VanEck Vietnam ETF
VNM
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- VanEck Vietnam ETF (VNM) is an exchange-traded fund that seeks to replicate the price and yield performance, before fees and expenses, of the MarketVector Vietnam Local Index. The fund provides investors with targeted exposure to publicly traded companies incorporated in Vietnam or generating at least 50% of their revenues from the country; it holds a diversified portfolio of approximately 52 equities across key sectors including real estate (33.60%), financials (23.78%), consumer staples (16.56%), industrials (12.48%), and materials (8.79%), with top holdings such as Vingroup JSC (16.26%), Vinhomes JSC (7.35%), Masan Group Corp (6.34%), Hoa Phat Group JSC (5.92%), and Vietnam Dairy Products JSC (5.29%). VNM operates primarily in the emerging markets equity segment, targeting U.S. and international investors seeking access to Vietnam's dynamic economy characterized by a young working-age population and rapid growth. Launched on August 11, 2009, and domiciled in the United States, VNM is managed by VanEck ETF Trust under Van Eck Associates Corporation and trades on the BATS exchange with total net assets of approximately $559.64 million and a gross expense ratio of 0.68% as of December 2025. In recent portfolio rebalancings during 2024 and 2025, VNM adjusted its holdings in response to market movements, including plans to reduce weighting in Vingroup JSC due to sharp price increases and anticipated additions of new tickers such as Viettel Post (VTP), Nam A Bank (NAB), and MB Securities (MBS) to maintain alignment with index criteria like minimum market capitalization and trading volume. The fund continues to benefit from Vietnam's booming stock market amid broader economic momentum, with year-to-date returns exceeding 52% as of late 2025, reflecting no major structural changes such as acquisitions, funding rounds, or strategic alliances reported for the ETF itself.