ETEC vs. MVAL ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$22.32
Average Daily Volume
360
13
MVAL
SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF
MVAL Description
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.Grade (RS Rating)
Last Trade
$29.87
Average Daily Volume
870
10
Performance
Period | ETEC | MVAL |
---|---|---|
30 Days | 5.88% | -0.14% |
60 Days | 1.00% | |
90 Days | 10.77% | |
12 Months | -6.59% |
0 Overlapping Holdings
Symbol | Grade | Weight in ETEC | Weight in MVAL | Overlap |
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ETEC: Top Represented Industries & Keywords
MVAL: Top Represented Industries & Keywords