VanEck Vietnam Competition

VNM Etf

USD 18.81 0.31 1.68%

VanEck Vietnam ETF competes with Invesco International, VanEck Pharmaceutical, IShares Pharmaceuticals, FlexShares Morningstar, and Day HaganNed; as well as few others. Analyzing VanEck Vietnam competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of VanEck Vietnam to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out VanEck Vietnam Correlation with its peers.

VanEck Vietnam vs Direxion Shares Correlation

Weak diversification

The correlation between VanEck Vietnam ETF and HCMT is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VanEck Vietnam ETF and HCMT in the same portfolio, assuming nothing else is changed.

Moving together with VanEck Etf

0.82	BBCA	JPMorgan BetaBuilders	Pair Corr
0.82	EWC	iShares MSCI Canada	Pair Corr
0.77	EWU	iShares MSCI United	Pair Corr
0.66	EWY	iShares MSCI South	Pair Corr

Moving against VanEck Etf

0.6	ENTR	EntrepreneurShares	Pair Corr
0.48	PLT	Defiance Leveraged Long	Pair Corr

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
17.23	18.81	20.39

Details

Intrinsic

Valuation

Low	Real	High
17.09	18.67	20.25

Details

Naive

Forecast

Low	Next	High
16.11	17.69	19.27

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
18.46	19.22	19.98

Details

VanEck Vietnam Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between VanEck Vietnam and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of VanEck and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of VanEck Vietnam ETF does not affect the price movement of the other competitor.

	IMFL	PPH	IHE	TLTD	SSUS	WCMI	EBI	NUKZ	JVAL	HCMT
IMFL		0.78	0.68	0.98	0.75	0.96	0.95	0.46	0.92	0.44	IMFL
PPH	0.78		0.97	0.8	0.4	0.64	0.8	-0.13	0.73	0.0	PPH
IHE	0.68	0.97		0.71	0.32	0.5	0.74	-0.27	0.68	-0.07	IHE
TLTD	0.98	0.8	0.71		0.74	0.93	0.94	0.38	0.92	0.41	TLTD
SSUS	0.75	0.4	0.32	0.74		0.83	0.83	0.61	0.87	0.89	SSUS
WCMI	0.96	0.64	0.5	0.93	0.83		0.91	0.64	0.9	0.58	WCMI
EBI	0.95	0.8	0.74	0.94	0.83	0.91		0.37	0.99	0.52	EBI
NUKZ	0.46	-0.13	-0.27	0.38	0.61	0.64	0.37		0.4	0.69	NUKZ
JVAL	0.92	0.73	0.68	0.92	0.87	0.9	0.99	0.4		0.58	JVAL
HCMT	0.44	0.0	-0.07	0.41	0.89	0.58	0.52	0.69	0.58		HCMT
	IMFL	PPH	IHE	TLTD	SSUS	WCMI	EBI	NUKZ	JVAL	HCMT

Please upgrade your account to get full access to Macroaxis premium features

High positive correlations

JVAL	+ 0.99	EBI
TLTD	+ 0.98	IMFL
IHE	+ 0.97	PPH
WCMI	+ 0.96	IMFL
EBI	+ 0.95	IMFL
EBI	+ 0.94	TLTD

High negative correlations

NUKZ	- 0.27	IHE
NUKZ	- 0.13	PPH
HCMT	- 0.07	IHE
HCMT	- 0.0	PPH

VanEck Vietnam Constituents Risk-Adjusted Indicators

There is a big difference between VanEck Etf performing well and VanEck Vietnam ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze VanEck Vietnam's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IMFL	0.64	0.15	0.15	0.27	0.59	(0.71)	1.33	(1.29)	2.92
PPH	0.74	0.17	0.19	0.35	0.52	(0.86)	1.87	(1.20)	4.58
IHE	0.80	0.20	0.19	0.54	0.52	(0.86)	1.82	(1.17)	4.45
TLTD	0.58	0.15	0.15	1.35	0.50	(0.68)	1.32	(1.23)	2.93
SSUS	0.55	(0.02)	(0.04)	0.02	0.81	(0.52)	1.21	(1.23)	3.42
WCMI	0.75	0.08	0.08	0.14	0.72	(0.88)	1.60	(1.42)	3.79
EBI	0.60	0.06	0.07	0.12	0.63	(0.66)	1.40	(1.35)	3.43
NUKZ	1.32	(0.02)	0.00	0.04	1.72	(1.33)	2.55	(3.25)	6.66
JVAL	0.66	0.03	0.04	0.08	0.74	(0.72)	1.55	(1.48)	3.77
HCMT	1.25	(0.05)	(0.01)	0.02	1.87	(1.19)	2.41	(3.15)	8.03

