The VanEck Australian Equal Weight ETF (Ticker: AU:MVW) is a compelling investment vehicle designed to offer diversified exposure to Australia's leading large-cap companies. Categorized under the Size and Style segment, this ETF uniquely focuses on an equal-weight strategy, setting it apart within the broad-based niche. Unlike traditional market-cap-weighted indices where larger companies dominate, the equal-weight approach ensures that each constituent company holds an equivalent position in the portfolio. This strategy mitigates the concentration risk often found in large-cap investments, allowing investors to benefit from the growth potential across a wider spectrum of Australia's robust economic sectors. The VanEck Australian Equal Weight ETF thus presents an attractive option for investors seeking a balanced and diversified approach to large-cap Australian equities, leveraging the stability of established companies while maintaining an even distribution of investment risk.
VanEck Australian Equal Weight ETF (MVW) Fund Flow Chart
VanEck Australian Equal Weight ETF (MVW) 1 year Net Flows: 357M
MVW ETF FAQ
What was AU:MVW’s price range in the past 12 months?
AU:MVW lowest ETF price was 34.50 and its highest was 41.00 in the past 12 months.
What is the AUM of AU:MVW?
As of Mar 07, 2025 The AUM of AU:MVW is 2.63B.
Is AU:MVW overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does AU:MVW pay dividends?
AU:MVW does not currently pay dividends.
How many shares outstanding does AU:MVW have?
Currently, no data Available
Which hedge fund is a major shareholder of AU:MVW?
Currently, no hedge funds are holding shares in AU:MVW