VanEck Vietnam ETF
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- Description
- Performance
- Comps
- Fundamentals
- Valuation
- Rating
VanEck Vectors Vietnam ETF is an exchange traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the price and yield performance of the VanEck Vectors Vietnam Index. |
Category | Emerging Market Equities |
Fund Sponsor | Van Eck Associates Corp |
Website | www.vaneck.com |
Inception date | Aug 11, 2009 |
Assets (mns) | $500 |
Currency | USD |
Expense ratio | 66 bp |
Distributions | Annually |
Regulation | Open-Ended Fund |
Custodian | Bank of New York Mellon |
Weighting | Market Cap |
Index replication | Optimized |
Uses derivatives | No |
Options available | No |
No. of constituents | 48 |
Wgt avg mkt cap (mns) | $4,045 |
Large cap (>$10bn) | 6.6% |
Mid cap ($2-10bn) | 43.2% |
Small cap (<$2bn) | 50.2% |
Developed mkts | 0.0% |
Emerging mkts | 100.0% |
VIX SECURITIES JSC | 8.9 % |
VINGROUP JSC | 8.5 % |
VIET NAM DAIRY PRODUCTS JSC | 7.7 % |
VINHOMES JSC | 7.3 % |
HOA PHAT GROUP JSC | 6.3 % |
JSC BANK FOR FOREIGN TRADE | 6.1 % |
SAIGON SECURITIES INC | 5.5 % |
MASAN GROUP CORP | 4.4 % |
VNDIRECT SECURITIES CORP. | 3.8 % |
NO VA LAND INVESTMENT GROUP CORP. | 2.9 % | Total | 61.3 % |
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VIETNAM | 89.9 % |
HISTORICAL PERFORMANCE
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
4.6% | 16.7% | -2.5% | -2.9% | -3.0% |
versus... | Beta | R-squared |
S&P500 | 1.00 | 44% |
MSCI EAFE | 1.03 | 43% |
MSCI Emg. Mkts. | 1.21 | 64% |
Recent close | $12.20 |
30d moving avg. | $13.26 |
Annualized volatility | 26.7% |
Short interest (ETF) | 3.1% |
Relative strength (RSI) | 57 |
Avg. volume (thou.) | 606 |
Turnover | 1.5% |
Bid/Ask (% of price) | 0.08% |
ADV underlying (mns) | $367 |
FINDING ALTERNATIVE FUNDS
Below is a list of 2 potential alternatives to the VanEck Vietnam ETF ETF based on the alternatives' overlap in portfolio holdings with VNM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | VNM | Expense: | 66 bp | ALTAR Score™: | 6.1% |
Ticker | Fund Name |
Overlap1 vs VNM (%) |
Expense ratio (bp) |
Savings vs VNM (bp) |
ALTAR Score™ (%) |
ALTAR vs VNM (%) |
VNAM | Global X MSCI Vietnam ETF | 71.3 | 50 | 16 | 6.6 | +0.5 |
FM | iShares Frontier and Select EM ETF | 25.6 | 80 | -14 | 9.6 | +3.5 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share | ** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2023 | 2024E | 2025E | |
---|---|---|---|
Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
VanEck Vietnam ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
UNDERWEIGHT |
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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