---
ticker: "VNAM"
name: "Global X - MSCI Vietnam ETF"
url: "https://etf.net/etf/VNAM"
grade: "C"
score: 42
graded_at: "2026-10-12"
category: "Emerging Markets Single Country"
category_rank: "13 of 22"
methodology: "https://etf.net/methodology"
---

# VNAM: Global X - MSCI Vietnam ETF

Grade **C**, Score 42 of 100. Rank 13 of 22 in Emerging Markets Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 81 | 5 of 22 |
| Mission | 19 | 20 of 22 |
| Risk | 41 | 16 of 22 |
| Tradability | 10 | 20 of 22 |
| Holdings | Not scored | — |
| Durability | 28 | 20 of 22 |

## Top holdings

The fund holds 72 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Vingroup Jsc | 24.87% |
| 2 | — | Hoa Phat Group Jsc | 5.51% |
| 3 | — | Fpt Corp | 3.60% |
| 4 | — | Masan Group Corp | 3.52% |
| 5 | — | Bank For Foreign Trade Jsc | 3.26% |
| 6 | — | Vietnam Dairy Products Jsc | 2.91% |
| 7 | — | Saigon Treasure Commercial Joint Stock Bank | 2.65% |
| 8 | — | Vietnam Prosperity Jsc Bank | 2.59% |
| 9 | — | Ssi Securities Corp | 2.52% |
| 10 | — | Vietjet Aviation Jsc | 2.17% |
| 11 | — | Vix Securities Jsc | 2.15% |
| 12 | — | Masan Consumer Corp | 1.84% |
| 13 | — | Vincom Retail Jsc | 1.58% |
| 14 | — | Hdbank | 1.54% |
| 15 | — | Vietnam Js Commercial Bank F | 1.28% |
| 16 | — | Ho Chi Minh City Securities | 1.22% |
| 17 | — | Saigon - Hanoi Commericial | 1.16% |
| 18 | — | Vndirect Securities Corp | 1.12% |
| 19 | — | Fpt Digital Retail Jsc | 1.12% |
| 20 | — | Gelex Group Jsc | 1.09% |
| 21 | — | Petrovietnam Refining N Petr | 1.05% |
| 22 | — | Novaland Investment Group | 1.00% |
| 23 | — | Bank For Investment and Deve | 0.99% |
| 24 | — | Vietcap Securities Jsc | 0.97% |
| 25 | — | Kinh Bac City Development Ho | 0.96% |
| 26 | — | Dien May Xanh Investment Jsc | 0.93% |
| 27 | — | Petrovietnam Technical Servi | 0.85% |
| 28 | — | Gemadept Group Corp | 0.81% |
| 29 | — | Hagl Jsc | 0.77% |
| 30 | — | Vietnam Export-Import Commer | 0.76% |

Source: etf.net, https://etf.net/etf/VNAM. Please cite the page URL.