VanEck Vietnam ETF (VNM) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.13: the stock has moved about 13% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerVanEck Vietnam ETF (VNM) trades at $16.72. VanEck Vietnam ETF (VNM) aims to replicate the performance of the MarketVector Vietnam Local Index, focusing on Vietnamese companies. The ETF provides investors with exposure to the Vietnamese equity market. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for VNM: VNM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
VanEck Vietnam ETF (VNM) Financial Services Profile
VanEck Vietnam ETF (VNM) offers investors targeted exposure to the Vietnamese equity market by mirroring the MarketVector Vietnam Local Index. The fund focuses on publicly traded companies incorporated in Vietnam, providing a vehicle for investors seeking to participate in the growth of the Vietnamese economy.
What Is the Investment Thesis for VNM?
VanEck Vietnam ETF (VNM) presents a focused investment opportunity in the Vietnamese equity market. With a beta of 1.13, VNM exhibits slightly higher volatility compared to the broader market. The ETF's value is intrinsically linked to the performance of the MarketVector Vietnam Local Index (MVVNMLTR), making it crucial to monitor the economic growth and corporate earnings within Vietnam. Potential catalysts include continued economic reforms, increased foreign direct investment, and rising consumer spending in Vietnam. However, investors should be aware of potential risks such as currency fluctuations, regulatory changes, and geopolitical factors that could impact the Vietnamese market. While VNM does not offer a dividend yield, the potential for capital appreciation through exposure to a growing economy may appeal to certain investors.
Based on FMP financials and quantitative analysis
VNM Key Highlights
Market Cap of $0.65B indicates the fund's size and potential liquidity.
- Beta of 1.13 suggests the fund is slightly more volatile than the overall market.
- The fund aims to replicate the MarketVector Vietnam Local Index, providing targeted exposure to Vietnamese equities.
- Absence of dividend yield may be a consideration for income-focused investors.
- Performance is closely tied to the economic growth and corporate earnings within Vietnam.
Who Are VNM's Competitors?
VNM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| EBI Longview Advantage ETF | $66.63 | +0.60% | $659M | — |
| HCMT Direxion HCM Tactical Enhanced US ETF | $44.08 | +1.21% | $699M | — |
| IHE iShares U.S. Pharmaceuticals ETF | $98.67 | +0.02% | $1.12B | — |
| IMFL Invesco International Developed Dynamic Multifactor ETF | $33.48 | -0.28% | $1.03B | — |
| JVAL JPMorgan U.S. Value Factor ETF | $58.98 | +0.49% | $835M | — |
| BLK BlackRock, Inc. | $1060.62 | +0.09% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $112.52 | +0.69% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.54 | -0.20% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are VNM's Key Strengths?
Focused exposure to the Vietnamese equity market.
- Replicates a well-known and established index.
- Offers a cost-effective way to access Vietnam.
- Transparent and rules-based investment approach.
What Are VNM's Weaknesses?
Concentrated exposure to a single emerging market.
- Subject to currency risk and political instability in Vietnam.
- Performance is highly dependent on the Vietnamese economy.
- No dividend yield may deter income-focused investors.
What Are the Key Risks for VNM?
Currency fluctuations and devaluation of the Vietnamese Dong.
- Political instability or changes in government policy.
- Economic slowdown or recession in Vietnam.
- Geopolitical risks and regional tensions.
- Regulatory and legal risks associated with investing in Vietnam.
What Threats Does VNM Face?
- Economic slowdown or recession in Vietnam.
- Political instability or regulatory changes in Vietnam.
- Increased competition from other emerging market ETFs.
- Currency devaluation or capital controls in Vietnam.
What Are VNM's Competitive Advantages?
- Established track record as one of the leading ETFs focused on Vietnam.
- Brand recognition and reputation within the ETF market.
- Economies of scale in managing a focused portfolio of Vietnamese equities.
What Does VNM Do?
VanEck Vietnam ETF (VNM) is designed to provide investment results that closely correspond to the price and yield performance of the MarketVector Vietnam Local Index (MVVNMLTR). This index tracks the performance of locally incorporated, publicly traded companies in Vietnam. The ETF offers a focused approach to investing in the Vietnamese equity market, allowing investors to gain exposure to a specific segment of the global economy. By replicating the index, VNM aims to capture the returns of Vietnamese companies, reflecting the economic growth and development of the country. The fund's investment strategy involves holding a portfolio of stocks that mirror the composition of the underlying index, with adjustments made to reflect changes in the index. This passive management approach seeks to minimize tracking error and provide investors with a transparent and cost-effective way to access the Vietnamese market. The ETF's performance is influenced by factors such as the overall economic conditions in Vietnam, the performance of individual companies within the index, and currency exchange rates. VNM is subject to market risk, including the risk of declines in the value of Vietnamese equities.
What Products and Services Does VNM Offer?
- Replicates the MarketVector Vietnam Local Index.
- Invests in publicly traded companies incorporated in Vietnam.
- Provides investors with exposure to the Vietnamese equity market.
- Offers a focused approach to investing in a specific emerging market.
- Seeks to minimize tracking error relative to the underlying index.
- Offers a cost-effective way to access the Vietnamese market.
How Does VNM Make Money?
- Generates revenue through management fees charged to investors.
- Aims to track the performance of the MarketVector Vietnam Local Index.
- Rebalances its portfolio to maintain alignment with the index.
What Industry Does VNM Operate In?
The asset management industry is characterized by a diverse range of investment vehicles, including ETFs, mutual funds, and hedge funds. VanEck Vietnam ETF (VNM) operates within this industry by offering a specialized investment product focused on the Vietnamese equity market. The ETF competes with other funds that provide exposure to emerging markets or specific regions. The growth of the asset management industry is driven by factors such as increasing global wealth, rising demand for investment products, and technological advancements. VNM's success depends on its ability to attract investors seeking targeted exposure to Vietnam and its ability to effectively track the performance of the underlying index.
Who Are VNM's Key Customers?
- Individual investors seeking exposure to the Vietnamese equity market.
- Institutional investors looking to diversify their portfolios with emerging market assets.
- Financial advisors seeking to provide their clients with access to Vietnam.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 44 |
| 2026-08-31 | 44 |
| 2026-09-08 | 44 |
| 2026-09-16 | 44 |
| 2026-09-24 | 44 |
| 2026-10-04 | 44 |
What changed?
The score has stayed at 44.
Over the same 30 days the stock moved -6.6%.
VNM Financials
Bull Case vs Bear Case
Bull Case
- Focused exposure to the Vietnamese equity market.
- Replicates a well-known and established index.
- Offers a cost-effective way to access Vietnam.
- Transparent and rules-based investment approach.
Bear Case
- Concentrated exposure to a single emerging market.
- Subject to currency risk and political instability in Vietnam.
- Performance is highly dependent on the Vietnamese economy.
- No dividend yield may deter income-focused investors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
VNM Latest News
No recent news available for VNM.
VNM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for VNM.
Price Targets
Wall Street price target analysis for VNM.
VNM MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for VNM; grades run from A+ (80-100) to F (below 30).
VanEck Vietnam ETF Financials Stock: Key Questions Answered
What are the main risks for VNM?
The main risks for VanEck Vietnam ETF (VNM) include currency risk, political risk, economic risk, and regulatory risk. Currency risk arises from fluctuations in the value of the Vietnamese Dong relative to the US dollar, which can impact the ETF's returns.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on available data and is subject to change.
- Investment decisions should be made based on individual circumstances and risk tolerance.