VanEck Australian Property ETF (MVA) Review & Analysis
- −1.8% in September (total return), ahead of the median property & infrastructure ETF at −3.9%.
- Investors added a net $43m (5.5% of the fund). That ranked #47 of 508 ETFs for new money.
- The unit price closed the month at $22.04, 21% below its 12-month high (range $20.89 to $28.00).
About MVA
MVA holds the larger Australian real estate investment trusts, or A-REITs, listed on the ASX. It tracks the MVIS Australia A-REITs Index, is passively managed, and caps the weight of each holding so that no single trust dominates. The result is a concentrated portfolio of little more than a dozen names.
Because of the cap, the largest holdings sit at similar weights, with Goodman Group held well below its share of a market-weighted property fund. The fund spreads across shopping centres, offices, industrial and logistics property, and diversified groups such as Charter Hall, GPT, Mirvac, Scentre, Stockland and Dexus. Property trusts are sensitive to interest rates and economic conditions, and can fall sharply when rates rise. Distributions are a big part of the return but are usually only lightly franked, if at all, and there is no currency risk.
MVA is often used as a satellite for Australian property exposure. Alternatives include VAP and SLF, while REIT covers global property; see VAP vs MVA and MVA vs SLF.
MVA distributions and dividend dates
MVA pays distributions half-yearly, usually going ex-distribution in January and July, with payment about 20 days after the ex-date.
The latest distribution was $0.79 per unit (2% franked), ex-distribution on 1 July 2026 and paid on 27 July 2026. To receive it you need to own MVA before the ex-date.
Its distribution yield over the past 12 months is about 5.7%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare MVA with
| Fee | 0.35% | 0.23% |
| 1 year | −11.2% | −14.3% |
| 5 yrs p.a. | +2.5% | +2.3% |
| Size | $825m | $2.8bn |
| Fee | 0.35% | 0.20% |
| 1 year | −11.2% | +6.4% |
| 5 yrs p.a. | +2.5% | −0.5% |
| Size | $825m | $798m |
| Fee | 0.35% | 0.15% |
| 1 year | −11.2% | +6.3% |
| 5 yrs p.a. | +2.5% | – |
| Size | $825m | $695m |
| Fee | 0.35% | 0.16% |
| 1 year | −11.2% | −14.1% |
| 5 yrs p.a. | +2.5% | +2.4% |
| Size | $825m | $451m |
MVA price by TradingView
| Stock Code | MVA |
|---|---|
| Fund Manager | VanEck |
| Asset Class | Property & infrastructure |
| AUM | $825m |
| MER (%) | 0.35% |
| Net flows (Sep) | +$43m |
| Last Price | $22.04 |
| 52-Week Range | $20.89 – $28.00 |
| Bid/Ask Spread | 0.09% |
| Listing Date | 16/10/2013 |
| Exchange | ASX |
| Index tracked | MVIS Australia A-REITs Index |
| Issuer website | VanEck ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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