VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF

VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF

About

VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF (IE000QYDXKV5) is a UCITS-compliant ETF tracking the Morningstar. With a TER of 0.38%, it is moderately priced, reinvesting dividends. The fund holds 104 positions across 21 regions with 8M in assets, with heavy concentration — 45% in Financials.

ISIN
Fund Size $7.7M
Issuer VanEck
Distribution Re-Invests Dividends
Replication Physical
Inception Apr 2026
Base Currency USD
Index Morningstar
Asset Class —

Costs

7.9
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
Inception+0.00%

Holdings

3.7
With only 104 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
Nestle SA
4.31%
#2
TotalEnergies SE
4.22%
#3
Novartis AG
4.08%
#4
Shell PLC
3.97%
#5
Roche Holding AG
3.88%
#6
Allianz SE
3.29%
#7
BP PLC
2.48%
#8
Banco Bilbao Vizcaya Argentaria SA
2.48%
#9
DBS Group Holdings Ltd
2.45%
#10
Novo Nordisk A/S
2.36%

Sectors

7.7
This fund is well-diversified across 10 sectors, with no single sector dominating.

Regions

5.3
This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2026-04-17 — 2026-06-18).
10.7%
Volatility
-2.8%
Max Drawdown
-0.95
Sharpe Ratio
-1.32
Sortino Ratio
-3.63
Calmar Ratio
0.03
Beta
5.16%
Alpha (Jensen's)
0.001
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Broker Availability

Where you can buy this ETF.
Trade Republic
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€1.00
Savings Plan
Free
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Free
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