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VNAM

GradeCNew York Stock Exchange Arca

Global X - MSCI Vietnam ETF

Countries & Regions · Global X · Inception 2021-12-07 · SEC filings

$24.54−0.17 (−0.69%)

As of Sep 23, 2026, 1:56 PM EDT

History starts Dec 10, 2021.
Intraday session: down, 10 prints from 24.71 to 24.54. Range 24.54 to 24.78. Use the arrow keys to read each point.$24.60$24.70$24.8010 AM12 PM2 PM4 PM
Expense ratio
0.51%
Fund size
$36M
1Y return
+11.2%
Yield · Last 12 months
0.49%
Holdings
71
Volume · 30D
0M sh
NAV per share
$24.96
52W range
low $21.50high $27.45

The ETF.net VNAM Grade

C

40/ 100

Rank 15 of 22 in Emerging Markets Single Country⁠

Confidence High

Six-pillar profile for VNAM. Scores out of 100: Cost 81, Risk 42, Mission 14, Tradability 10, Holdings not scored, Durability 28. Strongest: Cost (81). Weakest: Tradability (10). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 81
    Category rank5/22 · top 23%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    FScore 14
    Category rank20/22 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 42
    Category rank16/22 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 10
    Category rank20/22 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 28
    Category rank20/22 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on VNAM

ETF.net Research

CVietnam in a single US-listed ticker: about 70 locally listed large and mid caps, with index rules that stop one conglomerate from becoming the whole fund. It also prices under the typical single-country emerging-market ETF.

Stated mandate

The fund seeks to track the performance of the MSCI Vietnam Select 25-50 Index before fees and expenses. It uses an indexing approach and invests primarily in securities represented by that index.

Why people hold it

  1. 01Pure-play access to a market most US brokerage accounts cannot reach directly: roughly 70 Vietnamese large and mid caps in one index fund.globalxetfs.com
  2. 02At 0.51% a year, it prices below the median fee in its single-country emerging-market peer group.
  3. 03The 25-50 index rules cap the largest group at 25% and hold everything above 5% to 50% combined, a real check in a top-heavy market.msci.com
  4. 04Plain vanilla build: a standard 1940 Act index fund, no leverage, no swaps.

Worth knowing

  1. 01Thinly traded with a small asset base, so spreads can run wider than on big-name ETFs and small funds carry more closure risk.
  2. 02One country, one market, and the caps still allow half the fund in a few large names, so Vietnam's swings arrive undiluted.msci.com
  3. 03Cash comes back once or twice a year rather than quarterly.

VNAM Holdings

As of Sep 21, 2026, 6:07 PM
Asset class
Stocks
Holdings
71
Top-10 weight
54%
Largest holding
VINGROUP JSC25.2%

Sectors

  • Real Estate33.6%
  • Financials29.8%
  • Industrials12.2%
  • Materials7.9%
  • Cons. Staples7.2%
  • Technology3.9%
  • Energy3.1%
  • Consumer Discr.1.7%
  • Utilities0.7%

Geography

  • Vietnam100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—VINGROUP JSC25.22%968,700$9M1
002—HOA PHAT GROUP JSC5.60%2,405,753$2M1
003—FPT CORP3.84%545,930$1M1
004—BANK FOR FOREIGN TRADE JSC3.26%504,349$1M1
005—MASAN GROUP CORP3.07%416,320$1M1
006—VIETNAM DAIRY PRODUCTS JSC2.93%442,900$1M1
007—SAIGON TREASURE COMMERCIAL JOINT STOCK BANK2.91%345,300$1M1
008—SSI SECURITIES CORP2.69%1,162,862$956K1
009—VIX SECURITIES JSC2.30%1,618,913$818K1
010—VIETNAM PROSPERITY JSC BANK2.24%756,900$798K1
011—VIETJET AVIATION JSC2.06%147,640$732K1
012—MASAN CONSUMER CORP1.75%113,300$623K1
013—VINCOM RETAIL JSC1.65%600,000$588K1
014—HDBANK1.38%464,300$491K1
015—SAIGON - HANOI COMMERICIAL1.30%1,019,795$462K1

Showing 1–15 of 73 holdings

VNAM Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VNAM$11,125
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. VNAM $11,125. SPY $11,723. Use the arrow keys to read each point.$9,323$10,832$12,342Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VNAM. Periods over one year show the average yearly return.
PeriodVNAM
Year to date−1.6%
1 month+3.3%
3 months−2.6%
1 year+11.2%
3 years+12.9%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VNAM
YearReturn barVNAM
2026 YTD−1.6%
2025+67.0%
2024−7.8%
2023+13.0%
2022−44.2%
2021+2.5%

History from Dec 10, 2021

VNAM in the news

VNAM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.49%Last 12 months
Payout per share
$0.12Last 12 months
Last payment
$0.03 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2021–2026

One bar per payment. 10 payments from 2021 to 2026 YTD. Dec 30, 2021 $0.03; Jun 29, 2022 $0.04; Dec 29, 2022 $0.12; Jun 29, 2023 $0.03; Dec 28, 2023 $0.05; Jun 27, 2024 $0.0023; Dec 30, 2024 $0.15; Jun 27, 2025 $0.03; Dec 30, 2025 $0.09; Jun 29, 2026 $0.03. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 29, 2026Jul 7, 2026$0.03
Dec 30, 2025Jan 7, 2026$0.09
Jun 27, 2025Jul 7, 2025$0.03
Dec 30, 2024Jan 7, 2025$0.15
Jun 27, 2024Jul 5, 2024$0.0023
Dec 28, 2023Jan 8, 2024$0.05
Jun 29, 2023Jul 10, 2023$0.03
Dec 29, 2022Jan 9, 2023$0.12
Jun 29, 2022Jul 8, 2022$0.04
Dec 30, 2021Jan 7, 2022$0.03

VNAM Risk

How much the fund’s monthly returns vary, scaled to a year.
23.6%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.37
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−52.8%
57 months · trough Nov 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.15
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

VNAM Cost

Expense ratio0.51%
  • The middle half of Emerging Markets Single Country funds
  • Median 0.59%

4 of the 21 Emerging Markets Single Country funds charge less.

VNAM costs $51.00 a year on $10,000. The median Emerging Markets Single Country fund costs $59.00.