VanEck Vietnam ETF (VNM) Holdings
VNM holdings summary
as of Oct 25, 2026- Holdings
- 44 positions listed
- Top 10 weight
- 51.7% of net assets
- Effective holdings
- 20 equal-weight equivalent
- Largest holding
- VIC 7.56% Vingroup JSC
- Annual turnover
- 57.0% of the portfolio traded
All VNM holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | VIC | Vingroup JSC | Real Estate | 7.56% | $36.5M | — | — |
| 2 | VHM | Vinhomes JSC | Real Estate | 7.11% | $34.3M | — | — |
| 3 | MSN | Masan Group Corp | Industrials | 6.68% | $32.3M | — | — |
| 4 | MCH | Masan Consumer Corp | Consumer Non-Cyclicals | 5.75% | $27.8M | — | — |
| 5 | VNM | Vietnam Dairy Products JSC | Consumer Defensive | 5.46% | $26.4M | — | — |
| 6 | VCB | Joint Stock Commercial Bank for Foreign Trade of Vietnam | Financial Services | 5.02% | $24.2M | — | — |
| 7 | HPG | Hoa Phat Group JSC | Basic Materials | 5.01% | $24.2M | — | — |
| 8 | SSI | SSI Securities Corp | Financial Services | 3.70% | $17.9M | — | — |
| 9 | VIX | VIX Securities JSC | Financial Services | 2.84% | $13.7M | — | — |
| 10 | STB | Sai Gon Thuong Tin Commercial Joint Stock Bank | Financial Services | 2.57% | $12.4M | — | — |
| 11 | VJC | Vietjet Aviation JSC | Industrials | 2.42% | $11.7M | — | — |
| 12 | FPT | FPT Corp | Technology | 2.35% | $11.4M | — | — |
| 13 | VRE | Vincom Retail JSC | Real Estate | 2.28% | $11.0M | — | — |
| 14 | VCI | Viet Capital Securities JSC | Financial Services | 2.00% | $9.6M | — | — |
| 15 | VND | VNDIRECT Securities Corp | Financial Services | 1.65% | $8.0M | — | — |
| 16 | SHB | Sai Gon Ha Noi Commercial Joint Stock Bank | Financial Services | 1.51% | $7.3M | — | — |
| 17 | GEX | Gelex Group JSC | Industrials | 1.49% | $7.2M | — | — |
| 18 | KBC | Kontron AG | Other | 1.14% | $5.5M | — | — |
| 19 | SBT | Thanh Thanh Cong Tay Ninh JSC | Consumer Defensive | 1.04% | $5.0M | — | — |
| 20 | EIB | Vietnam Export Import Commercial Joint Stock Bank | Financial Services | 0.95% | $4.6M | — | — |
| 21 | HAG | Hoang Anh Gia Lai JSC | Real Estate | 0.89% | $4.3M | — | — |
| 22 | POW | Petrovietnam Power Corp | Utilities | 0.83% | $4.0M | — | — |
| 23 | VPI | Van Phu - Invest Investment JSC | Real Estate | 0.80% | $3.9M | — | — |
| 24 | PVD | PetroVietnam Drilling & Well Service Corp | Energy | 0.72% | $3.5M | — | — |
| 25 | PVS | Petrovietnam Technical Services Corp | Energy | 0.69% | $3.3M | — | — |
| 26 | BVH | BaoViet Holdings | Financial Services | 0.69% | $3.3M | — | — |
| 27 | HUT | HUD - TASCO | Industrials | 0.63% | $3.0M | — | — |
| 28 | DGC | Ducgiang Chemicals & Detergent Powder Joint Co | Basic Materials | 0.58% | $2.8M | — | — |
| 29 | SAB | Saigon Beer Alcohol Beverage Corp | Consumer Defensive | 0.57% | $2.8M | — | — |
| 30 | KDC | Kido Group Corp | Consumer Defensive | 0.56% | $2.7M | — | — |
| 31 | VCG | Vietnam Construction and Import Export JSC | Industrials | 0.54% | $2.6M | — | — |
| 32 | PDR | Phat Dat Real Estate Development Corp | Real Estate | 0.53% | $2.6M | — | — |
| 33 | HVN | Vietnam Airlines JSC | Industrials | 0.52% | $2.5M | — | — |
| 34 | VHC | Vinh Hoan Corp | Consumer Defensive | 0.52% | $2.5M | — | — |
| 35 | KDH | Khang Dien House Trading and Investment JSC | Real Estate | 0.51% | $2.5M | — | — |
