MVAL vs VTV: Grades, Fees and Holdings Compared

VanEck Morningstar Wide Moat Value ETF

MVALDCboe

Vanguard Morningstar Value ETF

VTVANYSE Arca

Overlap

6.2%by weight

Expense ratio

VTV −0.47pt a year

MVAL0.50%VTV0.03%

Avg volume · 30D

VTV 5839.6×the volume

MVAL484VTV2.83M

MVAL vs VTV Performance

Oct 31, 2025 – Oct 30, 2026

+13.7%MVAL+25.3%VTV

Expense ratio: MVAL 0.50%; VTV 0.03%, better
Fund size: MVAL $3M; VTV $252B
1Y total return: MVAL +13.7%; VTV +25.3%, better
Yield (12M): MVAL 1.60%; VTV 1.83%, better
Holdings: MVAL 40; VTV 300
Avg volume (30D): MVAL 484 sh; VTV 2.83M sh, better
NAV per share: MVAL $39.53; VTV $228.00
52W range

ETF.net Grade

Pillar letters and Scores for MVAL, VTV, with each pillar’s weight
Pillar	MVAL	VTV
Cost30% weight	F18	A96Higher
Mission25% weight	A74	A89Higher
Risk15% weight	F24	A84Higher
Tradability15% weight	D33	B65Higher
Holdings10% weight	F22	C51Higher
Durability5% weight	F12	A88Higher

Rank among US Value Index funds

How we build Categories ›

Same Category. MVAL and VTV are both graded against the same 40 US Value Index funds, so their Grades compare head to head.

US Value Index⁠

Category · 40 funds

See all 40 ›

VTV ranks 2nd and MVAL 37th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 3AIUSViShares Core S&P U.S. Value ETFScore 81
Rank 36CVMAXHartford US Value ETFScore 40
Rank 37DMVALVanEck Morningstar Wide Moat Value ETFScore 35
Rank 38DDEEPAcquirers Small and Micro Deep Value ETFScore 31

Our read on each fund

ETF.net Research

MVALDVanEck Morningstar Wide Moat Value ETF

VTVAVanguard Morningstar Value ETF

In short

MVAL No data

VTV Value investing for three cents on every hundred dollars a year. Since 2004, VTV has run a passive, fully invested portfolio of roughly 300 large US companies that screen cheap, at a fee near the industry floor.

Stated mandate

MVAL No data

VTV The fund seeks to track a large-capitalization U.S. value-stock benchmark through passive indexing and substantial replication of that index.

Why people hold it

MVAL No data

VTV 0.03% a year, about a sixth of the 0.18% median for US value funds. Cost is the part of the outcome the fund actually controls.
Same recipe, very different sticker: PRXV tracks the same declared value index and charges 0.36%, twelve times VTV's fee.
Passively managed, full replication, fully invested. No manager hunches, no cash sitting idle, and the fund has tracked its benchmark closely.vanguard.com
One of the largest and most actively traded funds in the US value aisle, the kind of scale that keeps bid-ask spreads thin for ordinary orders.

Worth knowing

MVAL No data

VTV Large caps only, about 300 of them. Cheap mid- and small-cap stocks live in separate funds (VOE, VTWV), so this is one slice of value, not the whole market.
It is a value screen by design, so the priciest fast growers are largely filtered out. In growth-led stretches it can move very differently from a total-market fund.
Income arrives quarterly, in four instalments rather than a monthly drip.

Full MVAL profile⁠

Full VTV profile⁠

MVAL vs VTV Holdings

How MVAL and VTV differ

Overlap by weight

6.2%

Shared holdings make up 55.5% of MVAL and 6.2% of VTV.

Level by level

Holdings20 in both6.2%
Sector11 Sectors64.3%
Countryby domicile98.8%
Asset classEquity100%

Sector

Sector weights in MVAL and VTV, widest gap first
Sector	More in MVALMore in VTV	MVAL	VTV
Consumer Staples	MVAL +22.1 points	30.8%	8.7%
Financials	VTV +16.8 points	5.6%	22.4%
Consumer Discretionary	MVAL +10.7 points	14.4%	3.7%
Energy	VTV +8.2 points	0.0%	8.2%
Utilities	VTV +4.2 points	0.0%	4.2%
Materials	VTV +3.1 points	0.0%	3.1%
Real Estate	VTV +2.5 points	0.0%	2.5%
Health Care	MVAL +1.7 points	18.5%	16.8%
Technology	VTV +1.0 points	13.3%	14.3%
Communication	MVAL +0.7 points	3.7%	3.0%
Industrials	MVAL +0.5 points	13.7%	13.2%

