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Issuer
VanEck
Inception Date
Mar 21, 2019
Leveraged
1x (No leverage)
Index Tracked
VanEck MSCI International Quality (AUD Hedged) Index
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Performance

QHAL.AX Performance Chart

VanEck MSCI International Quality (AUD Hedged) ETF (QHAL.AX) is up 9.1% since the beginning of the year. QHAL.AX is currently trading at A$56 per share. Investors who bought A$1,000 worth of QHAL.AX shares 5 years ago would now be looking at an investment worth A$1,597.


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S&P 500 Index

Returns By Period

VanEck MSCI International Quality (AUD Hedged) ETF (QHAL.AX) has returned 9.09% so far this year and 19.63% over the past 12 months.


VanEck MSCI International Quality (AUD Hedged) ETF

1D
0.18%
1M
1.31%
6M
7.14%
YTD
9.09%
1Y
19.63%
3Y*
16.48%
5Y*
9.81%
10Y*

Benchmark (S&P 500 Index)

1D
0.12%
1M
1.38%
6M
4.49%
YTD
5.58%
1Y
12.98%
3Y*
18.01%
5Y*
13.12%
10Y*
14.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QHAL.AX Monthly Returns History

Based on dividend-adjusted daily data since Mar 21, 2019, QHAL.AX's average daily return is +0.06%, while the average monthly return is +1.16%. At this rate, an investment would double in approximately 5.0 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +11.6%, while the worst month was Feb 2020 at -10.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, QHAL.AX closed higher 51% of trading days. The best single day was Apr 10, 2025 with a return of +11.1%, while the worst single day was Mar 23, 2020 at -7.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.46%0.81%-8.86%8.54%5.33%-0.17%1.54%9.09%
20256.80%-2.88%-5.91%-0.31%5.08%3.34%1.87%1.08%2.06%3.78%0.30%1.18%16.95%
20244.23%5.14%2.97%-3.45%4.85%5.04%-2.76%3.59%0.17%-0.74%1.69%-4.67%16.47%
20233.50%-0.21%4.65%1.94%3.92%3.93%3.24%-0.33%-4.49%-2.89%8.99%3.92%28.64%
2022-9.52%-4.50%7.69%-6.77%-3.84%-8.19%7.86%-3.49%-9.02%5.52%2.85%-2.14%-22.97%
2021-0.82%0.24%4.11%5.70%0.75%4.45%2.28%5.48%-5.70%3.85%2.88%1.72%27.30%

Benchmark Metrics

VanEck MSCI International Quality (AUD Hedged) ETF has an annualized alpha of 14.49%, beta of 0.04, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since March 21, 2019.

  • This ETF participated in 100.26% of S&P 500 Index downside but only 92.41% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.04 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
14.49%
Beta
0.04
0.00
Upside Capture
92.41%
Downside Capture
100.26%

Return for Risk

Risk / Return Rank

QHAL.AX ranks 55 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


QHAL.AX Risk / Return Rank: 5555
Overall Rank
QHAL.AX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
QHAL.AX Sortino Ratio Rank: 5555
Sortino Ratio Rank
QHAL.AX Omega Ratio Rank: 5555
Omega Ratio Rank
QHAL.AX Calmar Ratio Rank: 4949
Calmar Ratio Rank
QHAL.AX Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for VanEck MSCI International Quality (AUD Hedged) ETF (QHAL.AX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


QHAL.AXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.23

Sortino ratioReturn per unit of downside risk

+0.38

Omega ratioGain probability vs. loss probability

1.28

1.24

+0.04

Calmar ratioReturn relative to maximum drawdown

2.05

1.11

+0.93

Martin ratioReturn relative to average drawdown

8.80

3.10

+5.70

Dividends

Dividend History

VanEck MSCI International Quality (AUD Hedged) ETF provided a 3.40% dividend yield over the last twelve months, with an annual payout of A$1.91 per share.


1.00%2.00%3.00%4.00%5.00%A$0.00A$0.50A$1.00A$1.50A$2.002019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
DividendA$1.91A$1.03A$2.30A$0.44A$0.37A$0.37A$0.32A$0.40

Dividend yield

3.40%1.93%4.95%1.04%1.12%0.86%0.93%1.34%

Monthly Dividends

The table displays the monthly dividend distributions for VanEck MSCI International Quality (AUD Hedged) ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$1.91A$1.91
2025A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$1.03A$0.00A$0.00A$0.00A$0.00A$0.00A$1.03
2024A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$2.30A$0.00A$0.00A$0.00A$0.00A$0.00A$2.30
2023A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.44A$0.00A$0.00A$0.00A$0.00A$0.00A$0.44
2022A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.37A$0.00A$0.00A$0.00A$0.00A$0.00A$0.37
2021A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.37A$0.00A$0.00A$0.00A$0.00A$0.00A$0.37

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the VanEck MSCI International Quality (AUD Hedged) ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the VanEck MSCI International Quality (AUD Hedged) ETF was 31.33%, occurring on Mar 23, 2020. Recovery took 100 trading sessions.


Drawdown

Fall

Recovery

Underwater

Related event

-31.33%Mar 2020
1mo 1d4mo 23d
5mo 24dFeb 2020 - Aug 2020
COVID crash2020
-29.40%Oct 2022
9mo 17d1y 3mo
2y 16dDec 2021 - Jan 2024
Bear market2022
-19.02%Apr 2025
1mo 21d3mo 20d
5mo 11dFeb 2025 - Jul 2025
2025 selloff2025
-10.23%Aug 2024
24d2mo 6d
3moJul 2024 - Oct 2024
-9.72%Mar 2026
1mo1mo 6d
2mo 6dFeb 2026 - May 2026

Drawdown Indicators


QHAL.AXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-31.33%

-41.07%

+9.74%

Max Drawdown (1Y)

Largest decline over 1 year

-9.72%

-11.69%

+1.97%

Max Drawdown (3Y)

Largest decline over 3 years

-19.02%

-17.74%

-1.28%

Max Drawdown (5Y)

Largest decline over 5 years

-29.40%

-22.01%

-7.39%

Max Drawdown (10Y)

Largest decline over 10 years

-24.71%

Current Drawdown

Current decline from peak

0.00%

-0.60%

+0.60%

Average Drawdown

Average peak-to-trough decline

-6.09%

-11.02%

+4.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.29%

4.20%

-1.91%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with QHAL.AX

Add VanEck MSCI International Quality (AUD Hedged) ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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