MVE - VanEck MidCap ETF | Australian Mid-Caps | Portfolio Analytics
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VanEck S&P/ASX MidCap ETF MVE

Fund description: MVE gives investors exposure to a diversified portfolio of ASX-listed securities. MVE aims to provide investment returns before fees and other costs which track the returns of the Index.

Index description: The S&P/ASX Midcap 50 Index represents the mid cap universe for Australia. The index is comprised of all the members of the S&P/ASX 100 excluding those in the S&P/ASX 50.

Management style: Replication

Country of domicile: Australia

 as at 26-Nov-21

  • Exchange

    ASX
  • ASX code

    MVE
  • Bloomberg index code

    ASA34
  • Index provider

    SPDJI
  • NAV

    $37.61
  • Units outstanding

    4,739,515
  • Net assets

    $178.3M
  • Number of holdings

    50
  • Inception date1

    14-Oct-13
  • ASX commencement

    16-Oct-13
1The date the ETF was seeded prior to quotation on ASX.

as at 26-Nov-21

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Fundamentals as at 31-Oct-21

  • Weighted avg. market cap
    (AUD)

    $7.8B
  • Price/earnings ratio
    (last 12 months)*

    23.2
  • Price/book ratio
    (last 12 months)*

    2.1
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 31-Oct-21

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    42.95
  • Mid ($1.0 - $5.0B)

    56.98
  • Small (<$1.0B)

    0.00
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures
as at 31-Oct-21

  • Beta vs. MSCI World ex
    Australia

    1.12
  • Correlation vs. MSCI World
    ex Australia

    0.93
  • Volatility (standard deviation)

    20.31
  • Sharpe ratio

    0.66

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 31-Oct-21

  • Country

    Weightings (%)
  • Australia

    99.9
  • Other/Cash

    0.1
  • Total

    100.0

Portfolio composition (%)
as at 26-Nov-21

  • Asset classes

    % of Fund net assets
  • Stocks

    100.00
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.00
  • Total

    100.00

Sector weightings (%) as at 31-Oct-21

  • Industry

    Weightings (%)
  • Materials

    22.9
  • Industrials

    13.7
  • Consumer Discretionary

    11.4
  • Communication Services

    10.9
  • Financials

    9.9
  • Energy

    8.3
  • Information Technology

    7.3
  • Real Estate

    5.2
  • Utilities

    4.7
  • Consumer Staples

    3.0
  • Health Care

    2.8
  • Other/Cash

    0.1
  • Total

    100.2