VanEck Vietnam ETF

VanEck Vietnam ETF is an exchange-traded fund that seeks to replicate the price and yield performance of the MarketVector Vietnam Local Index, a market-cap-weighted benchmark tracking securities of companies incorporated in Vietnam. Launched on August 11, 2009, it provides targeted exposure to Vietnam's local equity market, the largest and most liquid U.S.-listed ETF dedicated exclusively to this frontier economy. With a net expense ratio of 0.68%, the fund emphasizes domestically domiciled firms, offering investors a convenient way to access Vietnam's growth potential without broader emerging market dilution. Sector allocations as of December 31, 2025, highlight real estate at 29.14%, financials at 28.30%, and consumer staples at 16.84%, reflecting Vietnam's dynamic property, banking, and essential goods sectors. Nearly all assets (99.85%) are tied to Vietnam, underscoring its pure-play focus amid the nation's young demographic—58% working-age population averaging 32 years old—and ongoing economic reforms. Managing around $668 million in assets, VanEck Vietnam ETF plays a key role in frontier market portfolios, capturing Vietnam's structural advantages in manufacturing, infrastructure, and consumer-driven expansion.