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How to buy the VanEck Vectors Australian Equal Weight (MVW) | A$33.58

Own VanEck Vectors Australian Equal Weight units in just a few minutes.

The VanEck Vectors Australian Equal Weight (MVW) is an exchange traded fund listed on the Australian Securities Exchange (ASX). Its last market close was $33.58 – an increase of 0.57% over the previous week. All prices are listed in Australian Dollars.

How to buy VanEck Vectors Australian Equal Weight units

  1. Compare online brokers. To invest in exchange traded funds (ETFs) listed in Australia, you'll need to sign up to an ETF broker platform with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for the VanEck Vectors Australian Equal Weight. Find the ETF by name or ticker symbol: MVW. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until the VanEck Vectors Australian Equal Weight reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $33.58, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you've invested in the VanEck Vectors Australian Equal Weight. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

VanEck Vectors Australian Equal Weight price performance over time

Historical closes compared with the last close of A$33.58

1 week (2023-11-23) NAN
1 month (2023-11-01) NAN
3 months (2023-09-01) NAN
6 months (2023-06-01) NAN
1 year (2022-12-01) NAN
2 years (2021-12-01) NAN
3 years (2020-12-01) NAN
5 years (2018-11-30) NAN

How has coronavirus impacted the VanEck Vectors Australian Equal Weight unit price?

Since the stock market crash in March caused by coronavirus, the VanEck Vectors Australian Equal Weight unit price has had significant positive movement.

Its last market close was $33.58, which is 2.56% up on its pre-crash value of $32.72 and 73.09% up on the lowest point reached during the March crash when the unit price fell as low as $19.4.

If you had bought $1,000 worth of VanEck Vectors Australian Equal Weight units at the start of February 2020, those units would have been worth $636.94 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,065.16.

VanEck Vectors Australian Equal Weight unit price

Use our graph to track the performance of MVW stocks over time.

Compare online ETF brokers

1 - 5 of 5
Name Product Brokerage on AU ETFs Inactivity fee Asset class
IG Share Trading
Finder Award
IG Share Trading
AUD $8
$0
ASX shares, Global shares, US shares, UK shares, ETFs
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian and international shares, plus get access to 24-hour customer support.
CMC Invest
Finder Award
CMC Invest
$0
$0
ASX shares, Global shares, Options trading, US shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 35,000 products, including shares, crypto, ETFs and managed funds, with access to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
Moomoo Share Trading
$3
$0
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get an additional 30 days on top of the regular brokerage-free period for new accounts (see link for details). T&Cs apply.
Trade shares on the ASX, the US markets and buy ETFs with Moomoo. Plus join a community over 18 million investors.
Tiger Brokers
Exclusive
Tiger Brokers
$5.50
$0
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 15 commission-free trades on US or ASX equities for the first 180 days and US$50 fractional shares when you deposit at least US$500. Plus, all new customers get 1 free trade per month for the first 12 months (T&Cs apply).
Get one brokerage-free trade per month for the first 12 months for US or ASX markets. T&Cs apply.
Webull
$4.90
$0
ASX shares, Options trading, US shares, ETFs
Earn US$100 in cash vouchers when you fund your new account with US$2,000 until March 30, 2024. Plus, earn up to 5.3% p.a. interest on your US cash account (T&Cs apply).
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
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VanEck Vectors Australian Equal Weight unit price volatility

Over the last 12 months, the VanEck Vectors Australian Equal Weight's units have ranged in value from as little as $31.5268 up to $35.73. A popular way to gauge an ETF's volatility is its "beta".

MVW.AU volatility(beta: 1)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of volatility in relation to the market. The market (AU average) beta is 1, while VanEck Vectors Australian Equal Weight's is 1. This would suggest that the VanEck Vectors Australian Equal Weight is a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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