---
ticker: "VNM"
name: "VanEck Vietnam ETF"
url: "https://etf.net/etf/VNM"
grade: "D"
score: 35
graded_at: "2026-10-12"
category: "Emerging Markets Single Country"
category_rank: "19 of 22"
methodology: "https://etf.net/methodology"
---

# VNM: VanEck Vietnam ETF

Grade **D**, Score 35 of 100. Rank 19 of 22 in Emerging Markets Single Country.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 14 | 19 of 22 |
| Mission | 29 | 14 of 22 |
| Risk | 34 | 18 of 22 |
| Tradability | 49 | 10 of 22 |
| Holdings | 85 | 3 of 20 |
| Durability | 56 | 12 of 22 |

## Top holdings

The fund holds 61 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Vinhomes Jsc | 7.78% |
| 2 | — | Vingroup Jsc | 7.75% |
| 3 | — | Masan Group Corp | 6.69% |
| 4 | — | Masan Consumer Corp | 6.17% |
| 5 | — | Vietnam Dairy Products Jsc | 5.39% |
| 6 | — | Bank For Foreign Trade Of Vietnam Jsc | 5.04% |
| 7 | — | Hoa Phat Group Jsc | 4.88% |
| 8 | — | Vps Securities Jsc | 3.64% |
| 9 | — | Ssi Securities Corp | 3.52% |
| 10 | — | Vix Securities Jsc | 2.81% |
| 11 | — | Vinpearl Jsc | 2.78% |
| 12 | — | Saigon Thuong Tin Commercial Jsb | 2.57% |
| 13 | — | Vietjet Aviation Jsc | 2.53% |
| 14 | — | Fpt Corp | 2.44% |
| 15 | — | Vincom Retail Jsc | 2.19% |
| 16 | — | Techcom Securities Jsc | 1.92% |
| 17 | — | Vietcap Securities Jsc | 1.89% |
| 18 | — | Southeast Asia Commercial Joint Stock B | 1.78% |
| 19 | — | Vndirect Securities Corp | 1.58% |
| 20 | — | Saigon - Hanoi Commercial Joint Stock B | 1.48% |
| 21 | — | Gelex Group Jsc | 1.36% |
| 22 | — | Vietnam Maritime Commercial Jsb | 1.34% |
| 23 | — | No Va Land Investment Group Corp | 1.25% |
| 24 | — | Gelex Electric Equipment Jsc | 1.15% |
| 25 | — | Thanh Thanh Cong - Bien Hoa Jsc | 1.12% |
| 26 | — | Kinh Bac City Development Share Holding | 1.07% |
| 27 | — | Hagl Jsc | 0.93% |
| 28 | — | Vietnam Export Import Commercial Jsb | 0.93% |
| 29 | — | Vp Bank Securities Ltd Co | 0.92% |
| 30 | — | Petrovietnam Power Corp | 0.81% |

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