The Vietnam ETF tape is currently in the afternoon session of 04/11/2026, and the large-cap passive complex is trading firmly above its own intraday VWAP. E1VFVN30 is changing hands at 33,300 VND (+1.80%), a 1.38% premium to its VWAP of 32,848 VND, while FUEVFVND prints 31,370 VND (+2.18%), 1.09% above a 31,031 VND VWAP. FUESSVFL leads on relative strength at 27,900 VND (+2.95%), 1.48% above VWAP — all against a VN-Index at 1,731.53 pts (+1.88%) and VN30-Index at 1,857.34 pts (+2.30%), per HOSE/VCI order-book data on etf.com.vn. Note these are live matched prices, not closing prices.
Key Takeaways
- All three flagship ETFs are trading above intraday VWAP — E1VFVN30 +1.38%, FUEVFVND +1.09%, FUESSVFL +1.48% — signalling late-session demand rather than distribution.
- HOSE ETF foreign investors bought 6.54B VND and sold 13.03B VND, a net -6.49B VND; E1VFVN30 accounts for -2.70B VND and FUEVFVND -1.96B VND of that secondary-market flow.
- Total HOSE ETF AUM stands at 22.51T VND on 22.82B VND of session turnover, with breadth of 12 advancers, 3 decliners and 9 unchanged across 24 funds.
Market Backdrop: VN30 Outperformance Drives Passive Beta
Index and Breadth Snapshot
The VN30-Index's +2.30% advance outpaced the broad VN-Index by 42 basis points, mechanically favouring the VN30-tracking cohort. Concentration explains the dispersion: the VN30 basket is led by FPT (12.4%), TCB (9.2%), ACB (8.6%), HPG (8.4%) and VPB (7.5%), while the VN-Diamond basket carries FPT (15.1%), PNJ (12.8%), MWG (12.4%) and GMD (10.6%) — a heavier single-name tilt that helps explain FUEVFVND's steeper YTD drawdown of -18.41% versus -8.01% for E1VFVN30.
Price vs. Intraday VWAP: Where the Large ETFs Traded
Comparative Table: Premium to VWAP
| Ticker | Fund | Price (VND) | 1D | Intraday VWAP | Price vs VWAP | Volume | Foreign Net 1D | AUM |
|---|---|---|---|---|---|---|---|---|
| E1VFVN30 | DCVFMVN30 ETF | 33,300 | +1.80% | 32,848 | +1.38% | 311,900 | -2.70B | 5,788B |
| FUEVFVND | DCVFMVN Diamond ETF | 31,370 | +2.18% | 31,031 | +1.09% | 295,400 | -1.96B | 10,183B |
| FUESSVFL | SSIAM VNFIN LEAD ETF | 27,900 | +2.95% | 27,493 | +1.48% | 49,700 | -1.14B | 591B |
| FUEKIV30 | KIM Growth VN30 ETF | 12,700 | +1.93% | 12,625 | +0.60% | 4,100 | +0.05B | 2,247B |
| FUESSV30 | SSIAM VN30 ETF | 23,200 | +0.00% | 23,018 | +0.79% | 17,200 | -0.34B | 248B |
Reading the VWAP Premium
A positive price-to-VWAP gap means the marginal buyer is paying above the session's volume-weighted average — consistent with a strengthening tape into the close. FUESSVFL's +1.48% is the widest among the three, helped by the VNFinLead basket's bank-heavy construction: TCB (14.8%), ACB (14.2%), MBB (13.6%), VPB (12.9%), STB (11.4%) and SSI (7.8%). By contrast, FUESSV50 is the outlier at 27,060 VND (-3.25%), trading 0.56% below its 27,213 VND VWAP on only 6,400 units. Compare live spreads on the ETF comparison tool.
Foreign Flows: Secondary Market vs. Primary Market
Order-Book Net Selling, Not Redemptions
The -6.49B VND headline is secondary-market foreign net trading value on HOSE — matched order-book activity — and must not be conflated with primary-market ETF creation/redemption flows, which are not reported in this dataset. On a 5-day basis, FUEVFVND shows -7.52B VND, the heaviest in the group, versus -0.51B VND for E1VFVN30 and -1.37B VND for FUESSVFL. For context, passive ETFs hold 70.75T VND, or 25.4% of the ~278.0T VND Vietnam fund industry NAV across 139 funds.
Track constituent-level flows via stock lookup, review fund profiles for E1VFVN30, FUEVFVND and FUESSVFL, and monitor the broader tape on the Vietnam ETF market page.
Frequently Asked Questions
1. Why is E1VFVN30 trading above its intraday VWAP?
E1VFVN30 is at 33,300 VND versus a 32,848 VND VWAP, a +1.38% premium, indicating that later-session trades are executing above the day's volume-weighted average price.
2. Does the -6.49B VND foreign net figure mean ETF redemptions?
No. It is foreign net trading value on the HOSE secondary order book (buy 6.54B VND, sell 13.03B VND). Primary-market creation and redemption activity is a separate flow and is not reflected in this number.
3. Which ETF shows the strongest relative strength this session?
FUESSVFL, up 2.95% to 27,900 VND and 1.48% above its 27,493 VND VWAP, ahead of FUEVFVND (+1.09% vs VWAP) and E1VFVN30 (+1.38% vs VWAP).
Build your own exposure with the portfolio builder or size allocations via the ETF savings planner.
Disclaimer: This content is for informational purposes only and does not constitute personal investment advice.