VanEck Morningstar Wide Moat Value ETF (MVAL)

The VanEck Morningstar Wide Moat Value ETF is an index fund from VanEck that combines Morningstar's economic moat analysis with a valuation screen. It invests in U.S. companies that Morningstar's equity analysts judge to have durable competitive advantages, or wide moats, and that also look attractively priced relative to the analysts' estimates of fair value.

Compared with VanEck's broader wide moat strategy, this fund tilts toward the value end of the spectrum, favoring moat companies whose shares trade at larger discounts. The index is reconstituted periodically as moat ratings and fair value estimates change. MVAL is listed on Cboe BZX.