Vaneck Vietnam Etf Profile
VNM Etf | USD 13.89 0.06 0.43% |
Performance11 of 100
| Odds Of DistressLess than 9
|
VanEck Vietnam is selling at 13.89 as of the 29th of March 2024; that is 0.43% increase since the beginning of the trading day. The etf's lowest day price was 13.82. VanEck Vietnam has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for VanEck Vietnam ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Vietnam is traded on BATS Exchange in the United States. More on VanEck Vietnam ETF
Moving together with VanEck Etf
0.8 | BBCA | JPMorgan BetaBuilders | PairCorr |
0.79 | EWC | IShares MSCI Canada | PairCorr |
0.71 | EWU | IShares MSCI United | PairCorr |
0.75 | EWY | IShares MSCI South | PairCorr |
0.87 | EWG | IShares MSCI Germany | PairCorr |
Moving against VanEck Etf
0.9 | BITI | ProShares Trust - | PairCorr |
VanEck Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VanEck Vietnam's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck Vietnam or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) |
Old Names | [Varian Medical Systems Inc, Varian Medical Systems Inc, Varian Medical Systems Inc, Varian Medical Systems Inc, Vaneck Vectors Vietnam Etf] |
Business Concentration | Strategy ETFs, Broad Equity ETFs, Miscellaneous Region, VanEck (View all Sectors) |
Issuer | Van Eck |
Inception Date | 2009-08-11 |
Benchmark | MarketVector Vietnam Local Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 559.87 Million |
Average Trading Valume | 375,443.5 |
Asset Type | Equity |
Category | Broad Equity |
Focus | Strategy |
Market Concentration | Frontier Markets |
Region | Asia-Pacific |
Administrator | Van Eck Associates Corporation |
Advisor | Van Eck Associates Corporation |
Custodian | State Street Bank and Trust Company |
Distributor | Van Eck Securities Corporation |
Portfolio Manager | Peter Liao, Guo Hua Jin |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Dec |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 47.0 |
Market Maker | Virtu Financial |
Total Expense | 0.59 |
Management Fee | 0.5 |
Country Name | USA |
Returns Y T D | 7.04 |
Name | VanEck Vietnam ETF |
Currency Code | USD |
Open Figi | BBG000NWYK65 |
In Threey Volatility | 25.66 |
1y Volatility | 28.72 |
200 Day M A | 13.5802 |
50 Day M A | 13.24 |
Code | VNM |
Updated At | 28th of March 2024 |
Currency Name | US Dollar |
VanEck Vietnam ETF [VNM] is traded in USA and was established 2009-08-11. The fund is classified under Miscellaneous Region category within VanEck family. The entity is thematically classified as Strategy ETFs. VanEck Vietnam ETF at this time have 320.31 M in net assets. , while the total return for the last 3 years was -6.0%.
Check VanEck Vietnam Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Vietnam ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Vietnam ETF Currency Exposure
VanEck Vietnam ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Vietnam will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Vietnam ETF.
Top VanEck Vietnam ETF Etf Constituents
HSG | Hoasen Group | Stock | VN Stock |
HDG | Ha Do Group | Stock | Real Estate Operations |
SBT | Thanh Thanh Cong | Stock | Food Products |
DXG | Dat Xanh Real | Stock | VN Stock |
VIC | Vingroup JSC | Stock | Real Estate Operations |
DGC | Ducgiang Chemicals Detergent | Stock | Chemicals |
VRE | Vincom Retail JSC | Stock | Real Estate Operations |
VanEck Vietnam Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of VanEck Vietnam jumping above the current price in 90 days from now is about 1.71%. The VanEck Vietnam ETF probability density function shows the probability of VanEck Vietnam etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon VanEck Vietnam has a beta of 0.588. This entails as returns on the market go up, VanEck Vietnam average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Vietnam ETF will be expected to be much smaller as well. Additionally, vanEck Vietnam ETF has an alpha of 0.0698, implying that it can generate a 0.0698 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of VanEck Vietnam to move above the current price in 90 days from now is about 1.71 (This VanEck Vietnam ETF probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck Vietnam Top Holders
WCMDX | Wcm Sustainable Developing | Mutual Fund | Diversified Emerging Mkts |
MSFEX | Frontier Markets Portfolio | Mutual Fund | Diversified Emerging Mkts |
MFMLX | Frontier Markets Portfolio | Mutual Fund | Diversified Emerging Mkts |
MFMPX | Frontier Markets Portfolio | Mutual Fund | Diversified Emerging Mkts |
VNM | VanEck Vietnam ETF | Etf | Miscellaneous Region |
00885 | Fubon FTSE Vietnam | Etf | TW Etf |
MSRFX | Frontier Markets Portfolio | Mutual Fund | Diversified Emerging Mkts |
VanEck Vietnam ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck Vietnam market risk premium is the additional return an investor will receive from holding VanEck Vietnam long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Vietnam. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although VanEck Vietnam's alpha and beta are two of the key measurements used to evaluate VanEck Vietnam's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.0854 | |||
Jensen Alpha | 0.0698 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | 0.0174 |
VanEck Vietnam Against Markets
Picking the right benchmark for VanEck Vietnam etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VanEck Vietnam etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VanEck Vietnam is critical whether you are bullish or bearish towards VanEck Vietnam ETF at a given time. Please also check how VanEck Vietnam's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in VanEck Vietnam without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy VanEck Etf?
Before investing in VanEck Vietnam, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VanEck Vietnam. To buy VanEck Vietnam etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck Vietnam. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VanEck Vietnam etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck Vietnam ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VanEck Vietnam ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VanEck Vietnam ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VanEck Etf please use our How to Invest in VanEck Vietnam guide.
Already Invested in VanEck Vietnam ETF?
The danger of trading VanEck Vietnam ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VanEck Vietnam is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VanEck Vietnam. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck Vietnam ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VanEck Vietnam ETF is a strong investment it is important to analyze VanEck Vietnam's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Vietnam's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Vietnam ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running VanEck Vietnam's price analysis, check to measure VanEck Vietnam's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VanEck Vietnam is operating at the current time. Most of VanEck Vietnam's value examination focuses on studying past and present price action to predict the probability of VanEck Vietnam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VanEck Vietnam's price. Additionally, you may evaluate how the addition of VanEck Vietnam to your portfolios can decrease your overall portfolio volatility.
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The market value of VanEck Vietnam ETF is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Vietnam's value that differs from its market value or its book value, called intrinsic value, which is VanEck Vietnam's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Vietnam's market value can be influenced by many factors that don't directly affect VanEck Vietnam's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Vietnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vietnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Vietnam's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.