QSML - VanEck MSCI International Small Companies Quality ETF

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VanEck MSCI International Small Companies Quality ETF QSML

Fund description: QSML gives investors a diversified portfolio of 150 international developed market small-cap quality growth securities. QSML aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MSCI World ex Australia Small Cap Quality 150 Index measures the performance of the 150 largest international quality small-cap growth companies selected from the MSCI World ex Australia Small Cap Index at rebalance.

Management style: Replication

Country of domicile: Australia

 as at 23-Sep-21

  • Exchange

    ASX
  • ASX code

    QSML
  • Bloomberg index code

    NA735934
  • Index provider

    MSCI Inc.
  • NAV1

    $23.46
  • Units outstanding1

    1,100,043
  • Net assets1

    $25.8M
  • Number of holdings1

    148
  • Inception date2

    08-Mar-21
  • ASX commencement

    10-Mar-21
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 23-Sep-21

The NAV is generally calculated daily after all markets are closed for that day based on the closing price of the securities on the relevant foreign stock exchange. The NAV is then converted to AUD based on the relevant London WM Reuters 4pm exchange rate. This means, due to Australia’s time zone, that the NAV will generally not be updated until around 3pm next business day.
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Fundamentals as at 31-Aug-21

  • Weighted avg. market cap
    (AUD)

    $10.5B
  • Price/earnings ratio
    (last 12 months)*

    22.4
  • Price/book ratio
    (last 12 months)*

    3.9
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market capitalisation (%)
as at 31-Aug-21

  • Capitalisation ranges

    Weightings (%)
  • Large (>$5.0B)

    84.17
  • Mid ($1.0 - $5.0B)

    15.76
  • Small (<$1.0B)

    0.00
This breakdown represents what percentage of the Fund's assets represent large/mid/small-sized companies. The market capitalisation of an individual, publicly traded company is calculated by multiplying the company's security price by the total number of its shares outstanding.

3-year risk measures

  • Beta vs. MSCI World ex
    Australia

    --
  • Correlation vs. MSCI World
    ex Australia

    --
  • Volatility (standard deviation)

    --
  • Sharpe ratio

    --

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the Fund performance and the index performance. Volatility is the annualised standard deviation of the Fund's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the Fund's return less the risk free rate divided by the standard deviation.

Country weightings (%) as at 31-Aug-21

  • Country

    Weightings (%)
  • United States

    67.1
  • United Kingdom

    12.2
  • Sweden

    5.5
  • Switzerland

    3.0
  • Netherlands

    1.9
  • Finland

    1.6
  • Denmark

    1.5
  • Norway

    1.1
  • China

    1.1
  • Japan

    0.8
  • Canada

    0.7
  • Czech

    0.6
  • Italy

    0.5
  • France

    0.5
  • Malta

    0.5
  • Germany

    0.5
  • Monaco

    0.4
  • Bermuda

    0.4
  • Other/Cash

    0.1
  • Total

    100.0

Portfolio composition (%)
as at 23-Sep-21

  • Asset classes

    % of Fund net assets
  • Stocks

    99.96
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.04
  • Total

    100.00

Sector weightings (%) as at 31-Aug-21

  • Sector

    Weightings (%)
  • Industrials

    35.2
  • Financials

    17.5
  • Consumer Discretionary

    14.7
  • Information Technology

    13.5
  • Health Care

    9.1
  • Consumer Staples

    4.1
  • Communication Services

    2.5
  • Materials

    2.3
  • Energy

    1.0
  • Other/Cash

    0.1
  • Total

    100.0