Key stats
About VanEck ETF Trust VanEck Morningstar Wide Moat Value ETF
Home page
Inception date
Mar 26, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
MVAL is passively managed to hold a concentrated portfolio of US stocks deemed as wide moat (attractively priced stocks with sustainable competitive advantages). Morningstar's equity research team determines the selection by assigning an economic moat rating and a fair value estimate to the companies in the Morningstar US Market Index. Wide moat companies with the lowest price/fair value ratios are considered for inclusion. A style score is also assigned to eligible companies using a 10-factor model incorporating backward- and forward-looking metrics such as earnings, dividends, sales, cash flow, and book value. Pure growth stocks are screened out from the portfolio. The index initially weights the portfolio equally and then tilts weights in favor of pure value companies. The index is divided into two sub-portfolios and follows a staggered schedule, where each sub-portfolio is reconstituted and rebalanced semi-annually in alternating quarters.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Consumer Non-Durables
Electronic Technology
Producer Manufacturing
Stocks99.70%
Health Technology25.84%
Consumer Non-Durables25.33%
Electronic Technology14.40%
Producer Manufacturing12.56%
Finance5.05%
Technology Services4.30%
Consumer Services3.38%
Process Industries3.13%
Retail Trade2.05%
Transportation1.93%
Consumer Durables1.72%
Bonds, Cash & Other0.30%
Cash0.30%
Stock breakdown by region
North America93.75%
Europe6.25%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MVAL invests in stocks. The fund's major sectors are Health Technology, with 25.84% stocks, and Consumer Non-Durables, with 25.33% of the basket. The assets are mostly located in the North America region.
MVAL top holdings are Boeing Company and Huntington Ingalls Industries, Inc., occupying 5.84% and 5.37% of the portfolio correspondingly.
MVAL assets under management is 755.73 K USD. It's risen 5.93% over the last month.
MVAL fund flows account for 62.50 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MVAL pays dividends to its holders with the dividend yield of 1.00%. The last dividend (Dec 24, 2024) amounted to 0.31 USD. The dividends are paid annually.
MVAL shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Mar 26, 2024, and its management style is Passive.
MVAL expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
MVAL follows the Morningstar US Broad Value Wide Moat Focus Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MVAL invests in stocks.
MVAL price has risen by 4.52% over the last month, and its yearly performance shows a 3.82% increase. See more dynamics on MVAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.68% over the last month, showed a 1.11% increase in three-month performance and has decreased by −1.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.68% over the last month, showed a 1.11% increase in three-month performance and has decreased by −1.45% in a year.
MVAL trades at a premium (4.25%) meaning the ETF is trading at a higher price than the calculated NAV.