VanEck Australian Resources ETF (MVR) Review & Analysis
- −3.7% in September (total return), behind the median Australian shares ETF at −2.1%.
- Investors added a net $19m (2.4% of the fund).
- The unit price closed the month at $48.03, 7% below its 12-month high (range $37.10 to $51.55).
- 🏆 Won Best 5Y performer: Australian shares in the September ReviewETF Awards.
About MVR
MVR holds the larger ASX-listed mining, energy and resources companies, a few dozen in total. It tracks the MVIS Australia Resources Index, is passively managed, and caps the weight of each company so that giants such as BHP and Rio Tinto do not dominate the way they do in a market-weighted fund.
The portfolio covers iron ore, gold, copper, lithium, oil and gas, with names such as BHP, Rio Tinto, Woodside, Fortescue and the major gold miners typically among the largest holdings. Materials make up most of the fund and energy much of the rest. That makes returns highly dependent on commodity prices and Chinese demand, so MVR can rise strongly in a resources boom and fall sharply when it ends. Dividends are often well franked, though they can vary a lot with commodity cycles, and there is no direct currency risk.
MVR is usually a satellite for investors wanting to lift their resources exposure beyond what a broad Australian fund holds. Alternatives include OZR and QRE; see MVR vs OZR and MVR vs QRE.
MVR distributions and dividend dates
MVR 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 $0.56 per unit (86% franked), ex-distribution on 1 July 2026 and paid on 27 July 2026. To receive it you need to own MVR before the ex-date.
Its distribution yield over the past 12 months is about 2.6%, with distributions around 86% 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 MVR with
| Fee | 0.35% | 0.34% |
| 1 year | +24.9% | +32.2% |
| 5 yrs p.a. | +13.7% | +13.0% |
| Size | $836m | $460m |
| Fee | 0.35% | 0.34% |
| 1 year | +24.9% | +32.7% |
| 5 yrs p.a. | +13.7% | +12.9% |
| Size | $836m | $285m |
| Fee | 0.35% | 0.25% |
| 1 year | +24.9% | −7.7% |
| 5 yrs p.a. | +13.7% | – |
| Size | $836m | $6.5m |
| Fee | 0.35% | 0.07% |
| 1 year | +24.9% | +2.2% |
| 5 yrs p.a. | +13.7% | +6.5% |
| Size | $836m | $26.7bn |
MVR price by TradingView
| Stock Code | MVR |
|---|---|
| Fund Manager | VanEck |
| Asset Class | Australian shares |
| AUM | $836m |
| MER (%) | 0.35% |
| Net flows (Sep) | +$19m |
| Last Price | $48.03 |
| 52-Week Range | $37.10 – $51.55 |
| Bid/Ask Spread | 0.05% |
| Listing Date | 16/10/2013 |
| Exchange | ASX |
| Index tracked | MVIS Australia Resources 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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