QSML ETF: A Guide to Vaneck MSCI Intl Small Companies Quality ETF

Overview

VanEck MSCI International Small Companies Quality ETF (QSML) is an Australian-listed fund with a small-company quality focus. Its supplied portfolio data shows a diversified set of holdings, led by Industrials, while the performance figures are mixed across the reported periods: the year-to-date and one-year returns are negative, compared with positive three- and five-year returns.

Category

QSML offers an approach centred on smaller companies and a quality investment theme. Rather than relying on a handful of large holdings, its top 10 represent 13.474% of the portfolio. The sector mix is led by Industrials, with Financial Services and Technology also making up notable allocations.

Smaller companies can offer exposure to businesses with different growth drivers from large-cap market leaders, but their share prices may also be more sensitive to economic conditions, financing costs and shifts in investor risk appetite. QSML’s portfolio spans industrial, financial, technology and healthcare businesses, while its largest holdings are predominantly North American companies.

Key facts

Ticker

QSML

Exchange

AU

ISIN

AU0000137804

Provider

VanEck Investments Limited

Domicile

Australia

Currency

AUD

Inception date

2021-03-08

UCITS

No

Costs

TER

0.00%

Net expense ratio

0.00%

AUM

1.6B

The supplied total expense ratio is 0%. Investors may also face costs such as brokerage when buying or selling ETF units.

Performance

YTD

-0.6%

1 year

-1.4%

3 years

10.4%

5 years

7.4%

Dividend yield

0.43%

Top 10 concentration

13.5%

Holdings

1. Carpenter Technology Corporation1.56%

   Ticker

   CRS

   Sector

   Industrials

   Country

   United States

2. Woodward Inc1.54%

   Ticker

   WWD

   Sector

   Industrials

   Country

   United States

3. Royal Gold Inc1.48%

   Ticker

   RGLD

   Sector

   Basic Materials

   Country

   United States

4. ITT Inc1.33%

   Ticker

   ITT

   Sector

   Industrials

   Country

   United States

5. Lincoln Electric Holdings Inc1.28%

   Ticker

   LECO

   Sector

   Industrials

   Country

   United States

6. Medpace Holdings Inc1.34%

   Ticker

   MEDP

   Sector

   Healthcare

   Country

   United States

7. Manhattan Associates Inc1.29%

   Ticker

   MANH

   Sector

   Technology

   Country

   United States

8. East West Bancorp Inc1.26%

   Ticker

   EWBC

   Sector

   Financial Services

   Country

   United States

9. Exelixis Inc1.22%

   Ticker

   EXEL

   Sector

   Healthcare

   Country

   United States

10. Sterling Infrastructure, Inc.1.17%

    Ticker

    STRL

    Sector

    Industrials

    Country

    United States

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

The largest sector allocation is Industrials at 33.084%, followed by Financial Services at 20.316% and Technology at 13.543%. The listed top holdings include Carpenter Technology, Woodward, Royal Gold, ITT and Lincoln Electric. The top 10 holdings together represent 13.474% of the portfolio, so no single listed company dominates the fund.

Regions

• North America83.8%

• Europe Developed8.0%

• United Kingdom4.9%

• Japan4.3%

• Africa/Middle East1.7%

• Latin America1.1%

• Australasia0.0%

• Asia Emerging0.0%

• Asia Developed0.0%

• Europe Emerging0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Sectors

• Industrials33.1%

• Financial Services20.3%

• Technology13.5%

• Healthcare11.4%

• Consumer Cyclicals7.0%

• Basic Materials5.4%

• Consumer Defensive3.6%

• Communication Services2.6%

• Energy2.5%

• Utilities0.0%

Weights are percentages of the fund; bars use a 0–100% scale. Displayed entries may not cover the whole portfolio.

Related ETFs

QSML can be considered alongside other ETFs that focus on smaller companies or quality-oriented equity strategies. A useful comparison is how each fund defines its investment universe, screens companies, diversifies across regions and sectors, and reports costs.

Risks

Who it may suit

QSML may interest investors researching exposure to smaller companies and a quality-focused investment approach. Its holdings and sector mix show that the portfolio can span a range of industries, while the supplied regional data indicates substantial North American exposure. It is not a broad-market substitute, and its value may fluctuate with share prices and currency movements.

Key risks

Investors should consider small-company volatility, sector concentration and the portfolio’s substantial North American exposure. As an Australian-listed fund holding overseas shares, returns in Australian dollars may also be affected by currency movements. Past returns do not guarantee future performance.

FAQ