by an external research methodology rather than a standard index.

Gold miners and thematics — GDX and others

GDX (VanEck Gold Miners ETF) holds global gold-mining companies and charges 0.53% p.a.. Note that GDX holds gold-miner equities, which behave differently from physical gold. VanEck's thematic range also includes ESPO (video gaming and esports, 0.55% p.a.) and CLNE (global clean energy, 0.65% p.a.), among others. Thematic funds are concentrated by design and carry the higher risk that comes with a narrow focus.

The full VanEck ETF range

The table below lists every VanEck ETF in the ETFLens database as at Q2 2026, ordered by fund size. Yields are trailing distribution yields shown as approximate figures.

Ticker	Name	Category	MER	Fund size	Yield
QUAL	VanEck MSCI International Quality ETF	Global Broad Market	0.4% p.a.	$8.4B	approximately 1.4%
SUBD	VanEck Australian Subordinated Debt ETF	Bonds & Defensive	0.39% p.a.	$3.7B	approximately 4.5%
MVW	VanEck Australian Equal Weight ETF	Australian Broad Market	0.35% p.a.	$3.2B	approximately 3.2%
QHAL	VanEck MSCI International Quality (AUD Hedged) ETF	Global Broad Market	0.43% p.a.	$2.5B	approximately 1.6%
IFRA	VanEck FTSE Global Infrastructure (AUD Hedged) ETF	Thematic & Sector	0.31% p.a.	$2.0B	approximately 3%
GDX	VanEck Gold Miners ETF	Thematic	0.53% p.a.	$1.4B	approximately 0.7%
FLOT	VanEck Australian Floating Rate ETF	Bonds	0.22% p.a.	$1.2B	approximately 5%
MOAT	VanEck Morningstar Wide Moat ETF	Global Broad Market	0.49% p.a.	$906.3M	approximately 1.4%
MVA	VanEck Australian Property ETF	Australian Income	0.35% p.a.	$803.6M	approximately 4.4%
CLNE	VanEck Global Clean Energy ETF	Thematic	0.65% p.a.	$97.6M	approximately 0.8%
ESPO	VanEck Video Gaming and Esports ETF	Thematic	0.55% p.a.	$77.2M	approximately 0.4%
HLTH	VanEck Global Healthcare Leaders ETF	Thematic	0.57% p.a.	$49.2M	approximately 0.6%

This table is generated directly from the ETFLens database, so it stays complete and current as funds are added or updated each quarter. Browse them all on the VanEck provider hub or filter by fee and yield in the screener.

The range in detail, category by category

A closer look at how the range breaks down, with live fees as at Q2 2026:

Australian equity and property

MVW (0.35% p.a.) is the equal-weight Australian shares fund, and MVA (0.35% p.a.) provides exposure to Australian listed property (A-REITs). MVA is a sector fund, so it is more concentrated than a broad Australian share fund and carries the property-specific risks that come with that focus.

International and quality

QUAL (0.4% p.a.) and its hedged twin QHAL (0.43% p.a.) apply a global quality screen, while MOAT (0.49% p.a.) targets US wide-moat companies on a valuation-aware basis. All three are international equity funds that select companies on a defined rule rather than simply holding the market, which is the source of both their appeal and their higher fee relative to a plain global index fund.

Fixed income

FLOT (0.22% p.a.) holds Australian floating-rate notes, which have very low interest-rate sensitivity, while SUBD (0.39% p.a.) holds subordinated bank debt, which reaches for higher income by taking more credit risk. The two sit at quite different points on the risk spectrum despite both being "bond" funds — the bond ETFs guide explains why.

Thematic and commodity

This is the broadest part of the range and the most concentrated by nature: GDX (0.53% p.a.) for global gold miners, ESPO (0.55% p.a.) for video gaming and esports, CLNE (0.65% p.a.) for clean energy, HLTH (0.57% p.a.) for global healthcare and IFRA (0.31% p.a.) for global infrastructure. Thematic funds focus on a single industry, so they tend to be more volatile than broad-market funds and are generally used in smaller amounts for targeted exposure.

VanEck vs other providers on fees

VanEck's specialised strategies generally cost more than plain broad-market index funds, because equal weighting, factor screening and thematic construction involve more than simply holding the market. A few comparisons using live data:

• MVW vs VAS / A200: MVW charges 0.35% p.a. versus 0.07% p.a. for VAS and 0.04% p.a. for A200. You are paying for the equal-weight strategy, not just Australian share exposure.
• QUAL vs VGS: QUAL charges 0.4% p.a. versus 0.18% p.a. for VGS. QUAL applies a quality screen to global shares, where VGS holds the broad developed-market index.

Higher fees are not a criticism — they reflect a different product doing a different job. The relevant question is whether the strategy is worth the additional cost for a given investor, which depends on personal circumstances ETFLens cannot assess. The Fee Analyser shows how a fee difference compounds over time.

How VanEck funds may fit alongside a core portfolio

Many investors use VanEck funds as a satellite around a low-cost core rather than as the whole portfolio. As a general, non-prescriptive description of how the range is commonly used:

• Australian equity — MVW offers an equal-weight alternative to a market-cap fund like VAS or A200, which some investors use to reduce the heavy bank-and-miner concentration of the standard Australian index. MVA adds Australian property exposure.
• International equity — QUAL and QHAL apply a quality screen to global shares, and MOAT focuses on US wide-moat companies; these are sometimes held alongside (not instead of) a broad global fund.
• Fixed income — FLOT (floating-rate) and SUBD (subordinated debt) sit in the defensive part of a portfolio, with quite different risk profiles from each other, as covered in our bond ETFs guide.
• Thematic and commodity — GDX, ESPO, CLNE and the rest are concentrated, higher-risk holdings that some investors use in small amounts for targeted exposure.

Because several of these funds overlap with broad-market holdings — MOAT and QUAL both hold large US companies, for instance — it is worth checking how much a VanEck fund duplicates what you already own using the overlap checker before adding it. Whether any of these funds is appropriate is a personal question ETFLens cannot answer for you.

VanEck vs Vanguard: clearing up the naming confusion

VanEck and Vanguard are frequently confused because the names look and sound similar, but they are completely separate companies with different approaches:

• VanEck focuses on factor, equal-weight and thematic strategies — funds designed to weight or select companies differently from the standard market.
• Vanguard focuses on low-cost, broad, market-cap-weighted index funds that aim to hold the market as it is.

Neither approach is superior in general; they are different philosophies that suit different objectives. If you are comparing the two managers' core Australian funds directly, the MVW vs VAS comparison is the clearest illustration of equal-weight versus market-cap weighting.

This article is general information only and not personal financial advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Consider your own objectives, financial situation and needs, or speak with a licensed financial adviser before making investment decisions. Past performance is not a reliable indicator of future returns.