VanEck Vectors Morningstar Durable Dividend ETF
ALTAR
Score™
7.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
16.5x P/Sales
ratio
2.7x
P/BV
ratio
2.5x Div.
yield
4.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The VanEck Vectors Morningstar Durable Dividend ETF tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation.

FUND BASICS
Category US Equities
Fund Sponsor VanEck
Website www.vaneck.com
Inception date Oct 30, 2018
Assets (mns) $39
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Dividends
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 57
Wgt avg mkt cap (mns) $131,550
Large cap (>$10bn) 96.9%
Mid cap ($2-10bn) 3.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PFIZER INC 5.3 %
CHEVRON CORP 5.2 %
JPMORGAN CHASE & CO 5.0 %
VERIZON COMMUNICATIONS INC 4.9 %
ALTRIA GROUP INC 4.9 %
BROADCOM INC. 4.8 %
MERCK & CO. INC. 4.8 %
PEPSICO INC 4.6 %
PHILIP MORRIS INTERNATIONAL 4.5 %
AT&T INC 4.3 %
Total 48.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.7 %
IRELAND 1.1 %
SWITZERLAND 0.6 %
BRITAIN 0.2 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.7% -4.7% -- -- 1.3%

Market Correlations
versus... Beta R-squared
S&P500 0.85 95%
MSCI EAFE 0.90 86%
MSCI Emg. Mkts. 0.65 68%

Technical Indicators
Recent close $25.88
30d moving avg. $26.14
Annualized volatility 18.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 21
Turnover 1.4%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $31,140

