Investment objective & strategy
As of April 29, 2025 · prospectusObjective. VanEck Indonesia Index ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Indonesia Index (the Indonesia Index or the Index).
Strategy. The Fund normally invests at least 80% of its total assets in securities that comprise the Funds benchmark index. For purposes of this policy, the term assets means net assets plus the amount of any borrowings for investment purposes. The Indonesia Index includes securities of Indonesian companies. A company is generally considered to be an Indonesian company if it is incorporated in Indonesia or is incorporated outside of Indonesia but has at least 50% of its revenues/related assets in Indonesia. Such companies may include small- and medium-capitalization companies. As of December 31, 2024, the Indonesia Index included 56 securities of companies with a market capitalization range of between approximately $0.94 billion and $77.10 billion and a weighted average market capitalization … The Fund normally invests at least 80% of its total assets in securities that comprise the Funds benchmark index. For purposes of this policy, the term assets means net assets plus the amount of any borrowings for investment purposes. The Indonesia Index includes securities of Indonesian companies. A company is generally considered to be an Indonesian company if it is incorporated in Indonesia or is incorporated outside of Indonesia but has at least 50% of its revenues/related assets in Indonesia. Such companies may include small- and medium-capitalization companies. As of December 31, 2024, the Indonesia Index included 56 securities of companies with a market capitalization range of between approximately $0.94 billion and $77.10 billion and a weighted average market capitalization of $24.61 billion.These amounts are subject to change. The Funds 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days prior written notice to shareholders. The Fund, using a passive or indexing investment approach, attempts to approximate the investment performance of the Indonesia Index by investing in a portfolio of securities that generally replica tes the Indonesia Index. Unlike many investment companies that try to beat the performance of a benchmark index, the Fund does not try to beat the Indonesia Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Indonesia Index. The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the Investment Company Act of 1940), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Indonesia Index concentrates in an industry or group of industries. As of December 31, 2024, each of the financials, basic materials and consumer staples sectors represented a significant portion of the Fund.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| BANK CENTRAL ASI | — | $2.41M | 8.06% |
| Bank Rakyat Indonesia Persero Tbk PT | — | $2.38M | 7.95% |
| BANK MANDIRI | — | $2.14M | 7.17% |
| Telkom Indonesia(Persero) Tbk PT ADR EA REP 100 SER'B'IDR250 | TLK US | $2.07M | 6.90% |
| ASTRA INTERNATIO | — | $1.74M | 5.81% |
| DIAN SWASTATIKA | — | $1.39M | 4.66% |
| PT. Barito Renewables Energy | BREN IJ | $1.15M | 3.86% |
| AMMAN MINERAL IN | — | $974.87K | 3.26% |
| PT. Chandra Asri Petrochemical | TPIA | $848.31K | 2.84% |
| State Street Navigator Securities Lending Government Money Market Portfolio | — | $773.19K | 2.58% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| iShares MSCI Indonesia ETF · EIDO | 67% | 0.59% |
| Global X FTSE Southeast Asia ETF · ASEA | 9% | 0.65% |
| iShares Emerging Markets Dividend ETF · DVYE | 9% | 0.50% |
Advisers
| Firm | Role |
|---|---|
| Van Eck Associates Corporation | Adviser |
Footnotes
- Expense ratio as of April 29, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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