HVLU

VanEck MSCI International Value (AUD Hedged) ETF

About this ETF

HVLU aims to provide investment returns before fees and other costs which track the performance of the MSCI World ex Australia Enhanced Value Top 250 Select 100% Hedged to AUD Index.

IssuerVanEck

Management fee (MER)0.43% p.a.

Inception date9 Nov 2023

BenchmarkMSCI Wld ex Au En Val Top 250 S H NR AUD

Scout Score

59/100

Ranked #25 of 76 in International Shares

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost43

Diversification79

Tracking32

Liquidity53

Fund Strength33

Performance100

Income99

Strengths

Strong long-term return — +49.8% p.a. (blended), beats 100% of rated International Shares peers.
Attractive yield — 17.62%, higher than 99% of International Shares peers.
Well diversified — top holdings are 21.5% of the fund, less concentrated than 79% of International Shares peers.

Weaknesses

Wider index tracking — 10.68% tracking error, looser than 68% of International Shares peers.
Small fund — $163M in assets, smaller than 67% of International Shares funds, which can mean wider spreads.