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VNAM

MSCI Vietnam ETF

Invest in VNAM
Overview Prices & Performance Holdings & Characteristics Research Documents

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 03/21/23

Inception Date 12/07/21
Total Expense Ratio 0.50%
Net Assets $5.51 million
NAV $14.88
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 03/21/23

Ticker VNAM
Bloomberg Index Ticker MXVNAMN
CUSIP 37960A883
ISIN US37960A8835
Primary Exchange NYSE Arca
Shares Outstanding 370,000
Number of Holdings 59
30-Day Median Bid-Ask Spread 0.73%

Distributions As of 03/21/23

30-Day SEC Yield 2.76%
Distribution Frequency Semi-Annually
 Distribution History

ETF Prices As of 03/21/23

NAV $14.88 Daily Change $0.18 1.22%
Market Price $15.11 Daily Change $0.22 1.48%

Performance History

Premium Discount Chart
As of recent
(12/31/22)
As of recent
(12/31/22)
Fund NAV Market Price Index
1 Year -44.24% -44.15% -43.90%
Since Inception -39.86% -39.86% -39.51%
1 Year -42.39% -42.45% -42.07%
Since Inception -36.65% -36.26% -36.30%
Year-to-Date -44.24% -44.15% -43.90%
1 Month -2.32% -4.83% -2.30%
3 Months -14.32% -14.91% -14.18%
Since Inception -41.83% -41.84% -41.47%
Year-to-Date -1.83% -1.08% -1.78%
1 Month -11.76% -12.37% -11.72%
3 Months -4.11% -5.86% -4.03%
Since Inception -42.90% -42.47% -42.51%

