VanEck Australian Equal Weight ETF
VanEck · MVIS Australia Equal Weight Index · Since 2014
Annual fee
0.35%
$35/year per $10,000
Fund size
$3.3B
AUD · as at 30 Sep 2026
Dividend yield
3.2%
Annually · approx., as at 31 Mar 2026
Holdings
75
companies
Dividend yield is a trailing distribution figure, as at 31 Mar 2026. These figures may be out of date. Check the fund manager's website for current performance. Past performance is not a reliable indicator of future returns.
Next estimated distribution: ~July 2027 (estimated, not guaranteed; confirm with the fund manager). Distribution calendar →
MVW differs structurally from VAS, A200 and STW. Instead of weighting by market cap (which means CBA gets ~10% and smaller companies get tiny slices), MVW gives roughly equal weight to each of its approximately 75 holdings. The result is materially lower bank and materials concentration. Financials drop from ~34% to around 18%. This gives more exposure to mid-sized Australian companies that hold smaller weights in cap-weighted funds. At 0.35% the fee is higher than VAS or A200, and the methodology produces a portfolio composition that differs meaningfully from the ASX 200. Past returns relative to the ASX 200 have varied across market cycles. Past performance is not a reliable indicator of future returns.
Based on publicly available fund data. Not a recommendation to buy or sell.
Strengths
Watch out for
| Company | Weight |
|---|---|
| Codan Limited | 1.7% |
| Asx Limited | 1.6% |
| Pro Medicus Limited | 1.6% |
| QBE Insurance Group Limited | 1.6% |
| WiseTech Global Limited | 1.6% |
| CSL Limited | 1.5% |
| Insurance Australia Group Limited | 1.5% |
| Brambles Limited | 1.5% |
| Charter Hall Group | 1.5% |
| Technology One Limited | 1.5% |
See how MVW combines with your other ETFs: Stock X-Ray →
| Sector | Weight |
|---|---|
| Financials | 20% |
| Materials | 18% |
| Industrials | 12.5% |
| Real Estate | 11.3% |
| Health Care | 8.5% |
| Consumer Discretionary | 5.8% |
| Communication Services | 5.6% |
| Information Technology | 5.3% |
| Other / cash | 13% |
| Country | Weight |
|---|---|
| Australia | 98.6% |
| United States | 1.4% |
Historical returns
Past performance is not a reliable indicator of future returns.
Returns as at 30 Sep 2026. Figures are approximate total returns in AUD including distributions. Sources: fund manager fact sheets and the ASX Investment Products report.
Compare MVW with similar ETFs
Side-by-side fees, holdings overlap and performance.
Find near-twins of MVW →General information only, not financial advice. ETFLens does not hold an AFSL. Always read the relevant PDS and consider seeking advice from a licensed financial adviser.
MVW differs structurally from VAS, A200 and STW.
MVW's annual management fee is 0.35% p.a. ($35 per $10,000 invested).
MVW pays distributions annually. Distributions are not guaranteed and will vary.