VNAM


MSCI Vietnam ETF

Reasons to Consider VNAM

Long-Term Growth Potential

Vietnam’s GDP grew at a rate exceeding 6% in 2022. It is expected to continue strong annual rates of more than 6.5% growth in 2023-2027.1

Targeted Exposure

The ETF targets exposure to a single country.

Efficient Access

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

1Statista, Jun 2022

Key Information As of 05/26/23

Inception Date 12/07/21
Total Expense Ratio 0.50%
Net Assets $4.83 million
NAV $15.58
Fact Sheet

ETF Summary

The Global X MSCI Vietnam ETF (VNAM) invests across the large, mid, and small 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 IMI Select 25/50 Index.

Trading Details As of 05/25/23

Ticker VNAM
Bloomberg Index Ticker MXVNAMN
CUSIP 37960A883
ISIN US37960A8835
Primary Exchange NYSE Arca
Shares Outstanding 310,000
Number of Holdings 58
30-Day Median Bid-Ask Spread 0.72%

Distributions As of 05/26/23

30-Day SEC Yield 2.72%
Distribution Frequency Semi-Annually

ETF Prices As of 05/26/23

NAV $15.58 Daily Change -$0.01 -0.06%
Market Price $15.64 Daily Change $0.05 0.32%

Performance History

As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -38.20% -36.63% -37.86%
Since Inception -31.41% -30.98% -31.04%
1 Year -31.91% -30.81% -31.52%
Since Inception -30.26% -30.10% -29.86%
Year-to-Date 4.81% 5.69% 4.92%
1 Month 6.77% 6.85% 6.82%
3 Months 4.81% 5.69% 4.92%
Since Inception -39.03% -38.52% -38.59%
Year-to-Date 4.00% 4.34% 4.19%
1 Month -0.78% -1.28% -0.70%
3 Months -6.52% -7.57% -6.36%
Since Inception -39.51% -39.31% -39.02%

