VanEck Morningstar Wide Moat Value ETF (MVAL)

VanEck Morningstar Wide Moat Value ETF (MVAL) is an exchange-traded fund in the Large Value category. It has $1.83M in assets, an expense ratio of 0.50% and a 1.73% dividend yield. The fund invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure value companies. It is non-diversified.