QHAL - VanEck MSCI International Quality (Hedged) ETF | Performance

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VanEck MSCI International 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

Country of domicile: Australia

 as at 12-Aug-22

  • Exchange

    ASX

  • ASX code

    QHAL

  • Bloomberg index code

    HA724440

  • Index provider

    MSCI Inc.

  • NAV1

    $36.08

  • Units outstanding1

    12,786,449

  • Net assets1

    $461.3M

  • 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 12-Aug-22

1Other fees and costs apply. Please see the PDS for more details.

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 1pm next business day.
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Performance history (%) View all ETFs » View all indices »

1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return 8.59 -2.35 -11.00 -12.42 9.37 -- -- 9.55
Income return 0.00 1.11 1.01 0.99 1.17 -- -- 1.54
Total return 8.59 -1.24 -9.99 -11.43 10.54 -- -- 11.09
MSCI World ex Australia Quality 100% Hedged to AUD Index 8.63 -1.16 -9.85 -11.12 11.01 11.94 13.62 11.56
MSCI World ex Australia 100% Hedged to AUD Index 7.96 -0.98 -8.31 -7.18 8.70 8.66 12.00 8.95
1 Mth 3 Mths 6 Mths 1 Yr 3 Yrs p.a. 5 Yrs p.a. 10 Yrs p.a. ETF Inception p.a.
Price return -8.66 -17.39 -24.56 -16.53 7.17 -- -- 7.08
Income return 1.04 0.94 0.86 0.95 1.14 -- -- 1.54
Total return -7.62 -16.45 -23.70 -15.58 8.31 -- -- 8.62
MSCI World ex Australia Quality 100% Hedged to AUD Index -7.59 -16.39 -23.59 -15.29 8.77 10.33 12.92 9.08
MSCI World ex Australia 100% Hedged to AUD Index -8.10 -15.10 -19.37 -12.51 6.36 7.33 11.29 6.67
The tables above show past performance of the ETF from 21 March 2019. Index performance shown prior to 22 February 2019 is simulated based on the current Index methodology. Results are calculated to the last business day of the month and assume immediate reinvestment of distributions. ETF results are net of management fees and costs, but before brokerage fees or bid/ask spreads incurred when investors buy/sell on the ASX. Returns for periods longer than one year are annualised. Past performance is not a reliable indicator of current or future performance which may be lower or higher.
The MSCI World ex Australia 100% Hedged to AUD Index (‘MSCI World ex Aus Hedged’) is shown for comparison purposes as it is the widely recognised benchmark used to measure the performance of developed market large- and mid-cap companies, weighted by market capitalisation.  QHAL’s index measures the performance of 300 companies selected from MSCI World ex Aus Hedged based on MSCI quality scores, weighted by market cap x quality score at rebalance. Consequently QHAL’s index has fewer companies and different country and industry allocations than MSCI World ex Aus Hedged. Click here for more details.

Growth of hypothetical $10,000 investment

This graph illustrates a hypothetical $10,000 investment in the fund invested at NAV. The returns included in the hypothetical growth chart have been converted to Australian dollars. Returns reflect capital appreciation and the reinvestment of dividends and capital gains, if any, as well as all fees and expenses. The Index is unmanaged and includes the reinvestment of all dividends, but does not reflect the payment of transaction costs incurred in the fund, advisory fees or expenses that are associated with an investment in the Fund. An index's performance is not illustrative of the fund's performance. You cannot invest in an index. Results reflect past performance and do not guarantee future results.

Calendar year returns (%) as at 31-Dec-21

NAV & premium/discount history
as at 31-Jul-22

Best & worst
quarter returns (%)
as of 30-Jun-22

  • Best quarter

    2Q'20 +18.11%

  • Worst quarter

    2Q'22 -16.45%

Best & worst quarter returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.