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

Current share price for MVW : $35.890 0.33 (0.91%)

VanEck Australian Equal Weight ETF (MVW, formerly VanEck Vectors Australian Equal Weight ETF) is an Exchange Traded Fund which gives investors exposure to a diversified portfolio of ASX-listed securities. MVW aims to provide investment returns before fees and other costs which track the performance of the Index.

MVW General Information +

ASX Code MVW
Website http://www.vaneck.com.au
Industry/Sector Asset Management & Custody Banks
Market Cap ($M) 2,188
MVW Share Price $35.890
Day High $36.300
Day Low $35.620
Last Close $36.220
MVW Share Price Movement $0.33 ( 0.91% )
Prices as at 16:40, 19 Apr 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) is an Exchange Traded Fund which gives investors exposure to a diversified portfolio of ASX-listed securities. MVW aims to provide investment returns before fees and other costs which track the performance of the Index.

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
Result 66¢ 69% 2 Jan 2024 17 Jan 2024 $35.890 $36.900 -
HFResult 63¢ 58% 3 Jul 2023 25 Jul 2023 $35.890 $36.900 -
Result 59¢ 78% 3 Jan 2023 18 Jan 2023 $35.890 $36.900 -

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

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Issued Units Outstanding as at 31 March 2024 3 Apr 2024 8:27AM $37.150 $35.890 $36.900 fallen by 3.39%
Half-Year Financial Report 14 Mar 2024 3:18PM $36.500 $35.890 $36.900 fallen by 1.67%
Indicative dividends calendar for 2024 5 Mar 2024 6:07PM $36.180 $35.890 $36.900 fallen by 0.80%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

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

MVW Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
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%
2020A -$86.79 -$221.90 -183.70% 0.00 112.00 3.80% 57.4%

MVW Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2020 A 2021 A 2022 A 2020 A 2021 A 2022 A 2020 A 2021 A 2022 A
Magellan Financial Group (MFG) $1,632M -0.5164 -0.0458 -0.1145 9.0255 9.4585 10.6813 12.92% 6.27% 5.56%
VanEck Australian Equal Weight ETF (MVW) $2,217M -1.3026 0.0000 0.0000 0.0000 0.0000 0.0000 3.11% 0.00% 0.00%
Netwealth Group (NWL) $4,822M 0.1948 0.3656 0.1744 71.7502 52.5392 44.7362 1.21% 1.62% 1.90%
Pinnacle Investment Management Group (PNI) $2,210M -0.0127 -0.0785 0.1948 27.8974 30.2727 25.3377 3.31% 2.97% 3.16%
Perpetual (PPT) $2,761M -0.2217 0.0181 0.1179 14.5185 14.2597 12.7564 6.37% 5.35% 5.76%

MVW Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 1.22 0.00
Market 0.53 15.30 1.11 1.01
Sector 0.54 13.80 1.03 0.90

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 $35.89. This constitutes a price movement of 2.74% when compared to the share price 7 days ago and is -3.55% below MVW's 12-month high of $37.21 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $36.22, VanEck Australian Equal Weight ETF's (MVW) current share price of $35.89 constitutes a movement of -$0.33 or -0.91%. VanEck Australian Equal Weight ETF's (MVW) share price movement is -2.74% when compared to 7 days ago and is -3.55% below MVW's 52-week high of $37.21.

VanEck Australian Equal Weight ETF's (MVW) 52-week high is $37.21 which was reached on 28 Mar 2024. Relative to this, MVW's current share price of $35.89 constitutes a -$1.32 or -3.55% drop since that high of $37.21 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 $35.89 constitutes a $3.71 or 11.53% gain since that low of $32.18 per MVW share.

VanEck Australian Equal Weight ETF's (MVW) current market capitalisation is $2,188,545,749. 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 $0.66 per share and was paid on 17 Jan 2024. This last MVW distribution or dividend included 69% franking.

Upcoming ex-distribution date: 2 Jan 2024

Upcoming record date: 3 Jan 2024

Upcoming payment date: 17 Jan 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 n/a. 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.

The "management expense ratio" (MER) for VanEck Australian Equal Weight ETF (MVW) is 0.35%. This is the total expense for operating an ETF or managed fund like VanEck Australian Equal Weight ETF (MVW). This includes management fees and other operating expenses which all come out of an investor's return.

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