VanEck MSCI International Value ETF (VLUE) Review & Analysis

MER · Top 50%AUM · Top 25%1Y Return · Top 10%3Y Return · Top 10%5Y Return · Top 10%

What's new this monthData to 30 September 2026

+0.5% in September (total return), ahead of the median international shares ETF at +0.0%.
Investors added a net $39m (6.4% of the fund).
The unit price closed the month at $38.60, 13% below its 12-month high (range $29.82 to $44.45).

About VLUE

VLUE is an international shares ETF from VanEck, listed on the ASX since March 2021. With $643m under management it is number 53 of 254 international shares ETFs by size. The management fee is 0.40% a year, about $40 on every $10,000 invested, cheaper than the typical international shares ETF at 0.55%.

Its largest holdings are Micron Technology Inc, Salesforce Inc and Accenture PLC, and the top 10 make up 22% of the fund. By sector it leans towards information technology (31%) and financials (15%). United States is the biggest country exposure at 48%.

Over five years it has returned +16.5% a year including distributions, against +8.8% for the median international shares ETF.

VLUE distributions and dividend dates

VLUE pays distributions yearly, usually going ex-distribution in July, with payment about 26 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $6.65 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 27 July 2026. To receive it you need to own VLUE before the ex-date.

Its distribution yield over the past 12 months is about 17.1%. 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 VLUE Check overlap VanEck website ↗

Compare VLUE with

VLUEvsVVLU

Vanguard Global Value Equity Active ETF.

Fee	0.40%	0.28%
1 year	+46.8%	+16.9%
5 yrs p.a.	+16.5%	+12.0%
Size	$643m	$1.4bn

Same holdings30%Some overlap

Full comparison →

VLUEvsDGVA

Dimensional Global Value Trust - Active ETF

Fee	0.40%	0.45%
1 year	+46.8%	+21.6%
5 yrs p.a.	+16.5%	–
Size	$643m	$1.3bn

Same holdingsNo holdings data

Full comparison →

VLUEvsHVLU

VanEck MSCI International Value (AUD Hedged) ETF

Fee	0.40%	0.43%
1 year	+46.8%	+57.8%
5 yrs p.a.	+16.5%	–
Size	$643m	$164m

Same holdings100%Near identical

Full comparison →

VLUEvsVGS

Vanguard MSCI Index International Shares ETF

Fee	0.40%	0.18%
1 year	+46.8%	+10.1%
5 yrs p.a.	+16.5%	+11.8%
Size	$643m	$18.7bn

Same holdings11%Very different

Full comparison →

VLUE price by TradingView

Stock Code	VLUE
Fund Manager	VanEck
Asset Class	International shares
AUM	$643m
MER (%)	0.40%
Net flows (Sep)	+$39m
Last Price	$38.60
52-Week Range	$29.82 – $44.45
Bid/Ask Spread	0.08%
Listing Date	10/03/2021
Exchange	ASX
Index tracked	MSCI World ex Australia Enhanced Value Top 250 Select Index
Issuer website	VanEck ↗

Performance (% return)

1 month+0.5%

1 year+46.8%

3 years p.a.+25.5%

5 years p.a.+16.5%

$10,000 invested…

1 year ago$14,6823 years ago$19,7495 years ago$21,479

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.

VLUE at a glance: strengths and things to watch

👍 Strengths

Ahead of its peers. +16.5% a year over 5 years, against +8.8% for the median international shares ETF.
Money is flowing in. Investors added a net $39m in September (6% of the fund).
Cheap to trade. A bid/ask spread of 0.08%, so buying and selling costs little extra.

⚠️ Things to watch

Nothing stands out against its category.

Worked out from VLUE's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 9 Oct 2026

VLUE is in a base. Here's why that matters.

VLUE's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

VLUE weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

VLUE vs its benchmark

How VLUE has done against the MSCI World ex Australia Enhanced Value Top 250 Select Index, after fees. For an index fund, a small shortfall roughly the size of the fee is normal.

