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Global shares

QSML

VanEck MSCI International Small Companies Quality ETF · VanEck

Around 150 smaller companies from developed countries outside Australia, picked for 'quality' signals — strong profits, low debt and reliable earnings.

What the fee costs you

The management fee is 0.59% a year. Here’s what that works out to in dollars:

A 0.59% yearly fee works out to about $59 a year per $10,000 invested.

A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.

The basics

Issuer
VanEck
Asset class
Global shares
Number of holdings
~150
Where it invests
Global developed markets, around three-quarters United States, with the UK, Japan and Europe making up much of the rest.
Income paid
Annually
Currency hedged
No — It's unhedged, so for an Australian investor the value also moves with the Australian dollar against foreign currencies, on top of the markets themselves.

Its character

Combines two ideas: smaller companies (which can grow faster but swing harder) and a quality screen (to favour the sturdier ones). A more adventurous, more concentrated cousin of the large-company quality fund.

What to keep in mind

Smaller companies tend to be more volatile than large ones, so this is generally a bumpier ride. It's also concentrated in fewer names and leans on the United States, and carries currency movements for an Australian holder.

How this fund relates to others

The small-company counterpart to QUAL and the large-cap world funds (VGS, BGBL): it holds the smaller developed-market names they leave out, so it overlaps with them very little.

Figures last verified 2026-06-12against the issuer’s factsheet and PDS.

Source: factsheet · PDS