Vietnam's ETF complex closed the 30/10/2026 session against a softer equity tape: the VN-Index settled at 1,741.62 points (-0.80%) and the VN30-Index at 1,855.04 (-1.18%), with the benchmark trading between 1,727.00 and 1,748.68 intraday. Across the 24 HOSE-listed ETFs tracked by etf.com.vn, total assets stood at 22.76T VND and total trading value reached 28.69B VND, on breadth of 4 advancers, 11 decliners and 9 unchanged. Foreign investors bought 4.46B VND and sold 9.81B VND of ETF units on the secondary market, a net -5.35B VND, according to HOSE / VCI order-book data on etf.com.vn. The dispersion beneath that headline is the story: DCVFMVN30 (E1VFVN30) attracted +2.43B VND net on the day and +4.40B VND over five sessions, while DCVFMVN Diamond (FUEVFVND) shed -7.40B VND and -13.64B VND respectively. This Vietnam ETF comparison lays out the 1D, 1W, 1M and YTD return matrix, the VWAP dislocation evidence, and the AUM concentration that defines the current market.
Key Takeaways
- FUEVFVND is the largest and most liquid fund but the flow loser: 10,274B VND AUM and 552,800 units traded, yet -7.40B VND foreign net on 1D and -13.64B VND on 5D, with a YTD return of -17.23%.
- E1VFVN30 is the only consistent foreign bid: +2.43B VND (1D) and +4.40B VND (5D) — the single largest positive flow in the entire HOSE ETF segment on a day the segment netted -5.35B VND.
- Short-horizon returns are distorted by thin liquidity: FUESSV30 printed +3.58% on 1D against a -1.18% VN30-Index, closing 4.27% above its 23,832 VND intraday VWAP on just 8,900 units and a 266B VND AUM.
1. October 2026 Session Snapshot: Closing Prices, VWAP and Breadth
All prices below are official closing prices for the 30/10/2026 session. Because the market has closed, the relevant diagnostic is not intraday direction but the relationship between the closing print and the day's volume-weighted average price — a proxy for how aggressively the last hours re-priced each fund, and for premium/discount risk in the thinner names.
Full Vietnam ETF comparison table — returns, flows and AUM (30/10/2026)
| Ticker | Fund | Close | 1D | 1W | 1M | YTD | Volume | Foreign 1D | Foreign 5D | AUM |
|---|---|---|---|---|---|---|---|---|---|---|
| E1VFVN30 | DCVFMVN30 ETF | 33,600 VND | -0.91% | -1.12% | -2.75% | -6.90% | 266K | +2.43B | +4.40B | 5,826B VND |
| FUEVFVND | DCVFMVN Diamond ETF | 31,700 VND | -1.46% | -3.65% | -4.35% | -17.23% | 553K | -7.40B | -13.64B | 10,274B VND |
| FUESSV30 | SSIAM VN30 ETF | 24,850 VND | +3.58% | +2.98% | +1.84% | -1.78% | 9K | -0.08B | -0.27B | 266B VND |
| FUESSV50 | SSIAM VNX50 ETF | 28,790 VND | -0.69% | +1.44% | +1.52% | +1.30% | 1K | +0.01B | -0.06B | 202B VND |
| FUESSVFL | SSIAM VNFIN LEAD ETF | 27,140 VND | -4.20% | -4.67% | -4.94% | -10.61% | 26K | +0.05B | +0.15B | 575B VND |
| FUEKIV30 | KIM Growth VN30 ETF | 13,190 VND | +1.46% | +1.46% | +1.07% | -4.28% | 10K | +0.01B | +0.53B | 2,333B VND |
| FUEKIVFS | KIM Growth VNFINSELECT ETF | 16,710 VND | +0.00% | N/A | +3.02% | -2.05% | 0K | +0.00B | -0.00B | 167B VND |
| FUEKIVND | KIM Growth VN Diamond ETF | 11,610 VND | -0.94% | -3.25% | -3.97% | -17.72% | 0K | -0.04B | -0.00B | 68B VND |
| FUEMAV30 | MAFM VN30 ETF | 23,030 VND | -0.73% | -2.21% | -2.46% | -6.84% | 1K | -0.06B | +0.03B | 514B VND |
