VNAM


MSCI Vietnam ETF

Reasons to Consider VNAM

Long-Term Growth Potential

Vietnam’s GDP grew at a rate exceeding 7% in both 2018 and 2019. Though interrupted by the pandemic, it is expected to resume annual rates of more than 6% growth in 2022-2025.1

Targeted Exposure

The Fund targets exposure to a single country.

Efficient Access

Efficient access to a broad basket of Vietnamese securities.

1Statista, Oct 2021

Key Information As of 05/26/22

Inception Date 12/07/21
Total Expense Ratio 0.50%
Net Assets $6.39 million
NAV $20.60
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 05/26/22

Ticker VNAM
Bloomberg Index Ticker MXVNAMN
CUSIP 37960A883
ISIN US37960A8835
Primary Exchange NYSE Arca
Shares Outstanding 310,000
Number of Holdings 57
30-Day Median Bid-Ask Spread 0.70%

Distributions As of 05/26/22

30-Day SEC Yield 1.18%
Distribution Frequency Semi-Annually

ETF Prices As of 05/26/22

NAV $20.60 Daily Change $0.00 0.00%
Market Price $20.77 Daily Change $0.06 0.27%

Performance History

As of recent
(03/31/22)
Fund NAV Market Price Index
Year-to-Date -5.43% -6.86% -5.27%
1 Month -0.47% -2.97% -0.41%
3 Months -5.43% -6.86% -5.27%
Since Inception -1.35% -2.99% -1.18%
Year-to-Date -14.83% -15.79% -14.65%
1 Month -9.94% -9.58% -9.90%
3 Months -9.43% -11.82% -9.28%
Since Inception -11.16% -12.29% -10.96%

