Fund report

UCITS · Netherlands · Distributing

TDIV

Large-cap dividend-paying stocks of developed-market companies
VanEck Vectors Morningstar Developed Markets Dividend Leaders UCITS ETF
NL0011683594 · VDIV · TDGB · TKCPF · VanEck
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Concentration
Moderately concentratedtop 10 = 34.5%
diversifiedconcentrated
GROWTH · NAV (EUR)rebased to 0%
Holdings
101
as of 2026-08-11
Top 10
34.5%
TER
0.38%
cheaper than 28% of peers
Net assets
≈ US$9.16B
as filed
Largest
4.7%
P / E
12.2
covers 96.0% by weight
01Overview
the fund's regulatory facts
Distribution
Distributing
Fund currency
EUR
Domicile
Netherlands
Structure
Open-ended
First listed
2016-05-16
Volatility 1Y
17.2%
Tracked index
Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index
How it tracks
Physical, full
Risk rating
4 of 7
Lends its stock
No
02Valuation and performance
market price return · as of 2026-08-24
1M
-10.3%
3M
-10.2%
6M
-10.7%
YTD
-1.4%
1Y
+4.9%
Valuation95 companies covered · weighted, profitable holdings only
12.2
price / earnings
MethodologyCompany-data coverageThe rest is 1% bonds, cash or other non-equity; 3% cannot be reliably linked to the financial and market data used in this analysis. We exclude uncertain matches rather than estimate them.
8.2%
MethodologyEarnings yieldP/E is price over earnings; earnings yield is the reverse, earnings over price, and reads like a bond yield. P/E covers only the profitable holdings, since a loss-making company has no meaningful P/E. Earnings yield counts the loss-makers too, so it covers more of the fund and can fall below zero when the holdings lose money overall.
covers 96% by weight
1.33
price / book
covers 85.0% by weight

Computed from company filings and reported position values. MethodologyPortfolio valuationComputed by us from each company's own financial statements and the position values funds report, currency-adjusted and weighted harmonically. P/E covers profitable holdings only. Book value uses the most recent reported quarter.. Not investment advice.

03Holdings
50 largest · as of 2026-08-11
#CompanyIdentifierWeight
1Verizon Communications Inc USVZ
4.7
2HSBC Holdings PLC GBHSBA
4.6
3Nestle SA CHNESN
3.9
4Pfizer Inc USPFE
3.9
5Shell PLC GBSHEL
3.3
6TotalEnergies SE FRTTE
3.2
7Pepsico, Inc. USPEP
3.0
8Allianz SE DEALV
2.8
9Intesa Sanpaolo SpA ITISP
2.6
10Novo Nordisk A/S DKNOVOB
2.5
11Banco Bilbao Vizcaya Argentaria SA ESBBVA
2.4
12BNP Paribas SA FRBNP
2.3
13Bristol-Myers Squibb Co USBMY
2.2
14Unilever PLC GBULVR
2.1
15UniCredit SpA ITUCG
2.1
16Sanofi SA FRSAN
2.0
17BP PLC GBBP/
2.0
18Comcast Corp USCMCSA
2.0
19Iberdrola SA ESIBE
1.9
20Enel SpA ITENEL
1.7
21AXA SA FRCS
1.6
22ING Groep N.V. NLINGA
1.4
23Bank of Nova Scotia/The CABNS
1.4
24National Australia Bank Ltd AUNAB
1.3
25NatWest Group PLC GBNWG
1.3
26Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen DEMUV2
1.3
27Nordea Bank Abp FINDA
1.3
28National Grid PLC GBNG/
1.2
29Westpac Banking Corp AUWBC
1.2
30ANZ Group Holdings Ltd AUANZ
1.2
31Engie SA FRENGI
1.1
32Vinci SA FRDG
1.1
33Mercedes-Benz Group AG DEMBG
1.1
34Woodside Energy Group Ltd AUWDS
0.9
35Oversea-Chinese Banking Corp Ltd SGOCBC
0.9
36Eni SpA ITENI
0.9
37Reckitt Benckiser Group PLC GBRKT
0.8
38Deutsche Post AG DEDHL
0.8
39Swiss Re AG CHSREN
0.8
40CSL Ltd AUCSL
0.8
41Manulife Financial Corp CAMFC
0.8
42Other/Cash --
0.7
43CaixaBank SA ESCABK
0.7
44Swedbank AB SESWEDA
0.7
45SoftBank Corp JP9434
0.6
46Danske Bank A/S DKDANSKE
0.6
47Aviva PLC GBAV/
0.6
48Generali ITG
0.6
49United Overseas Bank Ltd SGUOB
0.6
50Repsol SA ESREP
0.6
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04Exposure
Equity 99.3%Cash 0.7%
By sector
Financial Services42.4%
Energy12.0%
Healthcare11.9%
Consumer Defensive10.8%
Communication Services8.2%
Utilities7.2%
Consumer Cyclical3.2%
Industrials2.7%
Materials0.5%
Technology0.4%
By country
GBUnited Kingdom16.6%
USUnited States16.1%
FRFrance13.2%
ITItaly9.0%
DEGermany7.3%
AUAustralia6.4%
ESSpain5.6%
CHSwitzerland4.7%
CurrencyEUR 40.1% GBP 16.6% USD 16.1% AUD 6.4% CHF 4.7%
Issuer's scenario analysisaverage return per year over 5 years
Stress
-16.3%
Unfavourable
+3.3%
Moderate
+8.4%
Favourable
+22.2%
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Ranked by how much of their holdings you already own through this fund. Overlap by weight where shown.

06Where it trades
14 exchanges
ExchangeMICListed since
Euronext AmsterdamXAMS2016-05-16
Euronext BrusselsXBRU2016-08-17
Börse FrankfurtFRAA2018-12-11
XetraXETA2018-12-11
London Stock ExchangeXLON2019-01-18
Börse HamburgHAMN2019-02-13
Börse DüsseldorfDUSD2019-02-20
Borsa ItalianaETFP2019-04-16
TradegateXGAT2019-10-31
Börse StuttgartSTUB2020-01-22
Börse MünchenMUNB2020-02-20
Euronext ParisXPAR2024-10-01
Börse HannoverHAND2024-12-09
SIX Swiss ExchangeXSWX

Also admitted to 35 other venues, mostly multilateral trading facilities and regional segments.

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