| 36 | DPM | PetroVietnam Fertilizer and Chemicals Corp | Basic Materials | 0.51% | $2.4M | — | — |
| 37 | IDC | Idico Corporation JSC | Consumer Non-Cyclicals | 0.50% | $2.4M | — | — |
| 38 | TCH | Hoang Huy Investment Financial | Industrials | 0.50% | $2.4M | — | — |
| 39 | SHS | SHS | Financials | 0.49% | $2.4M | — | — |
| 40 | DCM | Petrovietnam Camau Fertilizer | Basic Materials | 0.47% | $2.3M | — | — |
| 41 | HSG | Hoasen Group | Basic Materials | 0.45% | $2.2M | — | — |
| 42 | DIG | Development Investment Construction JSC | Real Estate | 0.41% | $2.0M | — | — |
| 43 | FTS | FPT Securities JSC | Financial Services | 0.40% | $1.9M | — | — |
| 44 | FUEVFVND | VFMVN Diamond ETF | Other | 0.02% | $79,696.88 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($483.0M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
VNM sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 21.3% | 10 | VCB, SSI, VIX |
| Real Estate | 20.1% | 8 | VIC, VHM, VRE |
| Industrials | 12.8% | 7 | MSN, VJC, GEX |
| Consumer Defensive | 8.2% | 5 | VNM, SBT, SAB |
| Basic Materials | 7.0% | 5 | HPG, DGC, DPM |
| Consumer Non-Cyclicals | 6.3% | 2 | MCH, IDC |
| Technology | 2.4% | 1 | FPT |
| Energy | 1.4% | 2 | PVD, PVS |
| Other | 1.2% | 2 | KBC, FUEVFVND |
| Utilities | 0.8% | 1 | POW |
| Financials | 0.5% | 1 | SHS |
Sum of the weights of the holdings in each sector.
VNM top industries
VNM overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 0.3% | 24 of 8,035 | 0.05% |
| IWM | iShares Russell 2000 ETF | 0.2% | 1 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 1 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.0% | 0 of 502 | 0.09% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the VNM portfolio
VanEck Vietnam ETF holds 44 positions. The ten largest make up 51.7% of the fund, so it behaves like a portfolio of about 20 equally weighted positions. The biggest positions are Vingroup JSC (7.56%), Vinhomes JSC (7.11%), Masan Group Corp (6.68%), Masan Consumer Corp (5.75%), Vietnam Dairy Products JSC (5.46%).
By sector, Financial Services is 21.3%, Real Estate is 20.1%, Industrials is 12.8%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: VNM chart, VNM performance, VNM dividends, VNM overview.
VNM holdings FAQ
How many holdings does VNM have?
VNM holds 44 positions as of October 25, 2026.
What are the top 10 holdings of VNM?
The ten largest holdings are Vingroup JSC (7.56%), Vinhomes JSC (7.11%), Masan Group Corp (6.68%), Masan Consumer Corp (5.75%), Vietnam Dairy Products JSC (5.46%), Joint Stock Commercial Bank for Foreign Trade of Vietnam (5.02%), Hoa Phat Group JSC (5.01%), SSI Securities Corp (3.70%), VIX Securities JSC (2.84%), Sai Gon Thuong Tin Commercial Joint Stock Bank (2.57%). Together they are 51.7% of the fund.
What percentage of VNM is Vingroup JSC?
Vingroup JSC is the largest holding at 7.56% of net assets, about $36.5M of the fund's $483.0M.
Which sector is the largest in VNM?
Financial Services is the largest sector at 21.3%, followed by Real Estate (20.1%) and Industrials (12.8%), based on the sectors of the individual holdings.
How concentrated is VNM?
The top 10 holdings are 51.7% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) VNM behaves like a portfolio of about 20 equally weighted positions.