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 05/26/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.30 HPG VN HOA PHAT GROUP JSC B29CC15 0.90 499,740 449,218.85
9.18 VHM VN VINHOMES JSC BFZBXH0 2.34 189,100 443,083.54
7.63 VIC VN VINGROUP JSC B27Y417 2.22 166,200 368,184.72
7.58 VNM VN VIET NAM DAIRY P B16GLK5 2.86 128,000 365,901.25
5.50 MSN VN MASAN GROUP CORP B59R0P1 3.07 86,520 265,387.47
4.43 VCB VN BANK FOR FOREIGN B622TR5 3.92 54,575 213,901.08
3.84 VRE VN VINCOM RETAIL JSC BZ0WW59 1.18 157,000 185,272.44
3.80 SSI VN SSI SECURITIES CORP B1LB8G0 0.96 191,150 183,633.64
2.81 VJC VN VIETJET AVIATION JSC BYP2451 4.18 32,500 135,826.27
2.17 VND VN VNDIRECT SECURITIES CORP B4XXQS3 0.68 154,240 104,806.71
1.75 BID VN BANK FOR INVESTM BJ4WY68 1.85 45,776 84,636.75
1.69 KDC VN KIDO GROUP CORP B16GKS6 2.73 29,900 81,650.83
1.65 STB VN SACOMBANK B19HJ45 1.16 68,900 79,839.82
1.65 KDH VN KHANG DIEN HOUSE B3M16J2 1.27 62,660 79,549.61
1.57 SHB VN SHB BANK B3V86Y9 0.49 154,045 75,798.57
1.56 PVS VN PETROVIETNAM TEC B2QMMQ3 1.29 58,400 75,385.34
1.54 SAB VN SAIGON BEER ALCO BDSFBV5 6.62 11,200 74,195.88
1.50 VCI VN VIETCAP SECURITIES JSC BYVTMH4 1.45 50,040 72,481.57
1.48 KBC VN KINH BAC CITY DE B2B3VJ7 1.15 62,200 71,546.03
1.43 PVD VN PETROVIETNAM DRI B1HMTK8 1.02 68,152 69,246.59
1.36 DGC VN DUC GIANG CHEMICALS JSC BP0RTK8 2.14 30,680 65,743.79
1.34 NVL VN NO VA LAND INVES BYZCMP7 0.55 117,091 64,598.83
1.33 POW VN PETROVIETNAM POWER CORP BFX2T66 0.58 110,900 64,254.25
1.22 VPI VN VAN PHU - INVEST BF2RZ53 2.28 25,720 58,730.97
1.20 CTG VN VIETNAM JS COMM B3PL622 1.18 49,100 58,151.07
1.18 GAS VN PETROVIETNAM GAS JSC B83C9P6 3.99 14,300 57,083.03
1.17 GEX VN GELEX GROUP JSC BYV0WY4 0.64 88,100 56,298.73
1.11 VHC VN VINH HOAN CORP B2N7VQ4 2.45 21,900 53,646.74
1.08 EIB VN VIETNAM EXPORT-I B58P9L5 0.83 62,500 52,054.49
1.05 SBT VN THANH THANH CONG B2PXTH7 0.67 75,257 50,656.52
0.96 IDC VN IDICO CORP JSC BFMT742 1.76 26,340 46,344.40
0.96 NT2 VN PETROVIETNAM NHO B3LNGB1 1.40 32,900 46,112.98
0.95 DPM VN PETROVIETNAM FER B291F68 1.34 34,000 45,626.89
0.89 THD VN THAIHOLDINGS JSC BMWT718 1.70 25,200 42,835.60
0.86 DIG VN DEVELOPMENT INVE B3XZ1Y3 0.89 46,980 41,630.13
0.82 HSG VN HOA SEN GROUP B3FQWF2 0.65 60,520 39,576.62
0.76 NLG VN NAM LONG INVESTMENT CORP B9FCRR9 1.35 27,200 36,849.15
0.74 BVH VN BAO VIET HOLDINGS B61NT57 1.86 19,300 35,807.74
0.65 PDR VN PHAT DAT REAL ES B4V9BD3 0.57 55,289 31,562.76
0.61 DXG VN DAT XANH GROUP B56QVW5 0.62 47,700 29,364.16
0.61 TCH VN HOANG HUY INVEST BYQ4467 0.37 78,316 29,360.58
0.60 SHS VN SAIGON - HANOI SECURITIES B5ZWC43 0.47 60,775 28,739.51
0.59 VCG VN VIETNAM CONSTRUC B3D0PX5 0.88 32,310 28,561.86
0.58 HDG VN HA DO JSC B3PKX17 1.48 19,008 28,139.91
0.58 PHR VN PHUOC HOA RUBBER JSC B43VC90 1.96 14,200 27,827.72
0.57 PLX VN VIETNAM NATIONAL BYQH5X0 1.60 17,000 27,267.50
0.51 PC1 VN PC1 GROUP JSC BYX2RS7 1.24 19,945 24,726.26
0.47 PPC VN PHA LAI THERMAL POWER JSC B1CH6Z2 0.65 34,400 22,495.63
0.46 FRT VN FPT DIGITAL RETAIL JSC BFM5DX1 2.68 8,300 22,276.66
0.43 DCM VN PETRO CA MAU FER BWG92M0 1.01 20,600 20,711.46
0.41 BWE VN BINH DUONG WATER BF1Y1F7 1.92 10,300 19,746.09
0.40 HUT VN TASCO JSC B2QXYW6 0.76 25,600 19,522.00
0.37 DGW VN DIGIWORLD CORP BZ03995 1.41 12,520 17,654.84
0.34 CTR VN VIETTEL CONSTRUC BD3FKG8 2.98 5,469 16,286.08
0.28 HAG VN HAGL JSC B3KLW63 0.33 41,500 13,737.27
0.21 SSB VN SOUTHEAST ASIA C BMXLWV8 1.28 7,800 9,985.52
0.12 SJS VN SONGDA URBAN & I B1CBVZ9 1.90 3,100 5,876.97
0.12 KOS VN KOSY JSC BFF5BT0 1.64 3,500 5,740.64
0.06 CASH 1.00 2,769 2,768.66
0.02 VIETNAMESE DONG 0.00 22,079,144 940.62
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

Sector Weight (%)
Real Estate 27.2
Financials 21.3
Consumer Staples 19.8
Materials 14.0
Industrials 7.6
Utilities 4.3
Energy 2.6
Consumer Discretionary 2.2
Information Technology 1.0

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/23

Return on Equity 9.90%
Weighted Avg. Market Cap 4,328 M
2022 2023
Price-to-earnings 16.71 16.55
Price-to-book value 1.69 1.60

Source: AltaVista Research, LLC

ETF Risk Stats As of 04/30/23

Versus Beta
S&P 500 0.60
NASDAQ-100 0.55
MSCI EAFE 0.74
MSCI Emg. Mkts 1.00
Standard Deviation 27.70%

Source: AltaVista Research, LLC

ETF Research

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.

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