VanEck Morningstar Wide Moat Value ETF (MVAL)

Assets	$7.92M
Expense Ratio	0.50%
PE Ratio	19.32
Shares Out	225,000
Dividend (ttm)	$0.63
Dividend Yield	1.79%
Ex-Dividend Date	Dec 22, 2025
Payout Frequency	Annual
Payout Ratio	33.88%

Volume	3,639
Open	35.50
Previous Close	35.19
Day's Range	35.33 - 35.68
52-Week Low	27.40
52-Week High	39.60
Beta	0.67
Holdings	40
Inception Date	Mar 26, 2024

About MVAL

Fund Home Page

The VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 value-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MVAL was launched on Mar 26, 2024 and is issued by VanEck.

• Asset Class: Equity
• Category: Large Value
• Region: North America
• Stock Exchange: BATS
• Ticker Symbol: MVAL
• ETF Provider: VanEck
• Index Tracked: Morningstar US Broad Value Wide Moat Focus Index

Top 10 Holdings

42.87% of assets

Name	Symbol	Weight
Merck & Co., Inc.	MRK	5.60%
Bristol-Myers Squibb Company	BMY	5.22%
United Parcel Service, Inc.	UPS	4.73%
Constellation Brands, Inc.	STZ	4.60%
Kenvue Inc.	KVUE	4.40%
Danaher Corporation	DHR	4.00%
Zimmer Biomet Holdings, Inc.	ZBH	3.97%
The Boeing Company	BA	3.91%
Applied Materials, Inc.	AMAT	3.44%
Huntington Ingalls Industries, Inc.	HII	3.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.6333	Dec 26, 2025
Dec 23, 2024	$0.3133	Dec 24, 2024

Performance

MVAL had a total return of 13.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.82%.