VanEck
TDVX.DE
IE000QYDXKV5
VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF
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About this ETF

The VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF A seeks to track the Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select index. The Morningstar Developed Markets Large Cap Dividend Leaders index tracks the performance of companies that display consistency and sustainability in dividend payment patterns and is composed of the top yielding securities which satisfy the screening criteria. Only stocks from developed countries (excluding the USA) are included in the index. The stocks included are filtered according to ESG criteria (environmental, social and corporate governance).

TER
0.38%

Total Expense Ratio per year

Fund Size
€24.19M

Assets under management

Holdings
100

Underlying equities

Dividend Yield
-

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
12.46
Weighted Fwd P/E
13.6
💰 Revenue Estimates
Current Year CY
+7.18% ⌀ 14 Analysts Coverage
Next Year NY
+2.4% ⌀ 13 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+22.7% ⌀ 15 Analysts Coverage
Next Year NY
+4.85% ⌀ 15 Analysts Coverage

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ETF Profile
Provider
VanEck
VanEck
Fund Type
ETF
Inception Date
04/17/2026 (5 mos)
Region
World
Country
-
Sector
-
Strategy
Dividend
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

6/7 High
78/100 High (Broad Diversification)
Diversification Score
78/100 High (Broad Diversification)
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Fund closure risk (< 50M € AUM)
🟡 Moderate analyst coverage (15 analysts)
⚠️ Sector concentration: 42% in "Financial Services".
⚠️ Elevated Commodity Sensitivity: 17% of fund depends directly on energy and raw material prices (oil, metals, basic materials).
⚠️ Elevated Economic Cyclicality: 53% in cyclical industries – more vulnerable to economic downturns.
⚠️ Elevated Interest Rate Sensitivity: 57% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).
⚠️ Elevated Regulatory & Policy Risk: 85% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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