# VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF Accum A USD (TDUK) **Page:** https://fundology.uk/fund/tduk · ISIN IE000QYDXKV5 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, TDUK (VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF Accum A USD, ISIN IE000QYDXKV5) closed at £16.05 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). ## Summary VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF Accum A USD is an exchange-traded fund (ETF) from VanEck, launched in 2026. It tracks the Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£16.05** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TDUK | | ISIN | IE000QYDXKV5 | | Also listed as | TDVX (London Stock Exchange, US dollars) | | Category | Dividend & income | | Type | ETF | | Provider | VanEck | | Tracks | Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.49% a year (£49 per £10,000) | | Fund size | £24.6m | | Launched | 2026 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 17/04/2026 | ## Charges compared with similar funds Ongoing charge of VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF Accum A USD 0.49% a year. Compared on 14/11/2026, 22 of the 109 other dividend and income funds charge more, 1 the same and 86 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.49%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 13/11/2026, TDUK holds 101 positions, according to its published holdings. The largest is Nestle at 4.84% of the fund; the ten largest make up 36.1%. ### Top holdings Largest positions (as of 13/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Nestle | [NESN](https://fundology.uk/stock/NESN) | 4.84% | | 2 | Shell | [SHEL](https://fundology.uk/stock/SHEL) | 4.77% | | 3 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 4.71% | | 4 | TotalEnergies | [TTE](https://fundology.uk/stock/TTE) | 4.24% | | 5 | HSBC | [HSBA](https://fundology.uk/stock/HSBA) | 3.55% | | 6 | Sanofi | [SAN](https://fundology.uk/stock/EURONEXT:SAN) | 2.88% | | 7 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 2.87% | | 8 | Unilever | [ULVR](https://fundology.uk/stock/ULVR) | 2.84% | | 9 | BP | [BP.](https://fundology.uk/stock/BP.) | 2.73% | | 10 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 2.66% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector Added up from the fund’s published holdings, as of 13/11/2026. | Sector | Weight | |---|---| | Financials | 40.6% | | Energy | 16.2% | | Health Care | 12.1% | | Consumer Staples | 10.6% | | Utilities | 10.1% | | Consumer Discretionary | 3.5% | | Industrials | 3.4% | | Communication Services | 2.1% | | Other sectors | 1.2% | | Not classified | 0.2% | ### By country Added up from the fund’s published holdings, as of 13/11/2026. | Country | Weight | |---|---| | United Kingdom | 19.3% | | France | 15.1% | | Switzerland | 10.4% | | Italy | 9.3% | | Germany | 8.6% | | Australia | 7.1% | | Spain | 6.3% | | Japan | 5.9% | | Other countries | 17.8% | | Not classified | 0.2% | ### By type of asset Added up from the fund’s published holdings, as of 13/11/2026. | Type of asset | Weight | |---|---| | Equity | 99.8% | | Cash and money market | 0.2% | All 101 holdings: https://fundology.uk/fund/tduk/holdings ## Questions people ask **What is the ongoing charge of TDUK?** The ongoing charge of TDUK is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of VanEck Morningstar Developed Markets ex-US Dividend Leaders UCITS ETF Accum A USD 0.49% a year. Compared on 14/11/2026, 22 of the 109 other dividend and income funds charge more, 1 the same and 86 less (share classes counted once). **What does TDUK track?** TDUK tracks the Morningstar Developed Markets ex-US Large Cap Dividend Leaders Screened Select Index - Benchmark TR Net. **Is TDUK accumulating or distributing?** TDUK is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of TDUK?** The ISIN of TDUK is IE000QYDXKV5. An ISIN identifies one exact share class of a fund; TDUK is its ticker on the London Stock Exchange. The same share class is also listed as TDVX (London Stock Exchange, US dollars). **What does TDUK hold?** As of 13/11/2026, TDUK holds 101 positions, according to its published holdings. The largest is Nestle at 4.84% of the fund; the ten largest make up 36.1%. Its ten largest holdings are Nestle (4.84%), Shell (4.77%), Novartis (4.71%), TotalEnergies (4.24%), HSBC (3.55%), Sanofi (2.88%), Allianz (2.87%), Unilever (2.84%), BP (2.73%) and Iberdrola (2.66%). --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.