TDIV: VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF returns, drawdowns and risk
Funds that select companies by dividend yield or by a record of growing dividends.
Data updated October 2026
TDIV · Borsa Italiana · EURCategory: Dividend ETFsData from April 2019
From April 2019 to October 2026 TDIV returned 9.6% a year on average with dividends reinvested, in euros: €10,000 invested at the start grew to €19,922.
Its deepest fall was 34.4%, from February 2020 to March 2020, and it took about 21 months to get back to the previous high. Annual volatility was 16.0%; at the last close it was 0.9% below its high.
Against VWCE (Vanguard FTSE All-World UCITS ETF (Acc)), over the 86 months both have data, the correlation of monthly returns was 0.68: they moved together only in part. Beta was 0.81. In months when VWCE rose, TDIV moved 74% as much on average; in months when VWCE fell, 57% as much.
Key figures
- Annual return (CAGR)
- +9.6%
- 1-year return
- +26.9%
- 5 years, a year
- +15.1%
- 10 years, a year
- —
- Annual volatility
- 16.0%
- Maximum drawdown
- −34.4%
- Sharpe ratio
- 0.61
- Worst year
- 2020: −14.3%
Trailing returns
| Period | TDIV | VWCE |
|---|---|---|
| 1 year | +26.9% | +22.0% |
| 3 years, a year | +20.0% | +19.5% |
| 5 years, a year | +15.1% | +11.5% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of €10,000: TDIV vs VWCE
Month-end values from August 2019, the first month both funds have data.
TDIV drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | TDIV | VWCE |
|---|---|---|
| 2026(partial) | +16.5% | +17.5% |
| 2025 | +24.8% | +9.2% |
| 2024 | +11.8% | +24.4% |
| 2023 | +6.1% | +18.2% |
| 2022 | +9.9% | −13.5% |
| 2021 | +22.6% | +28.6% |
| 2020 | −14.2% | +5.4% |
| 2019(partial) | +0.1% | — |
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of TDIV?
From April 2019 to October 2026 TDIV returned 9.6% a year on average (CAGR) with dividends reinvested, in EUR. Over the last 5 years: +15.1% a year. Over the last 12 months: +26.9%.
What was the worst drawdown of TDIV?
34.4%, from February 2020 to March 2020; it took about 21 months from the previous high to get back to it.
How volatile is TDIV?
Annual volatility was 16.0% over the period. Its worst month was −18.3% and 61% of months were positive. Worst calendar year: 2020 (−14.3%).
How closely does TDIV follow VWCE?
Over 86 months the correlation of monthly returns was 0.68, so they moved together only in part, with a beta of 0.81.
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Other Dividend ETFs
- All Dividend ETFsReturns and risk side by side
- VYM — Vanguard High Dividend Yield ETFCAGR +14.6%
- VIG — Vanguard Dividend Appreciation ETFCAGR +13.8%
- DGRO — iShares Core Dividend Growth ETFCAGR +12.4%
- VHYL — Vanguard FTSE All-World High Dividend Yield UCITS ETF (Dist)CAGR +7.8%
- NOBL — ProShares S&P 500 Dividend Aristocrats ETFCAGR +9.3%
- HDV — iShares Core High Dividend ETFCAGR +8.0%
- DVY — iShares Select Dividend ETFCAGR +8.1%
- SPYD — SPDR Portfolio S&P 500 High Dividend ETFCAGR +13.1%
- SDY — SPDR S&P Dividend ETFCAGR +8.6%
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.