- Issuer
- VanEck
- Inception Date
- Oct 14, 2013
- Category
- Financials Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- VanEck Australian Banks Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MVB.AX Performance Chart
VanEck Australian Banks ETF (MVB.AX) is up 6.3% since the beginning of the year. MVB.AX is currently trading at A$44 per share. Investors who bought A$1,000 worth of MVB.AX shares 5 years ago would now be looking at an investment worth A$1,966.
Loading charts...
Returns By Period
VanEck Australian Banks ETF (MVB.AX) has returned 6.30% so far this year and 9.88% over the past 12 months. Over the last ten years, MVB.AX has returned 11.48% per year, falling short of the S&P 500 Index benchmark, which averaged 14.27% annually.
VanEck Australian Banks ETF
- 1D
- 0.98%
- 1M
- 5.97%
- 6M
- 7.39%
- YTD
- 6.30%
- 1Y
- 9.88%
- 3Y*
- 19.87%
- 5Y*
- 14.48%
- 10Y*
- 11.48%
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
MVB.AX Monthly Returns History
Based on dividend-adjusted daily data since Oct 14, 2013, MVB.AX's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +19.4%, while the worst month was Mar 2020 at -29.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, MVB.AX closed higher 52% of trading days. The best single day was Mar 25, 2020 with a return of +9.6%, while the worst single day was Mar 23, 2020 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.28% | 10.50% | -7.40% | 1.64% | -2.49% | 1.02% | 4.06% | 6.30% | |||||
| 2025 | 6.52% | -5.88% | -4.02% | 4.03% | 5.03% | 4.44% | -1.09% | 7.12% | -0.51% | 2.34% | -5.76% | 1.49% | 13.33% |
| 2024 | 5.38% | 3.89% | 2.01% | -4.91% | 3.21% | 5.36% | 6.11% | 1.27% | 0.77% | 2.72% | 4.98% | -3.72% | 29.84% |
| 2023 | 5.71% | -3.12% | -5.81% | 3.45% | -3.50% | 2.42% | 5.08% | -1.91% | -1.92% | -3.70% | 5.25% | 9.73% | 10.90% |
| 2022 | -6.21% | 2.68% | 10.91% | -0.76% | -2.25% | -13.47% | 9.80% | -0.70% | -6.38% | 14.22% | 1.91% | -2.83% | 3.49% |
| 2021 | 2.38% | 8.04% | 6.15% | 1.81% | 4.76% | -0.69% | -1.57% | 4.68% | 2.31% | 2.58% | -7.08% | 6.38% | 32.92% |
Benchmark Metrics
VanEck Australian Banks ETF has an annualized alpha of 9.69%, beta of 0.16, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since October 14, 2013.
- This ETF participated in 83.39% of S&P 500 Index downside but only 70.09% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.16 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 9.69%
- Beta
- 0.16
- R²
- 0.02
- Upside Capture
- 70.09%
- Downside Capture
- 83.39%
Return for Risk
Risk / Return Rank
MVB.AX ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck Australian Banks ETF (MVB.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MVB.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.24 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 1.11 | -0.18 |
| Martin ratioReturn relative to average drawdown | 1.92 | 3.10 | -1.18 |
Dividends
Dividend History
VanEck Australian Banks ETF provided a 2.39% dividend yield over the last twelve months, with an annual payout of A$1.06 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$1.06 | A$1.02 | A$1.39 | A$1.95 | A$1.92 | A$2.01 | A$0.50 | A$0.90 | A$0.93 | A$2.37 | A$1.71 | A$1.49 |
Dividend yield | 2.39% | 2.42% | 3.65% | 6.41% | 6.53% | 6.65% | 2.05% | 3.47% | 3.68% | 8.62% | 6.15% | 5.51% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Australian Banks ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | A$0.00 | A$0.00 | A$0.35 | A$0.00 | A$0.00 | A$0.00 | A$0.15 | A$0.50 | |||||
| 2025 | A$0.00 | A$0.00 | A$0.06 | A$0.00 | A$0.00 | A$0.00 | A$0.40 | A$0.56 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.02 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.17 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.22 | A$1.39 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.20 | A$0.00 | A$0.00 | A$0.45 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.30 | A$1.95 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.12 | A$0.00 | A$0.00 | A$0.00 | A$0.64 | A$0.00 | A$0.00 | A$0.00 | A$1.16 | A$1.92 |
| 2021 | A$0.00 | A$0.00 | A$0.00 | A$0.16 | A$0.00 | A$0.00 | A$0.20 | A$0.57 | A$0.00 | A$0.00 | A$0.00 | A$1.08 | A$2.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Australian Banks ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Australian Banks ETF was 46.37%, occurring on Mar 23, 2020. Recovery took 243 trading sessions.
The current VanEck Australian Banks ETF drawdown is 4.29%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-46.37%Mar 2020 | 5mo 29d | 11mo 20d | 1y 5moSep 2019 - Mar 2021 | COVID crash2020 |
-25.91%Feb 2016 | 10mo 4d | 10mo 12d | 1y 8moApr 2015 - Dec 2016 | — |
-21.31%Jun 2022 | 1mo 26d | 7mo 14d | 9mo 10dApr 2022 - Jan 2023 | Bear market2022 |
-18.97%Apr 2025 | 1mo 19d | 1mo 28d | 3mo 17dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-16.21%Dec 2018 | 4mo 3d | 6mo | 10mo 3dAug 2018 - Jun 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| MVB.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.37% | -41.07% | -5.30% |
Max Drawdown (1Y)Largest decline over 1 year | -11.94% | -11.69% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | -18.97% | -17.74% | -1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -21.31% | -22.01% | +0.70% |
Max Drawdown (10Y)Largest decline over 10 years | -46.37% | -24.71% | -21.66% |
Current DrawdownCurrent decline from peak | -4.29% | -0.60% | -3.69% |
Average DrawdownAverage peak-to-trough decline | -7.24% | -11.02% | +3.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 4.20% | +1.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MVB.AX
Add VanEck Australian Banks ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MVB.AX