VanEck Blog & Insights

VanEck Vectors S&P/ASX Franked Dividend ETF FDIV

Fund description:  VanEck Vectors S&P/ASX Franked Dividend ETF (FDIV) invests in a diversified portfolio of ASX-listed securities that have paid out 100% franked dividends in the past two years with the aim of providing investment returns (before management costs) that closely track the returns of the S&P/ASX Franked Dividend Index (SPAXFDAT).

Index description: SPAXFDAT is composed of 30 companies within the S&P/ASX 200 that have paid out 100% franked dividends in the past two years.

Management style:  Replication

 as at 22-Feb-19

  • Exchange

    ASX
  • ASX code

    FDIV
  • Bloomberg index code

    SPAXFDAT
  • Index provider

    Standard & Poors
  • NAV

    $24.27
  • Units outstanding

    282,871
  • Net assets

    $6.9M
  • Number of holdings

    29
  • Inception date1

    27-Apr-16
  • ASX commencement

    02-May-16

1The date the Fund was seeded prior to quotation on ASX.

as at 22-Feb-19

Fundamentals as at 31-Jan-19

  • Weighted avg. market cap
    (AUD)

    $66.2B
  • Price/earnings ratio
    (last 12 months)*

    15.9
  • Price/book ratio
    (last 12 months)*

    1.8
*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-Jan-19

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    97.13
  • Mid ($1.0 - $5.0B)

    2.86
  • 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-Jan-19

  • 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-Jan-19

  • Country

    Weightings (%)
  • AUSTRALIA

    92.8
  • UNITED KINGDOM

    7.2
  • Other/Cash

    0.0
  • Total

    100.0

Portfolio composition (%)
as at 22-Feb-19

  • Asset classes

    % of Fund net assets
  • Stocks

    99.72
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.28
  • Total

    100.00

Sector weightings (%) as at 31-Jan-19

  • Sector

    Weightings (%)
  • Financials

    43.3
  • Materials

    21.1
  • Consumer Discretionary

    8.0
  • Energy

    7.7
  • Communication Services

    7.4
  • Consumer Staples

    7.3
  • Health Care

    3.4
  • Industrials

    1.8
  • Other/Cash

    0.0
  • Total

    100.0