VanEck Blog & Insights

VanEck Vectors MSCI World ex Australia Quality (Hedged) ETF QHAL

Fund description: QHAL gives investors exposure to a diversified portfolio of quality international companies from developed markets (ex Australia) with returns hedged into Australian dollars. QHAL aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description: The MSCI World ex Australia Quality 100% Hedged to AUD Index aims to capture the performance of quality stocks selected from the Parent Index, MSCI World ex Australia, by identifying companies with high quality scores determined by MSCI based on three key fundamental variables: high return on equity; stable year-on-year earnings growth; and low financial leverage.

Management style: Replication

 as at 17-Apr-19

  • Exchange

    ASX
  • ASX code

    QHAL
  • Bloomberg index code

    HA724440
  • Index provider

    MSCI Inc.
  • NAV1

    $26.58
  • Units outstanding1

    80,000
  • Net assets1

    $2.1M
  • Number of holdings1

    299
  • Inception date2

    21-Mar-19
  • ASX commencement

    25-Mar-19
1As of the close of the previous trading day.
2The date the ETF was seeded prior to quotation on ASX.

as at 17-Apr-19

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.

Portfolio composition (%)
as at 17-Apr-19

  • Asset classes

    % of Fund net assets
  • Stocks

    99.68
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    0.32
  • Total

    100.00

All holdings (%) Download all holdings as at 17-Apr-19

No. of holdings: 299
Security name
Ticker
% of Fund net
assets
MICROSOFT CORP
MSFT US
5.25
APPLE INC
AAPL US
5.04
FACEBOOK INC-A
FB US
3.50
JOHNSON & JOHNSON
JNJ US
2.73
ALPHABET INC-CL C
GOOG US
2.71
VISA INC-CLASS A SHARES
V US
2.64
ALPHABET INC-CL A
GOOGL US
2.58
MASTERCARD INC-CLASS A
MA US
2.23
INTEL CORP
INTC US
2.19
CISCO SYSTEMS INC
CSCO US
1.99
NESTLE SA-REG
NESN SW
1.97
ROCHE HOLDING AG-GENUSSCHEIN
ROG SW
1.92
PROCTER & GAMBLE CO/THE
PG US
1.80
WALT DISNEY CO/THE
DIS US
1.51
UNITEDHEALTH GRP
UNH US
1.47
ACCENTURE PLC-CL A
ACN US
1.25
GLAXOSMITHKLINE PLC
GSK LN
1.23
NIKE INC -CL B
NKE US
1.18
3M CO
MMM US
1.16
TEXAS INSTRUMENTS INC
TXN US
1.14
NVIDIA CORP
NVDA US
1.13
AMGEN INC
AMGN US
1.10
ALTRIA GROUP INC
MO US
1.06
STARBUCKS CORP
SBUX US
1.05
ADOBE INC
ADBE US
1.03
NOVO NORDISK A/S-B
NOVOB DC
1.02
LOCKHEED MARTIN CORP
LMT US
1.01
HONEYWELL INTERNATIONAL INC
HON US
0.94
UNION PACIFIC CORP
UNP US
0.94
INTL BUSINESS MACHINES CORP
IBM US
0.94
ELI LILLY & CO
LLY US
0.89
AIA GROUP LTD
1299 HK
0.84
COSTCO WHOLESALE CORP
COST US
0.83
ASTRAZENECA PLC
AZN LN
0.81
BOOKING HOLDINGS INC
BKNG US
0.80
LVMH MOET HENNESSY LOUIS VUI
MC FP
0.79
UNILEVER NV-CVA
UNA NA
0.78
AUTOMATIC DATA PROCESSING
ADP US
0.76
DIAGEO PLC
DGE LN
0.75
TJX COMPANIES INC
TJX US
0.74
INTUIT INC
INTU US
0.68
LOWE'S COS INC
LOW US
0.66
ASML HOLDING NV
ASML NA
0.60
UNILEVER PLC
ULVR LN
0.56
CELGENE CORP
CELG US
0.51
L'OREAL
OR FP
0.50
BRISTOL-MYER SQB
BMY US
0.50
CANADIAN NATL RAILWAY CO
CNR CN
0.49
RIO TINTO PLC
RIO LN
0.48
APPLIED MATERIALS INC
AMAT US
0.44
KEYENCE CORP
6861 JP
0.44
ROSS STORES INC
ROST US
0.43
ILLINOIS TOOL WORKS
ITW US
0.41
MOODY'S CORP
MCO US
0.41
INTUITIVE SURGICAL INC
ISRG US
0.40
BIOGEN IDEC INC
BIIB US
0.40
ADIDAS AG
ADS GR
0.38
RAYTHEON CO
RTN US
0.38
MARSH & MCLENNAN COS
MMC US
0.37
RELX PLC
REL LN
0.36
GENERAL DYNAMICS CORP
GD US
0.35
KERING
KER FP
0.35
ESTEE LAUDER COMPANIES-CL A
EL US
0.34
EMERSON ELECTRIC CO
EMR US
0.34
HONG KONG EXCHANGES & CLEAR
388 HK
0.32
AMADEUS IT GROUP SA
AMS SM
0.32
LAM RESEARCH CORP
LRCX US
0.31
AON PLC
AON US
0.31
MARRIOTT INTL-A
MAR US
0.31
COMPASS GROUP PLC
CPG LN
0.31
LYONDELLBASELL INDU-CL A
LYB US
0.30
INDITEX
ITX SM
0.30
XILINX INC
XLNX US
0.30
COGNIZANT TECH SOLUTIONS-A
CTSH US
0.29
KAO CORP
4452 JP
0.28
PAYCHEX INC
PAYX US
0.28
PUBLIC STORAGE
PSA US
0.28
VF CORP
VFC US
0.28
TARGET CORP
TGT US
0.28
EDWARDS LIFESCIENCES CORP
EW US
0.27
FISERV INC
FISV US
0.26
KDDI CORP
9433 JP
0.26
IMPERIAL BRANDS PLC
IMB LN
0.25
DOLLAR GENERAL CORP
DG US
0.25
AMPHENOL CORP-CL A
APH US
0.24
ROCKWELL AUTOMATION INC
ROK US
0.24
RED HAT INC
RHT US
0.24
DEUTSCHE POST AG-REG
DPW GR
0.24
T ROWE PRICE GROUP INC
TROW US
0.22
SIKA AG-BR
SIKA SW
0.22
ATLAS COPCO AB-A SHS
ATCOA SS
0.21
RECRUIT HOLDINGS CO LTD
6098 JP
0.21
REGENERON PHARMACEUTICALS
REGN US
0.21
CUMMINS INC
CMI US
0.21
ROLLS-ROYCE HOLDINGS PLC
RR/ LN
0.21
LAS VEGAS SANDS CORP
LVS US
0.20
PPG INDUSTRIES INC
PPG US
0.20
ULTA BEAUTY INC
ULTA US
0.20
EXPERIAN PLC
EXPN LN
0.20
HERMES INTERNATIONAL
RMS FP
0.20
HOYA CORP
7741 JP
0.20
ALIGN TECHNOLOGY INC
ALGN US
0.19
NETAPP INC
NTAP US
0.19
MONSTER BEVERAGE CORP
MNST US
0.19
FASTENAL CO
FAST US
0.19
KONE OYJ-B
KNEBV FH
0.18
KLA-TENCOR CORP
KLAC US
0.18
ASTELLAS PHARMA INC
4503 JP
0.17
GIVAUDAN-REG
GIVN SW
0.17
JAPAN TOBACCO INC
2914 JP
0.17
APTIV PLC
APTV US
0.17
AMERIPRISE FINAN
AMP US
0.17
BT GROUP PLC
BT/A LN
0.17
OMNICOM GROUP
OMC US
0.16
CONSTELLATION SOFTWARE INC
CSU CN
0.16
BEST BUY CO INC
BBY US
0.16
METTLER-TOLEDO INTERNATIONAL
MTD US
0.16
WOLTERS KLUWER
WKL NA
0.16
BAE SYSTEMS PLC
BA/ LN
0.15
LEGAL & GENERAL GROUP PLC
LGEN LN
0.15
MAXIM INTEGRATED PRODUCTS
MXIM US
0.15
WATERS CORP
WAT US
0.15
LULULEMON ATHLETICA INC
LULU US
0.14
GEBERIT AG-REG
GEBN SW
0.14
PARTNERS GROUP HOLDING AG
PGHN SW
0.14
CONTINENTAL AG
CON GR
0.14
SAMPO OYJ-A SHS
SAMPO FH
0.14
MAGNA INTERNATIONAL INC
MG CN
0.14
COLOPLAST-B
COLOB DC
0.14
CADENCE DESIGN SYS INC
CDNS US
0.13
CHECK POINT SOFTWARE TECH
CHKP US
0.13
ARISTA NETWORKS INC
ANET US
0.13
CERNER CORP
CERN US
0.13
FERRARI NV
RACE IM
0.13
FERGUSON PLC
FERG LN
0.13
SANDS CHINA LTD-REG S
1928 HK
0.13
EXPEDITORS INTL WASH INC
EXPD US
0.13
SKYWORKS SOLUTIONS INC
SWKS US
0.13
SGS SA-REG
SGSN SW
0.13
HENNES & MAURITZ AB-B SHS
HMB SS
0.13
GALAXY ENTERTAIN
27 HK
0.13
SHIONOGI & CO LTD
4507 JP
0.13
CHURCH & DWIGHT CO INC
CHD US
0.12
HENKEL AG & CO KGAA VORZUG
HEN3 GR
0.12
SMITH & NEPHEW PLC
SN/ LN
0.12
BROADRIDGE FINANCIAL SOLUTIO
BR US
0.12
BROWN-FORMAN CORP-CLASS B
BF/B US
0.12
TRACTOR SUPPLY COMPANY
TSCO US
0.12
PRINCIPAL FINANCIAL GROUP
PFG US
0.12
DARDEN RESTAURANTS INC
DRI US
0.12
DSV A/S
DSV DC
0.12
KERRY GROUP PLC-A
KYG ID
0.12
ATLAS COPCO AB-B SHS
ATCOB SS
0.11
COVESTRO AG
1COV GR
0.11
WW GRAINGER INC
GWW US
0.11
COPART INC
CPRT US
0.11
NVR INC
NVR US
0.11
RESMED INC
RMD US
0.11
CITRIX SYSTEMS INC
CTXS US
0.11
F5 NETWORKS INC
FFIV US
0.11
ANSYS INC
ANSS US
0.11
VMWARE INC-CLASS A
VMW US
0.11
CELANESE CORP-SERIES A
CE US
0.10
VARIAN MEDICAL SYSTEMS INC
VAR US
0.10
C.H. ROBINSON WORLDWIDE INC
CHRW US
0.10
3I GROUP PLC
III LN
0.10
INTERTEK GROUP PLC
ITRK LN
0.10
HARGREAVES LANSDOWN PLC
HL/ LN
0.09
ASHTEAD GROUP PLC
AHT LN
0.09
NOVOZYMES A/S-B SHARES
NZYMB DC
0.09
THALES SA
HO FP
0.09
TEMENOS AG
TEMN SW
0.09
BURBERRY GROUP PLC
BRBY LN
0.09
PERSIMMON PLC
PSN LN
0.09
HORMEL FOODS CORP
HRL US
0.09
JACK HENRY & ASSOCIATES INC
JKHY US
0.09
DAITO TRUST CONSTRUCT CO LTD
1878 JP
0.09
HUNTINGTON INGALLS INDUSTRIE
HII US
0.09
LEAR CORP
LEA US
0.09
MTU AERO ENGINES HOLDING AG
MTX GR
0.08
NEXT PLC
NXT LN
0.08
SPIRIT AEROSYSTEMS HOLD-CL A
SPR US
0.08
IDEX CORP
IEX US
0.08
KUEHNE & NAGEL INTL AG-REG
KNIN SW
0.08
FRANKLIN RESOURCES INC
BEN US
0.08
WHITBREAD PLC
WTB LN
0.08
HASBRO INC
HAS US
0.08
COGNEX CORP
CGNX US
0.08
SAGE GROUP PLC/THE
SGE LN
0.08
ROBERT HALF INTL INC
RHI US
0.08
SCHINDLER HOLDING-PART CERT
SCHP SW
0.07
CHR HANSEN HOLDING A/S
CHR DC
0.07
OLD DOMINION FREIGHT LINE
ODFL US
0.07
BEIERSDORF AG
BEI GR
0.07
SEI INVESTMENTS COMPANY
SEIC US
0.07
TECHTRONIC INDUSTRIES CO
669 HK
0.07
BUNZL PLC
BNZL LN
0.07
AUTOLIV INC
ALV US
0.07
SYSMEX CORP
6869 JP
0.07
CRODA INTERNATIONAL PLC
CRDA LN
0.07
CAPRI HOLDINGS LTD
CPRI US
0.07
NITORI HOLDINGS CO LTD
9843 JP
0.07
INTERPUBLIC GROUP OF COS INC
IPG US
0.07
GARMIN LTD
GRMN US
0.07
MONCLER SPA
MONC IM
0.07
BOLIDEN AB
BOL SS
0.07
HENKEL AG & CO KGAA
HEN GR
0.07
AVERY DENNISON CORP
AVY US
0.07
ADECCO GROUP SA-REG
ADEN SW
0.07
MONDI PLC
MNDI LN
0.07
BORGWARNER INC
BWA US
0.06
SMITH (A.O.) CORP
AOS US
0.06
SNAP-ON INC
SNA US
0.06
TAPESTRY INC
TPR US
0.06
ADMIRAL GROUP PLC
ADM LN
0.06
JAPAN EXCHANGE GROUP INC
8697 JP
0.06
METRO INC
MRU CN
0.06
HUNT (JB) TRANS
JBHT US
0.06
TAYLOR WIMPEY PLC
TW/ LN
0.06
JOHNSON MATTHEY PLC
JMAT LN
0.06
ITV PLC
ITV LN
0.06
M3 INC
2413 JP
0.06
ROLLINS INC
ROL US
0.06
EPIROC AB-A
EPIA SS
0.06
SAPUTO INC
SAP CN
0.05
BERKELEY GROUP HOLDINGS
BKG LN
0.05
WARTSILA OYJ ABP
WRT1V FH
0.05
SOUTHWEST AIRLINES CO
LUV US
0.05
GILDAN ACTIVEWEAR INC
GIL CN
0.05
MISUMI GROUP INC
9962 JP
0.05
IPG PHOTONICS CORP
IPGP US
0.05
WABCO HOLDINGS INC
WBC US
0.05
FISHER & PAYKEL HEALTHCARE C
FPH NZ
0.05
MIDDLEBY CORP
MIDD US
0.05
KOITO MANUFACTURING CO LTD
7276 JP
0.05
GAP INC/THE
GPS US
0.05
ELISA OYJ
ELISA FH
0.05
OBIC CO LTD
4684 JP
0.05
POLARIS INDUSTRIES INC
PII US
0.05
PANDORA A/S
PNDORA DC
0.05
EMS-CHEMIE HOLDING AG-REG
EMSN SW
0.05
SIEMENS HEALTHINEERS AG
SHL GR
0.05
RANDSTAND NV
RAND NA
0.04
DAIFUKU CO LTD
6383 JP
0.04
KOSE CORP
4922 JP
0.04
TREND MICRO INC
4704 JP
0.04
ACUITY BRANDS INC
AYI US
0.04
EATON VANCE CORP
EV US
0.04
SINGAPORE EXCHANGE LTD
SGX SP
0.04
ZOZO INC
3092 JP
0.04
NISSAN CHEMICAL INDUSTRIES
4021 JP
0.04
PIGEON CORP
7956 JP
0.04
LEGGETT & PLATT INC
LEG US
0.04
MANPOWERGROUP INC
MAN US
0.04
SCHRODERS PLC
SDR LN
0.04
IPSEN
IPN FP
0.04
TUI AG
TUI LN
0.04
HUGO BOSS AG -ORD
BOSS GR
0.04
RECORDATI SPA
REC IM
0.04
RYOHIN KEIKAKU CO LTD
7453 JP
0.04
NORDSTROM INC
JWN US
0.04
SCHINDLER HOLDING AG-REG
SCHN SW
0.04
DISCO CORP
6146 JP
0.04
SINGAPORE TECH ENGINEERING
STE SP
0.03
COLRUYT SA
COLR BB
0.03
TELECOM CORP OF NEW ZEALAND
SPK NZ
0.03
UNITED THERAPEUTICS CORP
UTHR US
0.03
KAKAKU.COM INC
2371 JP
0.03
CI FINANCIAL CORP
CIX CN
0.03
ORION OYJ-CLASS B
ORNBV FH
0.03
EPIROC AB-B
EPIB SS
0.03
NOKIAN RENKAAT OYJ
NRE1V FH
0.03
JERONIMO MARTINS
JMT PL
0.03
OTSUKA CORP
4768 JP
0.03
USS CO LTD
4732 JP
0.03
PROSIEBEN SAT.1 MEDIA AG-PFD
PSM GR
0.03
VENTURE CORP LTD
VMS SP
0.03
JAPAN AIRLINES CO LTD
9201 JP
0.03
MONOTARO CO LTD
3064 JP
0.03
TRYG A/S
TRYG DC
0.03
ASM PACIFIC TECHNOLOGY
522 HK
0.03
FUCHS PETROLUB AG -PFD
FPE3 GR
0.02
HOCHTIEF AG
HOT GR
0.02
ORACLE CORP JAPAN
4716 JP
0.02
SARTORIUS STEDIM BIOTECH
DIM FP
0.02
DEMANT A/S
DEMANT DC
0.02
ELBIT SYSTEMS LTD
ESLT IT
0.02
RYMAN HEALTHCARE LTD
RYM NZ
0.02
DAIRY FARM INTL HLDGS LTD
DFI SP
0.02
TSURUHA HOLDINGS INC
3391 JP
0.02
POLA ORBIS HOLDINGS INC
4927 JP
0.02
MINTH GROUP LTD
425 HK
0.02
SATS LTD
SATS SP
0.02
RTL GROUP
RRTL GR
0.02
SOCIETE BIC SA
BB FP
0.02
RYANAIR HOLDINGS PLC-SP ADR
RYAAY US
0.02
CALBEE INC
2229 JP
0.02
SUNDRUG CO LTD
9989 JP
0.01
ABC-MART INC
2670 JP
0.01
OTHER/CASH
--
0.32
Total 100.04
These are not recommendations to buy or to sell any security.
Holdings:  Holdings data shows the direct investments of the VanEck Vectors MSCI World ex Australia Quality ETF (QUAL), the underlying fund into which QHAL primarily invests to obtain exposure to the securities in the index.  Accordingly the percentage holdings of QHAL will vary slightly to those shown above because of its cash and forward positions.