Global X - MSCI Vietnam ETF
VNAM
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Dec 10, 2021
- CIK
- 0001432353
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X MSCI Vietnam ETF (VNAM) is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Vietnam Select 25-50 Index, which tracks the large- and mid-cap segments of the Vietnam equity market. The fund offers targeted exposure to Vietnamese securities across key sectors including real estate (36.0%), financials (23.5%), consumer staples (10.9%), materials (10.2%), and industrials (9.5%), with top holdings such as Vingroup JSC (21.70%), Hoa Phat Group JSC (7.10%), and Vinhomes JSC (5.76%). Launched on December 7, 2021, and managed by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments headquartered in New York, New York, the ETF focuses on Vietnam's rapidly growing economy, which saw GDP growth exceeding 7% in 2024 and is forecasted to remain above 6% through 2027. The ETF provides efficient access to a diversified basket of Vietnamese large- and mid-cap companies weighted by free-float adjusted market capitalization with a liquidity screen, serving investors seeking emerging market exposure in one of Asia's fastest-growing economies. Geographically, VNAM concentrates operations on Vietnam-listed equities, enabling U.S. and international investors to participate in sectors driving national growth such as real estate development, banking, consumer goods, steel production, and technology services. Global X Management Company LLC, founded in 2008 and acquired by Mirae Asset Global Investments in July 2018 for $488 million, continues to expand its ETF lineup, surpassing $55 billion in assets under management globally as of 2025, with recent enhancements including new launches like the AI Semiconductor & Quantum ETF (CHPX) in October 2025 and fund updates in April and January 2025. In Europe, its affiliate reached $5 billion in AUM by November 2025, fueled by 218% growth and launches of four new UCITS ETFs including defense tech and superdividend strategies. These developments underscore ongoing product innovation and strategic growth without specific changes directly to VNAM, which maintains its core focus on Vietnam market access.