VanEck Australian Equal Weight ETF
VanEck · MVIS Australia Equal Weight Index · Since 2014
Annual fee
0.35%
$35/yr per $10,000
Fund size
$3.2B
AUD
Dividend yield
3.2%
Annually · approx. as at Q2 2026
Holdings
75
companies
Next estimated distribution: ~December 2026 (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 |
|---|---|
| NEXTDC Limited | 1.9% |
| Worley Limited | 1.7% |
| Dyno Nobel Limited | 1.7% |
| BlueScope Steel Limited | 1.7% |
| Ampol Limited | 1.6% |
| Computershare Limited | 1.6% |
| Pro Medicus Limited | 1.6% |
| Pilbara Minerals Limited | 1.6% |
| Technology One Limited | 1.6% |
| Macquarie Group Limited | 1.6% |
See how MVW combines with your other ETFs: Stock X-Ray →
| Sector | Weight |
|---|---|
| Materials | 18.7% |
| Financials | 18.6% |
| Industrials | 16.5% |
| Real Estate | 10.5% |
| Health Care | 7% |
| Energy | 5.8% |
| Consumer Discretionary | 5.4% |
| Communication Services | 5% |
| Information Technology | 4.5% |
| Utilities | 4% |
| Consumer Staples | 3.8% |
| Country | Weight |
|---|---|
| Australia | 98.7% |
| United States | 1.2% |
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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% per year ($35 per $10,000 invested).
MVW pays distributions annually. Distributions are not guaranteed and will vary.