MEDX vs. MVAL ETF Comparison

Comparison of Horizon Kinetics Medical ETF (MEDX) to SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL)

MEDX

Horizon Kinetics Medical ETF

MEDX Description

The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.66

Average Daily Volume

740

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

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

$30.19

Average Daily Volume

597

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	MEDX	MVAL
30 Days	3.39%	2.05%
60 Days	-3.26%
90 Days	-4.23%
12 Months	-5.06%

1 Overlapping Holdings

	Symbol	Grade	Weight in MEDX	Weight in MVAL	Overlap
	BIIB	C	4.04%	3.82%	3.82%

MEDX Overweight 9 Positions Relative to MVAL

	Symbol	Grade	Weight
	LLY	C	15.83%
	ABBV	D	7.53%
	AZN	A	5.71%
	NVS	B	5.62%
	AMGN	B	5.55%
	MRK	B	5.24%
	JNJ	D	5.02%
	BMY	F	4.71%
	PFE	C	4.01%

MEDX Underweight 9 Positions Relative to MVAL

	Symbol	Grade	Weight
	RTX	A	-4.73%
	SCHW	A	-4.57%
	IFF	A	-4.47%
	MO	A	-4.16%
	CPB	B	-4.13%
	USB	D	-4.03%
	MAS	D	-4.03%
	ZBH	D	-4.01%
	MDT	C	-3.91%

MEDX: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major

Keywords: S&P 500 Pharmaceutical Products Depressive Disorder Neuroscience Animal Health Hypertension Alzheimer's Disease Antibiotics Biotechnology Clinic Diabetes Dow Jones Component Drugs Infection Infectious Diseases Inflammation Major Depressive Disorder Medication Medicine Nasdaq 100

MVAL: Top Represented Industries & Keywords

Industries: Medical Devices Aerospace & Defense Banks - Regional - US Building Materials Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Chemicals Tobacco

Keywords: S&P 500 Medicine Bank Banking Bone Degenerative Disease Prepared Food Spine Surgical Products ATM Ablation Ablation Products Advanced Energy Aerospace Aerospace Systems Aerostructure Aesthetics Air Freshener Alzheimer's Disease Architectural Products