VanEck Morningstar Developed Markets Dividend Leaders vs WisdomTree US Quality Dividend Growth

They track different indices: VanEck Morningstar Developed Markets Dividend Leaders follows Morningstar DM Large Cap Dividend Leaders and WisdomTree US Quality Dividend Growth follows WisdomTree US Quality Dividend Growth. They also differ in cost (0.38% vs 0.29% TER), replication (physical vs physical) and domicile (Países Bajos vs Irlanda).

Nobody can know that: they track different indices, so their returns will diverge, and past index performance is not a prediction. What you can control today is the cost, the tax structure and whether the index actually covers what you want exposure to.

WisdomTree US Quality Dividend Growth has the lower annual fee. Applying the same 7% gross return to both with €300/month, that fee gap alone is worth about €1,647 after 20 years — that part is arithmetic, not a forecast.

WisdomTree US Quality Dividend Growth is accumulating (dividends are reinvested inside the fund) and VanEck Morningstar Developed Markets Dividend Leaders is distributing (dividends are paid out to you). For long-term compounding in Spain, accumulating usually defers taxation; distributing gives you income you are taxed on each year.

Yes. Unlike two funds tracking the identical index, these give you genuinely different exposure, so holding both is not automatically redundant — just be aware you may end up overlapping on the largest companies and doubling your rebalancing work.