MER · Top 50%AUM · Top 10%1Y Return · Top 25%3Y Return · Top 25%5Y Return · Top 25%
What's new this monthData to 30 September 2026
+0.6% in September (total return), ahead of the median international shares ETF at +0.0%.
Investors added a net $54m (2.0% of the fund). That ranked #34 of 508 ETFs for new money.
The unit price closed the month at $56.98, 2% below its 12-month high (range $48.98 to $58.00).
About QHAL
QHAL is the currency hedged version of VanEck's QUAL. It tracks the MSCI World ex Australia Quality Index hedged into Australian dollars, holding around 300 developed market companies with high return on equity, steady earnings growth and low debt. It is passive.
The shares are the same as QUAL: large, profitable businesses led by the US technology giants, with more health care and less banking and energy than a plain global index. The hedge removes most of the effect of exchange rates, so when the Australian dollar rises QHAL tends to do better than QUAL, and when it falls QHAL misses out. Income is low and unfranked, and hedging can make distributions uneven.
QHAL may suit investors who like the quality approach but want to avoid currency swings, or who hold it alongside unhedged QUAL. Alternatives include VGAD and HGBL. See QUAL vs QHAL, VGAD vs QHAL and QHAL vs QLTY.
QHAL distributions and dividend dates
QHAL pays distributions yearly, usually going ex-distribution in July, with payment about 28 days after the ex-date.
The latest distribution was $1.91 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 29 July 2026. To receive it you need to own QHAL before the ex-date.
Its distribution yield over the past 12 months is about 3.3%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
1 year ago$11,6503 years ago$16,3565 years ago$15,863
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
QHAL at a glance: strengths and things to watch
👍 Strengths
Large and established. $2.7bn under management, number 34 of 508 ETFs in Australia by size.
Cheap to trade. A bid/ask spread of 0.04%, so buying and selling costs little extra.
⚠️ Things to watch
Nothing stands out against its category.
Worked out from QHAL's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.
QHAL's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet. Its price is 4.7% below its 12-month high.
Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.
At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.
QHAL weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.
💡 Cheaper twin
IQLT holds 83% of the same companies as QHAL for 0.18% a year less, which is $180 a year on $100,000. There are 3 cheaper twins in total. See all cheaper alternatives to QHAL →
Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 292 positions, covering 100% of the fund. Compare QHAL's holdings with other ETFs →
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Same holdings is the share of QHAL's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like QHAL →
QHAL vs its closest alternatives
What actually differs between QHAL and the ETFs most like it. Data to 30 Sep 2026.
QHAL charges a management fee (MER) of 0.43% a year, according to the TMX Australia monthly funds report as at 30 September 2026.
How big is QHAL?
QHAL had $2.7bn in funds under management as at 30 September 2026.
How has QHAL performed?
QHAL returned +16.5% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +17.8% a year. Past performance is not a reliable indicator of future performance.
Who manages QHAL?
QHAL is managed by VanEck and has been listed since March 2019.
Does QHAL pay monthly?
QHAL pays distributions once a year, usually going ex-distribution in July. It does not pay monthly. If you want monthly income, see the ETF dividend calendar on ReviewETF for funds that pay every month.
When is the next QHAL distribution?
Based on its usual schedule, QHAL's next distribution should go ex around the start of July, with payment about 28 days later. Dates can move, so check VanEck's announcements to confirm.
What is QHAL's dividend yield?
QHAL's distribution yield over the past 12 months was about 3.4%. That figure includes one-off capital gains or currency payouts, so its regular income is closer to 1.8% a year. Yields change with the unit price and each payment, and are not a forecast.
What does QHAL hold?
QHAL's largest holdings are Microsoft Corp (5.9%), Apple Inc (5.5%), Meta Platforms Inc (4.6%), NVIDIA Corp (4.4%), Eli Lilly & Co (4.2%). It holds about 292 investments in total. The biggest sector is information technology at 36%. Holdings as at 30 October 2026.
Is QHAL currency hedged?
Yes. QHAL is currency hedged, so changes in the Australian dollar have little effect on its returns. You get the return of the underlying investments in their local currency, less a small cost of hedging.
Is there a cheaper alternative to QHAL?
Yes. IQLT (iShares MSCI World ex Australia Quality ETF) holds about 83% of the same companies and charges 0.25% a year, against 0.43% for QHAL. Note that IQLT is not currency hedged, so its returns will differ when the Australian dollar moves. Check the index and size before switching, and remember selling may trigger capital gains tax.
Disclaimer
This review is general information only and does not take into account your objectives, financial situation or needs. Consider the VanEck product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.
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