Snapshot*
Top 10 Holdings
What is VNM?
VanEck Vietnam ETF (VNM seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Vietnam Local Index (MVVNMLTR), which tracks securities of publicly traded companies that are locally incorporated in Vietnam.
ETFs related toVNM
ETFs correlated to VNM include FM, CHIQ, JMHI
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toVNM
Follow the Global Trend
Copy the Dragon Portfolio
Create your own algorithmic trading strategy with VNM using Composer
News Related to VNM
'U.S. Tariffs On Asian Solar Gear Hit 3,521% After Panel Vote' - Bloomberg News
May 20, 2025 • by Benzinga Newsdesk'Vietnam Says It Wants to Buy More From US as Trade Talks Begin'- Bloomberg
May 7, 2025 • by Benzinga NewsdeskChina's Xi Calls On China, Vietnam To Jointly Oppose Unilateral Bullying; Says Leaders Of China, Vietnam Should Exchange Visits Frequently Like Relatives; China's Mega Market Always Open To Vietnam; Urges China, Vietnam To Jointly Tackle Online Gambling, Telecom Fraud And Other Cross-Border Crimes; China, Vietnam Signed 45 Bilateral Cooperation Documents; Says Countries Should Achieve More Positive Maritime Interaction; Proposes 6 Measures To Deepen Building Of China-Vietnam Community With A Shared Future
Apr 14, 2025 • by Benzinga NewsdeskU.S. Trade Representative Jamieson Greer Says We Are Trying To Limit Imports Driven By Unfair Trade Practices While Promoting U.S. Exports; There Is No Particular Timeline On Trump's Negotiations With Other Countries On Tariffs; We Are Trying To Work Very Quickly On Trade Negotiations; Vietnam Understands That It Is A Major Target Of Trump Tariff Action; Trump Has Been Clear That He Won't Do Tariff Exemptions In The Near Term
Apr 8, 2025 • by Benzinga NewsdeskFAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.