VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF

About

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (NL0011683594) is a UCITS-compliant ETF tracking the Morningstar. With a TER of 0.38%, it is moderately priced, distributing dividends. The fund holds 101 positions across 20 regions with 7.8B in assets, with heavy concentration — 31% in Financials.

ISIN
Fund Size €7.8B
Issuer VanEck
Distribution Pays Dividends
Replication Physical
Inception May 2016
Base Currency EUR
Index Morningstar
Asset Class —

Costs

4.9
This fund has relatively high costs compared to similar ETFs.

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%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

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

Holdings

3.8
With only 101 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
Exxon Mobil Corp
0.06%
#2
Verizon Communications Inc
0.05%
#3
TotalEnergies SE
0.04%
#4
Nestle SA
0.04%
#5
Pfizer Inc
0.03%
#6
Shell PLC
0.03%
#7
Roche Holding AG
0.03%
#8
PepsiCo Inc
0.03%
#9
Allianz SE
0.03%
#10
BP PLC
0.02%

Sectors

8.7
This fund is well-diversified across 11 sectors, with no single sector dominating.

Regions

7.4
This fund invests across 21 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-05-29).
7.4%
Volatility
-14.1%
Max Drawdown
0.66
Sharpe Ratio
0.87
Sortino Ratio
0.35
Calmar Ratio
0.03
Beta
12.04%
Alpha (Jensen's)
0.003
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information Document

Broker Availability

Where you can buy this ETF.
flatex
Trade
Free
Savings Plan
Free
Account
Free
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free
Feedback
ETFs
Basket
Compare
Millennial Index