Model Portfolios | News | Contact

VNAM

MSCI Vietnam ETF

 

Reasons to Consider VNAM

Long-Term Growth Potential

Vietnam's GDP increased more than 5% in 2023 and is expected to grow at an even faster rate in 2024. From 2025-2028, forecasts call for annual growth of 6.5%.1

Targeted Exposure

The ETF targets exposure to a single country.

Efficient Access

VNAM delivers efficient access to a broad basket of Vietnamese securities.

1Statista, May 2024

Key Information As of 11/22/24

Inception Date 12/07/21
Total Expense Ratio 0.55%
Net Assets $11.47 million
NAV $15.30
Fact Sheet View the document

ETF Summary

The Global X MSCI Vietnam ETF (VNAM) invests across the large and mid cap segments of the Vietnam market.

ETF Objective

The Global X MSCI Vietnam ETF (VNAM) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Vietnam Select 25-50 Index.

Trading Details As of 11/22/24

Ticker VNAM
Bloomberg Index Ticker MXVNAMN
CUSIP 37960A883
ISIN US37960A8835
Primary Exchange NYSE Arca
Shares Outstanding 750,000
Number of Holdings 58
30-Day Median Bid-Ask Spread 0.69%

Distributions As of 11/22/24

30-Day SEC Yield 1.95%
Distribution Frequency Semi-Annually

ETF Prices As of 11/22/24

NAV $15.30 Daily Change -$0.07 -0.46%
Market Price $15.21 Daily Change -$0.08 -0.52%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 1.23% -0.51% 2.09%
Since Inception -13.43% -13.80% -12.72%
1 Year 11.71% 10.72% 12.93%
Since Inception -14.71% -14.95% -14.03%
Year-to-Date 1.59% 0.20% 2.00%
1 Month 1.82% 1.59% 1.85%
3 Months 5.00% 4.60% 5.14%
Since Inception -33.37% -34.17% -31.84%
Year-to-Date -3.91% -4.87% -3.47%
1 Month -5.41% -5.06% -5.37%
3 Months -0.06% -0.38% 0.13%
Since Inception -36.98% -37.50% -35.50%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 11/22/24

