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 20-Aug-19

  • Exchange

    ASX
  • ASX code

    QHAL
  • Bloomberg index code

    HA724440
  • Index provider

    MSCI Inc.
  • NAV1

    $26.30
  • Units outstanding1

    320,034
  • Net assets1

    $8.4M
  • 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 20-Aug-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 20-Aug-19

  • Asset classes

    % of Fund net assets
  • Stocks

    102.89
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    -2.89
  • Total

    100.00

All holdings (%) Download all holdings as at 20-Aug-19

No. of holdings: 301
Security name
Ticker
% of Fund net
assets
APPLE INC
AAPL US
5.62
MICROSOFT CORP
MSFT US
5.40
FACEBOOK INC-A
FB US
3.60
VISA INC-CLASS A SHARES
V US
2.97
JOHNSON & JOHNSON
JNJ US
2.93
ALPHABET INC-CL C
GOOG US
2.60
MASTERCARD INC-CLASS A
MA US
2.59
ALPHABET INC-CL A
GOOGL US
2.48
NESTLE SA-REG
NESN SW
2.38
PROCTER & GAMBLE CO/THE
PG US
2.24
ROCHE HOLDING AG-GENUSSCHEIN
ROG SW
2.15
INTEL CORP
INTC US
1.84
CISCO SYSTEMS INC
CSCO US
1.83
WALT DISNEY CO/THE
DIS US
1.81
UNITEDHEALTH GRP
UNH US
1.75
PEPSICO INC
PEP US
1.50
PFIZER INC
PFE US
1.46
ACCENTURE PLC-CL A
ACN US
1.29
ORACLE CORP
ORCL US
1.29
TEXAS INSTRUMENTS INC
TXN US
1.28
ADOBE INC
ADBE US
1.20
NIKE INC -CL B
NKE US
1.14
NOVO NORDISK A/S-B
NOVOB DC
1.07
UNION PACIFIC CORP
UNP US
1.02
COSTCO WHOLESALE CORP
COST US
0.99
NVIDIA CORP
NVDA US
0.99
AMGEN INC
AMGN US
0.97
INTL BUSINESS MACHINES CORP
IBM US
0.91
HONEYWELL INTERNATIONAL INC
HON US
0.91
3M CO
MMM US
0.90
ASTRAZENECA PLC
AZN LN
0.90
BOOKING HOLDINGS INC
BKNG US
0.89
LVMH MOET HENNESSY LOUIS VUI
MC FP
0.86
ELI LILLY & CO
LLY US
0.86
DIAGEO PLC
DGE LN
0.83
INTUIT INC
INTU US
0.80
ALTRIA GROUP INC
MO US
0.80
AUTOMATIC DATA PROCESSING
ADP US
0.80
UNILEVER NV
UNA NA
0.76
ASML HOLDING NV
ASML NA
0.74
TJX COMPANIES INC
TJX US
0.72
BRISTOL-MYER SQB
BMY US
0.68
UNILEVER PLC
ULVR LN
0.60
CANADIAN NATL RAILWAY CO
CNR CN
0.53
L'OREAL
OR FP
0.49
ESTEE LAUDER COMPANIES-CL A
EL US
0.48
ADIDAS AG
ADS GR
0.47
ROSS STORES INC
ROST US
0.47
NORTHROP GRUMMAN CORP
NOC US
0.47
APPLIED MATERIALS INC
AMAT US
0.46
EDWARDS LIFESCIENCES CORP
EW US
0.43
INTUITIVE SURGICAL INC
ISRG US
0.43
BIOGEN IDEC INC
BIIB US
0.43
RAYTHEON CO
RTN US
0.43
ILLINOIS TOOL WORKS
ITW US
0.42
RIO TINTO PLC
RIO LN
0.40
PUBLIC STORAGE
PSA US
0.38
COMPASS GROUP PLC
CPG LN
0.38
GENERAL DYNAMICS CORP
GD US
0.36
RELX PLC
REL LN
0.35
LAM RESEARCH CORP
LRCX US
0.35
