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VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF
Marketing Communication
TDVX
TDVX
VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF
ISIN:
IE000QYDXKV5
WKN:
A427UZ
Fund Description
Quantum computing is transitioning from theory to reality, promising to redefine what is computationally possible. As Europe’s first, the VanEck Quantum Computing UCITS ETF captures the potential of one of the most transformative technologies of our time. While early use cases are emerging, commercial success remains uncertain, and financial exposure may extend beyond pure-play quantum companies.
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NAV--
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Performance since inception--
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Total Net Assets--
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Total Expense Ratio0.38%
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Inception Date17 Apr 2026
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SFDR ClassificationArticle 8
Overview
Fund Description
The VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF seeks to provide exposure to the performance of 100 of the top high-dividend companies from developed markets, while reducing reliance on US dividend payers.1Morningstar, the global investment research firm, identifies the top 100 dividend-paying companies from developed markets excluding the United States, selected based on dividend yield, resilience, and expected growth. Additionally, by excluding US stocks, the fund helps investors diversify away from US concentration risk. The Fund does not have sustainable investment as its investment objective. It applies the following screenings: ESG Risks, UN Global Compact Principles Violations and controversial product involvement based on Sustainalytics research.
- Top 100 developed-market dividend payers1
- Designed to reduce US concentration risk
- Holdings screened for dividend resilience1,2
- Broad diversification across companies and sectors ex-US
Main Risk Factors: Equity market risk, foreign currency risk. Investors must consider all the fund's characteristics or objectives as detailed in the prospectus or related documents before making an investment decision. Please refer to the sustainability-related disclosures in the document section to the KID and the Prospectus for other important information before investing. Market evolution not guaranteed.
Underlying Index
Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index (MSDMXLDN)
1,2Based on Morningstar’s research. More information can be found in the index rulebook
The ETF is accumulating and does not distribute dividends.
Fund Highlights
- Early, diversified access to a potential breakthrough technology
- Exposure to companies driving the research, development, and application of quantum computing
- Includes newly emerging pure-play innovators and global tech leaders with verified strong patent ownership
Main Risk Factors: Liquidity Risk, Concentration risk, risk of investing in smaller companies. Investors must consider all the fund’s characteristics or objectives as detailed in the prospectus or related documents before making an investment decision. Please refer to the KID and the Prospectus for other important information before investing. Market evolution not guaranteed.
Underlying Index
MarketVector™ Global Quantum Leaders Total Return Net Index (MVQTMLTR)
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdfPerformance
Holdings
Portfolio
Documents
Index
Index Description
The Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index targets securities that pay dividends consistently and have the capacity to sustain those payments. Securities are selected from the Morningstar Developed Markets ex-US Large Cap Index. The dividend-leaders index consists of the 100 top-yielding securities that satisfy the screening criteria, including Environmental, Social, or Governance (ESG) screens based on data from Morningstar Sustainalytics.
Index Key Points
Underlying Index
Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index (MSDMXLDN)
The Index Composition:
Shares must meet the following criteria to be included in the index:
- The dividend has been paid in the past 12 months4.
- The last twelve month dividend per share is not lower than the twelve month dividend per share 5 years ago.
- The forward dividend payout ratio is less than 75%.
- The index then selects the 100 shares with the highest dividend yield. The weight of each share is based on the total dividend paid.
- The maximum weight of a share at the time of review is 5%.
- The maximum weight of a sector at the time of review is 40%.
- The index is reconstituted and rebalanced semi-annually, in June and December.
ESG Exclusins:
- The security must not have a null ESG Risk Rating or Controversy Score.
- The security must not belong to the Severe ESG Risk Rating category.
- The security controversy score must be 4 (out of 5) or lower.
- The security must not be non-compliant with the principles of the United Nations Global Compact.
- The security product involvement must be 0% for the following activities:
- Tobacco Products Production
- Controversial Weapons
- Small Arms Civilian
- Small Arms Key Components
- The security involvement must be less than 5% for the following activities:
- Thermal coal extraction
- Thermal coal power generation
Index provider: Morningstar
4The ETF is accumulating and does not distribute dividends.
Main Risks
Main Risk Factors of an Ex-US Dividend ETF
Because all or a portion of the Fund are being invested in securities denominated in foreign currencies, the Fund’s exposure to foreign currencies and changes in the value of foreign currencies versus the base currency may result in reduced returns for the Fund, and the value of certain foreign currencies may be subject to a high degree of fluctuation.
The prices of the securities in the Fund are subject to the risks associated with investing in the securities market, including general economic conditions and sudden and unpredictable drops in value. An investment in the Fund may lose money.