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
10.76 HPG VN HOA PHAT GROUP JSC B29CC15 1.03 1,202,014 1,234,022.95
8.34 VHM VN VINHOMES JSC BFZBXH0 1.64 584,500 956,425.28
6.66 VCB VN BANK FOR FOREIGN B622TR5 3.56 214,359 763,911.63
6.19 VNM VN VIET NAM DAIRY P B16GLK5 2.53 280,600 709,695.16
6.10 VIC VN VINGROUP JSC B27Y417 1.59 440,000 700,074.74
6.04 MSN VN MASAN GROUP CORP B59R0P1 2.79 248,220 693,215.59
4.40 SSI VN SSI SECURITIES CORP B1LB8G0 0.96 527,485 505,222.03
2.59 DGC VN DUC GIANG CHEMICALS JSC BP0RTK8 4.17 71,380 297,334.78
2.22 VRE VN VINCOM RETAIL JSC BZ0WW59 0.71 357,400 254,452.27
2.17 VJC VN VIETJET AVIATION JSC BYP2451 4.00 62,300 249,219.60
2.15 KDH VN KHANG DIEN HOUSE B3M16J2 1.28 191,909 246,085.57
2.06 VND VN VNDIRECT SECURITIES CORP B4XXQS3 0.54 438,050 236,057.31
1.75 VIX VN VIX SECURITIES JSC B5N90B9 0.38 524,595 200,568.91
1.75 VCI VN VIETCAP SECURITIES JSC BYVTMH4 1.30 154,282 200,263.78
1.48 SHB VN SHB BANK B3V86Y9 0.40 421,573 169,969.05
1.39 FRT VN FPT DIGITAL RETAIL JSC BFM5DX1 6.81 23,480 159,962.87
1.38 NVL VN NOVALAND INVESTMENT GROUP BYZCMP7 0.43 366,691 158,659.52
1.37 BID VN BANK FOR INVESTM BJ4WY68 1.80 87,449 157,197.01
1.34 KBC VN KINH BAC CITY DE B2B3VJ7 1.06 144,300 153,250.99
1.33 EIB VN VIETNAM EXPORT-I B58P9L5 0.71 215,147 152,328.44
1.21 STB VN SACOMBANK B19HJ45 1.28 108,500 139,343.31
1.15 IDC VN IDICO CORP JSC BFMT742 2.13 61,740 131,625.22
1.07 PDR VN PHAT DAT REAL ES B4V9BD3 0.82 150,813 123,092.07
1.06 VHC VN VINH HOAN CORP B2N7VQ4 2.82 43,080 121,328.25
1.03 PVS VN PETROVIETNAM TEC B2QMMQ3 1.31 89,900 117,754.40
1.01 GEX VN GELEX GROUP JSC BYV0WY4 0.71 163,400 116,011.88
1.01 VPI VN VAN PHU - INVEST BF2RZ53 2.32 49,864 115,524.90
0.98 CTG VN VIETNAM JS COMM B3PL622 1.38 81,989 112,874.76
0.95 KDC VN KIDO GROUP CORP B16GKS6 1.97 55,273 108,706.68
0.93 SAB VN SAIGON BEER ALCO BDSFBV5 2.18 49,200 107,213.15
0.93 SIP VN SAIGON VRG INVESTMENT COR BKBDP80 2.97 35,895 106,599.24
0.87 POW VN PETROVIETNAM POWER CORP BFX2T66 0.45 223,400 100,175.43
0.84 PVD VN PETROVIETNAM DRI B1HMTK8 0.93 103,952 96,293.50
0.82 NAB VN NAM A COMMERCIAL JSB BKSB0V5 0.62 151,300 93,733.04
0.80 DIG VN DEVELOPMENT INVE B3XZ1Y3 0.81 113,980 91,908.51
0.79 HAG VN HAGL JSC B3KLW63 0.46 197,500 90,892.11
0.79 DXG VN DAT XANH GROUP B56QVW5 0.66 137,366 90,774.05
0.74 HSG VN HOA SEN GROUP B3FQWF2 0.74 115,130 85,137.24
0.74 HUT VN TASCO JSC B2QXYW6 0.63 136,100 85,119.38
0.69 TCH VN HOANG HUY INVEST BYQ4467 0.61 129,916 79,207.73
0.68 SHS VN SAIGON - HANOI SECURITIES B5ZWC43 0.51 151,975 77,712.11
0.67 VCG VN VIETNAM CONSTRUC B3D0PX5 0.69 111,757 76,708.48
0.66 FTS VN FPT SECURITIES JSC BZ6T4X6 1.62 46,580 75,578.22
0.66 DCM VN PETRO CA MAU FER BWG92M0 1.49 50,400 75,135.11
0.64 DPM VN PETROVIETNAM FER B291F68 1.40 52,200 72,890.69
0.63 GAS VN PETROVIETNAM GAS JSC B83C9P6 2.72 26,744 72,795.69
0.62 CTR VN VIETTEL CONSTRUC BD3FKG8 4.68 15,300 71,556.07
0.62 PVT VN PETROVIET TRANSP B1LB990 1.07 66,450 71,356.06
0.62 HDG VN HA DO JSC B3PKX17 1.11 64,001 71,117.82
0.58 DGW VN DIGIWORLD CORP BZ03995 1.63 40,586 66,171.96
0.52 PC1 VN PC1 GROUP JSC BYX2RS7 0.88 68,138 59,767.82
0.51 SBT VN THANH THANH CONG B2PXTH7 0.46 126,862 58,882.57
0.51 BWE VN BINH DUONG WATER BF1Y1F7 1.75 33,500 58,769.62
0.49 CEO VN CEO GROUP JSC BN5RL69 0.56 100,770 56,285.02
0.46 SJS VN SONGDA URBAN & I B1CBVZ9 2.44 21,800 53,164.46
0.44 KOS VN KOSY JSC BFF5BT0 1.52 32,900 49,887.70
0.33 NKG VN NAM KIM STEEL JSC B3WZ5F3 0.76 50,000 38,056.09
0.33 PLX VN VIETNAM NATIONAL BYQH5X0 1.54 24,600 37,882.63
0.12 OTHER PAYABLE & RECEIVABLES 1.00 13,576 13,575.50
0.05 CASH 1.00 5,913 5,913.08
0.00 VIETNAMESE DONG 0.00 1 0.00
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 10/31/24

Sector Weight (%)
Real Estate 26.1
Financials 25.8
Consumer Staples 16.4
Materials 15.7
Industrials 9.4
Energy 2.7
Utilities 2.0
Consumer Discretionary 1.3
Information Technology 0.6

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Real Estate Management & Devel 26.1
Food, Beverage & Tobacco 16.4
Materials 15.7
Banks 14.1
Financial Services 11.7
Capital Goods 6.9
Energy 3.0
Transportation 2.2
Utilities 2.0
Consumer Discretionary Distrib 1.3
Technology Hardware & Equipmen 0.6

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 11/22/24

Return on Equity 12.10%
Weighted Avg. Market Cap 4,244 M
2023 2024
Price-to-earnings 14.70 12.36
Price-to-book value 1.55 1.44

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 10/31/24

Versus Beta
S&P 500 0.94
NASDAQ-100 0.76
MSCI EAFE 0.99
MSCI Emg. Mkts 1.13
Standard Deviation 26.80%

Source: new windowAltaVista Research, LLC

ETF Documents

Investing involves risk, including the possible loss of principal. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country may be subject to higher volatility. VNAM is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.