VLUE - Portfolio Analytics
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VanEck Blog & Insights

VanEck MSCI International Value ETF VLUE

Fund description: VLUE gives investors a diversified portfolio of 250 international developed market large- and mid-cap companies, with high value scores as calculated by MSCI at each rebalance. VLUE aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MSCI World ex Australia Enhanced Value Top 250 Select Index measures the performance of 250 international large- and mid-cap companies selected from the MSCI World ex Australia Index with high value scores relative to their peers at rebalance. Exclusions apply for weapons and tobacco.

Management style: Replication

Country of domicile: Australia

 as at 04-Jul-22

  • Exchange

    ASX
  • ASX code

    VLUE
  • Bloomberg index code

    NA736924
  • Index provider

    MSCI Inc.
  • NAV1

    $20.59
  • Units outstanding1

    8,300,106
  • Net assets1

    $170.9M
  • Number of holdings1

    250
  • Inception date2

    08-Mar-21
  • ASX commencement

    10-Mar-21
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 04-Jul-22

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 1pm next business day.
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Fundamentals as at 31-May-22

  • Weighted avg. market cap
    (AUD)

    $112.0B
  • Price/earnings ratio
    (last 12 months)*

    9.1
  • Price/book ratio
    (last 12 months)*

    1.1
*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-May-22

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    99.67
  • Mid ($1.0 - $5.0B)

    0.34
  • 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

  • Beta vs. MSCI World ex
    Australia

    --
  • Correlation vs. MSCI World
    ex Australia

    --
  • Volatility (standard deviation)

    --
  • Sharpe ratio

    --

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-May-22

  • Country

    Weightings (%)
  • United States

    45.0
  • Japan

    24.4
  • United Kingdom

    8.3
  • France

    6.9
  • Germany

    3.8
  • Netherlands

    2.0
  • China

    1.9
  • Canada

    1.8
  • Spain

    1.8
  • Switzerland

    1.1
  • Italy

    0.8
  • Denmark

    0.5
  • Finland

    0.5
  • Luxembourg

    0.4
  • Sweden

    0.3
  • Israel

    0.2
  • Ireland

    0.1
  • Belgium

    0.1
  • Austria

    0.0
  • Other/Cash

    0.0
  • Total

    99.9

Portfolio composition (%)
as at 01-Jul-22

  • Asset classes

    % of Fund net assets
  • Stocks

    100.08
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    -0.08
  • Total

    100.00

Sector weightings (%) as at 31-May-22

  • Sector

    Weightings (%)
  • Information Technology

    23.6
  • Health Care

    13.7
  • Financials

    11.9
  • Industrials

    10.5
  • Consumer Discretionary

    10.4
  • Communication Services

    9.1
  • Consumer Staples

    7.1
  • Materials

    4.6
  • Energy

    4.2
  • Utilities

    2.5
  • Real Estate

    2.4
  • Other/Cash

    0.0
  • Total

    100.0