- What are the top holdings of MVAL?
- A machine-readable holdings disclosure for VanEck ETF Trust - VanEck Morningstar Wide Moat Value ETF (MVAL) is not available from our data sources. Fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does MVAL invest in?
- VanEck ETF Trust - VanEck Morningstar Wide Moat Value ETF (MVAL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MVAL most exposed to?
- MVAL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MVAL a US-only fund?
- The country allocation card on this page shows MVAL's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does MVAL invest in?
- 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.