	VLUE	Benchmark	Difference
1 year	+38.25%	+38.53%	-0.28%
3 years p.a.	+27.46%	+27.67%	-0.21%
5 years p.a.	+18.78%	+18.94%	-0.16%

Issuer figures to 31 October 2026, fund returns after fees. Source: VanEck. Compare more ETFs vs their benchmark →

Investment Focus

Exposure Regions

Global

Portfolio Breakdown

Top 10 holdings (21.9% of the fund)

Symbol	Company	% assets
MU		4.07%
CRM		2.92%
ACN		2.50%
7203		2.09%
VZ		2.09%
QCOM		1.73%
ADBE		1.68%
HPE		1.63%
SHEL		1.61%
285A		1.59%

Sector breakdown

Information Technology30.7%
Financials14.8%
Industrials10.8%
Health Care9.9%
Consumer Discretionary9.4%
Communication Services8.0%
Energy4.7%
Consumer Staples4.7%
Other7.0%

Country breakdown

United States48.1%
Japan23.1%
France6.8%
United Kingdom6.5%
Germany4.8%
ES1.8%
IT1.8%
Hong Kong1.8%
Other5.4%

Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 249 positions, covering 100% of the fund. Compare VLUE's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
HVLU	VanEck MSCI International Value (AUD Hedged) ETF Currency hedged	100%	0.43%	$164m	+57.8%	–	–
IVLU	iShares MSCI World ex Australia Value ETF	73%	0.25%	$43m	+43.1%	–	–
VVLU	Vanguard Global Value Equity Active ETF. Active	30%	0.28%	$1.4bn	+16.9%	+15.9%	+12.0%
IVE	iShares MSCI EAFE ETF	28%	0.32%	$624m	+10.1%	+14.8%	+8.8%
EXUS	Betashares Global Shares Ex Us ETF	28%	0.14%	$158m	–	–	–
IJP	iShares MSCI Japan ETF	22%	0.50%	$1.6bn	+19.3%	+17.0%	+9.2%

Same holdings is the share of VLUE's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like VLUE →

VLUE vs its closest alternatives

What actually differs between VLUE and the ETFs most like it. Data to 30 Sep 2026.

HVLU VanEck MSCI International Value (AUD Hedged) ETF

They share 100% of their holdings: largely the same companies.
VLUE is cheaper (0.40% vs 0.43%), worth about $2,015 on $100,000 over 20 years.
Over 1 year: VLUE +46.8%, HVLU +57.8% (HVLU ahead by 10.9 percentage points).
VLUE is about 4 times larger ($643m vs $164m), which usually means tighter trading spreads.
Different structure: VLUE is a standard fund, HVLU is currency hedged.

Full VLUE vs HVLU comparison →

IVLU iShares MSCI World ex Australia Value ETF

They share 73% of their holdings: a lot of doubling up.
IVLU is cheaper (0.25% vs 0.40%), worth about $10,241 on $100,000 over 20 years.
Over 1 year: VLUE +46.8%, IVLU +43.1% (VLUE ahead by 3.7 percentage points).
VLUE is much larger ($643m vs $43m), which usually means tighter trading spreads.

Compare VLUE and IVLU side by side →

VVLU Vanguard Global Value Equity Active ETF.

They share 30% of their holdings: some overlap.
VVLU is cheaper (0.28% vs 0.40%), worth about $8,171 on $100,000 over 20 years.
Over 3 years, a year: VLUE +25.5%, VVLU +15.9% (VLUE ahead by 9.6 percentage points).
VVLU is about 2 times larger ($1.4bn vs $643m), which usually means tighter trading spreads.
Different structure: VLUE is a standard fund, VVLU is actively managed.

Full VLUE vs VVLU comparison →

General information only. Past performance is not a reliable indicator of future performance.

Popular comparisons

VVLU vs VLUE DGVA vs VLUE VLUE vs HVLU VGS vs VLUE QUAL vs VLUE VLUE vs AGX1

VLUE FAQs

What is the fee for VLUE?

VLUE charges a management fee (MER) of 0.40% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is VLUE?

VLUE had $643m in funds under management as at 30 September 2026.

How has VLUE performed?

VLUE returned +46.8% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +25.5% a year. Past performance is not a reliable indicator of future performance.

Who manages VLUE?

VLUE is managed by VanEck and has been listed since March 2021.

Is VLUE franked?

Generally no. VLUE invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does VLUE hold?

VLUE's largest holdings are Micron Technology Inc (4.1%), Salesforce Inc (2.9%), Accenture PLC (2.5%), Toyota Motor Corp (2.1%), Verizon Communications Inc (2.1%). It holds about 249 investments in total. The biggest sector is information technology at 30%. Holdings as at 30 October 2026.

Is VLUE currency hedged?

No, VLUE is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the VanEck product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.