Key stats
About Global X MSCI Vietnam ETF
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Inception date
Dec 7, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A8835
VNAM seeks to track an index of equities economically tied to Vietnam. The rules-based methodology considers companies meeting minimum market-cap and trading requirements. Securities should have a market cap greater than or equal to the 85th percentile of listed frontier market securities, tilting the portfolio to hold large- and mid-cap companies. The fund selects 57 securities that are weighted based on their free-float market cap. These weights are then adjusted using a liquidity discount factor, which proportionally lessens weights for companies with less liquidity. The largest company is limited to 25% of the fund, and an aggregate of 50% weight for all issuers that exceed 5%. The index is reviewed quarterly in February, May, August, and November. Rebalancing is done semi-annually, coinciding with May and November review. Prior to Dec. 1, 2023, the fund tracked MSCI Vietnam IMI Select 25/50 Index.
Related funds
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
VNAM trades at 21.99 USD today, its price has fallen −2.87% in the past 24 hours. Track more dynamics on VNAM price chart.
VNAM net asset value is 22.38 today — it's risen 7.80% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
VNAM assets under management is 20.11 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
VNAM price has risen by 2.47% over the last month, and its yearly performance shows a 33.76% increase. See more dynamics on VNAM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.80% over the last month, showed a 32.11% increase in three-month performance and has increased by 37.35% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.80% over the last month, showed a 32.11% increase in three-month performance and has increased by 37.35% in a year.
VNAM fund flows account for 2.30 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
VNAM invests in stocks. See more details in our Analysis section.
VNAM expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, VNAM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, VNAM technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VNAM shows the buy signal. See more of VNAM technicals for a more comprehensive analysis.
Today, VNAM technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating VNAM shows the buy signal. See more of VNAM technicals for a more comprehensive analysis.
Yes, VNAM pays dividends to its holders with the dividend yield of 0.79%.
VNAM trades at a premium (1.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
VNAM shares are issued by Mirae Asset Global Investments Co., Ltd.
VNAM follows the MSCI Vietnam Select 25/50 Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 7, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.