IDX: VANECK INDONESIA INDEX ETF
Share-split context: A forward split was recorded on Feb 1, 2011 with coefficient 3.000003. A forward split turns each old share into multiple new shares and lowers the quoted price per share proportionally. Proportional ownership is unchanged at the split moment, so the split itself creates neither a gain nor a loss. The price-return figures in this report are already split-adjusted.
What this ETF is trying to do
The VanEck Indonesia Index ETF (IDX) is designed to provide investors with exposure to the Indonesian stock market. It holds a variety of companies based in Indonesia, allowing investors to track the performance of that region's economy through a single fund.
What the numbers show
The current price of IDX is $10.81. The fund has experienced a significant share-price decline across several timeframes. The year-to-date (YTD) price return is -34.52%, and the one-year price return is -33.11%. Looking further back, the three-year price return is -37.84%.
When including distributions, the total return figures are slightly different but still negative. The one-year total return is -31.74%, and the three-year total return is -31.60%. The five-year total return is -37.16%.
This ETF has a history of a forward split (most recently in February 2011). In a forward split, each old share becomes multiple new shares, and the price per share drops proportionally. This change does not create a gain or loss; it simply changes the number of shares an investor owns.
Income and distribution explanation
IDX has a distribution yield of approximately 3.18%. Over the last 12 months, it has made one payout totaling $0.34. The distribution frequency is described as irregular or less frequent.
It is important for beginners to remember that a distribution yield is not the same as a total return. While the fund provides some cash income, that income has not been enough to offset the decline in the share price.
NAV erosion explanation
The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, the fund has a severe erosion-risk flag. This warning was triggered because the split-adjusted price trend and the erosion-risk score of 30 indicate "significant price erosion." This means the market price of the ETF has dropped substantially over time.
Top Holdings
As of October 8, 2026, the fund holds 71 assets. Because the list is partial, these are the Top Holdings:
• PT Bank Central Asia Tbk: 8.31%
• PT Bank Mandiri (Persero) Tbk: 6.32%
• PT Telkom Indonesia (Persero) Tbk ADR: 5.81%
• PT Astra International Tbk: 4.76%
• Jardine Matheson Holdings Ltd: 4.06%
Pros
• Provides a way to invest in the Indonesian market.
• Pays out cash distributions to shareholders.
Cons
• Significant share-price decline over one, three, and five years.
• Irregular distribution schedule.
• Severe erosion-risk flag.
Beginner takeaway
The VanEck Indonesia Index ETF (IDX) offers exposure to Indonesia but has seen a steep drop in price recently. While it pays a distribution yield of 3.18%, the total returns remain deeply negative. Investors should be aware that a high or steady yield does not guarantee that the original investment value (the principal) will be preserved.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | PT BANK CENTRAL ASIA TBK | n/a | 8.31% |
| 2 | n/a | n/a | 8.11% |
| 3 | PT BANK MANDIRI (PERSERO) TBK | n/a | 6.32% |
| 4 | PT TELKOM INDONESIA (PERSERO) TBK ADR | TLK | 5.81% |
| 5 | PT ASTRA INTERNATIONAL TBK | n/a | 4.76% |
| 6 | JARDINE MATHESON HOLDINGS LTD | n/a | 4.06% |
| 7 | PT AMMAN MINERAL INTERNASIONAL TBK | n/a | 3.40% |
| 8 | PT BARITO RENEWABLES ENERGY TBK | n/a | 2.71% |
| 9 | n/a | n/a | 2.64% |
| 10 | PT BUMI RESOURCES MINERALS TBK | n/a | 2.63% |