Vaneck MSCI Multifactor Emerging Markets Equity ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Emerging markets equity funds would cost $241 (0.48% a year), so EMKT is $114 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 3 Sept 2026 · 205 securities · top 10 = 43.0%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.0 | 4.7 | −12.5 | 13.2 | 16.9 | 2.5 | −6.3 | 2.8 | 1.7 | −7.4 | 21.7YTD | ||
| 2025 | 0.9 | −1.0 | 0.5 | −0.5 | 5.5 | 5.7 | 1.9 | −0.3 | 1.4 | 8.2 | −2.0 | −0.2 | 21.6 |
| 2024 | 3.5 | 6.1 | 1.8 | 0.9 | 1.4 | 4.1 | 1.3 | −3.8 | 1.6 | 1.4 | −0.5 | 5.4 | 25.4 |
| 2023 | 1.2 | 1.7 | 3.3 | 3.6 | 0.5 | 4.7 | 3.6 | −2.1 | −0.5 | −3.5 | 2.8 | 2.0 | 18.3 |
| 2022 | 0.8 | −4.2 | −3.5 | −1.6 | 0.7 | −3.3 | −0.4 | 1.5 | −5.6 | 1.1 | 5.8 | −1.8 | −10.5 |
| 2021 | 6.1 | −3.0 | 4.0 | 1.6 | 2.5 | 2.4 | −2.4 | 2.6 | −1.5 | −2.8 | 1.3 | 1.6 | 12.7 |
| 2020 | −0.8 | −4.3 | −10.0 | 5.7 | −4.1 | 3.9 | 5.3 | 0.2 | −0.1 | 2.2 | 1.7 | 1.4 | 0.1 |
| 2019 | 7.5 | 2.6 | −1.0 | 1.3 | −5.6 | 5.8 | 1.0 | −1.7 | 2.3 | 2.2 | 0.9 | 4.7 | 21.1 |
| 2018 | −0.4 | −4.6 | 0.6 | −0.4 | −3.5 | −8.6 | 3.6 | −1.9 | −14.6 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
EMKT questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Vaneck MSCI Multifactor Emerging Markets Equity ETF?
Vaneck MSCI Multifactor Emerging Markets Equity ETF holds 205 securities, and its ten largest positions make up 43.0% of the fund, more concentrated than the 27.1% typical of Emerging markets equity funds. That makes it moderately diversified.
Its largest country exposure is Taiwan at 28.2%, based on holdings as at 3 Sept 2026.
Which ETFs does EMKT double up with most?
EMKT shares the most holdings with Betashares MSCI Emerging Markets Complex ETF (BEMG) (35% overlap), iShares MSCI South Korea ETF (IKO) (23% overlap) and SPDR S&P Emerging Markets Carbon Aware ETF (WEMG) (21% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
None of these overlaps is above half, so pairing EMKT with one of them adds some genuinely different holdings.
How is Vaneck MSCI Multifactor Emerging Markets Equity ETF managed – active or passive?
Vaneck MSCI Multifactor Emerging Markets Equity ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks. Its index uses a multi-factor approach, so it is sometimes called "smart beta".
Among Emerging markets equity funds, active funds charge a median 0.72% a year and index funds 0.35%.
What will I pay in fees for EMKT?
EMKT charges a management fee of 0.69% a year, about $69 for every $10,000 invested. Only 23% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Emerging markets equity funds, the median is 0.45%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.10% for EMKT.
Does Vaneck MSCI Multifactor Emerging Markets Equity ETF follow a theme?
Not a theme as such, but it follows a multi-factor investment style: it combines several factors, such as value, quality and momentum, to choose and weight holdings.
Other ASX funds using a multi-factor approach include iShares Edge MSCI World Multifactor ETF (WDMF) and iShares Edge MSCI Australia Multifactor ETF (AUMF).
What is under the hood of EMKT?
As at 3 Sept 2026, EMKT's ten largest holdings are Taiwan Semiconductor Manufacturing Co L (13.0%), Samsung Electronics Co Ltd (8.9%), Sk Hynix Inc (7.2%), United Microelectronics Corp (2.5%), Hana Financial Group Inc (2.1%), Gold Fields Ltd (2.0%), King Slide Works Co Ltd (1.9%), Largan Precision Co Ltd (1.9%), Chroma Ate Inc (1.8%) and Kia Corp (1.7%). Together they make up 43.0% of the fund.
Rather than simply weighting companies by market size, its index combines several factors, such as value, quality and momentum, to choose and weight holdings.
How well has Vaneck MSCI Multifactor Emerging Markets Equity ETF performed?
Based on its category, Vaneck MSCI Multifactor Emerging Markets Equity ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 21.2% over 1 year (median 7.0%; ranked 2 of 9), 24.2% a year over 3 years and 14.8% a year over 5 years. The medians and rankings compare it with Emerging markets equity funds. Since listing in 2018 it has returned 10.3% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for EMKT; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.69% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.