VanEck Vietnam ETF (VNM)
| Assets | $573.39M |
| Expense Ratio | 0.68% |
| PE Ratio | 19.70 |
| Shares Out | 32.35M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 896,492 |
| Open | 17.20 |
| Previous Close | 17.60 |
| Day's Range | 17.12 - 17.40 |
| 52-Week Low | 10.10 |
| 52-Week High | 17.97 |
| Beta | 0.92 |
| Holdings | 52 |
| 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
56.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Vingroup JSC | VIC | 8.12% |
| Vinhomes JSC | VHM | 8.11% |
| VIX Securities JSC | VIX | 6.50% |
| Hoa Phat Group JSC | HPG | 6.48% |
| SSI Securities Corporation | SSI | 6.35% |
| Vietnam Dairy Products JSC | VNM | 5.19% |
| Joint Stock Commercial Bank for Foreign Trade of Vietnam | VCB | 5.07% |
| Masan Consumer Corp | MCH.VN | 4.25% |
| VNDIRECT Securities JSC | VND | 3.66% |
| Vietcap Securities JSC | VCI | 3.12% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2023 | $0.0185 | Dec 29, 2023 |
| Dec 18, 2023 | $0.6552 | Dec 22, 2023 |
| Dec 28, 2022 | $0.0034 | Dec 30, 2022 |
| Dec 19, 2022 | $0.1106 | Dec 23, 2022 |
| Dec 20, 2021 | $0.1031 | Dec 27, 2021 |
| Dec 21, 2020 | $0.070 | Dec 28, 2020 |
Performance
VNM had a total return of 38.44% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.09%.
News
VNM And Nike: Vietnam Trade Deal Good, But Not Great, News
The Vietnam trade deal removes major tariff threats, providing clarity for U.S. companies like Nike, Inc., but the positive impact is already priced in. Nike's tariff-related cost reduction is meaning...
VNM: Unpacking The Trade 'Deal' Impact
President Trump's Vietnam "trade deal" raises tariffs to 20%, doubling costs for U.S. importers and potentially hurting demand for Vietnamese exports. VNM ETF remains heavily weighted toward domestic ...
Exceptionalism starts to happen in some emerging markets, such as Vietnam: Portfolio manager
Steven Quattry, Morgan Stanley Investment Management says a number of emerging markets are undergoing structural reforms, hence attracting foreign capital.
VNM: Potential EM Upgrade Is Welcome, But Wait For A Price Pullback
After a difficult 2024, VNM ETF has surged by 14% YTD, outperforming its global and Asian EM peers,. Recent infrastructure improvements and regulatory changes are attracting foreign institutional inte...
VNM: Vietnam Stocks Break Out, And The Valuation Is A Bargain (Rating Upgrade)
European stocks are strong in 2025, but the VanEck Vietnam ETF stands out with an 8% gain, prompting an upgrade to a buy. VNM tracks the MarketVector Vietnam Local Index and offers diversified exposur...
VinaCapital Vietnam Opportunity Fund: Better Than The VNM ETF, But Only Under A Buyback Scenario
VCVOF has historically outperformed the VNM ETF, despite liquidity issues and a widening discount to NAV, making it a compelling investment for long-term exposure. Vietnam's strong GDP outlook, improv...
VNM: Better Than VNAM, But Potential Tariff Risks Should Not Be Discarded
The VanEck Vietnam ETF has underperformed in 2024, falling by -9% YTD, while emerging markets have gained 8% and global stocks have performed even better. VNM offers superior tradability and income co...
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.