VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF TKCPF OTC · Financials · Netherlands
$62.05 -0.01% -$0.00
Summary
VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF is an ETF - a fund traded on an exchange like a stock - run by VanEck. Positions inside: 101. The ten largest make up 35% of the fund.
- Yearly costs
- 0.38%
- Fund size
- $11.6B
- Positions
- 101
- Dividend yield
- 3.16%
- Running since
- 2016
What speaks for it
- Costs of 0.38% a year are below the middle of comparable funds (0.45%).
- A large fund with $11.6B under management.
- Average yearly growth over the last three years: 19%.
- It has been running since 2016.
What to watch
- 40% of the fund is in one sector (Financials).
- It trades little: only about $195.6K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +3.7%
- 3 months
- -2.9%
- This year
- +10%
- 1 year
- +14%
- 3 years
- +68%
- Avg. market cap
- $128.5B
- P/E
- 13.4x
- Forward P/E
- 11.1x
- P/S
- 1.3x
- P/B
- 1.8x
- P/FCF
- 8.4x
- EV/EBITDA
- 7.2x
- Dividend yield
- 3.92%
- ROIC
- 9.4%
- ROE
- 17.7%
- Gross margin
- 48.6%
- Operating margin
- 21.5%
- Net margin
- 13.6%
- Payout ratio
- 52.6%
- Net debt/EBITDA
- 2.6x
- Beta
- 0.09
Weighted average of the 50 largest companies, which make up 72% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 VZVerizon VZ 4.6%
- 2 PFPfizer PFE 4.4%
- 3 NENestlé S.A. NESN.SW 4.3%
- 4 Hsbc Holdings Plc 4.0%
- 5 Shell Plc 3.8%
- 6 TTTotalEnergies SE TTE.PA 3.3%
- 7 PEPepsiCo PEP 3.1%
- 8 ALAllianz ALV.DE 2.9%
- 9 Unilever Plc 2.3%
- 10 ISIntesa Sanpaolo S.p.A. ISP.MI 2.3%
Positions in the fund: 101. The ten largest make up 35% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One sector dominatesBy sector
- Financials 40%
- Energy 13%
- Healthcare 13%
- Consumer defensive 12%
- Communication services 8.3%
- Other 15%
By country
- United States 17%
- United Kingdom 17%
- France 13%
- Italy 8.3%
- Other countries 45%
By company size
- Mega cap 5.2%
- Large cap 95%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 83% of the fund.
Largest sector: Financials (40%). Largest country: United States (17%). Largest size group: Large cap (95%).
What does it cost me?
Cheap- A year from $10,000
- $38.00
- Over 20 years
- $1,856
From every $10,000 invested the fund takes $38.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,856.
How has it done?
Growing over the long run- A year on average, 3 years
- +19%
- Deepest drop
- -19%
Average yearly growth over the last three years: 19%. Deepest drop in these years: 19% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.16%
- Payments a year
- 4
- Last payment
- $0.46
Over the last 12 months it paid $1.96 per share, which is 3.16% of today's price. The last payment was $0.46 on Sep 2, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $195.6K
- Shares a day
- 3.2K
On an average day about $195.6K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 13.4
- Average Bulios Score
- 63 out of 100
Weight by Bulios Fair Price
- Undervalued 72%
- Fairly valued 8.6%
- Overvalued 20%
On average the companies inside trade for 13.4 times their yearly profit. By Fair Price, 72% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 72% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
TD TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | Netherlands | 0.38% | $6.88B | +22% | Pays out | 100% |
VD VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | Netherlands | 0.38% | $11.6B | +22% | Pays out | 100% |
HD HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF | United States | 0.09% | $2.32B | +13% | Pays out | 42% |
EF EFV iShares MSCI EAFE Value ETF | United States | 0.31% | $30.3B | +14% | Pays out | 41% |
DT DTH WisdomTree International High Dividend Fund | United States | 0.58% | $633.4M | +12% | Pays out | 41% |
LV LVHI Franklin International Low Volatility High Dividend Index ETF | United States | 0.40% | $5.02B | +20% | Pays out | 39% |