On 23 May 2016, the VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV) listed for the first time. Ten years later, it has done what every dividend strategy aspires to do – and what only a few actually deliver: distribute income every single year, grow that income over time, and compound capital through a full market cycle.

To mark the anniversary, we’ve put together ten figures that tell the story: sequenced as performance, income, stability, and portfolio characteristics. A few highlights below.

Ten years, ten figures – a preview

A portfolio built around developed-markets dividend leaders, with a structurally lower US weighting than most global equity ETFs. A positioning that has, on more than one occasion, proved its worth.

performance is not a reliable indicator of future results.
**As of 22 May 2026.

Main Risk Factors: Equity market risk, foreign currency risk. Investors must consider all the fund’s characteristics or objectives as detailed in the prospectus or related documents before making an investment decision. Please refer to the sustainability-related disclosures in the document section to the KID and the Prospectus for other information and applicable risks before investing.

Total return of +223.9% since inception

52% of initial capital returned in cash.

Ten years of uninterrupted distributions.

A yield on cost of 6.92% for day-one investors