As of the 14/08/2026 trading session, Vietnam's two most-watched ETF strategies are moving in opposite directions: the DCVFMVN Diamond ETF (FUEVFVND) is down 12.53% year-to-date, while the VFMVN30 ETF (E1VFVN30) has posted a more moderate 6.07% decline — leaving a 6.46 percentage-point gap between the two flagship funds. In the latest week, however, the Diamond ETF has turned relatively firmer (+0.33%) while the classic VN30 fund slipped 1.02%. This VN30 vs VN Diamond ETF analysis compares the two products on strategy, long-term flow signals and tracking-error risks, using Yahoo Finance trading data as of 14/08/2026.
VN30 vs VN Diamond ETF: What They Are Built On
VN30 ETFs — blue-chip breadth, three wrappers
The VN30 index selects the 30 largest and most liquid stocks on the Ho Chi Minh Stock Exchange. Because banking and financial companies make up a significant share of the index, VN30 ETFs are effectively a bet on the financial core of the Vietnamese economy. In the current dataset, investors can access this strategy through three funds: E1VFVN30 (VFMVN30 ETF), FUESSV30 (SSIAM VN30 ETF) and FUEKIVFS (KIM Growth VN30 ETF). Although they share the same benchmark, as of the 14/08/2026 session they do not share the same return path — which is why tracking analysis matters.
VN Diamond ETF — a quality filter that excludes financials
The DCVFMVN Diamond ETF (FUEVFVND) tracks the VNDiamond index, a strategy that applies business-performance filters and excludes banking, securities and insurance stocks. The result is a portfolio tilted toward consumer, industrial and real estate leaders. That may sound similar to VN30, but the composition gap is large enough to produce meaningful performance differences — and 2026 has been a textbook case.
VN30 vs VN Diamond ETF: Price Action as of 14/08/2026
Based on Yahoo Finance trading data as of 14/08/2026, the VN30 vs VN Diamond ETF comparison tells two different stories across every horizon except the one-month window:
| Ticker | Fund | Price | 1-Day | 1-Wk | 1-Mo | YTD | Volume |
|---|---|---|---|---|---|---|---|
| E1VFVN30 | VFMVN30 ETF | 33,900 VND | -1.85% | -1.02% | -2.95% | -6.07% | 429K units |
| FUEVFVND | DCVFMVN Diamond ETF | 33,500 VND | -0.45% | +0.33% | -3.57% | -12.53% | 152K units |
The VN30 complex in August 2026
E1VFVN30 closed at 33,900 VND, down 1.85% on the 14/08 session and 1.02% on the week, bringing its 2026 loss to 6.07% YTD. Across the other VN30-trackers, FUESSV30 has held up better on a YTD basis at -4.78% but posted the sharpest single-day drop in the dataset at -4.02%. At the other extreme, FUEKIVFS shows a positive 2.93% YTD — yet its latest-session volume was just 0K units, meaning the price signal comes with minimal trading interest. Low liquidity makes such a return figure harder to rely on.
The Diamond complex in August 2026
FUEVFVND ended the 14/08 session at 33,500 VND, just 400 VND below E1VFVN30. Its one-day decline of 0.45% was far milder than the VN30 fund's 1.85% drop, and it even gained 0.33% over the week while E1VFVN30 lost 1.02%. Over longer horizons, however, the picture reverses: the Diamond ETF is down 3.57% over the month versus 2.95% for E1VFVN30, and 12.53% YTD versus 6.07%. For a global perspective, the US-listed VanEck Vietnam ETF (VNM) validates the choppier side of the story, at $17.16 with a 10.20% YTD decline.
"Long-Term Flows" — What the Data Can and Cannot Prove
Trading volume is not fund flow
A common mistake is to describe high trading volume as "capital inflow" into an ETF. True ETF fund flow is measured by changes in shares outstanding multiplied by NAV — i.e., primary-market creation and redemption activity. Our dataset contains only secondary-market turnover, not this primary-market signal; for a fuller explanation, see our ETF fund flows vs volume guide. This distinction is especially important when comparing the 429K units of E1VFVN30 and 152K units of FUEVFVND: trading volume alone cannot prove that money is flowing into one strategy and out of the other.
VN30 vs VN Diamond ETF: What Long-Term Investors Should Watch
Over a single session, the two funds can move in opposite directions; over a full cycle, the difference is mostly explained by index construction, sector exposure and the quality of each ETF's tracking. For long-term investors, the real risk is not the daily NAV drift but the secondary-market tracking-error risks that volume data alone cannot reveal. The VN30 vs VN Diamond ETF decision therefore depends on whether you want financial-sector beta or a filtered, financials-free portfolio — and on how much tracking divergence you can tolerate while holding through volatile Vietnam sessions.