MVAL vs. IPO ETF Comparison
Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL) to Renaissance IPO ETF (IPO)
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
39
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$46.12
Average Daily Volume
29,831
17
Performance
| Period | MVAL | IPO |
|---|---|---|
| 30 Days | 1.46% | 5.01% |
| 60 Days | 2.54% | 7.00% |
| 90 Days | 4.28% | 9.52% |
| 12 Months | 39.22% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MVAL | Weight in IPO | Overlap | |
|---|---|---|---|---|---|
| KVUE | A | 4.81% | 9.85% | 4.81% |
MVAL Overweight 38 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| BMY | B | 5.37% | |
| GILD | C | 5.31% | |
| EMR | A | 5.12% | |
| USB | A | 4.98% | |
| 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% | |
| SCHW | B | 2.73% | |
| 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: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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