Vaneck Morningstar Durable Etf Profile
| DURA Etf | USD 30.84 0.08 0.26% |
Performance2 of 100
| Odds Of DistressLess than 9
|
VanEck Morningstar is trading at 30.84 as of the 16th of April 2024, a -0.26 percent decrease since the beginning of the trading day. The etf's open price was 30.92. VanEck Morningstar has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for VanEck Morningstar Durable are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Morningstar is traded on BATS Exchange in the United States. More on VanEck Morningstar Durable
Moving together with VanEck Etf
| 0.81 | VTV | Vanguard Value Index | PairCorr |
| 0.84 | VYM | Vanguard High Dividend | PairCorr |
| 0.85 | IWD | iShares Russell 1000 | PairCorr |
| 0.8 | DGRO | iShares Core Dividend | PairCorr |
| 0.85 | IVE | iShares SP 500 | PairCorr |
| 0.96 | DVY | iShares Select Dividend | PairCorr |
| 0.85 | SPYV | SPDR Portfolio SP | PairCorr |
VanEck Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. VanEck Morningstar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding VanEck Morningstar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Dividend Yield ETFs, Strategy ETFs, Large Value, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2018-10-30 |
| Benchmark | Morningstar US Dividend Valuation Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 57.17 Million |
| Average Trading Valume | 9,421.5 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Peter H. Liao |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 80.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 0.41 |
| Name | VanEck Morningstar Durable Dividend ETF |
| Currency Code | USD |
| Open Figi | BBG00MF4XM92 |
| In Threey Volatility | 14.06 |
| 1y Volatility | 11.51 |
| 200 Day M A | 30.931 |
| 50 Day M A | 31.1936 |
| Code | DURA |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
VanEck Morningstar Durable [DURA] is traded in USA and was established 2018-10-30. The fund is listed under Large Value category and is part of VanEck family. The entity is thematically classified as High Dividend Yield ETFs. VanEck Morningstar currently have 72.77 M in assets under management (AUM). , while the total return for the last 3 years was 3.9%.
Check VanEck Morningstar Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Morningstar Durable Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top VanEck Morningstar Durable Etf Constituents
| INTC | Intel | Stock | Information Technology |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
| MCD | McDonalds | Stock | Consumer Discretionary |
| WFC | Wells Fargo | Stock | Financials |
| VZ | Verizon Communications | Stock | Communication Services |
| T | ATT Inc | Stock | Communication Services |
| PM | Philip Morris International | Stock | Consumer Staples |
VanEck Morningstar Target Price Odds Analysis
What are VanEck Morningstar's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of VanEck Morningstar jumping above the current price in 90 days from now is about 58.88%. The VanEck Morningstar Durable probability density function shows the probability of VanEck Morningstar etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days VanEck Morningstar has a beta of 0.6978 suggesting as returns on the market go up, VanEck Morningstar average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding VanEck Morningstar Durable will be expected to be much smaller as well. Additionally, vanEck Morningstar Durable has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of VanEck Morningstar to move above the current price in 90 days from now is about 58.88 (This VanEck Morningstar Durable probability density function shows the probability of VanEck Etf to fall within a particular range of prices over 90 days) .
VanEck Morningstar Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. VanEck Morningstar market risk premium is the additional return an investor will receive from holding VanEck Morningstar long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Morningstar. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although VanEck Morningstar's alpha and beta are two of the key measurements used to evaluate VanEck Morningstar's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.02) |
VanEck Morningstar Against Markets
Picking the right benchmark for VanEck Morningstar etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in VanEck Morningstar etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for VanEck Morningstar is critical whether you are bullish or bearish towards VanEck Morningstar Durable at a given time. Please also check how VanEck Morningstar's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in VanEck Morningstar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy VanEck Etf?
Before investing in VanEck Morningstar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in VanEck Morningstar. To buy VanEck Morningstar etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of VanEck Morningstar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase VanEck Morningstar etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located VanEck Morningstar Durable etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased VanEck Morningstar Durable etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as VanEck Morningstar Durable, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy VanEck Etf please use our How to Invest in VanEck Morningstar guide.
Already Invested in VanEck Morningstar Durable?
The danger of trading VanEck Morningstar Durable is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of VanEck Morningstar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than VanEck Morningstar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile VanEck Morningstar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether VanEck Morningstar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VanEck Morningstar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaneck Morningstar Durable Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Vaneck Morningstar Durable Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Morningstar Durable. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VanEck Morningstar is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Morningstar's value that differs from its market value or its book value, called intrinsic value, which is VanEck Morningstar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Morningstar's market value can be influenced by many factors that don't directly affect VanEck Morningstar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Morningstar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.