MARSH & MCLENNAN COS
MMC US
0.35
PROGRESSIVE CORP
PGR US
0.35
TARGET CORP
TGT US
0.33
FISERV INC
FISV US
0.33
ILLUMINA INC
ILMN US
0.32
KDDI CORP
9433 JP
0.32
AON PLC
AON US
0.32
HONG KONG EXCHANGES & CLEAR
388 HK
0.32
KERING
KER FP
0.31
PAYCHEX INC
PAYX US
0.30
DOLLAR GENERAL CORP
DG US
0.30
TE CONNECTIVITY LTD
TEL US
0.29
KAO CORP
4452 JP
0.29
INDITEX
ITX SM
0.29
EMERSON ELECTRIC CO
EMR US
0.28
XILINX INC
XLNX US
0.28
COGNIZANT TECH SOLUTIONS-A
CTSH US
0.28
AMADEUS IT GROUP SA
AMS SM
0.27
RECRUIT HOLDINGS CO LTD
6098 JP
0.27
T ROWE PRICE GROUP INC
TROW US
0.25
HOYA CORP
7741 JP
0.25
VF CORP
VFC US
0.24
EXPERIAN PLC
EXPN LN
0.23
LYONDELLBASELL INDU-CL A
LYB US
0.23
AMPHENOL CORP-CL A
APH US
0.23
KLA CORP
KLAC US
0.22
MONSTER BEVERAGE CORP
MNST US
0.21
REGENERON PHARMACEUTICALS
REGN US
0.21
IMPERIAL BRANDS PLC
IMB LN
0.21
HERMES INTERNATIONAL
RMS FP
0.20
LULULEMON ATHLETICA INC
LULU US
0.20
ULTA BEAUTY INC
ULTA US
0.20
CUMMINS INC
CMI US
0.20
ASTELLAS PHARMA INC
4503 JP
0.19
ATLAS COPCO AB-A SHS
ATCOA SS
0.19
PPG INDUSTRIES INC
PPG US
0.19
APTIV PLC
APTV US
0.19
ROCKWELL AUTOMATION INC
ROK US
0.18
FERRARI NV
RACE IM
0.18
KONE OYJ-B
KNEBV FH
0.18
CINTAS CORP
CTAS US
0.18
JAPAN TOBACCO INC
2914 JP
0.18
CONSTELLATION SOFTWARE INC
CSU CN
0.18
COLOPLAST-B
COLOB DC
0.17
FASTENAL CO
FAST US
0.17
BEST BUY CO INC
BBY US
0.17
BAE SYSTEMS PLC
BA/ LN
0.17
RESMED INC
RMD US
0.17
CADENCE DESIGN SYS INC
CDNS US
0.17
PARTNERS GROUP HOLDING AG
PGHN SW
0.16
BROWN-FORMAN CORP-CLASS B
BF/B US
0.16
LAS VEGAS SANDS CORP
LVS US
0.16
GEBERIT AG-REG
GEBN SW
0.16
OMNICOM GROUP
OMC US
0.16
SMITH & NEPHEW PLC
SN/ LN
0.16
AMERIPRISE FINAN
AMP US
0.15
VEEVA SYSTEMS INC-CLASS A
VEEV US
0.15
METTLER-TOLEDO INTERNATIONAL
MTD US
0.15
MAXIM INTEGRATED PRODUCTS
MXIM US
0.15
INFINEON TECHNOLOGIES AG
IFX GR
0.15
COPART INC
CPRT US
0.15
WOLTERS KLUWER
WKL NA
0.15
WATERS CORP
WAT US
0.15
CGI INC
GIB/A CN
0.15
CHURCH & DWIGHT CO INC
CHD US
0.14
BROADRIDGE FINANCIAL SOLUTIO
BR US
0.14
FERGUSON PLC
FERG LN
0.14
NVR INC
NVR US
0.14
DSV A/S
DSV DC
0.14
MARKETAXESS HOLDINGS INC
MKTX US
0.14
SKYWORKS SOLUTIONS INC
SWKS US
0.13
DARDEN RESTAURANTS INC
DRI US
0.13
ALIGN TECHNOLOGY INC
ALGN US
0.13
ANSYS INC
ANSS US
0.13
CELANESE CORP-SERIES A
CE US
0.13
SAMPO OYJ-A SHS
SAMPO FH
0.13
PAYCOM SOFTWARE INC
PAYC US
0.12
TRACTOR SUPPLY COMPANY
TSCO US
0.12
SHIONOGI & CO LTD
4507 JP
0.12
HENKEL AG & CO KGAA VORZUG
HEN3 GR
0.12
WW GRAINGER INC
GWW US
0.12
VESTAS WIND SYST
VWS DC
0.12
