VanEck MSCI International Value 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 Global ex-Australia equity funds would cost $297 (0.59% a year), so VLUE is $88 cheaper.
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 · 248 securities · top 10 = 22.4%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.8 | 2.7 | −4.8 | 8.0 | 17.0 | 4.2 | 0.1 | 2.8 | 0.5 | −1.5 | 33.6YTD | ||
| 2025 | 4.2 | 2.8 | −0.8 | −1.5 | 4.6 | 1.6 | 1.0 | 4.5 | 2.2 | 3.7 | 2.3 | 2.4 | 30.2 |
| 2024 | 4.0 | 2.1 | 5.0 | −2.5 | −0.5 | −2.3 | 6.5 | −4.4 | 0.3 | 2.1 | 1.8 | 1.3 | 13.5 |
| 2023 | 2.4 | 3.1 | 0.3 | 2.2 | 0.1 | 3.3 | 3.2 | 0.8 | −1.7 | −3.7 | 3.4 | 2.6 | 17.1 |
| 2022 | 3.2 | −4.6 | −1.0 | −1.3 | 1.7 | −6.5 | 0.2 | −0.2 | −5.0 | 9.7 | 3.1 | −2.4 | −4.0 |
| 2021 | −0.9 | 3.0 | 1.5 | 0.8 | 2.3 | 1.5 | −5.0 | 4.2 | 2.8 | 10.4 |
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.
VLUE questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck MSCI International Value ETF?
VanEck MSCI International Value ETF holds 248 securities, and its ten largest positions make up 22.4% of the fund, more spread out than the 36.4% typical of Global ex-Australia equity funds. That makes it widely diversified.
Its largest country exposure is United States at 47.5%, based on holdings as at 3 Sept 2026.
Which ETFs does VLUE double up with most?
VLUE shares the most holdings with VanEck MSCI International Value (AUD Hedged) ETF (HVLU) (100% overlap), Betashares Global Shares EX US ETF (EXUS) (26% overlap) and Vanguard Global Value Equity Active ETF (VVLU) (24% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 100%, owning both VLUE and HVLU would mostly double up on the same investments rather than spread your money further.
How is VanEck MSCI International Value ETF managed – active or passive?
VanEck MSCI International Value 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 value approach, so it is sometimes called "smart beta".
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for VLUE?
VLUE charges a management fee of 0.40% a year, about $40 for every $10,000 invested. That is cheaper than 51% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
Lower-cost funds with a similar focus include Vanguard Global Value Equity Active ETF (VVLU) at 0.28%.
If you would rather have a manager choose the investments, active options such as Antipodes Global Value Active ETF (AGX1) at 1.10% and Avantis Global Small Cap Value Active ETF (AVSV) at 0.49% cost more.
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 0.09% for VLUE.
Does VanEck MSCI International Value ETF follow a theme?
Not a theme as such, but it follows a value investment style: it tilts towards companies that look cheap against their earnings or assets.
Other ASX funds using a value approach include Dimensional Australian Value Trust - Active ETF (DAVA), Vanguard Global Value Equity Active ETF (VVLU), Dimensional Global Value Trust - Active ETF (DGVA) and CB GLBL Infrastructure Value (Hedged) Active ETF (CIVH).
What is under the hood of VLUE?
As at 3 Sept 2026, VLUE's ten largest holdings are Micron Technology Inc (4.2%), Salesforce.Com Inc (3.1%), Verizon Communications Inc (2.3%), Toyota Motor Corp (2.0%), Kioxia Holdings Corp (1.9%), At&T Inc (1.8%), Adobe Inc (1.8%), Accenture Plc (1.8%), Qualcomm Inc (1.7%) and Comcast Corp (1.7%). Together they make up 22.4% of the fund.
Rather than simply weighting companies by market size, its index tilts towards companies that look cheap against their earnings or assets.
How well has VanEck MSCI International Value ETF performed?
Based on its category, VanEck MSCI International Value ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 40.8% over 1 year (median 6.3%; ranked 4 of 121), 27.1% a year over 3 years (median 16.5% a year; ranked 5 of 82) and 18.5% a year over 5 years (median 9.2% a year; ranked 3 of 66). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2021 it has returned 18.1% 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 VLUE; 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 0.40% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.