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 of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 05/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.78 HPG VN HOA PHAT GROUP JSC B29CC15 1.51 414,300 624,752.26
8.99 VHM VN VINHOMES JSC BFZBXH0 2.96 193,900 573,930.63
8.87 VIC VN VINGROUP JSC B27Y417 3.35 169,200 566,429.99
6.77 VNM VN VIET NAM DAIRY P B16GLK5 3.07 140,800 432,530.81
6.47 MSN VN MASAN GROUP CORP B59R0P1 4.68 88,320 413,250.84
5.45 NVL VN NO VA LAND INVES BYZCMP7 3.36 103,491 347,793.97
4.73 VCB VN BANK FOR FOREIGN B622TR5 3.30 91,375 301,958.75
3.50 VRE VN VINCOM RETAIL JSC BZ0WW59 1.28 175,300 223,562.26
2.78 VJC VN VIETJET AVIATION JSC BYP2451 5.39 33,000 177,725.12
2.53 SSI VN SSI SECURITIES CORP B1LB8G0 1.27 127,200 161,397.67
2.28 VND VN VNDIRECT SECURITIES CORP B4XXQS3 1.05 138,540 145,344.64
2.00 PDR VN PHAT DAT REAL ES B4V9BD3 2.31 55,389 127,912.55
1.91 DGC VN DUC GIANG CHEMICALS JSC BP0RTK8 9.69 12,600 122,091.34
1.77 STB VN SACOMBANK B19HJ45 0.97 117,200 113,109.87
1.68 VHC VN VINH HOAN CORP B2N7VQ4 4.39 24,400 107,229.64
1.58 DPM VN PETROVIETNAM FER B291F68 2.43 41,500 101,023.27
1.57 KDH VN KHANG DIEN HOUSE B3M16J2 1.79 56,200 100,365.79
1.41 GEX VN GELEX GROUP JSC BYV0WY4 1.02 88,300 89,783.71
1.33 KBC VN KINH BAC CITY DE B2B3VJ7 1.89 44,700 84,643.04
1.21 THD VN THAIHOLDINGS JSC BMWT718 2.48 31,200 77,294.27
1.14 KDC VN KIDO GROUP CORP B16GKS6 2.35 31,000 72,925.46
1.14 SAB VN SAIGON BEER ALCO BDSFBV5 6.59 11,000 72,511.85
1.11 BID VN BANK FOR INVESTM BJ4WY68 1.51 46,876 70,889.60
1.11 PVS VN PETROVIETNAM TEC B2QMMQ3 1.22 57,800 70,724.69
1.11 DIG VN DEVELOPMENT INVE B3XZ1Y3 2.54 27,800 70,667.82
1.11 VPI VN VAN PHU - INVEST BF2RZ53 2.65 26,700 70,632.49
1.06 CTG VN VIETNAM JS COMM B3PL622 1.15 59,100 67,986.64
1.03 GAS VN PETROVIETNAM GAS B83C9P6 4.64 14,200 65,830.25
0.97 POW VN PETROVIETNAM POWER CORP BFX2T66 0.57 109,700 62,152.31
0.92 PVD VN PETROVIETNAM DRI B1HMTK8 0.94 62,320 58,802.59
0.89 VCI VN VIET CAPITAL SEC BYVTMH4 1.69 33,500 56,579.06
0.86 DXG VN DAT XANH GROUP B56QVW5 1.17 46,800 54,845.33
0.83 SBT VN THANH THANH CONG B2PXTH7 0.75 71,100 53,148.86
0.75 HDB VN HDBANK BYX3359 1.10 43,200 47,555.36
0.74 TCH VN HOANG HUY INVEST BYQ4467 0.60 78,416 46,961.76
0.73 HSG VN HOA SEN GROUP B3FQWF2 0.93 50,000 46,747.09
0.70 SHB VN SHB BANK B3V86Y9 0.65 68,600 44,629.90
0.68 BVH VN BAO VIET HOLDINGS B61NT57 2.31 18,800 43,334.77
0.59 PHR VN PHUOC HOA RUBBER JSC B43VC90 2.71 13,800 37,398.54
0.55 VGC VN VIGLACERA CORP JSC BYZDVM0 1.73 20,300 35,159.84
0.52 VCG VN VIETNAM CONSTRUC B3D0PX5 1.16 28,400 32,915.12
0.51 NT2 VN PETROVIETNAM NHO B3LNGB1 0.96 33,700 32,306.12
0.49 PLX VN VIETNAM NATIONAL BYQH5X0 1.83 17,100 31,348.77
0.41 PPC VN PHA LAI THERMAL POWER JSC B1CH6Z2 0.77 34,500 26,458.42
0.37 SHS VN SAIGON - HANOI SECURITIES B5ZWC43 0.78 30,700 23,808.70
0.36 NVB VN NATIONAL COMMERC B67GJC7 1.50 15,328 22,982.09
0.34 GMD VN GEMADEPT CORP B16GK97 2.31 9,500 21,979.75
0.28 APH VN AN PHAT HOLDINGS JSC BLC9PF1 0.71 25,075 17,771.81
0.27 HPX VN HAI PHAT INVESTMENT JSC BDQQ303 1.12 15,200 17,092.63
0.27 GVR VN VIETNAM RUBBER GROUP LTD BDVQBH1 1.09 15,600 17,038.35
0.25 HNG VN HOANG ANH GIA LA BYMXL89 0.27 58,900 16,038.26
0.25 DGW VN DIGIWORLD CORP BZ03995 5.25 3,000 15,756.14
0.22 DCM VN PETRO CA MAU FER BWG92M0 1.52 9,100 13,840.16
0.22 HDG VN HA DO JSC B3PKX17 2.18 6,340 13,794.49
0.18 NKG VN NAM KIM STEEL JSC B3WZ5F3 1.30 8,900 11,542.01
0.18 FLC VN FLC GROUP JSC B3QX973 0.27 43,100 11,513.14
0.16 DXS VN DAT XANH REAL ES BLR8MH4 0.83 12,535 10,396.33
0.15 CASH 0.00 2,933,929,699 9,300.93
Holdings are subject to change.

Sector Breakdown As of 04/30/22

Sector Weight (%)
Real Estate 31.0
Consumer Staples 17.9
Financials 17.5
Materials 17.0
Industrials 9.0
Utilities 2.7
Energy 1.7
Consumer Discretionary 1.7
Information Technology 1.6

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/22

Return on Equity 14.40%
Weighted Avg. Market Cap 3,236 M
2021 2022
Price-to-earnings 13.01 11.94
Price-to-book value 1.81 1.64

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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