VN30 vs VN Diamond ETF: Which Strategy Is Outperforming in 2026?
In the Vietnamese ETF market, the battle between VN30-based strategies and the VN Diamond strategy remains one of the most watched comparisons of the year. According to the latest Yahoo Finance data as of 25/08/2026, the one-month return of the DCVFMVN Diamond ETF (FUEVFVND) is +9.73%, ahead of the VFMVN30 ETF (E1VFVN30) at +6.30%, but the year-to-date picture is different: E1VFVN30 is down -3.71% while FUEVFVND is down -9.90%. This article breaks down the latest figures and what they mean for investors choosing between the two strategies in August 2026.
VN30 and VN Diamond ETFs: A Quick Snapshot
The table below, based on Yahoo Finance data as of 25/08/2026, shows how the two main ETFs at the center of this comparison, and several related products, currently stand.
| Ticker | Name | Price | 1-Day | 1-Wk | 1-Mo | YTD | Volume |
|---|---|---|---|---|---|---|---|
| E1VFVN30 | VFMVN30 ETF | 34,940 VND | +2.81% | +2.51% | +6.30% | -3.71% | 255K units |
| FUEVFVND | DCVFMVN Diamond ETF | 34,510 VND | -0.06% | +4.10% | +9.73% | -9.90% | 237K units |
| FUESSV30 | SSIAM VN30 ETF | 24,690 VND | +0.78% | +1.27% | +4.35% | -2.41% | 24K units |
| FUESSV50 | SSIAM VNX50 ETF | 28,910 VND | -2.41% | -2.31% | -0.53% | -0.42% | 5K units |
| FUESSVFL | SSIAM VN FINLEAD ETF | 28,880 VND | +1.96% | +1.06% | +6.85% | -5.96% | 14K units |
| FUEKIVFS | KIM Growth VN30 ETF | 17,440 VND | +3.01% | -0.40% | -4.60% | +2.23% | 1K units |
| VNM | VanEck Vietnam ETF | $17.97 | +0.39% | +5.03% | +9.98% | -5.97% | 102K shs |
E1VFVN30: The VN30 Benchmark
E1VFVN30 tracks the VN30 index, which represents the 30 largest listed companies by market capitalisation and liquidity on the Ho Chi Minh Stock Exchange. According to the latest Yahoo Finance data as of 25/08/2026, E1VFVN30 closed at 34,940 VND, up +2.81% on the day. It also rose +2.51% over one week and +6.30% over one month, while its year-to-date return stands at -3.71%. Trading volume reached 255K units in the latest session.
FUEVFVND: The VN Diamond Strategy
FUEVFVND follows a different index methodology from the classic VN30 strategy. Based on the same Yahoo Finance snapshot, it was quoted at 34,510 VND, nearly flat on the day with -0.06%. The ETF gained +4.10% over one week and +9.73% over one month, but its YTD return is -9.90%. Trading volume stood at 237K units.
Performance Battle: Short-Term Momentum vs Year-to-Date
One-week and one-month momentum
On the shortest timeframes included in the data, FUEVFVND is the stronger performer. Over one week, FUEVFVND gained +4.10% versus +2.51% for E1VFVN30. Over one month, FUEVFVND returned +9.73%, a material advantage over E1VFVN30's +6.30%. However, in the latest single session, E1VFVN30 advanced +2.81% while FUEVFVND slipped -0.06%, showing that the two strategies can diverge sharply even within one day.
Year-to-date: A different leader
When the horizon is extended to the whole of 2026, E1VFVN30 moves ahead in this comparison. The VN30 ETF is down -3.71% YTD, while the VN Diamond ETF is down -9.90%. In other words, over the first eight months of the year, the VN30 strategy has been more resilient than the VN Diamond strategy, despite the Diamond ETF's recent momentum. This is a useful reminder that a short-term snapshot does not always confirm the longer-term story.
Volume observations
The latest data also shows trading volume of 255K units for E1VFVN30 and 237K units for FUEVFVND. It is important to emphasize that these are exchange trading volumes, not official fund-flow data. They do not automatically tell us whether new units were created or redeemed.
