OZRvsMVR
Two ways to own Australia's mining giants. Which index is better?
SPDR S&P/ASX 200 Resources Fund · VanEck Australian Resources ETF
OZR and MVR both hold Australian mining and resources stocks but weight them differently. OZR is market-cap weighted (largest miners dominate); MVR uses a modified index with different inclusions. The effective portfolio difference is worth checking before committing.
Score Breakdown
Fund Profiles
As one of Australia's oldest sector ETFs, OZR has been listed on the ASX since 2001 and is managed by State Street's SPDR, tracking the S&P/ASX 200 Resources Index. The fund is market-cap weighted, which means heavyweight miners BHP and Rio Tinto dominate the portfolio, creating significant single-stock concentration at the top of the holdings list. Investors seeking a tactical or strategic overweight to Australian resources - particularly those with a bullish view on commodity prices and mining sector earnings - will find OZR a liquid, well-established vehicle.
VanEck manages MVR, an ASX-listed ETF tracking the MVIS Australia Resources Index, providing concentrated exposure to Australian companies involved in mining, energy, and natural resources. The index uses a modified market-cap weighting methodology that limits single-stock concentration differently from traditional market-cap-weighted peers like OZR, potentially offering a more balanced spread across resource names. Investors seeking dedicated Australian resources exposure with reduced reliance on the very largest miners - while still capturing the sector's commodity cycle upside - may prefer MVR's construction approach.