Premium & Discount — Market Price vs. Intrinsic NAV Spread

Learn how ETF Premium and Discount spreads are calculated and how to use live VWAP spreads on etf.com.vn to optimize trade execution.

An ETF trades at a Premium when its secondary market price on HOSE exceeds its intrinsic NAV/iNAV, and at a Discount when its market price is below NAV/iNAV.

Formula

Premium / Discount (%) = ((Market Price − NAV) / NAV) × 100%

Always check the real-time Price vs. VWAP column on our Market Terminal before placing large orders.

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Frequently Asked Questions

Q.Is buying an ETF at a slight discount (-0.2% to -0.5%) advantageous?

Yes. Buying at a slight discount means you are acquiring the underlying basket of HOSE stocks for slightly less than their current market value.

Related Quantitative Terms

Volatility Tracking Error Sharpe Ratio NAV Expense Ratio Correlation

Disclaimer: This content is for educational and informational purposes only and does not constitute personalized investment advice.

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