Large-cap Australian equities
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VanEck MidCap ETF (MVE)
MVE $44.28
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 44.28
- Change
- ▲ 0.14 (0.32)
- Bid / Ask
- 44.08 - 45.00
- Volume
- 11,033
- Turnover
- 489,140
- Open
- 44.05
- Day Range
- 44.05 - 44.51
- VWAP
- 44.33
- Prev Close
- 44.14
- Last Trade
- 03/11 3:49pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$356.5M
OCT 2026
Total cost ratio
0.45%
per year
Distributions
Semi-Annually
Since inception
13.1 yrs
OCT 2013
- Legal name
- VanEck S&P/ASX MidCap ETF
- Issuer
- VanEck Investments Limited
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Equity Australia Mid/Small Blend
- Category index
- S&P/ASX Small Ordinaries TR AUD
- Benchmark
- S&P/ASX MidCap 50 TR
- ETF net assets
- $356.5M
- Units on issue
- 11.4M
- Management fee
- 0.45% p.a.
- Domicile
- Australia
- Base currency
- AUD
- ISIN
- AU000000MVE6
- Inception
- 14 OCT 2013
- Listed
- 16 OCT 2013
- Index provider
- Standard and Poors
Objective and strategy
The fund seeks to track the returns of the S&P/ASX MidCap 50 Index (the “S&P/ASX Index”). The S&P/ASX Index is a highly liquid and investable index offering investors a portfolio of 50 companies diversified across industry sectors and will result in the ETF continuing to provide investors with a portfolio of companies outside the S&P/ASX 50.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 2.33%Non-US equity 97.66%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.99 | 99.99 | — |
| Bond | 0.00 | 0.00 | — |
| Cash | 0.01 | 0.01 | — |
| Other | 0.00 | 0.00 | — |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 49.87%Sensitive 29.24%Defensive 20.88%
- Basic Materials
- 22.57%
- Healthcare
- 14.70%
- Financial Services
- 11.04%
- Technology
- 10.17%
- Real Estate
- 10.06%
- Industrials
- 8.00%
- Energy
- 7.16%
- Consumer Cyclical
- 6.20%
- Consumer Defensive
- 4.51%
- Communication Services
- 3.92%
- Utilities
- 1.67%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 98.46%Emerging markets 1.54%
- Australasia
- 91.77%
- United Kingdom
- 4.36%
- North America
- 2.33%
- Asia Emerging
- 1.54%
- Latin America
- 0.00%
- Europe Developed
- 0.00%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Asia Developed
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- Australia
- 89.63%
- United Kingdom
- 4.36%
- United States
- 2.33%
- New Zealand
- 2.14%
- China
- 1.54%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Mid Blend
- Average moat
- Minimal
Size score
169
Small
Mid
Large
Value-growth score
180
Value
Blend
Growth
Economic moat
None 55%Narrow 37%Wide 8%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 0.00%
- Large
- 13.10%
- Mid
- 85.80%
- Small
- 0.00%
- Micro
- 1.10%
Large 13%Mid 86%Micro 1%
- Average market cap
- $8.42B
- Number of holdings
- 51
- Shares held
- 50
Portfolio statistics · 30 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 20.11
- Price / book
- 2.13
- Price / sales
- 1.64
- Price / cash flow
- 11.38
- Dividend yield
- 2.76%
- Assets in top 10
- 29.77%
- Return on equity
- 16.25%
- Net margin
- 19.71%
- Earnings growth (3 yr)
- 11.22%
Top holdings · top 10 = 29.53% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Orica Ltd ORI | 3.36 | JUN 2021 | 16.7M | AUD | 713,101 | Basic Materials | Australia | |
| Ramsay Health Care Ltd RHC | 3.25 | MAR 2025 | 16.2M | AUD | 291,184 | Healthcare | Australia | |
| Ampol Ltd ALD | 3.25 | SEP 2021 | 16.2M | AUD | 366,597 | Energy | Australia | |
| Sandfire Resources Ltd SFR | 3.15 | SEP 2024 | 15.7M | AUD | 718,362 | Basic Materials | Australia | |
| Vicinity Centres VCX | 2.87 | DEC 2020 | 14.3M | AUD | 6.1M | Real Estate | Australia | |
| Cochlear Ltd COH | 2.82 | SEP 2026 | 14.0M | AUD | 100,608 | Healthcare | Australia | |
| Pro Medicus Ltd PME | 2.80 | JUN 2026 | 14.0M | AUD | 85,178 | Healthcare | Australia | |
| Charter Hall Group CHC | 2.75 | OCT 2019 | 13.7M | AUD | 727,645 | Real Estate | Australia | |
| Perseus Mining Ltd PRU | 2.65 | JUN 2025 | 13.2M | AUD | 2.0M | Basic Materials | Australia | |
| Genesis Minerals Ltd GMD | 2.61 | SEP 2025 | 13.0M | AUD | 1.8M | Basic Materials | Australia |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-6.2
3M
3.2
6M
10.6
YTD
2.7
1Y
3.2
3Y
13.5
5Y
5.7
10Y
8.5
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -6.24 | -6.10 | -6.20 | 62 / 129 |
| 3 months | 3.19 | 3.11 | 3.30 | 23 / 129 |
| 6 months | 10.55 | 10.44 | 10.80 | 32 / 125 |
| Year to date | 2.69 | 3.01 | 3.04 | 14 / 125 |
