Vietnamese stocks (swap-based)
Vietnamese stocks: Vingroup, Vinhomes, Hoa Phat steel, Vietcombank, Masan consumer goods. Vietnam restricts foreign ownership, so this fund uses derivatives to track the market rather than holding the shares directly. That means extra counterparty risk on top of the usual frontier-market risks.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Rare way to access Vietnam's fast-growing economy
- Vietnam benefits from manufacturing leaving China
- Reinvests dividends automatically
- Uses derivatives (swaps): extra counterparty risk
- Frontier market: illiquid, governance concerns
- High fee (0.85%) and can drop 30%+ in bad years
About this fund
Vietnam restricts foreign ownership of equities, so this ETF uses derivatives (swaps) to replicate the FTSE Vietnam index. That introduces counterparty risk on top of the usual frontier-market risks (illiquidity, governance).
Available on Interactive Brokers
Low-cost access to Vietnamese stocks (swap-based) and 10,000+ funds worldwide.
Frequently asked questions
Is XVTD.L accumulating or distributing?
Xtrackers FTSE Vietnam Swap UCITS ETF 1C (XVTD.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for XVTD.L?
XVTD.L has a total expense ratio (TER) of 0.85% per year. On a $10,000 holding that is roughly $85 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy XVTD.L on Interactive Brokers?
Yes. XVTD.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does XVTD.L invest in?
Xtrackers FTSE Vietnam Swap UCITS ETF 1C (XVTD.L) tracks the FTSE Vietnam. Vietnamese stocks: Vingroup, Vinhomes, Hoa Phat steel, Vietcombank, Masan consumer goods. You buy one fund and get the whole basket in a single trade.
Is XVTD.L a UCITS ETF, and where is it domiciled?
Yes, XVTD.L is a UCITS ETF domiciled in Luxembourg. For non-US investors, EU-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is XVTD.L?
On the TickerCompare 1 to 5 scale, XVTD.L is rated higher risk (5/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.