MVAL
VanEck Morningstar Wide Moat Value ETF
📎 Investment Objective
The VanEck Morningstar Wide Moat Value ETF (MVAL) seeks to track the performance of the Morningstar US Wide Moat Focus Index, which is designed to provide exposure to undervalued U.S. companies with sustainable competitive advantages.
Overview
ETF tracking VanEck Morningstar Wide Moat Value ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Morningstar Wide Moat Value ETF (MVAL) seeks to track the performance of the Morningstar US Wide Moat Focus Index, which is designed to provide exposure to undervalued U.S. companies with sustainable competitive advantages.
🎯 Investment Strategy
The ETF invests in a portfolio of companies that Morningstar has identified as having wide economic moats, meaning they have sustainable competitive advantages that allow them to generate excess returns on capital over the long term. The fund uses a value-oriented approach, focusing on companies that are trading at attractive valuations relative to their intrinsic worth.
✨ Key Features
- Focuses on U.S. companies with sustainable competitive advantages (wide economic moats)
- Employs a value-oriented investment strategy, seeking undervalued stocks
- Tracks the Morningstar US Wide Moat Focus Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market and economic conditions.
- Sector concentration risk: The fund's performance may be more volatile due to its focus on a limited number of sectors or industries.
- Value investing risk: The fund's value-oriented approach may underperform growth-oriented or other investment styles.
- Tracking error risk: The fund may not perfectly track the performance of its underlying index.
👤 Best For
The VanEck Morningstar Wide Moat Value ETF may be suitable for long-term investors seeking exposure to undervalued U.S. companies with sustainable competitive advantages. This fund may be appropriate for investors with a moderate to high-risk tolerance who are looking to diversify their portfolio and potentially generate long-term capital appreciation.