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the VanEck Vectors Morningstar Durable Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with DURA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DURA Expense: 29 bp ALTAR Score™: 7.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DURA
Ticker Fund
Name
Overlap1
vs DURA
(%)
Expense
ratio
(bp)
Savings
vs DURA
(bp)
ALTAR
Score™
(%)
ALTAR
vs DURA
(%)
HDV iShares Core High Dividend ETF 49.3 8 21 6.7 -0.5
DHS WisdomTree U.S. High Dividend Fund 44.0 38 -9 8.6 +1.5
PWV Invesco Dynamic Large Cap Value ETF 38.1 55 -26 8.8 +1.6
VYM Vanguard High Dividend Yield Index ETF 37.7 6 23 7.3 +0.1
FDL First Trust Morningstar Dividend Leaders Index Fund 37.4 45 -16 10.2 +3.0
SCHD Schwab U.S. Dividend Equity ETF 36.1 6 23 8.2 +1.0
OUSA O'Shares FTSE US Quality Dividend ETF 34.8 48 -19 5.6 -1.6
DJD Invesco Dow Jones Industrial Average Dividend ETF 32.5 7 22 6.8 -0.4
JKF iShares Morningstar Large Cap Value ETF 30.9 25 4 7.5 +0.3
USDY Pacific Global US Equity Income ETF 30.7 29 0 7.2 +0.0
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 30.7 75 -46 6.1 -1.1
DGRO iShares Core Dividend Growth ETF 30.4 8 21 6.6 -0.6
GBDV Global Beta Smart Income ETF 30.3 29 0 8.9 +1.7
DLN WisdomTree U.S. LargeCap Dividend Fund 29.3 28 1 6.3 -0.8
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 27.6 49 -20 4.7 -2.5
MGV Vanguard Mega Cap Value ETF 27.6 7 22 7.2 +0.0
SCHV Schwab U.S. Large-Cap Value ETF 27.4 4 25 7.1 -0.1
DTN WisdomTree U.S. Dividend ex-Financials Fund 27.3 38 -9 7.9 +0.8
DGRW WisdomTree U.S. Quality Dividend Growth Fund 27.1 28 1 6.4 -0.8
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 26.6 30 -1 9.8 +2.6
DTD WisdomTree U.S.Total Dividend Fund 26.5 28 1 6.6 -0.6
DVY iShares Select Dividend ETF 26.3 39 -10 9.6 +2.5
EDOW First Trust Dow 30 Equal Weight ETF 26.1 50 -21 5.9 -1.3
DEW WisdomTree Global High Dividend Fund 25.9 58 -29 9.3 +2.1
RAFE PIMCO RAFI ESG U.S. ETF 25.7 29 0 7.7 +0.6
SDOG ALPS Sector Dividend Dogs ETF 24.4 40 -11 10.3 +3.1
VTV Vanguard Value Index Fund 24.2 4 25 7.4 +0.2
PFM Invesco Dividend Achievers ETF 23.9 54 -25 5.4 -1.8
IWX iShares Russell Top 200 Value ETF 23.9 20 9 7.1 -0.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 23.8 12 17 4.7 -2.5
CCOR Core Alternative ETF 23.7 123 -94 4.4 -2.8
EQWL Invesco Russell Top 200 Equal Weight ETF 23.4 25 4 6.0 -1.1
QDEF FlexShares Quality Dividend Defensive Index Fund 23.1 37 -8 5.8 -1.4
SPDV AAM S&P 500 High Dividend Value ETF 22.9 29 0 10.9 +3.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 22.7 35 -6 8.6 +1.5
DIVB iShares U.S. Dividend & Buyback ETF 22.6 25 4 6.5 -0.6
VOOV Vanguard S&P 500 Value ETF 22.6 15 14 7.3 +0.1
QDF FlexShares Quality Dividend Index Fund 22.4 37 -8 6.1 -1.1
SPYV SPDR Portfolio S&P 500 Value ETF 22.3 4 25 7.4 +0.2
IVE iShares S&P 500 Value ETF 22.3 18 11 7.2 +0.0
QDYN FlexShares Quality Dividend Dynamic Index Fund 22.2 37 -8 6.1 -1.0
IECS iShares Evolved U.S. Consumer Staples ETF 21.9 18 11 5.4 -1.7
SPYD SPDR S&P 500 High Dividend ETF 21.8 7 22 10.4 +3.2
LVHD Legg Mason Low Volatility High Dividend ETF 21.6 27 2 8.9 +1.7
FDRR Fidelity Dividend ETF for Rising Rates 21.5 29 0 6.9 -0.3
IUSV iShares Core S&P U.S. Value ETF 21.1 4 25 7.4 +0.3
DIV Global X SuperDividend US ETF 20.8 46 -17 7.1 -0.1
FLQL Franklin LibertyQ U.S. Equity ETF 20.4 15 14 6.2 -0.9
NULV Nuveen ESG Large-Cap Value ETF 20.2 35 -6 7.3 +0.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 20.0 52 -23 5.0 -2.2
FDVV Fidelity Core Dividend ETF 19.9 29 0 7.1 -0.1
REVS Columbia Research Enhanced Value ETF 19.8 19 10 7.7 +0.5
MOAT VanEck Vectors Morningstar Wide Moat ETF 19.6 49 -20 6.3 -0.8
YLDE ClearBridge Dividend Strategy ESG ETF 19.2 60 -31 4.9 -2.3
XLP Consumer Staples Select Sector SPDR Fund 19.1 13 16 5.3 -1.8
QDIV Global X S&P 500 Quality Dividend ETF 19.0 20 9 7.6 +0.5
VETS Pacer Military Times Best Employers ETF 18.8 60 -31 6.9 -0.3
VONV Vanguard Russell 1000 Value Index Fund 18.7 8 21 7.2 +0.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 18.6 35 -6 8.6 +1.5
FLV American Century Focused Large Cap Value ETF 18.4 42 -13 6.6 -0.6
FSTA Fidelity MSCI Consumer Staples Index ETF 18.4 8 21 5.4 -1.8
VDC Vanguard Consumer Staples Index Fund 18.2 10 19 5.4 -1.8
PEY Invesco High Yield Equity Dividend Achievers ETF 18.0 53 -24 9.1 +2.0
QLV FlexShares US Quality Low Volatility Index Fund 17.8 22 7 4.8 -2.4
IYK iShares U.S. Consumer Goods ETF 17.8 42 -13 5.1 -2.1
PRF Invesco FTSE RAFI US 1000 ETF 17.7 39 -10 6.8 -0.4
FLLV Franklin Liberty U.S. Low Volatility ETF 17.4 29 0 5.8 -1.4
JQUA JPMorgan U.S. Quality Factor ETF 17.3 12 17 5.2 -2.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 17.3 25 4 6.5 -0.7
JHMS John Hancock Multifactor Consumer Staples ETF 17.3 40 -11 5.8 -1.4
RNDV US Equity Dividend Select ETF 17.3 50 -21 7.6 +0.4
IWD iShares Russell 1000 Value ETF 17.2 19 10 7.1 -0.1
EPS WisdomTree U.S. Earnings 500 Fund 17.1 8 21 6.4 -0.8
OEF iShares S&P 100 ETF 17.1 20 9 4.7 -2.5
JDIV JPMorgan U.S. Dividend ETF 17.1 12 17 7.9 +0.7
QUS SPDR MSCI USA StrategicFactors ETF 17.1 15 14 5.8 -1.4
DIA SPDR Dow Jones Industrial Average ETF Trust 17.0 16 13 5.5 -1.7
XLV Health Care Select Sector SPDR Fund 16.9 13 16 7.0 -0.2
JKD iShares Morningstar Large-Cap ETF 16.9 20 9 5.6 -1.6
SPXT ProShares S&P 500 Ex-Technology ETF 16.8 27 2 5.6 -1.6
IEIH iShares Evolved U.S. Innovative Healthcare ETF 16.6 18 11 2.9 -4.3
ESG FlexShares STOXX US ESG Impact Index Fund 16.6 32 -3 5.0 -2.2
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 16.4 15 14 6.8 -0.3
BVAL Brand Value ETF 16.4 65 -36 6.0 -1.2
XLG Invesco S&P 500 Top 50 ETF 16.3 20 9 4.4 -2.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 16.2 29 0 6.2 -1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 16.1 25 4 6.5 -0.7
FMK First Trust Mega Cap AlphaDEX Fund 16.0 70 -41 5.1 -2.1
LSLT Salt Low truBeta US Market ETF 16.0 29 0 6.0 -1.2
SHE SPDR SSGA Gender Diversity Index ETF 15.9 20 9 5.5 -1.7
IYH iShares U.S. Healthcare ETF 15.9 43 -14 6.0 -1.2
LVUS Hartford Multifactor Low Volatility US Equity ETF 15.9 19 10 6.0 -1.1
FVD First Trust Value Line Dividend Index Fund 15.9 70 -41 6.3 -0.8
ROUS Hartford Multifactor US Equity ETF 15.6 19 10 7.3 +0.1
KXI iShares Global Consumer Staples ETF 15.4 46 -17 5.2 -2.0
JVAL JPMorgan U.S. Value Factor ETF 15.3 12 17 8.7 +1.6
USMV iShares Edge MSCI Min Vol USA ETF 15.3 15 14 5.5 -1.7
RECS Columbia Research Enhanced Core ETF 15.2 15 14 5.6 -1.6
BKLC BNY Mellon US Large Cap Core Equity ETF 15.0 0 29 5.1 -2.0
DSTL Distillate US Fundamental Stability & Value ETF 15.0 39 -10 6.4 -0.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
VanEck Vectors Morningstar Durable Dividend ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 18.2 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 7.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.54 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.