MVAL vs. DFNL ETF Comparison

Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL) to Davis Select Financial ETF (DFNL)

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

$33.90

Average Daily Volume

567

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.69

Average Daily Volume

9,044

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVAL	DFNL
30 Days	1.46%	7.39%
60 Days	2.54%	10.71%
90 Days	4.28%	12.42%
12 Months		45.27%

2 Overlapping Holdings

	Symbol	Grade	Weight in MVAL	Weight in DFNL	Overlap
	SCHW	B	2.73%	1.23%	1.23%
	USB	A	4.98%	4.96%	4.96%

MVAL Overweight 37 Positions Relative to DFNL

Symbol	Grade	Weight
BMY	B	5.37%
GILD	C	5.31%
EMR	A	5.12%
KVUE	A	4.81%
MO	A	4.68%
CPB	D	4.09%
PFE	D	3.76%
IFF	D	3.69%
DIS	B	3.42%
BA	F	3.33%
BIO	D	3.08%
NKE	D	2.82%
MAS	D	2.54%
CTVA	C	2.45%
HON	B	2.44%
NOC	D	2.34%
CMCSA	B	2.3%
UPS	C	2.23%
RTX	C	2.22%
ZBH	C	2.12%
NXPI	D	2.1%
ALLE	D	1.87%
MCD	D	1.84%
MKTX	D	1.8%
TMO	F	1.57%
SBUX	A	1.53%
LRCX	F	1.3%
HII	D	1.24%
GOOGL	C	1.22%
KEYS	A	1.2%
GEHC	F	1.12%
STZ	D	0.97%
CLX	B	0.93%
OTIS	C	0.92%
TER	D	0.9%
WAT	B	0.9%
ETSY	D	0.58%

MVAL Underweight 19 Positions Relative to DFNL

Symbol	Grade	Weight
COF	B	-9.7%
BRK.A	B	-6.87%
JPM	A	-6.48%
WFC	A	-5.89%
BK	A	-5.59%
FITB	A	-5.48%
MKL	A	-5.29%
CB	C	-5.15%
PNC	B	-4.92%
AXP	A	-3.91%
L	A	-3.07%
TFC	A	-2.82%
BAC	A	-2.55%
RNR	C	-2.13%
RKT	F	-2.13%
MTB	A	-1.77%
NTB	B	-1.6%
STT	A	-1.5%
EG	C	-0.92%