VanEck MSCI International Quality ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia equity funds would cost $297 (0.59% a year), so QUAL is $93 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 3 Sept 2026 · 286 securities · top 10 = 39.8%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.9 | −1.0 | −5.4 | 4.6 | 5.0 | 3.6 | −2.0 | 0.4 | 2.9 | −1.1 | 4.7YTD | ||
| 2025 | 3.6 | −2.3 | −6.4 | −1.2 | 4.8 | 2.0 | 2.4 | 0.2 | 1.2 | 4.3 | 0.5 | −0.8 | 8.1 |
| 2024 | 7.6 | 5.9 | 2.6 | −2.6 | 2.4 | 5.2 | −0.4 | −0.4 | −1.1 | 3.8 | 2.2 | 2.3 | 30.6 |
| 2023 | 0.2 | 3.8 | 5.7 | 3.9 | 5.1 | 1.9 | 3.1 | 2.4 | −4.5 | −1.0 | 5.1 | 1.8 | 30.5 |
| 2022 | −6.6 | −7.2 | 3.7 | −3.6 | −3.6 | −4.9 | 6.4 | −2.8 | −3.7 | 7.6 | 0.1 | −2.5 | −17.0 |
| 2021 | −0.2 | −2.2 | 6.2 | 4.1 | 1.7 | 7.0 | 4.5 | 5.4 | −4.2 | −0.3 | 8.0 | 0.5 | 34.0 |
| 2020 | 7.1 | −8.1 | −2.0 | 6.0 | 2.4 | −1.8 | 0.7 | 5.4 | −0.9 | −1.5 | 5.1 | −0.5 | 11.2 |
| 2019 | 4.5 | 6.7 | 2.9 | 4.6 | −3.5 | 4.4 | 5.1 | −0.4 | 0.6 | 1.8 | 5.7 | −0.1 | 36.9 |
| 2018 | 1.7 | 0.4 | −2.2 | 3.2 | 2.3 | 1.7 | 2.6 | 6.0 | 1.0 | −7.0 | −2.0 | −3.8 | 3.3 |
| 2017 | −3.0 | 2.9 | 2.1 | 4.3 | 3.2 | −3.7 | −2.9 | 1.7 | 2.8 | 5.5 | 3.3 | −0.6 | 16.1 |
| 2016 | −4.5 | 0.8 | −0.8 | −0.3 | 6.9 | −4.9 | 4.4 | 0.5 | −2.2 | −2.4 | 3.2 | 5.1 | 5.1 |
| 2015 | 4.6 | 4.1 | 0.8 | −2.9 | 5.5 | −3.7 | 7.9 | −4.4 | −0.5 | 9.2 | −1.9 | −2.0 | 16.6 |
| 2014 | 6.6 | 2.6 | 9.4 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
QUAL questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck MSCI International Quality ETF?
VanEck MSCI International Quality ETF holds 286 securities, and its ten largest positions make up 39.8% of the fund, close to the 35.9% typical of Global ex-Australia equity funds. That makes it moderately diversified.
Its largest country exposure is United States at 78.6%, based on holdings as at 3 Sept 2026.
Which ETFs does QUAL double up with most?
QUAL shares the most holdings with VanEck MSCI International Quality (AUD Hedged) ETF (QHAL) (99% overlap), Global X S&P World ex Australia GARP ETF (GARP) (52% overlap) and Global X S&P World ex Australia GARP (Currency Hedged) ETF (GHRP) (52% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 99%, owning both QUAL and QHAL would mostly double up on the same investments rather than spread your money further. Of these, GARP has the lowest fee, at 0.30% a year against 0.40% for QUAL.
How is VanEck MSCI International Quality ETF managed – active or passive?
VanEck MSCI International Quality ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks. Its index uses a quality approach, so it is sometimes called "smart beta".
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for QUAL?
QUAL charges a management fee of 0.40% a year, about $40 for every $10,000 invested. That is cheaper than 51% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
Lower-cost funds with a similar focus include Betashares Global Quality Leaders ETF (QLTY) at 0.35%, SPDR MSCI World Quality Mix ETF (QMIX) at 0.18% and Betashares Global Quality Leaders ETF - Currency Hedged (HQLT) at 0.38%.
If you would rather have a manager choose the investments, active options such as WCM Quality Global Growth Fund - Active ETF (WCMQ) at 1.25% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.04% for QUAL.
Does VanEck MSCI International Quality ETF follow a theme?
Not a theme as such, but it follows a quality investment style: it screens for companies with strong profitability, stable earnings and low debt.
Other ASX funds using a quality approach include VanEck MSCI International Quality (AUD Hedged) ETF (QHAL), VanEck MSCI International Small Companies Quality ETF (QSML), Betashares Australian Quality ETF (AQLT) and Betashares Global Quality Leaders ETF (QLTY).
What is under the hood of QUAL?
As at 3 Sept 2026, the largest issuers among QUAL's holdings are Microsoft Corp (5.7%), Apple Inc (5.2%), Nvidia Corp (4.9%), Meta Platforms Inc (4.5%), Broadcom Inc (4.3%), Alphabet Inc (4.2% across 2 bonds), Eli Lilly & Co (3.5%), Visa Inc (2.8%), Asml Holding Nv (2.6%) and Johnson & Johnson (2.1%).
Rather than simply weighting companies by market size, its index screens for companies with strong profitability, stable earnings and low debt.
How well has VanEck MSCI International Quality ETF performed?
Based on its category, VanEck MSCI International Quality ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 5.1% over 1 year (median 6.3%; ranked 69 of 121), 15.6% a year over 3 years (median 16.8% a year; ranked 48 of 82) and 11.7% a year over 5 years (median 9.2% a year; ranked 19 of 66). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2014 it has returned 15.1% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for QUAL; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.40% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.