ATLASVanEck Vietnam ETF (VNM): outlook, holdings and fees
VanEck Vietnam ETF (VNM) is an exchange-traded fund and is managed by VanEck. The expense ratio is 0.67% and the yield is 0.22%. The ten largest holdings are 53% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on VNM
| Last price | $16.42 (-1.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $15.98 – $17.02 |
| Normal 1-day range (±1σ) | ±1.1% |
| Distribution yield | 0.22% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
VNM fund facts
| Issuer | VanEck |
|---|---|
| Theme | Asia-Pacific |
| Assets under management | $466M |
| Expense ratio | 0.67% |
| Number of holdings | 39 |
| Portfolio turnover | 57% |
| Inception | Aug 11, 2009 |
| Exchange | CBOE |
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes securities of Vietnamese companies. A company is generally considered to be a Vietnamese company if it is incorporated in Vietnam. It is non-diversified.
VNM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Vinhomes JSC VHM | Real Estate | 7.86% |
| Vingroup JSC VIC | Real Estate | 8.12% |
| Masan Group Corp MSN | Industrials | 6.59% |
| Masan Consumer Corp MCH | Consumer Non-Cyclicals | 6.45% |
| Vietnam Dairy Products JSC VNM | Consumer Defensive | 5.59% |
| Joint Stock Commercial Bank for Foreign Trade of Vietnam VCB | Financial Services | 4.87% |
| Hoa Phat Group JSC HPG | Basic Materials | 5.07% |
| SSI Securities Corp SSI | Financial Services | 3.58% |
| VIX Securities JSC VIX | Financial Services | 2.83% |
| Sai Gon Thuong Tin Commercial Joint Stock Bank STB | Financial Services | 2.48% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
VNM sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 30.6% |
| Real Estate | 23.0% |
| Consumer Defensive | 16.4% |
| Industrials | 14.7% |
| Basic Materials | 7.0% |
| Consumer Cyclicals | 3.6% |
| Technology | 2.6% |
| Energy | 1.4% |
| Utilities | 0.8% |
By region: Asia Emerging 100.0%.
VNM returns and risk
| Year to date | -12.8% |
|---|---|
| 1 year | -11.9% |
| 3 years (annualised) | +8.2% |
| 5 years (annualised) | -2.0% |
| 10 years (annualised) | +2.5% |
| Volatility (3 years) | 24.0% |
| Sharpe ratio (3 years) | 0.31 |
Past returns do not guarantee future results.
VNM: frequently asked questions
What does VNM invest in?
VanEck Vietnam ETF invests in a portfolio of securities. Its largest holdings are Vinhomes JSC (7.9%), Vingroup JSC (8.1%), Masan Group Corp (6.6%), Masan Consumer Corp (6.4%), Vietnam Dairy Products JSC (5.6%).
What is the VNM expense ratio?
0.67% a year: about $67.00 for every $10,000 invested.
What is the VNM dividend yield?
0.22%. ATLAS does not hold the exact distribution dates for ETFs.
Will VNM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $15.98 to $17.02 from $16.42 today. It is a probability, not a prediction.
How has VNM performed?
Year to date -12.8%, one year -11.9%, three years +8.2% a year, five years -2.0% a year. Past returns do not guarantee future results.
Similar ETFs: Asia-Pacific
Educational information, not investment advice. Disclaimer