At a glance
IDX charges 0.57% a year. It has $27.5M in assets; it paid 3.68% of its price in distributions over the past 12 months, annual. Over the past year it returned −41.8% with distributions reinvested (S&P 500: +11.5%); over three years it returned −13.9% a year. At its worst it fell 50.8% in the 2020 crash (S&P 500: 33.7%) and 16.7% in the 2022 bear market (S&P 500: 24.5%). Its ten largest positions make up 49.9% of the fund, out of 68 in all.
The short version
VanEck Indonesia Index ETF (IDX) tracks the MVIS Indonesia Index, a basket of Indonesian companies led by banks such as Bank Central Asia and Bank Rakyat Indonesia. Its focus on one emerging, or still-developing, market brings sharp swings: it lost 41.8% in the year to October 27, 2026. It charges 0.57% a year after a fee waiver, and about half its assets sat in 10 stocks as of June 30, 2026.
Price history
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IDX -41.8% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| IDX official prospectus, to Dec 31, 2025 | — | +13.19% | — | -1.26% | +1.37% | — |
| MSCI ACWI Index (reflects no deduction for fees, expenses or taxes, except withholding taxes) index, same period | — | +22.34% | — | +11.19% | +11.72% | — |
| IDX price data to Oct 27, 2026 | -44.1% | -41.8% | -13.9% | -12.3% | -6.7% | +2.9% |
- Over the year to Oct 27, 2026, IDX returned -41.8%.
- Its 5-year annualized return was -12.3% and its 10-year -6.7%.
- In the 2020 COVID crash it fell 50.8% and regained its old high 8.8 months after the low.
- Its worst full calendar year was 2013 (-23.1%); its best was 2010 (+40.9%).
- The deepest fall in its price history was 64.1% (Aug 1, 2011 to Oct 19, 2026), not yet recovered.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | -44.1% | — |
| 2025 | +13.8% | +13.19% |
| 2024 | -9.9% | -8.21% |
| 2023 | +2.0% | +1.91% |
| 2022 | -9.4% | -9.88% |
| 2021 | -2.6% | -1.65% |
| 2020 | -7.5% | -8.20% |
| 2019 | +6.2% | +5.97% |
| 2018 | -10.5% | -9.79% |
| 2017 | +19.2% | +18.35% |
| 2016 | +16.8% | +17.49% |
| 2015 | -22.3% | — |
| 2014 | +16.6% | — |
| 2013 | -23.1% | — |
| 2012 | +2.4% | — |
| 2011 | -0.6% | — |
| 2010 | +40.9% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 50.8% over that stretch · deepest drop along the way 50.8%, back to its old high 8.8 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 6.2% over that stretch · deepest drop along the way 16.7%, not recovered by the end of the data |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.3400 | -42.4% |
| 2024 | $0.5900 | -4.8% |
| 2023 | $0.6200 | -1.6% |
| 2022 | $0.6300 | +186.4% |
| 2021 | $0.2200 | -35.3% |
| 2020 | $0.3400 | -32.0% |
| 2019 | $0.5000 | +4.2% |
| 2018 | $0.4800 | +4.3% |
| 2017 | $0.4600 | +76.9% |
| 2016 | $0.2600 | -42.2% |
| 2015 | $0.4500 | -10.0% |
| 2014 | $0.5000 | -30.6% |
| 2013 | $0.7200 | +41.2% |
| 2012 | $0.5100 | +12.6% |
| 2011 | $0.4530 | +394.5% |
| 2010 | $0.0916 |
What's inside
As of Jun 30, 2026, the fund held 68 securities; the ten largest made up 49.91% of assets.
| Holding | Weight | |
|---|---|---|
| Bank Central Asia Tbk PT | 8.45% | |
| Bank Rakyat Indonesia Persero Tbk PT | 8.15% | |
| Bank Mandiri Persero Tbk PT | 6.79% | |
| Telkom Indonesia Persero Tbk PT | 6.08% | |
| Astra International Tbk PT | 5.27% | |
| Jardine Matheson Holdings Ltd | 4.85% | |
| Barito Renewables Energy Tbk PT | 2.87% | |
| Amman Mineral Internasional PT | 2.75% | |
| Bank Negara Indonesia Persero Tbk PT | 2.66% | |
| Barito Pacific Tbk PT | 2.03% | |
| United Tractors Tbk PT | 2.03% | |
| Bumi Resources Minerals Tbk PT | 2.00% | |
| Merdeka Copper Gold Tbk PT | 1.93% | |
| Dian Swastatika Sentosa Tbk PT | 1.79% | |
| Merdeka Gold Resources Tbk PT | 1.77% |
By country
Indonesia 86.45%Bermuda 6.11%Singapore 2.35%Thailand 1.54%Australia 1.45%By asset type
Stocks 100.23%What changed recently
- Over the three months to Jun 30, 2026, investors added a net $6.6M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: -5.31%, -16.46%, -8.77%.
How it works
Instead of trying to beat the market, IDX aims to match the MVIS Indonesia Index before fees, normally keeping at least 80% of assets in index securities. A company counts as Indonesian if it is incorporated there, or incorporated elsewhere with at least 50% of its revenue or assets in Indonesia. As of June 30, 2026, 86% of the fund was in companies incorporated in Indonesia; the rest included Bermuda-registered Jardine Matheson.
