AUM$290.2M
Expense Ratio0.28%
NAV$44.35
Holdings7
InceptionOct 14, 2013
Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
N/AAvg Volume
—Dividend Yield
—Expense Ratio
0.28%AUM
$290.2MShares Outstanding
—ETF Grades
?★★★★★1.5 / 5.0
Sector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Australia | 99.95% |
| Other | 0.05% |
Fund Information
- Issuer
- VanEck
- Category
- Financial Services
- Inception Date
- Oct 14, 2013
- Description
- Our Australian Banks ETF, MVB gives investors exposure to a diversified portfolio of ASX-listed banks and financial institutions. Our Australian Banks ETF aims to provide investment returns, before fees and other costs, which track the performance of the index.Invest in all the banks and remove single bank risk with one trade on ASX.Targeted investment position to one of the pillars of Australia's economy.Australian banks have typically paid high franked income relative to other sectors.
Similar ETFs
The VanEck - Australian Banks ETF (MVB.AX) is an exchange-traded fund issued by VanEck that launched on Oct 14, 2013. It currently manages $290.2M in assets under management. The fund charges an expense ratio of 0.28%. The fund holds 7 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NAB.AX | National Australia Bank Ltd | 21.04% | 1,304,380 | $60.5M |
| 2 | CBA.AX | Commonwealth Bank Of Australia | 20.72% | 347,337 | $59.6M |
| 3 | WBC.AX | Westpac Banking Corp | 19.94% | 1,414,920 | $57.4M |
| 4 | ANZ.AX | Anz Group Holdings Ltd | 19.50% | 1,515,672 | $56.1M |
| 5 | MQG.AX | Macquarie Group Ltd | 16.28% | 239,287 | $46.8M |
| 6 | BEN.AX | Bendigo & Adelaide Bank Ltd | 1.34% | 390,086 | $3.9M |
| 7 | BOQ.AX | Bank Of Queensland Ltd | 1.13% | 481,730 | $3.3M |
| 8 | — | Other/Cash | 0.05% | 0 | $144K |
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | — | — |
Moving Averages
20-Day MA
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50-Day MA
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200-Day MA
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Price with Moving Averages
Support & Resistance
52-Week High
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Current Price
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52-Week Low
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Current Yield
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Annual Dividend
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Frequency
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Last Ex-Date
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Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | MVB.AX | Financial Services(781 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.28% | 0.67% |
| AUM | $290.2M | $3.06B |
| Dividend Yield | — | 4.62% |
| Avg Volume | — | 1.4M |
| Holdings | 7 | 279 |
| Performance | ||
| 1-Month Return | — | -4.97% |
| 6-Month Return | — | +1.69% |
| YTD Return | — | +0.09% |
| 1-Year Return | — | +14.53% |
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