VNM

VanEck Vietnam ETF

$17.59
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The VanEck Vietnam ETF seeks to track the performance of the MVIS Vietnam Index, which is intended to give investors exposure to publicly traded companies that are domiciled and primarily listed in Vietnam.

Overview

ETF tracking VanEck Vietnam ETF

Category Other
Issuer VanEck
Inception Date 2019-12-11
Market Cap $573.4M
Average Volume N/A
Dividend Yield N/A
52-Week Range $10.13 - $19.69
VWAP $17.51

Performance

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Investment Summary

📎 Investment Objective

The VanEck Vietnam ETF seeks to track the performance of the MVIS Vietnam Index, which is intended to give investors exposure to publicly traded companies that are domiciled and primarily listed in Vietnam.

🎯 Investment Strategy

The ETF invests in a portfolio of Vietnamese equities that are representative of the MVIS Vietnam Index. The index is market capitalization-weighted and includes companies across various sectors of the Vietnamese economy.

✨ Key Features

  • Provides exposure to the Vietnamese equity market through a diversified portfolio of publicly traded companies
  • Uses a passive, index-tracking approach to investment management
  • Relatively low expense ratio compared to actively managed funds
  • Trades on major U.S. stock exchanges, making it accessible to retail investors

⚠️ Primary Risks

  • Exposure to a single emerging market economy, which can be more volatile than developed markets
  • Potential for currency fluctuations between the U.S. dollar and Vietnamese dong
  • Liquidity risk due to the relatively small size of the Vietnamese stock market
  • Concentration risk, as the fund may have significant exposure to a few large companies

👤 Best For

The VanEck Vietnam ETF may be suitable for investors seeking exposure to the Vietnamese equity market as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance and a long-term investment horizon, as emerging markets can be more volatile in the short term.