VanEck Vietnam Competitive Analysis

The better you understand VanEck Vietnam competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, VanEck Vietnam's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across VanEck Vietnam's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	VNM	IMFL	PPH	IHE	TLTD	SSUS	WCMI	EBI	NUKZ	JVAL
	1.68 18.81 VanEck	0.81 32.33 Invesco	0.25 105.65 VanEck	0.21 86.33 IShares	0.73 98.25 FlexShares	0.50 49.60 Day	0.60 18.24 First	0.30 59.43 Longview	0.72 72.07 Exchange	0.02 51.14 JPMorgan
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Out of control	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Fair	Solid	Solid	Solid	Solid	Weak	Good	Good	Weakest	Fair
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Fair	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Under Valued	Under Valued	Fairly Valued	Under Valued	Under Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Hold	Strong Buy	Strong Buy	Strong Buy	Not Rated	Strong Hold	Strong Buy	Strong Buy	Hold	Buy
Price To Sales	1.21	N/A	1.14	3.32	0.7	N/A	N/A	N/A	N/A	N/A
Equity Positions Weight	99.54	99.38	99.86	99.89	97.65	99.87	N/A	N/A	N/A	99.54
Three Year Return	16.0	15.8	12.8	13.6	18.5	16.2	N/A	N/A	N/A	16.1
Net Asset	320.31 M	93.63 M	530.46 M	381.08 M	436.48 M	435.69 M	N/A	N/A	N/A	436.41 M
Annual Yield	N/A	N/A	N/A	N/A	N/A	N/A	0.13	N/A	N/A	N/A
Price To Book	1.28	N/A	2.74	1.56	1.16	N/A	N/A	N/A	N/A	N/A
Five Year Return	2.5	N/A	10.5	8.9	11.2	11.3	N/A	N/A	N/A	12.7
One Year Return	68.6	33.8	24.8	30.8	42.1	13.8	N/A	N/A	62.0	15.1
Last Dividend Paid	0.016	N/A	0.35	0.31	0.57	N/A	N/A	N/A	N/A	0.17
Ten Year Return	5.4	N/A	7.6	7.4	10.2	N/A	N/A	N/A	N/A	N/A
Price To Earning	11.96	N/A	17.83	22.36	13.15	N/A	N/A	N/A	N/A	N/A
Beta	1.33	1.01	0.51	0.62	0.98	0.9	1.07	N/A	N/A	1.05
Day Typical Price	18.75	32.21	105.85	86.47	98.16	49.54	18.22	59.45	71.83	51.03
Accumulation Distribution	10071.25	462.92	5542.67	1051.0	0.0063	803.35	14431.9	291.89	8335.44	422.97
Market Facilitation Index	N/A	0.0	0.0	0.0	0.62	0.0	0.0	0.0	0.0	0.0
Daily Balance Of Power	1.24	0.4906	0.3333	0.3273	(1.16)	(0.32)	(0.26)	0.3529	(0.17)	(0.01)
Period Momentum Indicator	0.31	0.26	0.26	0.18	(0.72)	(0.25)	(0.11)	0.18	(0.52)	(0.01)
Rate Of Daily Change	1.02	1.01	1.0	1.0	0.99	0.99	0.99	1.0	0.99	1.0
Day Median Price	18.73	32.14	105.95	86.54	98.11	49.51	18.21	59.46	71.71	50.97
Price Action Indicator	0.24	0.31	(0.17)	(0.12)	(0.22)	(0.03)	(0.03)	0.065	0.1	0.17
Relative Strength Index	51.19	71.33	60.57	59.27	68.12	53.24	63.08	62.91	57.07	59.11
Coefficient Of Variation	2483.86	415.67	456.28	433.54	427.7	2444.78	681.54	649.81	2893.01	897.0
Mean Deviation	1.28	0.6442	0.7405	0.7992	0.5758	0.5491	0.747	0.5957	1.32	0.6615
Jensen Alpha	0.0425	0.1491	0.1725	0.1986	0.1488	(0.02)	0.0788	0.063	(0.02)	0.0333
Total Risk Alpha	(0.06)	0.1273	0.1336	0.1491	0.1049	(0.03)	0.0596	0.0544	(0.07)	0.0245
Sortino Ratio	0.0026	0.1542	0.1892	0.1939	0.1534	(0.04)	0.0827	0.0733	(0)	0.0389
Downside Variance	2.61	0.7459	0.6339	0.7519	0.4543	0.738	0.7778	0.6197	3.22	0.7165
Standard Deviation	1.63	0.8083	0.967	0.9946	0.7044	0.727	0.9148	0.7733	1.69	0.8451
Kurtosis	(0.13)	(0.26)	0.3476	(0.22)	(0.33)	0.4092	(0.53)	0.0807	0.1673	0.003
Potential Upside	2.77	1.33	1.87	1.82	1.32	1.21	1.6	1.4	2.55	1.55
Treynor Ratio	0.2185	0.2675	0.3525	0.5408	1.35	0.0249	0.1403	0.1216	0.0384	0.0848
Maximum Drawdown	7.77	2.92	4.58	4.45	2.93	3.42	3.79	3.43	6.66	3.77
Variance	2.65	0.6533	0.9352	0.9893	0.4962	0.5285	0.8369	0.598	2.87	0.7141
Market Risk Adjusted Performance	0.2285	0.2775	0.3625	0.5508	1.36	0.0349	0.1503	0.1316	0.0484	0.0948
Risk Adjusted Performance	0.0348	0.1757	0.1616	0.1702	0.1694	0.0297	0.1086	0.1123	0.0308	0.0823
Skewness	(0.1)	(0.31)	0.5164	0.4388	(0.31)	(0.62)	(0.12)	(0.25)	(0.33)	(0.07)
Semi Deviation	1.54	0.5919	0.5244	0.5214	0.5029	0.809	0.7223	0.6331	1.72	0.7416
Information Ratio	0.0026	0.1647	0.1558	0.169	0.1468	(0.04)	0.0797	0.0746	(0)	0.0389
Value At Risk	(2.59)	(1.29)	(1.20)	(1.17)	(1.23)	(1.23)	(1.42)	(1.35)	(3.25)	(1.48)
Expected Short fall	(1.34)	(0.71)	(0.86)	(0.86)	(0.68)	(0.52)	(0.88)	(0.66)	(1.33)	(0.72)
Downside Deviation	1.62	0.8637	0.7962	0.8671	0.674	0.8591	0.8819	0.7872	1.79	0.8465
Semi Variance	2.38	0.3503	0.275	0.2718	0.2529	0.6545	0.5218	0.4008	2.95	0.55