| 1 year | 3.16 | 3.40 | 3.63 | 25 / 125 |
| 3 years p.a. | 13.52 | 13.49 | 14.03 | 45 / 111 |
| 5 years p.a. | 5.71 | 5.81 | 6.19 | 21 / 98 |
| 10 years p.a. | 8.48 | 8.47 | 8.97 | 23 / 61 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2016
51.6
2017
19.6
2018
-7.3
2019
19.9
2020
17.0
2021
20.8
2022
-8.2
2023
10.5
2024
11.3
2025
18.8
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 18.84 | 14.41 | 61 / 140 |
| 2024 | 11.30 | 9.00 | 54 / 139 |
| 2023 | 10.51 | 3.88 | 67 / 121 |
| 2022 | -8.22 | -9.22 | 7 / 115 |
| 2021 | 20.81 | 18.82 | 47 / 113 |
| 2020 | 16.98 | 13.39 | 45 / 100 |
| 2019 | 19.86 | 17.33 | 64 / 92 |
| 2018 | -7.27 | -10.17 | 45 / 86 |
| 2017 | 19.57 | 19.04 | 22 / 79 |
| 2016 | 51.60 | 42.89 | 1 / 81 |
| 2015 | -18.22 | -20.52 | — |
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY17
19.9
FY18
13.8
FY19
3.2
FY20
0.0
FY21
34.9
FY22
-9.1
FY23
17.4
FY24
6.0
FY25
15.9
FY26
5.5
| Financial year | Total % |
|---|---|
| Financial year to date | 2.76 |
| Year to 30 JUN 2026 | 5.54 |
| Year to 30 JUN 2025 | 15.90 |
| Year to 30 JUN 2024 | 6.02 |
| Year to 30 JUN 2023 | 17.43 |
| Year to 30 JUN 2022 | -9.06 |
| Year to 30 JUN 2021 | 34.92 |
| Year to 30 JUN 2020 | -0.02 |
| Year to 30 JUN 2019 | 3.21 |
| Year to 30 JUN 2018 | 13.83 |
| Year to 30 JUN 2017 | 19.87 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 2.99 | 1.44 | 4.06 | 3.71 |
| Beta | 0.79 | 0.84 | 0.85 | 0.88 |
| R-squared | 76.36 | 73.87 | 82.80 | 84.14 |
| Standard deviation | 21.01 | 19.91 | 22.54 | 22.37 |
| Sharpe ratio | -0.32 | 0.56 | 0.32 | 0.55 |
| Sortino ratio | -0.51 | 0.69 | 0.28 | 0.63 |
| Tracking error | 7.10 | 7.32 | 6.84 | 6.78 |
| Information ratio | 0.74 | 0.04 | 0.63 | 0.50 |
| Upside capture % | 64.41 | 84.75 | 96.72 | 95.61 |
| Downside capture % | 53.28 | 73.57 | 77.31 | 77.42 |
| Maximum drawdown % | -10.58 | -10.58 | -16.89 | -30.32 |
Measured against S&P/ASX Small Ordinaries TR AUD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
103.7
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 0.018
- Est. holding cost %
- 0.490
- Market impact cost %
- 0.165
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.45% p.a.
- Performance fee costs
- 0.00% p.a.
- Transaction costs
- 0.00% p.a.
- Total cost ratio
- 0.45% p.a.
- Total cost ratio (last FY)
- 0.45% p.a.
- Performance fee
- Yes
- PDS dated
- 9 JUN 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.6300
- Ex Date
- 1 JUL 2026
- Record Date
- 2 JUL 2026
- Pay Date
- 27 JUL 2026
- NAV at ex date
- 42.78
- Paid this year
- 1.1600
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
1.3
2023
1.1
2022
1.2
2021
1.0
2020
0.6
2019
0.9
2018
1.0
2017
0.7
2016
0.6
2015
1.0
| Year | Per unit ($) |
|---|---|
| 2024 | 1.3400 |
| 2023 | 1.0500 |
| 2022 | 1.2000 |
| 2021 | 0.9800 |
| 2020 | 0.6200 |
| 2019 | 0.8600 |
| 2018 | 0.9600 |
| 2017 | 0.6500 |
| 2016 | 0.5601 |
| 2015 | 0.9804 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 1 JUL 2026 | 0.6300 |
| 2 JAN 2026 | 0.5300 |
| 1 JUL 2025 | 0.6300 |
| 2 JAN 2025 | 0.7100 |
| 1 JUL 2024 | 0.4600 |
| 2 JAN 2024 | 0.5900 |
| 3 JUL 2023 | 0.6800 |
| 3 JAN 2023 | 0.5200 |
| 1 JUL 2022 | 0.5400 |
| 4 JAN 2022 | 0.4400 |
| 1 JUL 2021 | 0.2900 |
| 4 JAN 2021 | 0.3300 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Below Average
ESG risk score
25.50
Negligible
Low
Medium
High
Severe
Category average 22.16
- Rank in category
- 90th percentile of 540 funds
- Environmental risk
- 10.19
- Social risk
- 9.93
- Governance risk
- 4.70
- Portfolio covered
- 98.2%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 2.51%
- Low
- 34.45%
- Medium
- 31.66%
- High
- 22.18%
- Severe
- 9.20%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
13.43
Low
Medium
High
Severe
Category average 12.26
- Carbon risk
- Medium Risk
- Rank in category
- 55th percentile of 70 funds
- Fossil fuel involvement
- 12.35%
- Category average
- 5.77%
- Low Carbon Designation
- No
- Portfolio covered
- 100.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Russel Chesler
- Jamie Hannah
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 13.0 years
- Longest tenure
- 13.0 years
- Longest serving
- Russel Chesler, Jamie Hannah · since 14 OCT 2013
- Most recent appointment
- Russel Chesler, Jamie Hannah · since 14 OCT 2013
- Managed since
- 14 OCT 2013
- Other funds managed
- 49
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
No announcements stored for this company yet.
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