Key Highlights

  • The VanEck Australian Equal Weight ETF (ASX:MVW) gives access to the largest and most liquid ASX-listed companies at equal weights.
  • The fund holds 76 companies, with the ten largest accounting for 15.52% of the portfolio.
  • The fund size was $3.47 billion, and the Turnover ratio is recorded at 35.80%.
  • Units were priced at $40.82, up 0.31% on the trading day.

The VanEck Australian Equal Weight ETF (ASX:MVW) provides exposure to a portfolio of the largest and most liquid companies listed on the Australian Securities Exchange, with each holding carrying equal weight. As of 11 November 2026, the units were priced at $40.82, rising 13 cents or 0.31% on the day, and the fund size was $3.47 billion. The fund holds 76 companies and was admitted to the ASX on 06 March 2014. The fund's equal weight construction and its focus on liquid large companies define its profile, and the holdings are periodically adjusted to keep each position at its target weight.

Ticker

ASX:MVW

Category

Equity Australia Large Blend

Benchmark

MVIS Australia Equal Weight GR AUD

Admitted to ASX

06 March 2014

Last price

$40.82 (+0.31%)

Fund size

$3.47 billion

Total holdings

76 companies

Top 10 holdings share

15.52%

Turnover ratio

35.80%

Equal Weighting Method

The fund's portfolio is built from the largest and most liquid listed companies, all equally weighted. Equal weighting assigns each holding the same starting proportion of the portfolio, rather than sizing positions by market capitalisation.

Because weights are not driven by company size, each holding has the same starting proportion. The approach also provides Diversification across companies and sectors, as stated in the fund's objective.

The benchmark is the MVIS Australia Equal Weight Total Return index in Australian dollars, which sets out the rules for the equal weight construction.

Liquidity refers to how easily shares can be bought and sold without moving the price significantly. The fund's selection of the most liquid ASX companies is intended to support the portfolio's trading efficiency.

Portfolio Profile

The fund holds 76 companies. The ten largest positions account for 15.52% of the fund, while the remaining 84.48% is spread across the other holdings. This pattern follows directly from the equal weight design.

The turnover ratio of 35.80% reflects the trading needed to restore equal weights and to align the portfolio with index changes. The fund is categorised as Equity Australia Large Blend.

Equal weighting requires periodic Rebalancing to restore each holding to its target proportion as share prices move. The turnover ratio of 35.80% reflects this rebalancing activity in the period reported.

Listing and Trading

The fund was admitted to the ASX on 06 March 2014 . On the trading day, the units recorded a Volume of 100,251 and were quoted within a bid-offer range of $40.83 to $40.90.

The fund's distribution pattern and disclosures are published in its regular reports, which set out the holdings and turnover in each period.

Diversification across both companies and sectors is stated as a feature of the objective. The spread across 76 holdings is the mechanism through which the fund pursues that aim.

Final Word

The fund applies equal weighting to a group of large and liquid Australian companies, with a holdings count of 76 and a turnover profile that reflects its rebalancing needs. Its benchmark and fund size set out the reference points for readers reviewing the product. The equal weight design, Liquidity focus and portfolio size give readers a clear set of factual reference points, and the regular reports will show how the holdings and weights develop.