VanEck S&P/ASX MidCap ETF (MVE) Review & Analysis
- −3.3% in September (total return), behind the median Australian shares ETF at −2.1%.
- Investors added a net $4.4m (0.9% of the fund).
- The unit price closed the month at $44.09, 7% below its 12-month high (range $39.39 to $47.44).
About MVE
MVE is an Australian shares ETF from VanEck, listed on the ASX since October 2013. With $499m under management it is number 28 of 81 Australian shares ETFs by size. The management fee is 0.45% a year, about $45 on every $10,000 invested, dearer than the typical Australian shares ETF at 0.35%.
Its largest holdings are Pro Medicus Ltd, Ramsay Health Care Ltd and Orica Ltd, and the top 10 make up 30% of the fund. By sector it leans towards materials (23%) and health care (15%).
Over five years it has returned +6.0% a year including distributions, against +5.9% for the median Australian shares ETF.
MVE distributions and dividend dates
MVE pays distributions half-yearly, usually going ex-distribution in January and July, with payment about 26 days after the ex-date. (Pattern estimated from recent payments.)
The latest distribution was $0.63 per unit (48% franked), ex-distribution on 1 July 2026 and paid on 27 July 2026. To receive it you need to own MVE before the ex-date.
Its distribution yield over the past 12 months is about 2.6%, with distributions around 48% franked. 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 MVE with
| Fee | 0.45% | 0.05% |
| 1 year | −1.5% | +2.6% |
| 5 yrs p.a. | +6.0% | +6.8% |
| Size | $499m | $9.7bn |
| Fee | 0.45% | 0.05% |
| 1 year | −1.5% | +2.6% |
| 5 yrs p.a. | +6.0% | +6.7% |
| Size | $499m | $6.5bn |
| Fee | 0.45% | 0.24% |
| 1 year | −1.5% | +6.2% |
| 5 yrs p.a. | +6.0% | +7.9% |
| Size | $499m | $793m |
| Fee | 0.45% | 0.20% |
| 1 year | −1.5% | +4.3% |
| 5 yrs p.a. | +6.0% | +7.3% |
| Size | $499m | $706m |
MVE price by TradingView
| Stock Code | MVE |
|---|---|
| Fund Manager | VanEck |
| Asset Class | Australian shares |
| AUM | $499m |
| MER (%) | 0.45% |
| Net flows (Sep) | +$4.4m |
| Last Price | $44.09 |
| 52-Week Range | $39.39 – $47.44 |
| Bid/Ask Spread | 0.05% |
| Listing Date | 16/10/2013 |
| Exchange | ASX |
| Index tracked | S&P/ASX MidCap 50 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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