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TDIV
VanEck Vectors Morningstar Developed Markets Dividend Leaders UCITS ETF

Index Description

The Morningstar® Developed Markets Large Cap Dividend Leaders Index™ is composed of the top 100 positions based on dividend yield which satisfy the screening criteria, including companies that display consistency and sustainability in dividend payment patterns. The weight of a share within the Morningstar® Developed Markets Large Cap Dividend Leaders Index™ is determined based on the  total dividend paid. The index has a 40% sector cap.

Index Key Points

Underlying Index
Morningstar Developed Markets Large Cap Dividend Leaders Index (MSDMDLGE)

Index composition
Shares must meet the following criteria to be included in the index:

• The dividend has been paid in the past 12 months.
• The dividend TTM dividend per share is not lower than the TTM 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.

     

    Index Provider

    Morningstar

     

    Download Index Methodology

    Index Information

    • Index Provider

      Morningstar
    • Index Type

      Total Return
    • Currency

      EUR
    • Inception Date

      16 Dec 2005
    • Reconstitution Frequency

      Semi-Annually
    • Bloomberg Ticker

      MSDMDLGE
    • Reuters Ticker

      .MSF00000X1LU

    Index Top 10 Constituents (%) as of 31 Dec 2021

    Total Constituents: 100
    Constituent Name
    Ticker
    Weightings (%)
    At&T Inc
    T US
    5.14
    Exxon Mobil Corp
    XOM US
    4.73
    Verizon Communications Inc
    VZ US
    4.69
    Abbvie Inc
    ABBV US
    4.46
    Chevron Corp
    CVX US
    4.44
    Novartis Ag-Reg
    NOVN VX
    3.74
    Philip Morris International
    PM US
    3.49
    Totalenergies Se
    TTE FP
    3.26
    Rio Tinto Plc
    RIO LN
    3.21
    Altria Group Inc
    MO US
    2.98
    Top 10 Total (%) 40.14
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

    Index Country Weightings (%) as of 31 Dec 2021

    • Country

      Weightings (%)
    • United States

      39.2
    • Japan

      11.8
    • France

      10.5
    • United Kingdom

      9.7
    • Canada

      9.0
    • Switzerland

      6.0
    • Germany

      5.3
    • Italy

      1.8
    • Hong Kong

      1.5
    • Spain

      1.3
    • Australia

      1.1
    • Netherlands

      0.8
    • Finland

      0.6
    • Norway

      0.5
    • Singapore

      0.5
    • Belgium

      0.1
    • Austria

      0.1
    • Poland

      0.1
    • Israel

      0.1

    Index Sector Weightings (%) as of 31 Dec 2021

    • Sector

      Weightings (%)
    • Financials

      25.8
    • Health Care

      14.1
    • Energy

      13.8
    • Communication Services

      12.2
    • Consumer Staples

      11.8
    • Materials

      7.7
    • Utilities

      6.7
    • Information Technology

      2.8
    • Industrials

      2.6
    • Real Estate

      1.1
    • Consumer Discretionary

      1.1
    • OTHERS

      0.4