VanEck Vietnam Competition Performance Charts

Five steps to successful analysis of VanEck Vietnam Competition

VanEck Vietnam's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by VanEck Vietnam ETF in relation to its competition. VanEck Vietnam's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of VanEck Vietnam in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact VanEck Vietnam's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to VanEck Vietnam ETF, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your VanEck Vietnam position

In addition to having VanEck Vietnam in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gambling Thematic Idea Now

Gambling

Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 25 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gambling Theme or any other thematic opportunities.

View All Next

Launch

When determining whether VanEck Vietnam ETF is a strong investment it is important to analyze VanEck Vietnam's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Vietnam's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:

How To Invest In VanEck

Details

ETF Directory

View

Largest VN Index Companies

View

Largest Strategy ETFs Companies

View

Check out VanEck Vietnam Correlation with its peers.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Understanding VanEck Vietnam ETF requires distinguishing between market price and book value, where the latter reflects VanEck's accounting equity. The concept of intrinsic value—what VanEck Vietnam's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push VanEck Vietnam's price substantially above or below its fundamental value.

Please note, there is a significant difference between VanEck Vietnam's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Vietnam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, VanEck Vietnam's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC

VanEck Vietnam Competition

VanEck Vietnam vs Direxion Shares Correlation

Weak diversification

Moving together with VanEck Etf

Moving against VanEck Etf

Specify up to 10 symbols:

VanEck Vietnam Competition Correlation Matrix

High positive correlations

High negative correlations

VanEck Vietnam Constituents Risk-Adjusted Indicators

VanEck Vietnam Competitive Analysis

VanEck Vietnam Competition Performance Charts

Five steps to successful analysis of VanEck Vietnam Competition

Complement your VanEck Vietnam position

Did You Try This Idea?

Run Gambling Thematic Idea Now

Gambling

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY