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 13-Jun-19

  • Exchange

    ASX
  • ASX code

    QHAL
  • Bloomberg index code

    HA724440
  • Index provider

    MSCI Inc.
  • NAV1

    $26.45
  • Units outstanding1

    200,000
  • Net assets1

    $5.3M
  • Number of holdings1

    301
  • 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 13-Jun-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 13-Jun-19

  • Asset classes

    % of Fund net assets
  • Stocks

    100.37
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    -0.37
  • Total

    100.00

All holdings (%) Download all holdings as at 13-Jun-19

No. of holdings: 301
Security name
Ticker
% of Fund net
assets
MICROSOFT CORP
MSFT US
5.10
APPLE INC
AAPL US
5.08
FACEBOOK INC-A
FB US
3.41
JOHNSON & JOHNSON
JNJ US
3.09
VISA INC-CLASS A SHARES
V US
2.75
MASTERCARD INC-CLASS A
MA US
2.39
ALPHABET INC-CL C
GOOG US
2.35
ALPHABET INC-CL A
GOOGL US
2.24
NESTLE SA-REG
NESN SW
2.15
CISCO SYSTEMS INC
CSCO US
2.11
ROCHE HOLDING AG-GENUSSCHEIN
ROG SW
2.10
PROCTER & GAMBLE CO/THE
PG US
2.05
WALT DISNEY CO/THE
DIS US
1.86
INTEL CORP
INTC US
1.81
PFIZER INC
PFE US
1.76
UNITEDHEALTH GRP
UNH US
1.75
PEPSICO INC
PEP US
1.48
ORACLE CORP
ORCL US
1.28
ACCENTURE PLC-CL A
ACN US
1.20
NIKE INC -CL B
NKE US
1.16
ADOBE INC
ADBE US
1.13
TEXAS INSTRUMENTS INC
TXN US
1.12
NOVO NORDISK A/S-B
NOVOB DC
1.06
UNION PACIFIC CORP
UNP US
0.99
HONEYWELL INTERNATIONAL INC
HON US
0.94
COSTCO WHOLESALE CORP
COST US
0.92
3M CO
MMM US
0.92
INTL BUSINESS MACHINES CORP
IBM US
0.91
ALTRIA GROUP INC
MO US
0.88
LVMH MOET HENNESSY LOUIS VUI
MC FP
0.86
NVIDIA CORP
NVDA US
0.85
ELI LILLY & CO
LLY US
0.85
DIAGEO PLC
DGE LN
0.84
AMGEN INC
AMGN US
0.82
BOOKING HOLDINGS INC
BKNG US
0.82
ASTRAZENECA PLC
AZN LN
0.78
AUTOMATIC DATA PROCESSING
ADP US
0.76
UNILEVER NV-CVA
UNA NA
0.76
INTUIT INC
INTU US
0.74
TJX COMPANIES INC
TJX US
0.73
ASML HOLDING NV
ASML NA
0.67
BRISTOL-MYER SQB
BMY US
0.66
UNILEVER PLC
ULVR LN
0.60
CANADIAN NATL RAILWAY CO
CNR CN
0.51
L'OREAL
OR FP
0.51
RIO TINTO PLC
RIO LN
0.49
ADIDAS AG
ADS GR
0.46
ROSS STORES INC
ROST US
0.44
INTUITIVE SURGICAL INC
ISRG US
0.43
BIOGEN IDEC INC
BIIB US
0.42
ILLINOIS TOOL WORKS
ITW US
0.41
ESTEE LAUDER COMPANIES-CL A
EL US
0.41
APPLIED MATERIALS INC
AMAT US
0.40
RAYTHEON CO
RTN US
0.40
ILLUMINA INC
ILMN US
0.38
NORTHROP GRUMMAN CORP
NOC US
0.38
PROGRESSIVE CORP
PGR US
0.36
RELX PLC
REL LN
0.35
EDWARDS LIFESCIENCES CORP
EW US
0.35
COMPASS GROUP PLC
CPG LN
0.35
MARSH & MCLENNAN COS
MMC US
0.35
PUBLIC STORAGE
PSA US
0.35
KERING
KER FP
0.34
TARGET CORP
TGT US
0.33
HONG KONG EXCHANGES & CLEAR
388 HK
0.33
GENERAL DYNAMICS CORP
GD US
0.32
PAYCHEX INC
PAYX US
0.31
AON PLC
AON US
0.31
KDDI CORP
9433 JP
0.31
EMERSON ELECTRIC CO
EMR US
0.30
LAM RESEARCH CORP
LRCX US
0.30
KAO CORP
4452 JP
0.30
DOLLAR GENERAL CORP
DG US
0.29
TE CONNECTIVITY LTD
TEL US
0.29
XILINX INC
XLNX US
0.28
AMADEUS IT GROUP SA
AMS SM
0.28
RED HAT INC
RHT US
0.28
COGNIZANT TECH SOLUTIONS-A
CTSH US
0.28
RECRUIT HOLDINGS CO LTD
6098 JP
0.27
INDITEX
ITX SM
0.27
FISERV INC
FISV US
0.27
LYONDELLBASELL INDU-CL A
LYB US
0.26
VF CORP
VFC US
0.26
AMPHENOL CORP-CL A
APH US
0.25
T ROWE PRICE GROUP INC
TROW US
0.24
ALIGN TECHNOLOGY INC
ALGN US
0.23
HOYA CORP
7741 JP
0.22
EXPERIAN PLC
EXPN LN
0.22
MONSTER BEVERAGE CORP
MNST US
0.22
REGENERON PHARMACEUTICALS
REGN US
0.22
CUMMINS INC
CMI US
0.22
IMPERIAL BRANDS PLC
IMB LN
0.21
ULTA BEAUTY INC
ULTA US
0.21
HERMES INTERNATIONAL
RMS FP
0.20
ATLAS COPCO AB-A SHS
ATCOA SS
0.20
PPG INDUSTRIES INC
PPG US
0.20
JAPAN TOBACCO INC
2914 JP
0.19
LULULEMON ATHLETICA INC
LULU US
0.19
ROCKWELL AUTOMATION INC
ROK US
0.19
ASTELLAS PHARMA INC
4503 JP
0.19
METTLER-TOLEDO INTERNATIONAL
MTD US
0.18
AMERIPRISE FINAN
AMP US
0.18
FERRARI NV
RACE IM
0.18
KONE OYJ-B
KNEBV FH
0.18
FASTENAL CO
FAST US
0.18
KLA-TENCOR CORP
KLAC US
0.17
APTIV PLC
APTV US
0.17
CONSTELLATION SOFTWARE INC
CSU CN
0.17
BEST BUY CO INC
BBY US
0.17
CADENCE DESIGN SYS INC
CDNS US
0.16
GEBERIT AG-REG
GEBN SW
0.16
LAS VEGAS SANDS CORP
LVS US
0.16
OMNICOM GROUP
OMC US
0.16
MAXIM INTEGRATED PRODUCTS
MXIM US
0.16
VEEVA SYSTEMS INC-CLASS A
VEEV US
0.16
CINTAS CORP
CTAS US
0.16
COLOPLAST-B
COLOB DC
0.15
BROWN-FORMAN CORP-CLASS B
BF/B US
0.15
BAE SYSTEMS PLC
BA/ LN
0.15
WOLTERS KLUWER
WKL NA
0.15
NETAPP INC
NTAP US
0.15
INFINEON TECHNOLOGIES AG
IFX GR
0.15
COPART INC
CPRT US
0.15
RESMED INC
RMD US
0.14
LEGAL & GENERAL GROUP PLC
LGEN LN
0.14
PARTNERS GROUP HOLDING AG
PGHN SW
0.14
SMITH & NEPHEW PLC
SN/ LN
0.14
WATERS CORP
WAT US
0.14
CGI INC
GIB/A CN
0.14
BROADRIDGE FINANCIAL SOLUTIO
BR US
0.14
SAMPO OYJ-A SHS
SAMPO FH
0.14
CHURCH & DWIGHT CO INC
CHD US
0.14
FERGUSON PLC
FERG LN
0.14
DSV A/S
DSV DC
0.13
VESTAS WIND SYST
VWS DC
0.13
NVR INC
NVR US
0.13
DARDEN RESTAURANTS INC
DRI US
0.13
TRACTOR SUPPLY COMPANY
TSCO US
0.13
SKYWORKS SOLUTIONS INC
SWKS US
0.13
EXPEDITORS INTL WASH INC
EXPD US
0.12
HENKEL AG & CO KGAA VORZUG
HEN3 GR
0.12
SHIONOGI & CO LTD
4507 JP
0.12
WW GRAINGER INC
GWW US
0.12
CHECK POINT SOFTWARE TECH
CHKP US
0.12
SGS SA-REG
SGSN SW
0.12
ANSYS INC
ANSS US
0.12
CELANESE CORP-SERIES A
CE US
0.12
CONTINENTAL AG
CON GR
0.11
MARKETAXESS HOLDINGS INC
MKTX US
0.11
ARISTA NETWORKS INC
ANET US
0.11
MAGNA INTERNATIONAL INC
MG CN
0.11
TD AMERITRADE HOLDING CORP
AMTD US
0.11
FACTSET RESEARCH SYSTEMS INC
FDS US
0.11
PAYCOM SOFTWARE INC
PAYC US
0.11
VARIAN MEDICAL SYSTEMS INC
VAR US
0.11
ATLAS COPCO AB-B SHS
ATCOB SS
0.10
C.H. ROBINSON WORLDWIDE INC
CHRW US
0.10
SANDS CHINA LTD-REG S
1928 HK
0.10
INTERTEK GROUP PLC
ITRK LN
0.10
GALAXY ENTERTAIN
27 HK
0.10
SONOVA HOLDING AG-REG
SOON SW
0.10
CHR HANSEN HOLDING A/S
CHR DC
0.10
HENNES & MAURITZ AB-B SHS
HMB SS
0.10
3I GROUP PLC
III LN
0.10
FOX CORP - CLASS A
FOXA US
0.09
NOVOZYMES A/S-B SHARES
NZYMB DC
0.09
F5 NETWORKS INC
FFIV US
0.09
HORMEL FOODS CORP
HRL US
0.09
IDEX CORP
IEX US
0.09
HUNTINGTON INGALLS INDUSTRIE
HII US
0.09
THALES SA
HO FP
0.09
SYSMEX CORP
6869 JP
0.09
ASHTEAD GROUP PLC
AHT LN
0.09
JACK HENRY & ASSOCIATES INC
JKHY US
0.09
MTU AERO ENGINES HOLDING AG
MTX GR
0.09
BEIERSDORF AG
BEI GR
0.09
HASBRO INC
HAS US
0.09
FORTINET INC
FTNT US
0.09
SAGE GROUP PLC/THE
SGE LN
0.09
BURBERRY GROUP PLC
BRBY LN
0.08
GARMIN LTD
GRMN US
0.08
ALLEGION PLC
ALLE US
0.08
HARGREAVES LANSDOWN PLC
HL/ LN
0.08
HENRY SCHEIN INC
HSIC US
0.08
DAITO TRUST CONSTRUCT CO LTD
1878 JP
0.08
TEMENOS AG
TEMN SW
0.08
SNAP-ON INC
SNA US
0.08
WHITBREAD PLC
WTB LN
0.08
NEXT PLC
NXT LN
0.08
SCHINDLER HOLDING-PART CERT
SCHP SW
0.08
AVERY DENNISON CORP
AVY US
0.08
OLD DOMINION FREIGHT LINE
ODFL US
0.08
FRANKLIN RESOURCES INC
BEN US
0.08
HALMA PLC
HLMA LN
0.07
COVESTRO AG
1COV GR
0.07
ROBERT HALF INTL INC
RHI US
0.07
BANDAI NAMCO HOLDINGS INC
7832 JP
0.07
PERSIMMON PLC
PSN LN
0.07
SPIRIT AEROSYSTEMS HOLD-CL A
SPR US
0.07
TECHTRONIC INDUSTRIES CO LTD
669 HK
0.07
KUEHNE & NAGEL INTL AG-REG
KNIN SW
0.07
NITORI HOLDINGS CO LTD
9843 JP
0.07
PACKAGING CORP OF AMERICA
PKG US
0.07
CRODA INTERNATIONAL PLC
CRDA LN
0.07
SEI INVESTMENTS COMPANY
SEIC US
0.07
LEAR CORP
LEA US
0.07
ADECCO GROUP SA-REG
ADEN SW
0.07
BUNZL PLC
BNZL LN
0.07
MONCLER SPA
MONC IM
0.07
M3 INC
2413 JP
0.07
TAPESTRY INC
TPR US
0.07
HENKEL AG & CO KGAA
HEN GR
0.07
BORGWARNER INC
BWA US
0.07
MONDI PLC
MNDI LN
0.06
SPIRAX-SARCO ENGINEERING PLC
SPX LN
0.06
KNORR-BREMSE AG
KBX GR
0.06
JAPAN EXCHANGE GROUP INC
8697 JP
0.06
HUNT (JB) TRANS
JBHT US
0.06
KIRKLAND LAKE GOLD LTD
KL CN
0.06
COGNEX CORP
CGNX US
0.06
OBIC CO LTD
4684 JP
0.06
ERIE INDEMNITY COMPANY-CL A
ERIE US
0.06
WABCO HOLDINGS INC
WBC US
0.06
EPIROC AB-A
EPIA SS
0.06
SMITH (A.O.) CORP
AOS US
0.06
HEICO CORP-CLASS A
HEI/A US
0.06
SOUTHWEST AIRLINES CO
LUV US
0.06
ROLLINS INC
ROL US
0.06
BARRATT DEVELOPMENTS PLC
BDEV LN
0.05
GILDAN ACTIVEWEAR INC
GIL CN
0.05
TAYLOR WIMPEY PLC
TW/ LN
0.05
JOHNSON MATTHEY PLC
JMAT LN
0.05
ST JAMES'S PLACE PLC
STJ LN
0.05
ADMIRAL GROUP PLC
ADM LN
0.05
FISHER & PAYKEL HEALTHCARE C
FPH NZ
0.05
EMS-CHEMIE HOLDING AG-REG
EMSN SW
0.05
BOLIDEN AB
BOL SS
0.05
ITV PLC
ITV LN
0.05
ELISA OYJ
ELISA FH
0.05
SKF AB-B SHARES
SKFB SS
0.05
SINGAPORE EXCHANGE LTD
SGX SP
0.05
MISUMI GROUP INC
9962 JP
0.05
SAPUTO INC
SAP CN
0.05
SIEMENS HEALTHINEERS AG
SHL GR
0.05
WARTSILA OYJ ABP
WRT1V FH
0.05
RANDSTAND NV
RAND NA
0.05
BERKELEY GROUP HOLDINGS
BKG LN
0.05
FOX CORP - CLASS B
FOX US
0.05
MANPOWERGROUP INC
MAN US
0.04
NEKTAR THERAPEUTICS
NKTR US
0.04
TREND MICRO INC
4704 JP
0.04
KOSE CORP
4922 JP
0.04
CAPRI HOLDINGS LTD
CPRI US
0.04
KOITO MANUFACTURING CO LTD
7276 JP
0.04
ZOZO INC
3092 JP
0.04
DAIFUKU CO LTD
6383 JP
0.04
NISSAN CHEMICAL INDUSTRIES
4021 JP
0.04
IPSEN
IPN FP
0.04
IPG PHOTONICS CORP
IPGP US
0.04
ADVANTEST CORP
6857 JP
0.04
ACUITY BRANDS INC
AYI US
0.04
EATON VANCE CORP
EV US
0.04
RECORDATI SPA
REC IM
0.04
SINGAPORE TECH ENGINEERING
STE SP
0.04
VITASOY INTL HOLDINGS LTD
345 HK
0.04
SCHINDLER HOLDING AG-REG
SCHN SW
0.04
PIGEON CORP
7956 JP
0.04
GAP INC/THE
GPS US
0.04
LEGGETT & PLATT INC
LEG US
0.04
TELECOM CORP OF NEW ZEALAND
SPK NZ
0.04
POLARIS INDUSTRIES INC
PII US
0.04
CI FINANCIAL CORP
CIX CN
0.03
PANDORA A/S
PNDORA DC
0.03
RYOHIN KEIKAKU CO LTD
7453 JP
0.03
COLRUYT SA
COLR BB
0.03
EPIROC AB-B
EPIB SS
0.03
HUGO BOSS AG -ORD
BOSS GR
0.03
OTSUKA CORP
4768 JP
0.03
USS CO LTD
4732 JP
0.03
ORION OYJ-CLASS B
ORNBV FH
0.03
SARTORIUS STEDIM BIOTECH
DIM FP
0.03
KAKAKU.COM INC
2371 JP
0.03
JERONIMO MARTINS
JMT PL
0.03
NOKIAN RENKAAT OYJ
TYRES FH
0.03
HAKUHODO DY HOLDINGS INC
2433 JP
0.03
DISCO CORP
6146 JP
0.03
DEMANT A/S
DEMANT DC
0.03
MONOTARO CO LTD
3064 JP
0.03
ORACLE CORP JAPAN
4716 JP
0.03
VENTURE CORP LTD
VMS SP
0.02
FUCHS PETROLUB AG -PFD
FPE3 GR
0.02
TSURUHA HOLDINGS INC
3391 JP
0.02
RYMAN HEALTHCARE LTD
RYM NZ
0.02
DAIRY FARM INTL HLDGS LTD
DFI SP
0.02
SATS LTD
SATS SP
0.02
CALBEE INC
2229 JP
0.02
RTL GROUP
RRTL GR
0.02
ABC-MART INC
2670 JP
0.02
SOCIETE BIC SA
BB FP
0.01
SUNDRUG CO LTD
9989 JP
0.01
BOLIDEN AB-REDEMPTION SHARES
BOLIL SS
0.00
OTHER/CASH
--
-0.37
Total 99.99
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.