EXPEDITORS INTL WASH INC
EXPD US
0.12
CHECK POINT SOFTWARE TECH
CHKP US
0.12
MAGNA INTERNATIONAL INC
MG CN
0.12
LEGAL & GENERAL GROUP PLC
LGEN LN
0.11
SGS SA-REG
SGSN SW
0.11
HENNES & MAURITZ AB-B SHS
HMB SS
0.11
NETAPP INC
NTAP US
0.11
MTU AERO ENGINES HOLDING AG
MTX GR
0.11
C.H. ROBINSON WORLDWIDE INC
CHRW US
0.11
ARISTA NETWORKS INC
ANET US
0.10
GALAXY ENTERTAIN
27 HK
0.10
SANDS CHINA LTD-REG S
1928 HK
0.10
FACTSET RESEARCH SYSTEMS INC
FDS US
0.10
3I GROUP PLC
III LN
0.10
SONOVA HOLDING AG-REG
SOON SW
0.10
ATLAS COPCO AB-B SHS
ATCOB SS
0.10
BURBERRY GROUP PLC
BRBY LN
0.10
IDEX CORP
IEX US
0.10
INTERTEK GROUP PLC
ITRK LN
0.10
CONTINENTAL AG
CON GR
0.10
TD AMERITRADE HOLDING CORP
AMTD US
0.10
HASBRO INC
HAS US
0.10
ASHTEAD GROUP PLC
AHT LN
0.09
FORTINET INC
FTNT US
0.09
HORMEL FOODS CORP
HRL US
0.09
JACK HENRY & ASSOCIATES INC
JKHY US
0.09
FOX CORP - CLASS A
FOXA US
0.09
BEIERSDORF AG
BEI GR
0.09
HUNTINGTON INGALLS INDUSTRIE
HII US
0.09
BANDAI NAMCO HOLDINGS INC
7832 JP
0.09
OLD DOMINION FREIGHT LINE
ODFL US
0.09
VARIAN MEDICAL SYSTEMS INC
VAR US
0.09
THALES SA
HO FP
0.09
NITORI HOLDINGS CO LTD
9843 JP
0.08
NOVOZYMES A/S-B SHARES
NZYMB DC
0.08
DAITO TRUST CONSTRUCT CO LTD
1878 JP
0.08
F5 NETWORKS INC
FFIV US
0.08
GARMIN LTD
GRMN US
0.08
AVERY DENNISON CORP
AVY US
0.08
HARGREAVES LANSDOWN PLC
HL/ LN
0.08
M3 INC
2413 JP
0.08
SYSMEX CORP
6869 JP
0.08
SCHINDLER HOLDING-PART CERT
SCHP SW
0.08
NEXT PLC
NXT LN
0.08
KUEHNE & NAGEL INTL AG-REG
KNIN SW
0.08
SAGE GROUP PLC/THE
SGE LN
0.08
TECHTRONIC INDUSTRIES CO LTD
669 HK
0.08
PACKAGING CORP OF AMERICA
PKG US
0.08
TEMENOS AG
TEMN SW
0.07
ALLEGION PLC
ALLE US
0.07
SEI INVESTMENTS COMPANY
SEIC US
0.07
ROBERT HALF INTL INC
RHI US
0.07
CHR HANSEN HOLDING A/S
CHR DC
0.07
KIRKLAND LAKE GOLD LTD
KL CN
0.07
HALMA PLC
HLMA LN
0.07
SNAP-ON INC
SNA US
0.07
HENRY SCHEIN INC
HSIC US
0.07
COVESTRO AG
1COV GR
0.07
WHITBREAD PLC
WTB LN
0.07
PERSIMMON PLC
PSN LN
0.07
HUNT (JB) TRANS
JBHT US
0.07
MONCLER SPA
MONC IM
0.07
SPIRIT AEROSYSTEMS HOLD-CL A
SPR US
0.07
ADVANTEST CORP
6857 JP
0.06
ADECCO GROUP SA-REG
ADEN SW
0.06
HENKEL AG & CO KGAA
HEN GR
0.06
HEICO CORP-CLASS A
HEI/A US
0.06
BUNZL PLC
BNZL LN
0.06
FRANKLIN RESOURCES INC
BEN US
0.06
EPIROC AB-A
EPIA SS
0.06
CRODA INTERNATIONAL PLC
CRDA LN
0.06
JAPAN EXCHANGE GROUP INC
8697 JP
0.06
COGNEX CORP
CGNX US
0.06
WABCO HOLDINGS INC
WBC US
0.06
SMITH (A.O.) CORP
AOS US
0.06
BARRATT DEVELOPMENTS PLC
BDEV LN
0.06
MONDI PLC
MNDI LN
0.06
SPIRAX-SARCO ENGINEERING PLC
SPX LN
