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Launched · SEC filings

VanEck Vietnam ETF

VNMCboeD

$16.53−0.05 (−0.30%)

At close: Oct 13, 2026, 4:00 PM

D35/ 100

Rank 19 of 22 in Emerging Markets Single Country

D35/100Rank 19 of 22inEmerging Markets Single Country
Intraday session: down, 76 prints from 16.58 to 16.53. Range 16.52 to 16.57. Use the arrow keys to read each point.16.5216.5416.5516.5616.5710 AM12 PM2 PM4 PM
Expense ratio
0.66%
Fund size
$466M
1Y total return
−12.5%
Yield · Last 12 months
0.23%
Holdings
61
Avg volume · 30D
0.6M sh
NAV per share
$16.69
52W range
low $16.22high $19.85
Launched
Filings
SEC EDGAR

The ETF.net VNM Grade

D

Score 35 out of 100

Category
Emerging Markets Single Country⁠
Rank
19 of 22
Six-pillar profile for VNM. Scores out of 100: Cost 14, Risk 34, Mission 29, Tradability 49, Holdings 85, Durability 56. Strongest: Holdings (85). Weakest: Cost (14). Leans toward Holdings.

Score 35 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F14 out of 100
    Rank 19 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    D29 out of 100
    Rank 14 of 22

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 18 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C49 out of 100
    Rank 10 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 3 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B56 out of 100
    Rank 12 of 22

Our read on VNM

ETF.net Research

DThe US-listed pure play on Vietnam. Since 2009, VanEck has packed roughly 60 Vietnamese stocks into one ticker, with no broad emerging-market wrapper diluting the bet.

Stated mandate

The fund seeks to track, before fees and expenses, the price and yield performance of the MarketVectorTM Vietnam Local Index.

Why people hold it

  1. 01Straight Vietnam, undiluted: the fund tracks the MarketVector Vietnam Local Index, an all-Vietnam equity benchmark, so the entire portfolio moves with that one market.
  2. 02Live since 2009, a veteran by single-country emerging-market standards, and it trades actively enough that getting in and out is rarely the hard part.
  3. 03Backed by VanEck with assets in the mid-size range, giving it the scale and shelf life that thinly held single-country products often lack.

Worth knowing

  1. 01At 0.66% a year, it prices above the typical single-country emerging-market fund, and far above budget peers in the group like FLMX at 0.19%.
  2. 02About 60 stocks, one country, one currency. Vietnamese policy news and the dong swing this fund far harder than they would a diversified emerging-market holding.
  3. 03Its results have followed the index less closely than most funds in its peer group, so what lands in your account can drift from the benchmark's headline figures.

VNM Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
61
Top-10 weight
54%
Largest holding
Vinhomes Jsc7.8%

Sectors

  • Financials32.5%
  • Real Estate23.0%
  • Consumer Staples15.9%
  • Industrials13.4%
  • Materials6.9%
  • Consumer Discretionary3.4%
  • Technology2.6%
  • Energy1.5%
  • Utilities0.8%

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—Vinhomes Jsc7.78%14,371,134$37M1
002—Vingroup Jsc7.75%4,182,998$36M1
003—Masan Group Corp6.69%10,986,176$32M1
004—Masan Consumer Corp6.17%5,256,800$29M1
005—Vietnam Dairy Products Jsc5.39%11,385,441$25M1
006—Bank For Foreign Trade Of Vietnam Jsc5.04%10,837,101$24M2
007—Hoa Phat Group Jsc4.88%29,566,998$23M2
008—Vps Securities Jsc3.64%16,738,100$17M1
009—Ssi Securities Corp3.52%22,577,991$17M1
010—Vix Securities Jsc2.81%29,364,779$13M2
011—Vinpearl Jsc2.78%4,186,500$13M1
012—Saigon Thuong Tin Commercial Jsb2.57%4,646,000$12M1
013—Vietjet Aviation Jsc2.53%2,393,662$12M1
014—Fpt Corp2.44%5,136,000$11M3
015—Vincom Retail Jsc2.19%11,494,622$10M1

Showing 1–15 of 61 holdings

VNM Performance

Launched Aug 11, 2009

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

VNM$8,753
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. VNM $8,753. SPY $12,044. Use the arrow keys to read each point.$8,352$10,343$12,334Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 VNM. Periods over one year show the average yearly return.
PeriodVNM
Year to date−13.1%
1 month−5.3%
3 months−7.8%
1 year−12.5%
3 yearsper year+8.6%
5 yearsper year−2.0%
10 yearsper year+2.4%

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 VNM
YearReturn barVNM
2026 YTD−13.1%
2025+66.5%
2024−11.1%
2023+15.1%
2022−43.7%
2021+22.0%
2020+9.8%

VNM in the news

Filtered to VNM · Emerging Markets Single Country

VNM 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 Oct 12, 2026.
0.23%Last 12 months
Payout per share
$0.04Last 12 months
Last payment
$0.04 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2017–2026

One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.15; Dec 27, 2017 $0.03; Dec 20, 2018 $0.12; Dec 23, 2019 $0.11; Dec 30, 2019 $0.02; Dec 21, 2020 $0.07; Dec 20, 2021 $0.10; Dec 19, 2022 $0.11; Dec 28, 2022 $0.0034; Dec 18, 2023 $0.66; Dec 27, 2023 $0.02; Dec 22, 2025 $0.04. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 26, 2025$0.04
Dec 27, 2023Dec 29, 2023$0.02
Dec 18, 2023Dec 22, 2023$0.66
Dec 28, 2022Dec 30, 2022$0.0034
Dec 19, 2022Dec 23, 2022$0.11
Dec 20, 2021Dec 27, 2021$0.10
Dec 21, 2020Dec 28, 2020$0.07
Dec 30, 2019Jan 6, 2020$0.02
Dec 23, 2019Dec 30, 2019$0.11
Dec 20, 2018Dec 27, 2018$0.12
Dec 27, 2017Jan 3, 2018$0.03
Dec 18, 2017Dec 22, 2017$0.15

VNM Risk

How much the fund’s monthly returns vary, scaled to a year.
24.2%
Annualised · 36 months to Sep 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.
0.32
vs 3-month T-bills · to Sep 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.
−49.9%
Trough Apr 2025
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.
1.07
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.

VNM Cost

Expense ratio0.66%
  • The middle half of Emerging Markets Single Country funds
  • Median 0.59%

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

VNM costs $66.00 a year on $10,000. The median Emerging Markets Single Country fund costs $59.00.

Other funds in Emerging Markets Single Country

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