MVAL ETF — VanEck Morningstar Wide Moat Value ETF

VanEck Morningstar Wide Moat Value ETF (MVAL)

Updated October 16, 2026.

MVAL is an ETF. its distribution rate is 1.64%, its trailing-12-month yield is 1.64%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 28.6% over the past 2.6 years, 21.6 points behind SPY at 50.2%.

VanEck Morningstar Wide Moat Value ETF is an equity ETF that tracks an index of companies with sustainable competitive advantages identified through Morningstar's methodology, selected at attractive valuations and weighted to emphasize pure value characteristics. The fund carries a modest distribution rate and an expense ratio of 0.50%. It appeals to value-oriented income investors seeking exposure to competitively advantaged companies trading at discounted prices.

MVAL performance versus SPY

Price and return data through 2026-10-16.

Total return is 28.6% over the past 2.6 years, 21.6 points behind SPY at 50.2%. Over the past year its total return — price change plus distributions reinvested — is 12.9%. Its deepest 1-year drawdown was 12.2%.

MVAL key facts

Distribution Safety Score™

50 · Unproven

Issuer

VanEck

Asset type

ETF

Asset class

Equity

Inception date

03/26/2024

Expense ratio

0.50%

Distribution rate

1.64%

Distribution frequency

Annual

Trailing yield

1.64%

Last close

$38.49 (as of 2026-10-16)

AUM

$1,856,792

Average volume

455.0

Dividend

$0.633

Ex-dividend date

12/22/2025

Beta

0.6047

How Dividend Vision calculates yield and returns

Distribution rate (1.64%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.64%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: VanEck; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MVAL risks and drawbacks

MVAL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.2%.

Who may consider MVAL — and who may not

It is a weaker fit for investors who need monthly cash flow (MVAL pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MVAL

• All tickers starting with M

Tagged: Value.

Frequently asked questions

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