TDIVVanEck Morningstar Developed Markets Dividend Leaders UCITS ETF
Index Description
The Morningstar® Developed Markets Large Cap Dividend Leaders Index™ is composed of the top 100 positions based on dividend yield which satisfy the screening criteria, including companies that display consistency and sustainability in dividend payment patterns. The weight of a share within the Morningstar® Developed Markets Large Cap Dividend Leaders Index™ is determined based on the total dividend paid. The index has a 40% sector cap.
Index Key Points
Underlying Index
Morningstar Developed Markets Large Cap Dividend Leaders Index (MSDMDLGE)
Index composition
Shares must meet the following criteria to be included in the index:
• The dividend has been paid in the past 12 months.
• The dividend TTM dividend per share is not lower than the TTM dividend per share 5 years ago.
• The forward dividend payout ratio is less than 75%.
• The index then selects the 100 shares with the highest dividend yield. The weight of each share is based on the total dividend paid.
• The maximum weight of a share at the time of review is 5%.
• The maximum weight of a sector at the time of review is 40%.
• The index is reconstituted and rebalanced semi-annually, in June and December.
Index Provider
Morningstar
Index Information
-
Index Provider
Morningstar -
Index Type
Total Return -
Currency
EUR -
Reconstitution Frequency
Semi-Annually -
Bloomberg Ticker
MSDMDLGE -
Reuters Ticker
.MSF00000X1LU
Index Top 10 Constituents (%) as of 28 Feb 2023
|
Constituent Name
|
Ticker
|
Weightings (%) |
|---|---|---|
|
Verizon Communications Inc |
VZ US |
4.96 |
|
Totalenergies Se |
TTE FP |
3.87 |
|
Altria Group Inc |
MO US |
3.58 |
|
Bnp Paribas |
BNP FP |
3.01 |
|
British American Tobacco Plc |
BATS LN |
2.89 |
|
Intl Business Machines Corp |
IBM US |
2.85 |
|
Allianz Se-Reg |
ALV GR |
2.73 |
|
Toronto-Dominion Bank |
TD CN |
2.64 |
|
Mercedes-Benz Group Ag |
MBG GR |
2.55 |
|
Sanofi |
SAN FP |
2.14 |
| Top 10 Total (%) | 31.22 | |
Index Country Weightings (%) as of 28 Feb 2023
-
Country
Weightings (%) -
■
United States
21.1 -
■
France
13.4 -
■
Japan
12.1 -
■
Germany
11.6 -
■
Canada
8.4 -
■
United Kingdom
5.6 -
■
Switzerland
4.0 -
■
Italy
3.3 -
■
Spain
3.2 -
■
Singapore
2.9 -
■
Australia
2.7 -
■
Hong Kong
1.8 -
■
Finland
1.7 -
■
South Africa
1.5 -
■
Norway
1.5 -
■
Denmark
1.2 -
■
Sweden
1.2 -
■
Belgium
1.1 -
■
Austria
0.6 -
■
Netherlands
0.4 -
■
Israel
0.4 -
■
Poland
0.2
Index Sector Weightings (%) as of 28 Feb 2023
-
Sector
Weightings (%) -
■
Financials
39.2 -
■
Utilities
10.2 -
■
Energy
9.6 -
■
Consumer Staples
8.6 -
■
Industrials
6.8 -
■
Materials
6.7 -
■
Communication Services
6.2 -
■
Consumer Discretionary
4.9 -
■
Information Technology
2.9 -
■
Real Estate
2.2 -
■
Health Care
2.1 -
■
Others
0.5