Beyond the Top Two: VN30 Family and Other Benchmarks
Alternative VN30 products
Investors looking at the VN30 strategy have more choices than just E1VFVN30. The SSIAM VN30 ETF (FUESSV30) closed at 24,690 VND, with a daily gain of +0.78%, a weekly gain of +1.27%, a monthly gain of +4.35%, and a YTD return of -2.41%. The KIM Growth VN30 ETF (FUEKIVFS) closed at 17,440 VND, rising +3.01% on the day but falling -0.40% over one week and -4.60% over one month; its YTD return is +2.23%, the only positive YTD figure among the VN30 products shown in the table. These differences remind us that ETFs tracking the same index can still show a range of price behavior depending on the specific product and data period.
Broader indices and sector ETFs
The same data set also reveals how broader-market and sector strategies are moving in August 2026. SSIAM VNX50 ETF (FUESSV50) is at 28,910 VND, down -2.41% on the day and -2.31% over the week; its one-month return is -0.53% and YTD is -0.42%. SSIAM VN FINLEAD ETF (FUESSVFL) is at 28,880 VND, up +1.96% daily, +1.06% weekly and +6.85% monthly, with YTD at -5.96%. For investors with global access, VanEck Vietnam ETF (VNM) closed at $17.97, up +0.39% on the day, +5.03% over the week and +9.98% over the month, while YTD is -5.97%, with volume of 102K shares.
What These Numbers Tell Us About ETF Strategies in 2026
Momentum versus resilience
The August 2026 data suggests investors are weighing two very different signals. If the goal is to capture the most recent uptrend, the VN Diamond strategy has been the stronger performer on both one-week and one-month horizons. If the goal is to evaluate performance since the start of the year, the VN30 strategy, represented by E1VFVN30, has lost less ground. Both are valid lenses, but they answer different questions.
Product-level differences matter
The comparison also shows that there is no single VN30 outcome. FUESSV30 is down -2.41% YTD and FUEKIVFS is up +2.23% YTD, while E1VFVN30 is down -3.71% YTD. Similarly, FUEVFVND's -9.90% YTD is not necessarily representative of all alternative index strategies, given that FUESSV50 has a YTD return of just -0.42%. Investors should compare specific ETFs rather than assuming that all products in the same category behave identically.
Choosing Between VN30 and VN Diamond ETF: Next Steps
Understand the methodology
The VN30 index is a cap-weighted benchmark of the 30 largest liquid stocks, while the VN Diamond index applies a different stock-selection and weighting approach. In practice, this can lead to divergent performance, as shown by the data above. Before choosing, review the index methodology and the ETF fact sheet of each product.
Use etf.com.vn comparison tools
etf.com.vn offers a dedicated comparison tool that allows you to put E1VFVN30, FUEVFVND and other ETFs side by side. You can access it at /cong-cu/so-sanh, browse the full product universe at /san-pham, and review the latest market context at /thi-truong. For direct product information, see the E1VFVN30 page and the FUEVFVND page.
Frequently Asked Questions
What is the main difference between VN30 and VN Diamond ETFs?
VN30 ETFs track the VN30 index, which includes the 30 largest stocks by market value and liquidity on the Ho Chi Minh Stock Exchange. The VN Diamond ETF tracks the VN Diamond Index, which uses a different selection and weighting methodology. Based on the latest data as of 25/08/2026, E1VFVN30 closed at 34,940 VND and FUEVFVND at 34,510 VND, with different return profiles across timeframes.
Which ETF has performed better in 2026 so far?
It depends on the horizon. According to the latest Yahoo Finance data, E1VFVN30 has the better year-to-date return at -3.71% versus -9.90% for FUEVFVND. However, over one month, FUEVFVND is clearly ahead at +9.73% versus +6.30% for E1VFVN30. Among the other products in the table, FUEKIVFS has the best YTD return at +2.23%.
Where can I compare VN30 and VN Diamond ETFs side by side?
etf.com.vn provides product pages and a comparison tool. You can visit /cong-cu/so-sanh to compare ETFs such as E1VFVN30 and FUEVFVND, or explore all products at /san-pham.
Ready to explore your options? Compare E1VFVN30 and FUEVFVND directly with our ETF comparison tool, or visit the product pages for detailed information: E1VFVN30 and FUEVFVND.
This content is for informational purposes only and does not constitute personal investment advice.