VETBANK ETF

VETBANK ETF, managed by Vetiva Fund Managers Limited, has delivered a strong Year-to-Date (YTD) return of 32.21%, which tells investors how much the fund has grown since the start of the year. That figure stands out as a healthy long-term signal. However, the most recent week tells a different story: the fund posted a Week-to-Date (WTD) yield of -7.79%, meaning it lost value over the past week. That decline is significantly steeper than the median WTD yield of -1.16% across all Exchange-Traded Funds (ETFs) in its category, placing this fund among the harder-hit ETFs in the short term. Its Net Asset Value (NAV) currently sits at ₦1.87B, ranking the fund #4 of 12 within the ETF category and #137 of 222 across all funds tracked.

Zooming out to the recent five-week history adds useful context. The fund's NAV reached a recent high of ₦2.06B on 5 June 2026, before sliding to ₦1.81B on 26 June 2026, a notable dip. A brief recovery brought NAV back to ₦1.87B as of 3 July 2026, but the accompanying WTD yield of -7.79% signals that the recovery has not been smooth. The fund currently serves 5,485 unitholders, meaning 5,485 individual investors hold a stake in it. The combination of a strong YTD gain but a volatile recent stretch, with weekly yields swinging from +15.55% on 11 June to -7.79% most recently, suggests this fund can move sharply in either direction over short periods.