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 03/21/23

Full Holdings (.csv)
Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
9.36 HPG VN HOA PHAT GROUP JSC B29CC15 0.87 594,540 515,511.68
8.72 VNM VN VIET NAM DAIRY P B16GLK5 3.15 152,200 480,122.11
8.03 VIC VN VINGROUP JSC B27Y417 2.24 197,600 442,369.30
7.87 VHM VN VINHOMES JSC BFZBXH0 1.92 225,000 433,114.27
6.35 MSN VN MASAN GROUP CORP B59R0P1 3.40 103,020 349,879.25
4.33 VCB VN BANK FOR FOREIGN B622TR5 3.67 65,075 238,668.12
4.23 VRE VN VINCOM RETAIL JSC BZ0WW59 1.25 186,500 232,877.89
3.50 SSI VN SSI SECURITIES CORP B1LB8G0 0.85 227,050 192,537.63
3.08 VJC VN VIETJET AVIATION JSC BYP2451 4.40 38,500 169,442.44
2.09 VND VN VNDIRECT SECURITIES CORP B4XXQS3 0.63 183,540 115,174.56
1.93 SAB VN SAIGON BEER ALCO BDSFBV5 7.89 13,500 106,465.97
1.91 BID VN BANK FOR INVESTM BJ4WY68 1.92 54,776 105,325.06
1.55 STB VN SACOMBANK B19HJ45 1.04 81,800 85,320.33
1.51 KDC VN KIDO GROUP CORP B16GKS6 2.33 35,600 82,867.92
1.50 KDH VN KHANG DIEN HOUSE B3M16J2 1.11 74,260 82,493.62
1.43 DGC VN DUC GIANG CHEMICALS JSC BP0RTK8 2.16 36,480 78,884.04
1.43 SHB VN SHB BANK B3V86Y9 0.43 183,245 78,861.00
1.36 GAS VN PETROVIETNAM GAS JSC B83C9P6 4.38 17,100 74,823.83
1.35 VCI VN VIET CAPITAL SEC BYVTMH4 1.24 59,640 74,091.67
1.34 POW VN PETROVIETNAM POWER CORP BFX2T66 0.56 131,800 73,765.53
1.30 VPI VN VAN PHU - INVEST BF2RZ53 2.35 30,520 71,819.38
1.30 PVS VN PETROVIETNAM TEC B2QMMQ3 1.03 69,500 71,606.95
1.27 CTG VN VIETNAM JS COMM B3PL622 1.20 58,400 70,075.05
1.26 KBC VN KINH BAC CITY DE B2B3VJ7 0.94 73,800 69,466.19
1.23 PVD VN PETROVIETNAM DRI B1HMTK8 0.84 81,352 67,951.43
1.18 NVL VN NO VA LAND INVES BYZCMP7 0.47 139,191 65,213.51
1.13 VHC VN VINH HOAN CORP B2N7VQ4 2.38 26,100 62,082.26
1.06 EIB VN VIETNAM EXPORT-I B58P9L5 0.79 74,500 58,595.51
1.05 DPM VN PETROVIETNAM FER B291F68 1.42 40,600 57,840.15
1.00 SBT VN THANH THANH CONG B2PXTH7 0.61 89,657 54,930.83
0.98 GEX VN GELEX GROUP JSC BYV0WY4 0.52 104,900 54,040.07
0.91 IDC VN IDICO CORP JSC BFMT742 1.62 30,940 50,112.70
0.91 THD VN THAIHOLDINGS JSC BMWT718 1.67 30,000 49,989.40
0.90 HSG VN HOA SEN GROUP B3FQWF2 0.68 72,520 49,504.85
0.88 NT2 VN PETROVIETNAM NHO B3LNGB1 1.23 39,200 48,200.13
0.85 BVH VN BAO VIET HOLDINGS B61NT57 2.08 22,600 46,953.57
0.59 PDR VN PHAT DAT REAL ES B4V9BD3 0.49 66,089 32,505.08
0.58 NLG VN NAM LONG INVESTMENT CORP B9FCRR9 0.98 32,600 31,929.62
0.58 VCG VN VIETNAM CONSTRUC B3D0PX5 0.85 37,610 31,813.42
0.53 PLX VN VIETNAM NATIONAL BYQH5X0 1.47 20,000 29,425.48
0.52 FRT VN FPT DIGITAL RETAIL JSC BFM5DX1 2.84 10,100 28,649.14
0.52 DIG VN DEVELOPMENT INVE B3XZ1Y3 0.51 55,980 28,601.19
0.51 TCH VN HOANG HUY INVEST BYQ4467 0.30 93,316 28,329.13
0.51 PHR VN PHUOC HOA RUBBER JSC B43VC90 1.67 16,900 28,196.52
0.51 HDG VN HA DO JSC B3PKX17 1.24 22,608 28,086.26
0.50 DXG VN DAT XANH GROUP B56QVW5 0.49 55,800 27,326.27
0.49 PC1 VN PC1 GROUP JSC BYX2RS7 1.17 23,145 26,986.96
0.48 PPC VN PHA LAI THERMAL POWER JSC B1CH6Z2 0.64 41,000 26,249.74
0.48 SHS VN SAIGON - HANOI SECURITIES B5ZWC43 0.36 72,775 26,228.01
0.47 DCM VN PETRO CA MAU FER BWG92M0 1.04 24,800 25,762.14
0.40 BWE VN BINH DUONG WATER BF1Y1F7 1.87 11,800 22,064.02
0.39 DGW VN DIGIWORLD CORP BZ03995 1.44 14,920 21,508.59
0.36 HUT VN TASCO JSC B2QXYW6 0.65 30,400 19,849.90
0.33 HNG VN HOANG ANH GIA LA BYMXL89 0.18 98,300 18,005.34
0.29 CTR VIETTEL BD3FKG8 2.37 6,669 15,778.26
0.28 HAG VN HAGL JSC B3KLW63 0.31 49,300 15,342.89
0.23 SSB VN SOUTHEAST ASIA C BMXLWV8 1.36 9,300 12,677.34
0.13 SJS VN SONGDA URBAN & I B1CBVZ9 1.87 3,700 6,902.69
0.12 KOS VN KOSY JSC BFF5BT0 1.60 4,100 6,553.74
0.10 CASH 1.00 5,620 5,620.03
0.02 VIETNAMESE DONG 0.00 22,083,025 936.32
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 02/28/23

Sector Weight (%)
Real Estate 25.7
Consumer Staples 21.8
Financials 20.9
Materials 13.8
Industrials 7.6
Utilities 4.4
Energy 2.8
Consumer Discretionary 2.0
Information Technology 1.0

Source: AltaVista Research, LLC

ETF Characteristics As of 03/21/23

Return on Equity 10.60%
Weighted Avg. Market Cap 4,380 M
2022 2023
Price-to-earnings 16.52 15.43
Price-to-book value 1.70 1.59

Source: AltaVista Research, LLC

ETF Risk Stats As of 02/28/23

Versus Beta
S&P 500 0.54
MSCI EAFE 0.70
MSCI Emg. Mkts 0.95
Standard Deviation 28.00%

Source: AltaVista Research, LLC

ETF Research

Introducing the Global X MSCI Vietnam ETF (VNAM)

Read More

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.

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