| FUEMAVND | MAFM VNDIAMOND ETF | 13,470 VND | -1.17% | -3.99% | -3.79% | -16.34% | 0K | -0.00B | -0.00B | 182B VND |
| FUEVN100 | VinaCapital VN100 ETF | 24,670 VND | +0.00% | -2.10% | -2.91% | -3.63% | 35K | -0.26B | -1.28B | 696B VND |
| FUEDCMID | DCVFMVNMIDCAP ETF | 11,440 VND | -0.09% | -2.97% | -0.52% | -22.75% | 5K | -0.01B | -0.17B | 272B VND |
| VNM | VanEck Vietnam ETF | $16.93 | -0.29% | -0.70% | -0.06% | -11.36% | 503K shs | — | — | — |
| XFVT | Xtrackers FTSE Vietnam ETF | £28.65 | -1.82% | -0.97% | -3.47% | -7.86% | 0K shs | — | — | — |
Close versus intraday VWAP: where the tape re-priced
| Ticker | Close | Intraday VWAP | Close vs VWAP | Volume | Read |
|---|---|---|---|---|---|
| FUESSV30 | 24,850 | 23,832 | +4.27% | 8,900 | Sharp late bid on thin volume — premium risk |
| FUEKIV30 | 13,190 | 12,868 | +2.50% | 9,900 | Persistent bid into the close |
| FUESSV50 | 28,790 | 28,389 | +1.41% | 1,100 | Illiquid; single-print distortion likely |
| FUEMAV30 | 23,030 | 22,818 | +0.93% | 800 | Minimal turnover |
| FUEVN100 | 24,670 | 24,466 | +0.83% | 34,600 | Broad-based demand absorbed supply |
| FUEDCMID | 11,440 | 11,374 | +0.58% | 5,000 | Marginal |
| E1VFVN30 | 33,600 | 33,419 | +0.54% | 265,900 | Clean, liquid close above VWAP |
| FUEVFVND | 31,700 | 31,691 | +0.03% | 552,800 | Flat-to-VWAP despite heavy selling |
| FUESSVFL | 27,140 | 27,455 | -1.15% | 25,900 | Sold hard into the close |
2. Return Horizons: 1D, 1W, 1M and YTD Across the Vietnam ETF Universe
Short horizons: leadership is a microstructure artefact, not alpha
On 1-day returns, FUESSV30 (+3.58%), FUEKIV30 (+1.46%) and the two unchanged funds (FUEKIVFS, FUEVN100 at 0.00%) sit above a market that fell 0.80% on VN-Index and 1.18% on VN30. But FUESSV30's 1-week return is only +2.98% — mathematically, the preceding four sessions contributed roughly -0.58%. With 8,900 units traded and a 266B VND AUM, a 4.27% premium to VWAP is a flow and quoting event, not a re-rating of the VN30 basket (FPT 12.4%, TCB 9.2%, ACB 8.6%, HPG 8.4%, VPB 7.5%, MBB 7.1%, MWG 6.2%). FUEKIV30 shows the same pattern more mildly: +1.46% on 1D and +1.46% on 1W implies a flat prior four sessions, with the close 2.50% above VWAP.
YTD: only one fund in the green, and dispersion reaches 24 percentage points
Year-to-date, FUESSV50 is the sole positive performer at +1.30%, followed by FUESSV30 (-1.78%), FUEKIVFS (-2.05%), FUEVN100 (-3.63%), FUEKIV30 (-4.28%) and FUEMAV30 (-6.84%). At the bottom, FUEDCMID (-22.75%), FUEKIVND (-17.72%), FUEVFVND (-17.23%) and FUEMAVND (-16.34%) define the left tail. The spread between the best and worst HOSE-listed fund is roughly 24 percentage points — a basket-composition story, not a tracking-error story. The VN-Diamond basket is heavily weighted to FPT (15.1%), PNJ (12.8%), MWG (12.4%), GMD (10.6%), ACB (9.8%), TCB (9.1%), MBB (7.9%) and REE (6.8%), i.e. consumer/retail and logistics alongside a 26.8% bank sleeve. The VNFinLead basket is effectively pure bank beta — TCB (14.8%), ACB (14.2%), MBB (13.6%), VPB (12.9%), STB (11.4%) and SSI (7.8%) equal 74.7% — which is exactly why FUESSVFL printed -4.20% on a day VN30 fell 1.18%. For the precise weighting and rebalancing conventions behind these baskets, see our methodology at /en/phuong-phap-tinh.
