VanEck Australian Equal Weight ETF vs State Street SPDR S&P/ASX 200 Resources ETF
General information only, not financial advice.
Overlap is estimated from the funds' listed top holdings, not their full constituent lists. Where there are no shared listed holdings it is shown as not reliably estimable.
VanEck Australian Equal Weight ETF
VanEck
Comparison Scorei
State Street SPDR S&P/ASX 200 Resources ETF
State Street (SPDR)
Comparison Scorei
Comparison scores reflect how each ETF compares to the other on these specific dimensions only. They are not absolute ratings or recommendations. General information only — not financial advice.
MVW scores 6/10 and OZR scores 5.2/10 on this comparison, with MVW leading on Scale & Liquidity. MVW may suit investors who prefer larger, more established funds; OZR may suit cost-conscious investors who prioritise lower ongoing fees. General information only, not financial advice.
Category scores compare these two ETFs only and are not absolute ratings.
Both charge about 0.35% p.a. in management fees.
MVW manages $3.2B and OZR manages $325.74M; the larger fund leads on scale, which can support tighter spreads.
MVW holds 75 positions and OZR holds 54; the fund with broader holdings leads on diversification.
MVW distributes approximately 3.2% (Annually) and OZR approximately 2.88% (Semi-annually); the higher distribution yield leads on income.
Historical return data is not available for both funds, so this dimension is shown as neutral. Past performance is not a reliable indicator of future returns.
Green highlights the factually lower fee or higher scale/income figure. Performance is never highlighted. Data from issuer disclosures, reviewed quarterly.
| Field | MVW | OZR |
|---|---|---|
| Full name | VanEck Australian Equal Weight ETF | State Street SPDR S&P/ASX 200 Resources ETF |
| Provider | VanEck | State Street (SPDR) |
| Asset class | Australian Broad Market | Thematic |
| Index tracked | MVIS Australia Equal Weight Index | S&P/ASX 200 Resources Index |
| Inception | 2014 | 2011 |
| Domicile | Australia | Australia |
| Exchange | ASX | ASX |
| Field | MVW | OZR |
|---|---|---|
| Management fee (MER) | 0.35% p.a. | 0.34% p.a. |
| Est. annual cost on $10,000 | $35 | $34 |
| Est. annual cost on $50,000 | $175 | $170 |
| Est. annual cost on $100,000 | $350 | $340 |
| Field | MVW | OZR |
|---|---|---|
| Fund size (AUM) | $3.2B | $325.74M |
| Number of holdings | 75 | 54 |
| Field | MVW | OZR |
|---|---|---|
| Distribution yield | approximately 3.2% | approximately 2.88% |
| Franking | Not available | Not available |
| Payment frequency | Annually | Semi-annually |
| Est. annual income on $50,000 | approximately $1,600 | approximately $1,440 |
| Field | MVW | OZR |
|---|---|---|
| 1-year return | 11.2% | Not available |
| 3-year p.a. | 8.9% | Not available |
| 5-year p.a. | 8.1% | Not available |
Past performance is not a reliable indicator of future returns.
| Field | MVW | OZR |
|---|---|---|
| Holdings overlap | approximately 10% | approximately 10% |
| Currency hedged | No | No |
| Geographic focus | Australia | Australia |
| Top 3 sectors | Financials, Materials, Industrials | Diversified Metals & Mining, Gold, Oil & Gas Exploration & Production |
MVW top holdings
OZR top holdings
MVW scores 6/10 and OZR scores 5.2/10 on this comparison. MVW has the higher overall comparison score.
MVW may suit investors who: investors who prefer larger, more established funds.
OZR may suit investors who: cost-conscious investors who prioritise lower ongoing fees.
This comparison is general information only and not personal financial advice. Past performance is not a reliable indicator of future returns. 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.
MVW and OZR have approximately 10% estimated holdings overlap, based on the top 10 listed holdings of each fund. This is considered low overlap, estimated from listed top holdings rather than the full constituent lists. General information only, not financial advice.
OZR has the lower management fee. MVW charges 0.35% per year ($35 per year on a $10,000 investment) and OZR charges 0.34% per year ($34 per year on a $10,000 investment). The difference is $1 per year per $10,000 invested. General information only, not financial advice.
MVW (VanEck Australian Equal Weight ETF) manages approximately $3.2B and OZR (State Street SPDR S&P/ASX 200 Resources ETF) manages approximately $325.74M. Fund size can affect liquidity and bid-ask spreads but does not by itself change the management fee. General information only, not financial advice.
You can hold both, but with approximately 10% estimated holdings overlap the two funds hold mostly different companies, so they can be more complementary. Whether that suits you depends on your own objectives. General information only, not financial advice.
There is no universally right choice — it depends on your goals, time horizon and existing holdings. MVW charges 0.35% and OZR charges 0.34%, so OZR has the lower management fee, and they have approximately 10% estimated holdings overlap. Compare their fees, holdings and sectors above and consider each fund's Product Disclosure Statement and Target Market Determination. General information only, not financial advice.
General information only.This comparison and the ETFLens tools on this page provide general information about two exchange-traded funds and do not take into account your personal objectives, financial situation or needs. It is not personal financial product or investment advice. ETFLens does not hold an Australian Financial Services Licence (AFSL). Holdings overlap is estimated from listed top holdings, not full constituent lists, and fee data is sourced from fund manager PDS documents and updated quarterly. Past performance is not a reliable indicator of future returns. Consider each fund's Product Disclosure Statement (PDS) and Target Market Determination (TMD), and seek advice from a registered tax agent or licensed financial adviser, before making investment decisions.
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