VanEck Vietnam ETF (VNM)Focused Region | Exchange Traded Fund | Cboe US
18.18 USD
-0.06
(-0.329%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 18.17 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:50 a.m. EDT
The VanEck Vietnam ETF presents a compelling long-term thesis driven by exposure to one of Southeast Asia's fastest-growing economies, yet the current price action tells a story of deep skepticism. While the underlying business quality has improved dramatically over the last year with a nearly 40% annual gain, the market has punished the asset for six consecutive years of prior declines, leaving it trading at a discount relative to its recent recovery. However, the immediate outlook remains precarious. The options market is screaming caution, with a massive wall of put open interest at strikes far below the current price, indicating that speculators are betting hard on a continuation of the downtrend or a significant correction. This defensive positioning clashes with the fundamental narrative of a turning point in Vietnam's market reforms. For the short term, the heavy put weight and lack of bullish catalysts suggest a neutral-to-bearish bias, making it difficult to justify a high-conviction entry despite the attractive valuation relative to the recent recovery. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.039370 |
| AutoETS | 0.040125 |
| MSTL | 0.044042 |
| AutoTheta | 0.056828 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 51% |
| H-stat | 2.30 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.409 |
| Excess Kurtosis | -0.82 |
| Attribute | Value |
|---|---|
| Trailing P/E | 15.18 |
As of Aug. 22, 2026, 5:50 a.m. EDT: Speculators are heavily positioned for downside protection, with out-of-the-money put open interest significantly outweighing call open interest across all expirations. The strike distribution for puts shows massive concentration at strikes well below the current price (e.g., 13.0 and 15.0), while call positioning is sparse and clustered near the money or slightly out-of-the-money. This asymmetry suggests a market consensus expecting volatility or a decline rather than a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.20% | 0.20% | 1.88% | 1.42% |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-22 | 0.038 | 0.204191 |
| 2023-12-27 | 0.019 | 0.148206 |
| 2023-12-18 | 0.655 | 5.286521 |
| 2022-12-28 | 0.003 | 0.025316 |
| 2022-12-19 | 0.111 | 0.913580 |
| 2021-12-20 | 0.103 | 0.500000 |
| 2020-12-21 | 0.070 | 0.415924 |
| 2019-12-30 | 0.016 | 0.100566 |
| 2019-12-23 | 0.105 | 0.664978 |
| 2018-12-20 | 0.122 | 0.816054 |
| 2017-12-27 | 0.025 | 0.144844 |
| 2017-12-18 | 0.152 | 0.899408 |
| 2016-12-19 | 0.318 | 2.463207 |
| 2015-12-29 | 0.047 | 0.316712 |
| 2015-12-21 | 0.499 | 3.487072 |
| 2014-12-22 | 0.510 | 2.756757 |
| 2013-12-23 | 0.599 | 3.232596 |
| 2012-12-24 | 0.367 | 2.121387 |
| 2011-12-23 | 0.163 | 1.084498 |
| 2010-12-23 | 0.342 | 1.306341 |
| 2009-12-23 | 0.036 | 0.144173 |
| Attribute | Value |
|---|---|
| All Time High | 32.2 |
| All Time Low | 9.3 |
| Ask | 18.18 |
| Ask Size | 800 |
| Average Daily Volume10 Day | 405,720 |
| Average Daily Volume3 Month | 639,456 |
| Average Volume | 639,456 |
| Average Volume10Days | 405,720 |
| Beta3 Year | 1.05 |
| Bid | 18.17 |
| Bid Size | 500 |
| Category | Focused Region |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.235 |
| Day Low | 18.105 |
| Dividend Yield | 0.22 |
| Eps Trailing Twelve Months | 1.1974461 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 17.6162 |
| Fifty Day Average Change | 0.5638008 |
| Fifty Day Average Change Percent | 0.03200468 |
| Fifty Two Week Change Percent | 0.55127144 |
| Fifty Two Week High | 19.85 |
| Fifty Two Week High Change | -1.6700001 |
| Fifty Two Week High Change Percent | -0.08413099 |
| Fifty Two Week Low | 16.22 |
| Fifty Two Week Low Change | 1.960001 |
| Fifty Two Week Low Change Percent | 0.12083854 |
| Fifty Two Week Range | 16.22 - 19.85 |
| First Trade Date Milliseconds | 1,250,256,600,000 |
| Five Year Average Return | -0.0021356 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.0599995 |
| Fullday Change Percent | -0.328944 |
| Fullday Price | 18.17 |
| Fund Family | VanEck |
| Fund Inception Date | 1,249,948,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes securities of Vietnamese companies. A company is generally considered to be a Vietnamese company if it is incorporated in Vietnam. It is non-diversified. |
| Long Name | VanEck Vietnam ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_62001319 |
| Nav Price | 18.03 |
| Net Assets | 496,400,288.0 |
| Net Expense Ratio | 0.66 |
| Open | 18.2 |
| Phone | 888-658-8287 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.055006757 |
| Post Market Price | 18.17 |
| Post Market Time | 1,787,959,805 |
| Previous Close | 18.24 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0599995 |
| Regular Market Change Percent | -0.328944 |
| Regular Market Day High | 18.235 |
| Regular Market Day Low | 18.105 |
| Regular Market Day Range | 18.105 - 18.235 |
| Regular Market Open | 18.2 |
| Regular Market Previous Close | 18.24 |
| Regular Market Price | 18.18 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 709,659 |
| Short Name | VanEck Vietnam ETF |
| Source Interval | 15 |
| Symbol | VNM |
| Three Year Average Return | 0.0974539 |
| Total Assets | 496,400,288 |
| Tradeable | 0 |
| Trailing P E | 15.182312 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -8.95601 |
| Trailing Three Month Returns | -8.95601 |
| Triggerable | 1 |
| Two Hundred Day Average | 18.2003 |
| Two Hundred Day Average Change | -0.020299911 |
| Two Hundred Day Average Change Percent | -0.0011153613 |
| Type Disp | ETF |
| Volume | 709,659 |
| Yield | 0.0022 |
| Ytd Return | -8.76261 |