The prospectus summary does not say how the index weights companies or how often it rebalances (resets its holdings). As of June 30, 2026, the fund held 68 stocks and no cash or derivatives, and its top 10 positions made up about half the fund. Banks led: Bank Central Asia (8.5%), Bank Rakyat Indonesia (8.2%) and Bank Mandiri (6.8%), then Telkom Indonesia (6.1%) and Astra International (5.3%). Yearly portfolio turnover (the share of holdings replaced) was 23%.
The fund is "non-diversified," a legal label meaning it can put more money into one company than a typical fund. It may also concentrate in the industries that dominate the index; as of December 31, 2025, financials, basic materials and energy were each a significant portion. Most holdings are priced in foreign currencies, so exchange-rate swings against the US dollar add to the ups and downs.
What it really costs
- IDX charges 0.57% a year.
- Of that, 0.5% is the management fee; the rest covers other fund expenses.
- The fee includes a 0.29% waiver from the adviser, which may end.
- Using the prospectus's standard example, $10,000 invested would cost about $58 in the first year and $1,034 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| IDX | $58 | $245 | $448 | $1,034 |
In a retirement portfolio
It is a non-diversified fund tied to one emerging market, with deep and lasting losses, so it fits only as a small add-on to broader holdings.
IDX adds Indonesian banks, miners and energy firms, but at high risk. Launched in January 2009, it missed most of the 2008 crisis. It fell 50.8% in the 2020 COVID crash, recovering by December 2020. It had not recovered from its 16.7% drop in 2022 by October 27, 2026. Its worst full calendar year was 2013, down 23.1%, yet it lost 44.1% in 2026 through October 27, and its deepest drop, 64.1% from an August 2011 peak, remained unrecovered. Cashing out in a slump could lock in heavy losses.
It pays income once a year. Its trailing yield (past-year payouts divided by price) was 3.68% as of October 27, 2026, lifted by the price drop. Costs run 0.57% a year, or $58 in year one on $10,000 in the SEC's standard example. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting a targeted stake in Indonesian companies such as Bank Central Asia, Telkom Indonesia and Astra International, sized as a small satellite holding.
- Long-horizon investors who can sit through drops like the 50.8% plunge in early 2020 and the 64.1% fall from its August 2011 peak.
- Those preferring a rules-based index approach to Indonesia over a stock-picking manager, and willing to pay 0.57% a year for that focus.
Look elsewhere if
- Retirees relying on steady income: IDX pays once a year, and its 3.68% trailing yield as of October 27, 2026 partly reflects a falling price.
- Anyone who may need this money soon: the fund lost 41.8% in the year to October 27, 2026, with one-year volatility of 33.5%.
- Investors seeking broad diversification: this non-diversified fund kept about half its assets in 10 stocks as of June 30, 2026.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
No close alternatives found.
Questions investors ask
What stocks are in IDX?
IDX holds stocks from the MVIS Indonesia Index, led by banks. As of June 30, 2026, its largest positions were Bank Central Asia (8.5%), Bank Rakyat Indonesia (8.2%), Bank Mandiri (6.8%), Telkom Indonesia (6.1%) and Astra International (5.3%). The top 10 made up about half of the fund's $27.5 million in net assets. About 86% was in companies incorporated in Indonesia, with the rest in firms registered elsewhere, such as Bermuda's Jardine Matheson.
What is the expense ratio of IDX?
IDX charges 0.57% a year, its expense ratio (the yearly fee taken from fund assets), according to the prospectus filed April 29, 2026. The management fee is 0.50%; other expenses add to that, and a fee waiver of 0.29 percentage points brings the total down to 0.57%. In the SEC's standard example, $10,000 earning 5% a year would incur $58 in costs the first year, $245 over three years, $448 over five and $1,034 over 10.
Does IDX pay dividends?
Yes, but only once a year. As of October 27, 2026, IDX had paid $0.34 per share over the previous 12 months, a trailing yield of 3.68%. A trailing yield divides past payouts by the latest share price, so the fund's 41.8% loss over the past year makes the figure higher than it would otherwise be. Payouts depend on dividends from the companies it holds and can vary from year to year.
How has IDX performed compared with global stocks?
By a wide margin, it has trailed them. Through December 31, 2025, the fund returned an average of 1.37% a year over 10 years and lost an average of 1.26% a year over five, versus gains of 11.72% and 11.19% a year for the MSCI ACWI Index, a broad measure of global stocks. From January 1 to October 27, 2026, it lost another 44.1%, and its deepest drop, 64.1% from an August 2011 peak, was still unrecovered.
Is IDX a good investment for retirement?
IDX may suit retirement savers only as a small, higher-risk satellite holding beside broader funds. It is a non-diversified fund focused on one emerging market, and its one-year volatility, a measure of how widely returns swing, was 33.5% as of October 27, 2026. It fell 50.8% in the 2020 COVID crash and lost 44.1% from January 1 to October 27, 2026. It pays income only once a year. Past results don't predict future ones.