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VanEck Australian Equal Weight ETF (ASX: MVW) - Share Price and Research

Current share price for MVW : $35.960 0.73 (1.99%)+

VanEck Australian Equal Weight ETF (MVW, formerly VanEck Vectors Australian Equal Weight ETF) gives investors exposure to a diversified portfolio of Australian equities. The holdings in MVW are equally weighted.

MVW General Information +

ASX Code MVW
Website http://www.vaneck.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 2,297
MVW Share Price $35.960
Day High $36.110
Day Low $35.860
Last Close $36.690
MVW Share Price Movement $0.73 ( 1.99% )
Prices as at 16:40, 2 Aug 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

MVW Related Research

Exchange Traded Fund Description

VanEck Australian Equal Weight ETF (MVW, formerly VanEck Vectors Australian Equal Weight ETF) gives investors exposure to a diversified portfolio of Australian equities. The holdings in MVW are equally weighted.

VanEck Australian Equal Weight ETF (MVW) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
HFResult 94¢ 33% 1 Jul 2024 23 Jul 2024 $35.960 $35.790 -
Result 66¢ 69% 2 Jan 2024 17 Jan 2024 $35.960 $35.790 -
HFResult 63¢ 58% 3 Jul 2023 25 Jul 2023 $35.960 $35.790 -

See all dividends from VanEck Australian Equal Weight ETF (MVW) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

VanEck Australian Equal Weight ETF (MVW) Recent ASX Announcements

Company Sector Market Cap ($m) Headline Release
date/time+		 Price at
release+		 Current
price+		 Gain/Loss View
VanEck Australian Equal Weight ETF (MVW)
VANECK AUSTRALIAN EQUAL WEIGHT ETF
 Financials $2,297 Dividend component details 11 Jul 2024 3:43PM $35.570 $35.960 risen by 1.10%
VanEck Australian Equal Weight ETF (MVW)
VANECK AUSTRALIAN EQUAL WEIGHT ETF
 Financials $2,297 Issued Units Outstanding as at 30 June 2024 4 Jul 2024 5:49PM n/a $35.960 n/a
VanEck Australian Equal Weight ETF (MVW)
VANECK AUSTRALIAN EQUAL WEIGHT ETF
 Financials $2,297 Dividend Reinvestment Plan Prices 1 Jul 2024 5:10PM $35.050 $35.960 risen by 2.60%
VanEck Australian Equal Weight ETF (MVW)
VANECK AUSTRALIAN EQUAL WEIGHT ETF
 Financials $2,297 Final Dividend/Distribution for period ending 30 June 2024 28 Jun 2024 8:40AM $36.000 $35.960 fallen by 0.11%
VanEck Australian Equal Weight ETF (MVW)
VANECK AUSTRALIAN EQUAL WEIGHT ETF
 Financials $2,297 Dividend Timetable 24 Jun 2024 10:46AM $36.120 $35.960 fallen by 0.44%
VanEck Australian Equal Weight ETF (MVW)
VANECK AUSTRALIAN EQUAL WEIGHT ETF
 Financials $2,297 Issued Units Outstanding as at 31 May 2024 7 Jun 2024 1:44PM $36.970 $35.960 fallen by 2.73%

MVW Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2023A $281.93 $526.00 -382.10% 6.30 122.00 3.70% 37.7%
2022A -$96.27 -$186.40 -130.30% 0.00 113.00 3.40% 67.0%
2021A $299.27 $616.20 -377.60% 4.90 76.00 2.50% 0.0%

MVW Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2021 A 2022 A 2023 A 2021 A 2022 A 2023 A 2021 A 2022 A 2023 A
Insignia Financial (IFL) $1,858M -0.1203 0.0701 0.0685 9.6650 9.0316 8.4529 7.15% 7.22% 7.58%
VanEck Australian Equal Weight ETF (MVW) $2,344M -3.8212 0.0000 0.0000 6.9754 0.0000 0.0000 3.33% 0.00% 0.00%
Netwealth Group (NWL) $5,793M 0.1948 0.2277 0.2449 86.2019 70.2159 56.4029 1.01% 1.31% 1.60%
Pinnacle Investment Management Group (PNI) $3,341M -0.0127 -0.0682 0.2111 42.1795 45.2669 37.3779 2.19% 1.99% 2.14%
Perpetual (PPT) $2,497M -0.2217 0.0903 0.0134 13.0619 11.9805 11.8219 7.08% 6.40% 6.40%

MVW Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 6.84 1.06 0.00
Market 0.36 13.70 1.06 1.06
Sector 0.44 12.90 1.05 0.78

MVW Directors

Name Position Start Date
Mr Jonathan Simon Non-Executive Director 19 Aug 2015
Mr Arian Neiron Non-Executive Director 12 Apr 2013
Mr Michael Brown Non-Executive Director 27 Dec 2013
Mr Jan van Eck Non-Executive Director 12 Apr 2013
Mr Bruce Smith Non-Executive Director 12 Apr 2013

VanEck Australian Equal Weight ETF (MVW) Changes in Directors' Interest & Trades

There are no directors' trades from VanEck Australian Equal Weight ETF (MVW). Please use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

MVW Management

Name Position
Timothy Bethe Company Secretary

FAQs about VanEck Australian Equal Weight ETF (MVW)

VanEck Australian Equal Weight ETF's (MVW) current share price is $35.96. This constitutes a price movement of 0.47% when compared to the share price 7 days ago and is -3.49% below MVW's 12-month high of $37.26 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $36.69, VanEck Australian Equal Weight ETF's (MVW) current share price of $35.96 constitutes a movement of -$0.73 or -1.99%. VanEck Australian Equal Weight ETF's (MVW) share price movement is 0.47% when compared to 7 days ago and is -3.49% below MVW's 52-week high of $37.26.

VanEck Australian Equal Weight ETF's (MVW) 52-week high is $37.26 which was reached on 16 May 2024. Relative to this, MVW's current share price of $35.96 constitutes a -$1.30 or -3.49% drop since that high of $37.26 per MVW share.

VanEck Australian Equal Weight ETF's (MVW) 52-week low is $32.18 which was reached on 30 Oct 2023. Relative to this, MVW's current share price of $35.96 constitutes a $3.78 or 11.75% gain since that low of $32.18 per MVW share.

VanEck Australian Equal Weight ETF's (MVW) current market capitalisation is $2,297,098,297. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

VanEck Australian Equal Weight ETF (MVW) last distribution or dividend was $0.94 per share and was paid on 23 Jul 2024. This last MVW distribution or dividend included 33% franking.

Upcoming ex-distribution date: 1 Jul 2024

Upcoming record date: 2 Jul 2024

Upcoming payment date: 23 Jul 2024

ETFs, such as VanEck Australian Equal Weight ETF (MVW), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like VanEck Australian Equal Weight ETF (MVW), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within VanEck Australian Equal Weight ETF (MVW).


A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

VanEck Australian Equal Weight ETF (MVW) has a current dividend yield of n/a this year. Last year's dividend yield was 3.50%. The dividend yield for MVW is a ratio that tells you the percentage of VanEck Australian Equal Weight ETF (MVW)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.

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