VanEck Morningstar Wide Moat Growth ETF
ALTAR
Score™
4.5% info Recommen-
dation
UNDERWEIGHT
2025E    2026E
P/E
ratio
25.8x P/Sales
ratio
4.5x
P/BV
ratio
5.1x Div.
yield
0.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MGRO tracks a modified equal-weighted index of 30 to 60 growth-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages.

FUND BASICS
Category US Equities
Fund Sponsor VanEck
Website www.vaneck.com/us/en/etf-mutual-fund-finder/etfs/equity/overview/
Inception date Mar 26, 2024
Assets (mns) $1
Currency USD
Expense ratio 49 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 44
Wgt avg mkt cap (mns) $315,809
Large cap (>$10bn) 92.8%
Mid cap ($2-10bn) 7.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VEEVA SYSTEMS INC-CLASS A 5.9 %
MICROSOFT CORP 5.5 %
MONOLITHIC POWER SYSTEMS INC 5.4 %
MARKETAXESS HOLDINGS INC 5.0 %
TRANSUNION 4.4 %
TERADYNE INC 3.9 %
ALLEGION PLC 3.2 %
YUM! BRANDS INC 2.9 %
EQUIFAX INC 2.8 %
ALPHABET INC. CLASS A 2.8 %
Total 41.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.6 %
IRELAND 3.2 %