VanEck Vietnam ETF (VNM)
| Assets | $433.77M |
| Expense Ratio | 0.70% |
| PE Ratio | 11.40 |
| Shares Out | 38.20M |
| Dividend (ttm) | $0.67 |
| Dividend Yield | 5.86% |
| Ex-Dividend Date | Dec 27, 2023 |
| Payout Ratio | 66.84% |
| 1-Year Return | -12.28% |
| Volume | 267,746 |
| Open | 11.47 |
| Previous Close | 11.39 |
| Day's Range | 11.43 - 11.50 |
| 52-Week Low | 11.25 |
| 52-Week High | 13.91 |
| Beta | 1.12 |
| Holdings | 49 |
| Inception Date | Aug 14, 2009 |
About VNM
Fund Home PageThe VanEck Vietnam ETF (VNM) is an exchange-traded fund that is based on the MarketVector Vietnam Local index, a market-cap-weighted index of Vietnamese stocks VNM was launched on Aug 14, 2009 and is issued by VanEck.
Top 10 Holdings
55.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Vinhomes Jsc | VHM VN | 8.26% |
| Vingroup Jsc | VIC VN | 7.90% |
| Hoa Phat Group Jsc | HPG VN | 6.88% |
| Bank For Foreign Trade Of Vietnam Jsc | VCB VN | 6.43% |
| Vietnam Dairy Products Jsc | VNM VN | 6.23% |
| Ssi Securities Corp | SSI VN | 5.53% |
| Masan Group Corp | MSN VN | 4.91% |
| Vndirect Securities Corp | VND VN | 3.52% |
| Duc Giang Chemicals Jsc | DGC VN | 2.86% |
| Vietcap Securities Jsc | VCI VN | 2.79% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2023 | $0.019 | Dec 29, 2023 |
| Dec 18, 2023 | $0.655 | Dec 22, 2023 |
| Dec 28, 2022 | $0.003 | Dec 30, 2022 |
| Dec 19, 2022 | $0.111 | Dec 23, 2022 |
| Dec 20, 2021 | $0.103 | Dec 27, 2021 |
| Dec 21, 2020 | $0.070 | Dec 28, 2020 |
News
Vietnam Moving Closer to Emerging Markets Status
The VanEck Vietnam ETF (VNM) gained 2% over the past month. One obvious reason for that rally is recent commentary from index provider FTSE Russell.
VNM: Vietnam Stocks Cheap, But Among The Worst Spots Globally Recently
I maintain a hold rating on the VanEck Vietnam ETF due to its low valuation but weak momentum and technicals. VNM has significant exposure to Real Estate and Financials, sectors sensitive to interest ...
VNM: A Big Bet On Vingroup
Vietnam could be poised to replace China as a regional manufacturing hub due to its young population and rising geopolitical tensions between the U.S. and China. The VanEck Vietnam ETF provides conven...
Vietnam Is Humming. 3 Growth Stocks to Play.
Some Vietnamese stocks are underappreciated, especially in technology and retail sectors.
VNM: The Go-To Vehicle To Capture Vietnam's Upside
Vietnam remains the best-performing equity market in Southeast Asia. The future growth potential is as strong as ever, yet valuations aren't all that demanding. As the largest and most liquid ETF play...
ASEAN Economic Outlook In 2024
The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. Singapore's GDP...
VNM: Still An Attractive Frontier Market Growth Story
After a challenging 2022, Vietnam equities rebounded strongly through last year. While valuations are higher now, they remain undemanding on a relative basis. VanEck's Vietnam ETF remains the go-to US...
3 Tax-Loss Sell Alerts: These Stocks Likely To Fall By Even More
Investors should consider selling stocks with negative catalysts and at risk of further decline. Taxable account holders may realize losses to offset this year's capital gains. Avoid Companies with hi...
Unlocking Vietnam's Economic Potential
Vietnam is becoming an increasingly attractive investment destination thanks to its sturdy GDP growth, strides in its high-tech manufacturing capabilities, and strong US ties. The nation is drawing fo...
VNM: A Concentrated Frontier-Markets Fund, Low PEG, Weakening Momentum
Frontier Markets, including the VanEck Vietnam ETF, have underperformed the S&P 500 over the past decade. VNM has a high concentration in two sectors, and has recently experienced weak relative perfor...
VNM: Vietnam Remains Southeast Asia's Best-Kept Secret
Having started off strongly this year, Vietnamese equities have pulled back amid external headwinds. The rate cut cycle may be delayed but isn't over, and the property/financials-heavy VNM portfolio s...
Vietnam's Economy Is on Fire. Why Its Stocks Aren't.
Vietnam's economy is growing, but there still aren't many stocks for investors to choose from, even 35 years after Communist leaders launched market reform.
Vietnam: A Bright Spot In Asia Equities
Vietnam witnessed a GDP growth of 8% in 2022, and the FTSE Vietnam 30 Index recorded a positive return of 12% in USD terms year-to-date. The collaboration between FTSE Russell and the Singapore Exchan...
VNM: Improvements Made, But CEFs Still Preferred For This New Vietnam Bull Market
The VanEck Vietnam ETF has made changes to its structure, now only tracking locally incorporated Vietnamese companies listed on Vietnam exchanges. The expense ratio for VNM has increased slightly to 0...
VanEck Vietnam ETF: Unsteady Macros, But Risk-Reward In A Better Place
The VanEck Vietnam ETF offers exposure to 46 Vietnamese stocks, primarily small-cap, and has an annual turnover rate higher than most ETFs, suggesting a significant part of its performance will be dri...
Vietnam Economy Hit By Slumping Exports And Power Blackouts
Vietnam's GDP growth rate moderated to a pace of 3.3% year-on-year (y/y) in the first quarter of 2023, after rapid GDP growth of 8.0% y/y in 2022. Severe power outages due to a protracted heatwave hav...
VNM: The Last Of The Asian Tigers
The VanEck Vietnam ETF has underperformed over the last year, but the tide is turning. In the near term, massive rate cuts should bolster growth and ease funding pressures.
Why Vietnam Takes the Lead in Rate Cuts
Vietnam has become one of the first countries to cut its key rates as the State Bank of Vietnam (SBV) lowered some key rates, including the discount rate (from 4.5% to 3.5%) and the overnight electro...
AFC On The Road - Vietnam
Vietnam is the key beneficiary in Asia of shifting supply chains. Tourism should make a strong comeback in 2023 as China re-opens.
Amid 2022's Equity Pain, Southeast Asia Has Been An Overlooked Gem
Against the challenging environment and increasingly dimming economy globally in 2022, Southeast Asian countries represent a rare part of the world that have delivered impressive resilience. The heavi...
Vietnam's Bright Macroeconomic Outlook
VanEck Vietnam ETF provides access to the growth story of Vietnam and could be an appealing investment for investors seeking growth exposure outside of traditional emerging markets.
VNM: Vietnamese Stocks Still Offer Promising Returns In Spite Of Higher Interest Rates
VNM invests in the local equity market of Vietnam. The portfolio continues to offer a return profile of over 10% per annum over the coming years.