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ISIN
US92189F8178
CUSIP
92189F817
Issuer
VanEck
Inception Date
Aug 11, 2009
Region
Emerging Asia Pacific (Vietnam)
Leveraged
1x (No leverage)
Index Tracked
MVIS Vietnam Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$559M

Share Price Chart


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Performance

VNM Performance Chart

VanEck Vectors Vietnam ETF (VNM) is down 2.3% since the beginning of the year. VNM is currently trading at $19 per share. Investors who bought $1,000 worth of VNM shares 5 years ago would now be looking at an investment worth $996.


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S&P 500 Index

Returns By Period

VanEck Vectors Vietnam ETF (VNM) has returned -2.25% so far this year and 40.04% over the past 12 months. Over the last ten years, VNM has returned 4.07% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


VanEck Vectors Vietnam ETF

1D
1.63%
1M
-0.53%
YTD
-2.25%
6M
0.21%
1Y
40.04%
3Y*
13.31%
5Y*
-0.09%
10Y*
4.07%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VNM Monthly Returns History

Based on dividend-adjusted daily data since Aug 14, 2009, VNM's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.

Historically, 53% of months were positive and 47% were negative. The best month was Apr 2020 with a return of +19.3%, while the worst month was Mar 2020 at -24.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.

On a daily basis, VNM closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +13.1%, while the worst single day was Mar 12, 2020 at -10.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.05%0.05%-9.28%8.84%-0.74%-0.27%-2.25%
20250.70%4.15%3.65%-3.29%12.59%1.18%16.44%14.24%-2.46%-2.30%5.22%4.25%66.55%
2024-1.70%6.38%2.89%-12.27%3.40%-3.49%-0.82%3.98%1.83%-6.81%-1.26%-2.38%-11.15%
20238.87%-12.65%8.17%-0.25%2.30%7.00%13.16%0.73%-10.69%-14.62%13.32%3.95%15.01%
2022-6.94%-1.29%-3.28%-9.70%-5.87%-10.22%2.29%4.07%-13.24%-12.18%9.42%-6.50%-43.74%
2021-3.26%4.02%2.84%4.14%4.40%5.64%-5.96%1.02%-2.43%5.35%2.22%2.87%22.05%

Benchmark Metrics

VanEck Vectors Vietnam ETF has an annualized alpha of -7.02%, beta of 0.74, and R2 of 0.25 versus S&P 500 Index. Calculated based on daily prices since August 14, 2009.

  • This ETF participated in 121.09% of S&P 500 Index downside but only 63.17% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.25 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
-7.02%
Beta
0.74
0.25
Upside Capture
63.17%
Downside Capture
121.09%

Expense Ratio

VNM has an expense ratio of 0.68%, placing it in the medium range.


Return for Risk

Risk / Return Rank

VNM ranks 43 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


VNM Risk / Return Rank: 4343
Overall Rank
VNM Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
VNM Sortino Ratio Rank: 4343
Sortino Ratio Rank
VNM Omega Ratio Rank: 4040
Omega Ratio Rank
VNM Calmar Ratio Rank: 4949
Calmar Ratio Rank
VNM Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for VanEck Vectors Vietnam ETF (VNM) 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.


VNMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.53

Sortino ratioReturn per unit of downside risk

-0.61

Omega ratioGain probability vs. loss probability

1.25

1.37

-0.11

Calmar ratioReturn relative to maximum drawdown

2.36

2.78

-0.43

Martin ratioReturn relative to average drawdown

5.80

12.44

-6.64

Dividends

Dividend History

VanEck Vectors Vietnam ETF provided a 0.20% dividend yield over the last twelve months, with an annual payout of $0.04 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.7020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.04$0.04$0.00$0.67$0.11$0.10$0.07$0.12$0.12$0.20$0.32$0.55

Dividend yield

0.20%0.20%0.00%5.21%0.96%0.49%0.40%0.76%0.83%1.14%2.44%3.69%

Monthly Dividends

The table displays the monthly dividend distributions for VanEck Vectors Vietnam ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.67$0.67
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10$0.10

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the VanEck Vectors Vietnam 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 Vectors Vietnam ETF was 63.19%, occurring on Mar 23, 2020. The portfolio has not yet recovered.

The current VanEck Vectors Vietnam ETF drawdown is 23.87%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-63.19%Mar 2020
10y 5mo
16y 8moOct 2009 - now
Financial crisis2007–2009
-6.49%Aug 2009
3d4d
7dAug 2009 - Aug 2009
Financial crisis2007–2009
-6.44%Aug 2009
1d15d
16dAug 2009 - Sep 2009
Financial crisis2007–2009
-5.51%Oct 2009
10d7d
17dSep 2009 - Oct 2009
Financial crisis2007–2009
-2.23%Oct 2009
0s3d
3dOct 2009 - Oct 2009

Drawdown Indicators


VNMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-63.19%

-56.78%

-6.41%

Max Drawdown (1Y)

Largest decline over 1 year

-17.07%

-9.10%

-7.97%

Max Drawdown (3Y)

Largest decline over 3 years

-31.60%

-18.90%

-12.70%

Max Drawdown (5Y)

Largest decline over 5 years

-49.95%

-25.43%

-24.52%

Max Drawdown (10Y)

Largest decline over 10 years

-51.67%

-33.92%

-17.75%

Current Drawdown

Current decline from peak

-23.87%

-1.80%

-22.07%

Average Drawdown

Average peak-to-trough decline

-37.80%

-10.71%

-27.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.93%

2.03%

+4.90%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with VNM

Add VanEck Vectors Vietnam ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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