0.06
OBIC CO LTD
4684 JP
0.06
LEAR CORP
LEA US
0.06
SOUTHWEST AIRLINES CO
LUV US
0.05
FISHER & PAYKEL HEALTHCARE C
FPH NZ
0.05
ADMIRAL GROUP PLC
ADM LN
0.05
SINGAPORE EXCHANGE LTD
SGX SP
0.05
ELISA OYJ
ELISA FH
0.05
ERIE INDEMNITY COMPANY-CL A
ERIE US
0.05
KNORR-BREMSE AG
KBX GR
0.05
GILDAN ACTIVEWEAR INC
GIL CN
0.05
BORGWARNER INC
BWA US
0.05
SAPUTO INC
SAP CN
0.05
ZOZO INC
3092 JP
0.05
ROLLINS INC
ROL US
0.05
EMS-CHEMIE HOLDING AG-REG
EMSN SW
0.05
TAYLOR WIMPEY PLC
TW/ LN
0.05
BERKELEY GROUP HOLDINGS
BKG LN
0.05
ITV PLC
ITV LN
0.05
TAPESTRY INC
TPR US
0.05
JOHNSON MATTHEY PLC
JMAT LN
0.05
TREND MICRO INC
4704 JP
0.05
SIEMENS HEALTHINEERS AG
SHL GR
0.05
ST JAMES'S PLACE PLC
STJ LN
0.05
SKF AB-B SHARES
SKFB SS
0.04
FOX CORP - CLASS B
FOX US
0.04
NISSAN CHEMICAL INDUSTRIES
4021 JP
0.04
KOSE CORP
4922 JP
0.04
MISUMI GROUP INC
9962 JP
0.04
BOLIDEN AB
BOL SS
0.04
KAKAKU.COM INC
2371 JP
0.04
RANDSTAND NV
RAND NA
0.04
MANPOWERGROUP INC
MAN US
0.04
RECORDATI SPA
REC IM
0.04
KOITO MANUFACTURING CO LTD
7276 JP
0.04
PANDORA A/S
PNDORA DC
0.04
SINGAPORE TECH ENGINEERING
STE SP
0.04
SCHINDLER HOLDING AG-REG
SCHN SW
0.04
EATON VANCE CORP
EV US
0.04
WARTSILA OYJ ABP
WRT1V FH
0.04
DAIFUKU CO LTD
6383 JP
0.04
LEGGETT & PLATT INC
LEG US
0.04
TELECOM CORP OF NEW ZEALAND
SPK NZ
0.04
ACUITY BRANDS INC
AYI US
0.04
IPG PHOTONICS CORP
IPGP US
0.04
PIGEON CORP
7956 JP
0.04
DISCO CORP
6146 JP
0.04
CAPRI HOLDINGS LTD
CPRI US
0.04
EPIROC AB-B
EPIB SS
0.03
SARTORIUS STEDIM BIOTECH
DIM FP
0.03
ORION OYJ-CLASS B
ORNBV FH
0.03
RYOHIN KEIKAKU CO LTD
7453 JP
0.03
POLARIS INC
PII US
0.03
GAP INC/THE
GPS US
0.03
IPSEN
IPN FP
0.03
ORACLE CORP JAPAN
4716 JP
0.03
CI FINANCIAL CORP
CIX CN
0.03
VITASOY INTL HOLDINGS LTD
345 HK
0.03
JERONIMO MARTINS
JMT PL
0.03
USS CO LTD
4732 JP
0.03
HUGO BOSS AG -ORD
BOSS GR
0.03
OTSUKA CORP
4768 JP
0.03
NOKIAN RENKAAT OYJ
TYRES FH
0.03
MONOTARO CO LTD
3064 JP
0.03
TSURUHA HOLDINGS INC
3391 JP
0.03
HAKUHODO DY HOLDINGS INC
2433 JP
0.03
DEMANT A/S
DEMANT DC
0.03
RYMAN HEALTHCARE LTD
RYM NZ
0.02
COLRUYT SA
COLR BB
0.02
NEKTAR THERAPEUTICS
NKTR US
0.02
VENTURE CORP LTD
VMS SP
0.02
FUCHS PETROLUB AG -PFD
FPE3 GR
0.02
DAIRY FARM INTL HLDGS LTD
DFI SP
0.02
SATS LTD
SATS SP
0.02
CALBEE INC
2229 JP
0.02
SUNDRUG CO LTD
9989 JP
0.02
RTL GROUP
RRTL GR
0.02
ABC-MART INC
2670 JP
0.01
SOCIETE BIC SA
BB FP
0.01
NORDEA BANK ABP
NDA FH
0.00
NORDEA BANK ABP
NDA SS
0.00
OTHER/CASH
--
-2.89
Total 99.96
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.