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

Current share price for MVW : $38.850 0.19 (0.49%)+

VanEck Australian Equal Weight ETF (MVW) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. 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) 2,625
MVW Share Price $38.850
Day High $38.990
Day Low $38.830
Last Close $39.040
MVW Share Price Movement $0.19 ( 0.49% )
Prices as at 10:50, 29 Nov 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

MVW Fund Information

Equity Australia Large Blend
S&P/ASX 200 TR AUD
starstarstarstar
starstarstar (as at 31 Oct 2024)
Investment Fund
4 Mar 2014
$2638.39 million (as at 27 Nov 2024)

MVW ETF performance (31 Oct 2024)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -1.17 2.71 5.59 21.67 12.44 7.69 7.58 9.25
Growth return -1.17 2.71 2.83 16.32 7.96 3.58 3.8 5.88
Income return (Yield) 0 0 2.76 5.35 4.48 4.11 3.78 3.37

Market index (S&P/ASX 200 TR AUD)
Total return -1.31 2.1 8.44 24.89 13.39 8.01 8.17 8.32

MVW Related Research

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 $38.850 $38.360 -
Result 66¢ 69% 2 Jan 2024 17 Jan 2024 $38.850 $38.360 -
HFResult 63¢ 58% 3 Jul 2023 25 Jul 2023 $38.850 $38.360 -

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) Financials $2,625 Issued Units Outstanding as at 31 October 2024 7 Nov 2024 8:49AM $37.730 $38.850 risen by 2.97%
VanEck Australian Equal Weight ETF (MVW) Financials $2,625 Issued Units Outstanding as at 30 September 2024 4 Oct 2024 9:15AM $37.650 $38.850 risen by 3.19%
VanEck Australian Equal Weight ETF (MVW) Financials $2,625 Annual Report FYE 30 June 2024 30 Sep 2024 2:55PM $37.930 $38.850 risen by 2.43%
VanEck Australian Equal Weight ETF (MVW) Financials $2,625 Issued Units Outstanding as at 31 August 2024 6 Sep 2024 8:41AM $36.110 $38.850 risen by 7.59%
VanEck Australian Equal Weight ETF (MVW) Financials $2,625 Replacement Product Disclosure Statement 21 Aug 2024 3:04PM $36.250 $38.850 risen by 7.17%
VanEck Australian Equal Weight ETF (MVW) Financials $2,625 Issued Units Outstanding as at 31 July 2024 7 Aug 2024 1:23PM $35.020 $38.850 risen by 10.94%

MVW Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2024A $159.04 $249.00 -52.70% 14.10 160.00 4.60% 47.9%
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%

MVW Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2022 A 2023 A 2024 A 2022 A 2023 A 2024 A 2022 A 2023 A 2024 A
HMC Capital (HMC) $5,134M 0.0191 0.0000 0.0000 59.6836 0.0000 0.0000 0.96% 0.00% 0.00%
VanEck Australian Equal Weight ETF (MVW) $2,624M -0.5266 0.0000 0.0000 15.5956 0.0000 0.0000 4.12% 0.00% 0.00%
Netwealth Group (NWL) $7,353M 0.2382 0.2487 0.2325 88.0938 70.5496 57.2409 0.93% 1.17% 1.42%
Pinnacle Investment Management Group (PNI) $5,162M 0.1667 0.1969 0.1911 50.9011 42.5266 35.7022 1.81% 2.12% 2.52%
Perpetual (PPT) $2,452M -0.1521 0.2241 -0.0452 15.0732 12.3138 12.8968 5.51% 6.07% 5.60%

MVW Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 15.70 1.11 0.00
Market 0.45 13.70 1.09 0.88
Sector 0.62 13.40 1.05 0.85

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
Mr Lee Rappaport Non-Executive Director 1 Jan 0001

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 $38.85. This constitutes a price movement of 1.28% when compared to the share price 7 days ago and is -0.49% below MVW's 12-month high of $39.04 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $39.04, VanEck Australian Equal Weight ETF's (MVW) current share price of $38.85 constitutes a movement of -$0.19 or -0.49%. VanEck Australian Equal Weight ETF's (MVW) share price movement is 1.28% when compared to 7 days ago and is -0.49% below MVW's 52-week high of $39.04.

VanEck Australian Equal Weight ETF's (MVW) 52-week high is $39.04 which was reached on 28 Nov 2024. Relative to this, MVW's current share price of $38.85 constitutes a -$0.19 or -0.49% drop since that high of $39.04 per MVW share.

VanEck Australian Equal Weight ETF's (MVW) 52-week low is $33.40 which was reached on 5 Dec 2023. Relative to this, MVW's current share price of $38.85 constitutes a $5.45 or 16.32% gain since that low of $33.40 per MVW share.

VanEck Australian Equal Weight ETF's (MVW) current market capitalisation is $2,625,471,909. 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 franking level of 47.90%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

VanEck Australian Equal Weight ETF (MVW) has a current dividend yield of 4.40% 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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