VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) ETF Price, Holdings & Analysis

What TDIV does

VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) is an exchange-traded fund that tracks a rules-based index of developed-market companies selected for their dividend track record. It is listed on the Euronext Amsterdam market and classified in the Dividend sector, with a focus on large, established firms that pay regular cash distributions to shareholders. The fund is managed by VanEck Asset Management B.V. and has been running since May 23, 2016.

Key numbers explained

• The current price is 54.55 EUR, with a daily change of -0.49%.
• The trailing P/E ratio of 13.8 indicates the price investors pay per euro of the fund’s recent earnings; a lower number can suggest a more conservative valuation relative to earnings.
• Over the last 52 weeks, the price has ranged from 43.68 to 55.96, showing the spread between the lowest and highest price seen during that period.
• The fund holds 9.48 mld. EUR in fund assets, a measure of the total market value of the securities it owns.
• The top five holdings — Verizon Communications Inc (4.9%), HSBC Holdings PLC (4.6%), Pfizer Inc (4.1%), Nestle SA (3.8%), and Shell PLC (3.3%) — together represent the largest single-name exposures.
• By sector, the fund is concentrated in financial services (42%), healthcare (12%), energy (12%), and consumer defensive (11%).

What to watch

Dividend-focused ETFs like TDIV are sensitive to interest-rate environments, since higher rates can make fixed-income alternatives more attractive relative to dividend income. Sector concentration — particularly the large financial services allocation — can amplify moves in that part of the market. Currency fluctuations also matter, as the fund holds stocks across multiple developed markets. For investors comparing options, TDIV sits alongside peers such as Schwab U.S. Dividend Equity ETF (SCHD), Vanguard High Dividend Yield ETF (VYM), and Vanguard Dividend Appreciation ETF (VIG), as well as broader global dividend products like iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA) and Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYL). The full list of available funds can be explored in the ETFs directory.