VNIE: VONTOBEL INTERNATIONAL EQUITY ACTIVE ETF
What this ETF is trying to do
The Vontobel International Equity Active ETF (VNIE) is an actively managed fund. This means managers choose specific stocks to hold rather than just following a set list. Based on its top holdings, the fund invests in a variety of international companies across different industries, such as technology, banking, and consumer goods.
What the numbers show
As of October 6, 2026, the share price was $24.98.
When looking at performance, it is important to distinguish between price return and total return:
• Price Return: This measures only the change in the share price. The year-to-date (YTD) price return is 6.85%, while the one-year price return is -1.65%.
• Total Return: This reflects the overall return, including distributions. The YTD total return is 6.85%, and the one-year total return is -1.33%.
To put the one-year price return into perspective, if you had invested $10,000 in this ETF roughly one year ago (when the estimated price was $25.40), the value of those shares alone would be worth approximately $9,835.31 today.
Income and distribution explanation
This ETF provides cash distributions to investors, but they happen irregularly. In the last 12 months, there was only one payout. The distribution yield is 0.32%.
It is important for beginners to remember that a distribution yield is not the same as a total return. A yield tells you how much cash the fund paid out relative to its price, but it does not guarantee that the investment is growing or that your original principal is safe.
NAV erosion explanation
"NAV erosion" happens when the internal value of an ETF's assets declines over time. StockValueFinder uses an erosion-risk score to measure this.
VNIE has an erosion score of 94, which is labeled as "Stable / sideways," and the erosion severity is listed as "good." Additionally, the severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.
Top Holdings
The fund holds 54 different assets. As of October 8, 2026, the top holdings (which are a partial list) include:
• Taiwan Semiconductor Manufacturing Co Ltd ADR: 5.87%
• ASML Holding NV: 4.51%
• Keyence Corp: 4.34%
• Coca-Cola Co: 4.32%
• Galderma Group AG: 4.27%
Pros
• The erosion-risk score suggests the fund's price trend is currently stable.
• It provides exposure to a diversified group of global companies.
Cons
• The one-year total return is negative.
• The distribution yield is low, and payouts are infrequent.
Beginner takeaway
VNIE is an international stock fund with a stable erosion-risk profile. While it has seen some growth so far this year, its one-year total return is slightly negative. It is not designed for investors seeking high or regular monthly income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR | TSM | 5.87% |
| 2 | ASML HOLDING NV | n/a | 4.51% |
| 3 | KEYENCE CORP | n/a | 4.34% |
| 4 | COCA-COLA CO | KO | 4.32% |
| 5 | GALDERMA GROUP AG REGISTERED SHARES | n/a | 4.27% |
| 6 | DBS GROUP HOLDINGS LTD | n/a | 4.13% |
| 7 | PANASONIC HOLDINGS CORP | n/a | 3.45% |
| 8 | SINGAPORE TECHNOLOGIES ENGINEERING LTD | n/a | 3.17% |
| 9 | PHILIP MORRIS INTERNATIONAL INC | PM | 3.12% |
| 10 | SIEMENS ENERGY AG ORDINARY SHARES | n/a | 2.81% |