QHAL invests in the same high-quality global companies as QUAL, with the currency hedged to Australian dollars. It charges 0.43% a year, has $2.7b invested and returned +16.5% over the past year. The most similar ETF is QUAL, which overlaps with it by about 99%.
📅 As at 30 September 2026: fee, size and 1-year return from the TMX Australia funds report; holdings and overlap from QHAL’s published holdings as at 30 October 2026.
Is it a good time to buy QHAL?
Nobody can time the market perfectly, but you can check the trend before you buy. Here’s where QHAL stands right now.
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| Net flow, September | +$54m |
| Net flow, 2026 so far | +$224m |
| Average month in 2026 | +$25m |
Is the whole market risk on, caution or risk off this week? Members see it every Sunday, with the core ETF check-up.
🔒 See it free for 30 days →QHAL is in a base. Prices moving sideways can be a time to build a position gradually and watch which way the trend breaks. There’s no rush either way.
General information only, not a recommendation to buy or sell QHAL. Whether it suits you depends on your goals and the rest of your portfolio. Trend updated weekly; flows from the TMX Australia funds report (September 2026) and the Global X weekly market monitor. See every ETF’s trend in the ETF trend scanner, or read when to buy an ETF.
What is QHAL?
Index: MSCI World ex Australia Quality Index (hedged into Australian dollars) · Issuer: VanEck · Exchange: ASX
Top 10 holdings
The 10 largest companies make up 39% of QHAL.
| # | Company | Weight | |
|---|---|---|---|
| 1 | Microsoft CorpInformation Technology | 5.94% | |
| 2 | Apple IncInformation Technology | 5.48% | |
| 3 | Meta Platforms IncCommunication Services | 4.59% | |
| 4 | NVIDIA CorpInformation Technology | 4.41% | |
| 5 | Eli Lilly & CoHealth Care | 4.21% | |
| 6 | Broadcom IncInformation Technology | 3.77% | |
| 7 | Alphabet (Google)Communication Services | 3.43% | |
| 8 | Visa IncFinancials | 2.97% | |
| 9 | ASML Holding NVInformation Technology | 2.46% | |
| 10 | Johnson & JohnsonHealth Care | 2.05% |
Sector breakdown
ETFs most similar to QHAL
How much each ETF’s holdings overlap with QHAL, by weight. High overlap means owning both mostly doubles up.
| ETF | Overlap | |
|---|---|---|
| QUALVanEck MSCI International Quality ETF | 99% | Compare in calculator → |
| IQLTiShares MSCI World ex Australia Quality ETF | 82% | Compare in calculator → |
| IHQLiShares MSCI World ex Australia Quality (AUD Hedged) ETF | 81% | Compare in calculator → |
| GARPGlobal X S&P World Ex Australia GARP ETF | 50% | Compare in calculator → |
| UYLDGlobal X S&P 500 Covered Call Complex ETF | 47% | Compare in calculator → |
| SPYState Street SPDR S&P 500 ETF | 47% | Compare in calculator → |
Core or satellite?
SATELLITE Quality, value & factors
QHAL is a satellite: a hedged quality tilt. It holds the same companies as QUAL. In our approach, satellites are bought when they break out of a base into an uptrend, kept to a small slice of the portfolio, and sold with a stop loss. Read more in core and satellite investing.
Read more: Hedged vs unhedged ETFs
QHAL FAQs
Is QHAL a good ETF?
QHAL is a well-used hedged version of QUAL. It suits investors who want the quality tilt without currency moves, at a higher fee than plain global ETFs. Whether it suits you depends on your goals and the rest of your portfolio.
What does QHAL invest in?
QHAL invests in the same high-quality global companies as QUAL, with the currency hedged to Australian dollars. Its largest holdings are Microsoft Corp, Apple Inc, Meta Platforms Inc, and its biggest sector is information technology at about 36%.
What ETFs are similar to QHAL?
The ETFs with the most overlap with QHAL are QUAL (about 99%) and IQLT (about 82%). Use the free ETF overlap calculator to check your own mix.
Should I own QHAL and QUAL together?
Usually there is little point: their holdings overlap by about 99%, so owning both mostly doubles up.
Fee, size and returns: TMX Australia Funds Report to 30 September 2026; returns are total returns, 5-year figure is cumulative. Holdings from VanEck as at 30 October 2026. Chart: TradingView. General information only, not a recommendation to buy or sell QHAL. Consider the PDS and TMD before investing.