3. Foreign Flows: Secondary-Market Trades Versus Primary-Market Creation
E1VFVN30 absorbs the bid; FUEVFVND supplies it
The HOSE / VCI order-book data for 30/10/2026 shows foreign investors buying 4.46B VND and selling 9.81B VND of ETF units, netting -5.35B VND. E1VFVN30 was the largest single contributor on the buy side at +2.43B VND on 1D and +4.40B VND cumulatively over 5D, while FUEVFVND was the largest on the sell side at -7.40B VND (1D) and -13.64B VND (5D). Secondary flows of that size, concentrated in the two largest funds (10,274B VND and 5,826B VND AUM), are consistent with institutional rotation out of the Diamond basket into the plain VN30 exposure. Second-order positive flows were marginal: FUESSVFL +0.05B VND, FUESSV50 +0.01B VND and FUEKIV30 +0.01B VND on 1D, with FUEKIV30 the only meaningful 5D accumulator outside E1VFVN30 at +0.53B VND.
Why secondary-market net trading value is not a creation/redemption number
The -5.35B VND segment total is the net value of foreign investors' matched trades on the exchange — it says nothing directly about units created or redeemed with the fund issuer. A positive secondary print can coexist with net redemptions if domestic participants are absorbing the offsetting side, and vice versa. Primary-market activity must be inferred from AUM changes and unit-count disclosures, not from order-book prints. Treat every flow figure in this article as exchange-traded value only.
4. AUM, Liquidity and Where the Assets Actually Sit
Concentration: two funds hold roughly 71% of the listed-vehicle total
Of the 22.76T VND total HOSE ETF AUM, FUEVFVND (10,274B VND) and E1VFVN30 (5,826B VND) alone account for approximately 71%. FUEKIV30 (2,333B VND) and FUEVN100 (696B VND) follow, then a long tail: FUESSVFL 575B, FUEMAV30 514B, FUEDCMID 272B, FUESSV30 266B, FUESSV50 202B, FUEMAVND 182B, FUEKIVFS 167B, FUEKIVND 68B and FUEIP100 64B VND. The thirteen vehicles in the table above aggregate to roughly 21.44T VND, or about 94% of the segment. Liquidity is even more skewed: FUEVFVND (552,800 units) and E1VFVN30 (265,900 units) dominated the tape, with FUEVN100 (34,600) and FUESSVFL (25,900) a distant third and fourth. Nine funds traded fewer than 11,000 units; FUEKIVFS, FUEKIVND and FUEIP100 printed zero volume.
Practical implication for allocation and execution
For any position above a few billion VND, only E1VFVN30 and FUEVFVND offer credible two-way liquidity on HOSE. Everything else carries an execution premium: FUEKIVND traded 0 units with -0.04B VND foreign net, FUEMAVND 100 units, FUESSV50 1,100 units. Where a fund closes 4.27% above its own VWAP on 8,900 units, the investor is paying for the privilege of liquidity that is not there. Run the screening on /en/cong-cu/so-sanh before sizing, review the full vehicle list at /en/san-pham, and read the E1VFVN30 fact sheet at /en/san-pham/e1vfvn30. Offshore comparables behaved similarly: VanEck Vietnam ETF (VNM) closed at $16.93, -0.29% on 1D and -11.36% YTD on 503K shares, while Xtrackers FTSE Vietnam (XFVT) closed at £28.65, -1.82% on 1D and -7.86% YTD on zero volume.
Frequently Asked Questions
1. Which Vietnam ETF has the best year-to-date return as of 30/10/2026?
FUESSV50 (SSIAM VNX50 ETF) at +1.30% YTD, the only positive performer among the 13 vehicles compared. It is followed by FUESSV30 at -1.78% and FUEKIVFS at -2.05%. The worst is FUEDCMID at -22.75%, a spread of roughly 24 percentage points between best and worst.
2. How large is the Vietnam ETF market and who dominates it?
Total HOSE ETF AUM stands at 22.76T VND across 24 funds, with 28.69B VND of trading value on 30/10/2026. FUEVFVND (10,274B VND) and E1VFVN30 (5,826B VND) hold approximately 71% of that total, and were also the two most liquid funds at 552,800 and 265,900 units respectively.
3. Why did FUESSV30 rise 3.58% when the VN30-Index fell 1.18%?
Because the move was a pricing dislocation, not a basket re-rating. FUESSV30 closed at 24,850 VND against an intraday VWAP of 23,832 VND, a +4.27% premium, on only 8,900 units traded and a 266B VND AUM. Its 1-week return of +2.98% implies the prior four sessions were slightly negative, and its foreign flow was -0.08B VND (1D) and -0.27B VND (5D).
Compare live return, VWAP, AUM and foreign-flow data across all HOSE-listed ETFs on our comparison tool, review session-level breadth on the Vietnam ETF market page, screen the full fund line-up at /en/san-pham, and build a diversified ETF sleeve with the portfolio builder.
Disclaimer: This content is for informational purposes only and does not constitute personal investment advice.