VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETFVanEck ETF Trust VanEck Morningstar Wide Moat Growth ETFVanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF

VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF

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Key stats


Assets under management (AUM)
‪4.96 M‬USD
Fund flows (1Y)
‪4.09 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−8.3%

About VanEck ETF Trust VanEck Morningstar Wide Moat Growth ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.49%
Home page
Inception date
Mar 28, 2024
Index tracked
Morningstar US Broad Growth Wide Moat Focus Index - Benchmark TR Gross
Management style
Passive
MGRO 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 value stocks are screened out from the portfolio. The index initially weights the portfolio equally and then tilts weights in favor of pure growth 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


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Growth
Strategy
Growth
Weighting scheme
Tiered
Selection criteria
Multi-factor
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Producer Manufacturing
Health Technology
Consumer Non-Durables
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.