HOSE's 24 listed ETFs closed the 03/11/2026 session on a split tape: the VN30-Index added +0.12% to 1,815.60 points while the VN-Index slipped -0.65% to 1,699.62, with total ETF trading value of 21.51B VND against sector AUM of 22.09T VND. According to HOSE / VCI order-book data on etf.com.vn, all three flagship large-cap ETFs settled within 0.7% of their intraday VWAP — orderly execution rather than forced liquidation.
Key Takeaways
- E1VFVN30 closed at 32,710 VND (-0.73%), a +0.32% premium to its 32,605 VND VWAP, on 384,200 units and +0.04B VND of foreign net buying (5D: +3.73B VND).
- FUEVFVND closed at 30,700 VND (-0.32%), or +0.24% above its 30,626 VND VWAP, yet its 5-day foreign net flow remained negative at -6.88B VND.
- FUESSVFL was the outlier, closing at 27,100 VND (-0.73%) or -0.65% below its 27,279 VND VWAP, as aggregate HOSE ETF foreign net selling reached -102.10B VND.
VWAP Premium and Discount Across the Three Flagship ETFs
E1VFVN30: Buyers Paid Above VWAP
E1VFVN30 printed 32,710 VND, +0.32% above its 32,605 VND intraday VWAP, despite a -0.73% one-day decline and -3.79% over one week. Foreign investors were marginal net buyers (+0.04B VND on the day, +3.73B VND over five sessions) and AUM stands at 5,678B VND. Concentration remains in FPT (12.4%), TCB (9.2%) and ACB (8.6%) of the VN30 basket.
FUEVFVND: Diamond Basket Holds Its VWAP
FUEVFVND closed 30,700 VND (-0.32%) versus a 30,626 VND VWAP, a +0.24% premium, on 146,100 units. The fund is the largest of the three at 9,950B VND AUM, with FPT (15.1%), PNJ (12.8%) and MWG (12.4%) dominating the VN-Diamond basket. Year-to-date performance of -19.84% explains persistent de-risking.
FUESSVFL: Close Below VWAP Signals Supply
FUESSVFL finished at 27,100 VND against a 27,279 VND VWAP — a -0.65% discount — on 20,300 units, the weakest VWAP print of the trio. AUM is 574B VND, with the VNFinLead basket led by TCB (14.8%), ACB (14.2%) and MBB (13.6%).
Session Comparison Table
Price, VWAP and Foreign Flow Snapshot
| Ticker | Close (VND) | 1D | Intraday VWAP | Close vs VWAP | Volume | Foreign Net 1D | AUM |
|---|---|---|---|---|---|---|---|
| E1VFVN30 | 32,710 | -0.73% | 32,605 | +0.32% | 384,200 | +0.04B VND | 5,678B VND |
| FUEVFVND | 30,700 | -0.32% | 30,626 | +0.24% | 146,100 | -0.32B VND | 9,950B VND |
| FUESSVFL | 27,100 | -0.73% | 27,279 | -0.65% | 20,300 | -0.26B VND | 574B VND |
Foreign Flows: Secondary Market Versus Primary Creation
Where the -102.10B VND Actually Came From
According to HOSE / VCI order-book data on etf.com.vn, foreign investors bought 7.11B VND and sold 109.22B VND of HOSE-listed ETFs, netting -102.10B VND. This measures secondary-market trading value, not primary-market creation or redemption. KIM Growth VN30 (FUEKIV30) alone accounted for -99.04B VND, with its close just -0.05% from VWAP — consistent with block-driven execution rather than broad repricing.
Positioning Implications
Passive ETFs Versus Active Funds
Passive ETFs hold 70.75T VND, or 25.4% of the 278.0T VND Vietnamese fund industry, with TERs of 0.50%–0.80% versus 1.75%–2.00% for active equity funds. Review fund pages for E1VFVN30, FUEVFVND and FUESSVFL, track live spreads on the market dashboard, and run fee and tracking comparisons via the ETF comparison tool.
Frequently Asked Questions
1. What was E1VFVN30's closing price versus its VWAP on 03/11/2026?
E1VFVN30 closed at 32,710 VND (-0.73%), which is +0.32% above its 32,605 VND intraday VWAP, on 384,200 units with +0.04B VND of foreign net buying.
2. How much did foreign investors net sell in HOSE ETFs?
Net -102.10B VND, from 7.11B VND of buys against 109.22B VND of sells, with FUEKIV30 alone accounting for -99.04B VND.
3. Why did FUESSVFL close below its VWAP?
It closed at 27,100 VND versus a 27,279 VND VWAP (-0.65%), on 20,300 units and -0.26B VND foreign net selling, with the fund down -2.76% over one month and -10.74% YTD.
Disclaimer: This content is for informational purposes only and does not constitute personal investment advice.