MVALVanEck Morningstar Wide Moat Value ETF

Grow my money2y track recordRanked #2,572 of 2,960 in this goal

Seeks to track the price and yield performance of the Morningstar US Broad Value Wide Moat Focus Index.

By VanEck · Launched 2024

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$2M

#5,358 of 5,562 · small

Return (1Y)Goal

+16.4%

Track Record

2 years

#3,502 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,662+16.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Multifactor

Focus

ESG

Index tracked

Morningstar US Broad Value Wide Moat Focus Index

What it actually holds

By weight

Concentration

Top 10 holdings = 42.7% of fundmoderately concentrated

Merck & Co Inc

5.0%

Bristol-Myers Squibb Co

4.7%

United Parcel Service Inc

4.7%

Danaher Corp

4.7%

Kenvue Inc

4.2%

Boeing Co/The

4.2%

Constellation Brands Inc

4.1%

Zimmer Biomet Holdings Inc

3.9%

Campbell's Company/The

3.7%

Estee Lauder Cos Inc/The

3.3%

Asset allocation

Stocks

98.2%

Cash

1.8%

By sector

Consumer Defensive

29.9%

Healthcare

23.7%

Industrials

17.0%

Technology

11.1%

Financial Services

7.8%

Consumer Cyclical

6.8%

Basic Materials

3.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.8%Moderate

Year-on-year price swings

Max drawdown

-19.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the price and yield performance of the Morningstar US Broad Value Wide Moat Focus Index.
Strategy: Invests at least 80% of total assets in securities that comprise the Index, which includes equity securities of companies with sustainable competitive advantages. The Index targets attractively priced wide moat companies from the Morningstar US Market Index, selected based on proprietary valuation models. The Fund uses a passive approach to replicate the Index's performance, rebalancing semi-annually and concentrating in industries as the Index does.
Inception date: March 26, 2024
Fund family: VanEck