VN30 vs VN Diamond Strategy: Which ETF Leads the Cash Flow in June 2026?

As of June 4, 2026, the Vietnamese ETF market is showing clear divergence between two dominant strategies: VN30 and VN Diamond. While the VFMVN30 ETF (E1VFVN30) posted a 1-month decline of -1.34% and a YTD drop of -1.94%, the DCVFMVN Diamond ETF (FUEVFVND) experienced a sharper 1-month loss of -2.53% and a YTD slide of -5.59%. This so sánh ETF VN30 và VN Diamond analysis compares the two leading ETFs across key metrics to determine which strategy is currently attracting cash flow and why.

So sánh ETF VN30 và VN Diamond: Performance Comparison

Short-Term Trends (1-Day, 1-Week, 1-Month)

In the most recent trading session, FUEVFVND fell -0.33%, slightly better than E1VFVN30's -0.59%. Over the past week, the VN Diamond ETF declined -0.93%, outperforming the VN30 ETF's -1.80% drop. However, over the past month, the VN30 strategy proved more resilient with a -1.34% return versus the Diamond's -2.53%. This suggests that while Diamond has shown some short-term recovery, the VN30 basket has been less volatile over a 30-day horizon.

Year-to-Date Performance

Year-to-date, E1VFVN30 has lost -1.94%, while FUEVFVND has declined -5.59%. The VN30 strategy has clearly outperformed the Diamond strategy in 2026, with a difference of 3.65 percentage points. This wider gap indicates that the VN30's large-cap focus has better shielded investors from the broader market weakness compared to the Diamond's concentration on high-dividend, mid-cap names.

Trading Volume and Liquidity

Volume data as of June 4 reveals interesting dynamics. FUEVFVND recorded 352K units traded, slightly higher than E1VFVN30's 325K units. Despite its weaker YTD performance, the Diamond ETF continues to attract active trading interest, possibly due to its dividend-focused strategy appealing to income-seeking investors. Meanwhile, other VN30-linked ETFs like FUESSV30 (18K units) and FUEKIVFS (0K units) show significantly lower liquidity, reinforcing that E1VFVN30 remains the primary VN30 vehicle.

Tracking Error and Index Efficiency

Tracking error is a critical metric for ETF investors. Based on the latest data, E1VFVN30's 1-month return of -1.34% closely mirrors the VN30 Index's performance, indicating a low tracking error. In contrast, FUEVFVND's 1-month return of -2.53% suggests a slightly higher tracking error relative to the VN Diamond Index, possibly due to its smaller constituent base and lower liquidity in the underlying stocks. Investors should monitor this divergence when choosing between the two strategies.

Cash Flow and Investor Sentiment

Cash flow data is not explicitly provided, but volume trends offer clues. The higher volume for FUEVFVND (352K) relative to E1VFVN30 (325K) suggests that the Diamond strategy is still drawing active trading interest despite its weaker performance. However, the VN30's better YTD return may be attracting longer-term, buy-and-hold investors. The VanEck Vietnam ETF (VNM) also shows 260K shares traded with a -5.42% YTD return, indicating that international investors are similarly cautious on Vietnam equities.

Which ETF Should You Choose in June 2026?

For investors seeking stability and lower volatility, E1VFVN30 remains the preferred choice given its -1.94% YTD decline and lower tracking error. For those looking for higher dividend yields and are willing to accept greater short-term fluctuations, FUEVFVND offers a distinct strategy. However, the current data suggests that the VN30 strategy is leading in terms of YTD performance and risk-adjusted returns.

Frequently Asked Questions

1. Which ETF has performed better in June 2026: E1VFVN30 or FUEVFVND?

Based on data as of June 4, 2026, E1VFVN30 (VN30) has a YTD return of -1.94%, outperforming FUEVFVND (VN Diamond) which is down -5.59% YTD. In the past month, E1VFVN30 also shows a smaller decline (-1.34%) compared to FUEVFVND (-2.53%).