MGRO vs. NBSM ETF Comparison

Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO) to Neuberger Berman Small-Mid Cap ETF (NBSM)

MGRO

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF

MGRO Description

The fund invests at least 80% of its total assets in securities that comprise the 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 growth companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

272

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$27.75

Average Daily Volume

11,547

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGRO	NBSM
30 Days	1.52%	5.91%
60 Days	1.88%	5.08%
90 Days	3.64%	6.00%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in MGRO	Weight in NBSM	Overlap
	TYL	B	2.63%	2.72%	2.63%

MGRO Overweight 37 Positions Relative to NBSM

Symbol	Grade	Weight
CRM	B	5.64%
ADSK	A	5.29%
TRU	D	4.84%
AMZN	C	4.66%
ROK	B	4.63%
VEEV	C	4.61%
ADBE	C	4.28%
A	D	3.97%
FTNT	C	3.14%
MKTX	D	3.08%
EL	F	2.78%
ALLE	D	2.68%
OTIS	C	2.62%
IEX	B	2.47%
WST	C	2.36%
GOOGL	C	2.28%
WDAY	B	2.26%
EFX	F	2.18%
STZ	D	2.16%
MSFT	F	2.14%
VRSN	F	2.14%
ZBH	C	2.13%
HII	D	2.01%
YUM	B	2.01%
KEYS	A	2.01%
CTVA	C	2.0%
CLX	B	1.66%
WAT	B	1.61%
DIS	B	1.4%
ETSY	D	1.06%
GEHC	F	0.91%
BIO	D	0.86%
NKE	D	0.85%
TER	D	0.83%
LRCX	F	0.82%
ICE	C	0.44%
TMO	F	0.26%

MGRO Underweight 45 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	B	-4.27%
EXP	A	-3.88%
KEX	C	-3.67%
WSO	A	-3.19%
ITT	A	-3.11%
VMI	B	-3.11%
RYAN	B	-3.08%
ATR	B	-2.93%
RBC	A	-2.92%
HAE	C	-2.9%
CNX	A	-2.68%
TTEK	F	-2.46%
CHE	D	-2.41%
RLI	B	-2.33%
CBU	B	-2.21%
MKSI	C	-2.17%
TTC	D	-2.12%
CR	A	-2.09%
GGG	B	-2.04%
LFUS	F	-1.99%
LECO	B	-1.99%
TXRH	C	-1.94%
ENTG	D	-1.88%
CFR	B	-1.86%
TECH	D	-1.81%
NXST	C	-1.77%
LSCC	D	-1.77%
POWI	D	-1.59%
TDW	F	-1.59%
PB	A	-1.59%
TSCO	D	-1.59%
BSY	D	-1.54%
SPSC	C	-1.51%
CHD	B	-1.51%
LNT	A	-1.49%
ROL	B	-1.46%
SSD	D	-1.37%
ICLR	D	-1.21%
MANH	D	-1.16%
IBP	D	-1.15%
BFAM	D	-1.14%
FND	C	-1.09%
AWI	A	-1.04%
CNM	D	-0.99%
CVLT	B	-0.51%

MGRO: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Business Services Diversified Industrials Household & Personal Products Internet Content & Information Semiconductor Equipment & Materials Specialty Retail Aerospace & Defense Agricultural Inputs Beverages - Wineries & Distilleries Capital Markets Financial Data & Stock Exchanges Footwear & Accessories Health Information Services Health Information Services Media - Diversified Medical Devices Medical Instruments & Supplies Restaurants