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ETFs

VanEck Vietnam ETF

VNM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 11 2009
Expense Ratio
0.66%
Type
Global Ex. US Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$10,004,634
AUM
$602,640,500
Associated Index
MarketVector Vietnam Local Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VHM
Vinhomes Joint Stock Company
7.41%
VNM
Viet Nam Dairy Products Jsc
7.32%
VIC
Vingroup Joint Stock Co.
7.01%
HPG
Hoa Phat Group Jsc
6.60%
VCB
Joint Stock Commercial Bank for Foreign Trade of Vietnam
6.41%
SSI
SSI Securities Corporation
5.68%
MSN
Masan Group Corp
4.65%
VND
VN Direct Securities Co
4.56%
NVL
No Va Land Investment Group Corporation
3.46%
DGC
Ducgiang Chemicals & Detergent Powder JSC
2.95%
Invest with VNM

What is VNM?

VanEck Vietnam ETF (VNM seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Vietnam Local Index (MVVNMLTR), which tracks securities of publicly traded companies that are locally incorporated in Vietnam.

ETFs related toVNM

ETFs correlated to VNM include FM, CHIQ, JMHI

VNM
VanEck ETF Trust - VanEck Vietnam ETF
FM
BlackRock Institutional Trust Company N.A. - iShares Frontier and Select EM ETF
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
JMHI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan High Yield Municipal ETF
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
GMF
SSgA Active Trust - SPDR S&P Emerging Asia Pacific ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
ERTH
Invesco Capital Management LLC - Invesco MSCI Sustainable Future ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVNM

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with VNM using Composer

FAQ

VNM is a Global Ex. US Equities ETF. VanEck Vietnam ETF (VNM seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Vietnam Local Index (MVVNMLTR), which tracks securities of publicly traded companies that are locally incorporated in Vietnam.

VNM tracks the MarketVector Vietnam Local Index.

No, VNM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, VNM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VNM is -0.071%. This is the percent change in the value of VNM over the most recent 1-month period. The 3-month return on VNM is -0.0052%. This is the percent change in the value of VNM over the most recent 3-month period.

The standard deviation of VNM for the past year is 0.2503%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VNM include EWZ, EWW, and EWT.

ETFs correlated to VNM include FM, CHIQ, and JMHI.

ETFs that are inversely correlated to VNM include YANG, EDZ, and JPLD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.