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VNM

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1d
1w
1m

Analysis and statistics

  • Open
    17.5791$
  • Previous Close
    17.5794$
  • 52 Week Change
    --
  • Day Range
    -0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

VNM.US represents the VanEck Vectors Vietnam ETF, an exchange-traded fund (ETF) that seeks to replicate, before fees and expenses, the performance of the MVIS Vietnam Index (MVIVNLTR). This index is designed to track the overall performance of publicly traded companies that are incorporated in Vietnam or that generate at least 50% of their revenues in Vietnam. The ETF offers investors a way to gain exposure to the Vietnamese equity market, which includes companies across various sectors, reflecting the growth and development of the Vietnamese economy. It is listed on the Nasdaq stock exchange.
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Factors

Vietnamese Stock Market Performance: The overall health and performance of the Vietnamese stock market, represented by indices like VN-Index, directly impacts VNM's NAV.

Underlying Holdings Performance: VNM's price is affected by the performance of the individual Vietnamese companies it holds in its portfolio. Strong earnings from these companies usually boost VNM.

Investor Sentiment: General investor feelings toward emerging markets and specifically Vietnam can drive demand and influence VNM's price.

Exchange Rate Fluctuations: Changes in the USD/VND exchange rate affect the value of VNM's holdings when converted back to USD.

Political and Economic Stability: Vietnam's political and economic stability can reassure investors, boosting VNM's price.

ETF Supply and Demand: Higher demand for VNM relative to its supply pushes the price up, and vice versa.

Management Fees and Expenses: The fund's operating costs can marginally impact its returns and therefore, its price.

Geopolitical Events: Global events affecting emerging markets also influence investors on VNM.

News about Vietnam: Economic data releases and news regarding Vietnamese companies.

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