Year-End ETF Restructuring Forecast: Will Brokerage Stocks Face Heavy Selling Pressure?

The VIX, VIC, VND, and VCI stocks are poised for significant sell-offs, potentially facing millions of shares being offloaded during the ETF portfolio rebalancing in Q4 2025.

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VNM ETF: VGC Joins, VIC Faces Heavy Selling

According to Yuanta Vietnam Securities, the Van Eck Market Vector Vietnam Local Index ETF (VNM ETF) is set to implement significant changes in its upcoming rebalancing. The most notable update is the inclusion of VGC in the portfolio, with a purchase volume of 3.11 million shares, while no stocks are being removed from the index.

On the selling side, VIX leads with 6.84 million shares sold, followed by VIC with 2.33 million shares, VND with 2.22 million shares, VCI with 1.49 million shares, and VRE with 1.40 million shares.

Conversely, POW, SAB, VNM, and SBT are the most sought-after stocks, with net purchases of 8.34 million shares, 5.65 million shares, 3.94 million shares, and 3.79 million shares, respectively.

The VNM ETF is scheduled to announce these changes on December 12, 2025, with the rebalancing process concluding on December 19, 2025.

Projected VNM ETF Portfolio Changes

Source: Yuanta Vietnam

Changes in FTSE ETF

Unlike previous years, the DB x-trackers FTSE Vietnam ETF (formerly known as FTSE ETF) has transitioned its index provider from the FTSE Vietnam Index to the STOXX Vietnam Total Market Liquid Index, effective from July 17 to October 16, 2025.

The STOXX Vietnam Total Market Liquid Index undergoes portfolio rebalancing in March and September annually, hence the DB x-trackers FTSE Vietnam ETF will not conduct its own rebalancing in Q4 2025.

Vu Hao

– 12:00 PM, December 2, 2025

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