Country, concentration and asset class

Country by domicile

Country weights in MVAL and VTV, widest gap first
Country	More in MVALMore in VTV	MVAL	VTV
United States	VTV +1.2 points	98.8%	100.0%
Brazil	MVAL +1.2 points	1.2%	0.0%

Concentration

Weight in the 10 largest Holdings

MVAL43.8%
VTV23.6%

Securities held

MVAL39
VTV299

Asset class

MVAL: Equity
VTV: Equity

Holdings

Only in MVAL19
In both20
Only in VTV279

Only in MVAL

19 securities, 44.2% of MVAL by weight

Brown-Forman Corp4.34%
Zimmer Biomet Holdings Inc4.34%
Tractor Supply Co4.27%
Clorox Co/The3.88%
Mccormick & Co Inc/Md3.87%
Microsoft Corp3.64%
Masco Corp2.76%
Meta Platforms Inc2.72%
Campbell's Company/The2.11%
Booking Holdings Inc1.83%
Huntington Ingalls Industries Inc1.80%
Marketaxess Holdings Inc1.53%
Allegion Plc1.46%
Mercadolibre Inc1.18%
Synopsys Inc1.04%
Domino's Pizza Inc0.95%
Jack Henry & Associates Inc0.92%
Nxp Semiconductors Nv0.78%
Alphabet Inc0.78%

Only in VTV

279 securities, 94.0% of VTV by weight

Micron Technology Inc4.57%
JPMorgan Chase & Co3.34%
Berkshire Hathaway Inc2.93%
ExxonMobil Holdings Corp2.56%
Johnson & Johnson2.42%
AbbVie Inc1.76%
Walmart Inc1.73%
Chevron Corp1.46%
Cisco Systems Inc1.45%
Caterpillar Inc1.42%
Bank of America Corp1.37%
Merck & Co Inc1.36%
Procter & Gamble Co/The1.28%
Coca-Cola Co/The1.27%
UnitedHealth Group Inc1.25%
Philip Morris International Inc1.13%
Home Depot Inc/The1.08%
RTX Corp0.95%
Thermo Fisher Scientific Inc0.95%
Goldman Sachs Group Inc/The0.93%
Wells Fargo & Co0.92%
Amgen Inc0.87%
Morgan Stanley0.84%
Linde PLC0.83%
Citigroup Inc0.82%
International Business Machines Corp0.79%
QUALCOMM Inc0.73%
Verizon Communications Inc0.72%
Gilead Sciences Inc0.70%
Walt Disney Co/The0.69%
Salesforce Inc0.68%
Deere & Co0.65%
Abbott Laboratories0.65%
AT&T Inc0.64%
Eaton Corp PLC0.63%
Pfizer Inc0.62%
General Electric Co0.62%
Union Pacific Corp0.61%
American Express Co0.58%
ConocoPhillips0.57%
NextEra Energy Inc0.57%
Blackrock Inc0.56%
Berkshire Hathaway Inc0.55%
Uber Technologies Inc0.50%
Prologis Inc0.47%
Newmont Corp0.46%
Progressive Corp/The0.46%
Parker-Hannifin Corp0.46%
Capital One Financial Corp0.45%
Chubb Ltd0.43%

Weight gaps

All 20 Holdings in both funds, largest gap first.

Holding weights in MVAL and VTV, widest gap first
Holding	More in MVALMore in VTV	MVAL	VTV
Ge Healthcare Technologies IncGEHC	MVAL +4.60 points	4.71%	0.11%
Broadridge Financial Solutions IncBR	MVAL +4.55 points	4.58%	0.03%
Danaher CorpDHR	MVAL +4.47 points	5.00%	0.53%
Kenvue IncKVUE	MVAL +4.31 points	4.44%	0.13%
Constellation Brands IncSTZ	MVAL +3.92 points	3.98%	0.06%
Mondelez International IncMDLZ	MVAL +3.91 points	4.19%	0.28%
Nike IncNKE	MVAL +3.74 points	3.90%	0.16%
Otis Worldwide CorpOTIS	MVAL +2.78 points	2.87%	0.09%
Zoetis IncZTS	MVAL +2.34 points	2.44%	0.10%
Lockheed Martin CorpLMT	MVAL +2.16 points	2.61%	0.45%
Charles Schwab Corp/TheSCHW	MVAL +1.87 points	2.48%	0.61%
Lowe's Cos IncLOW	MVAL +1.79 points	2.18%	0.39%
Bristol-Myers Squibb CoBMY	MVAL +1.70 points	2.18%	0.48%
Copart IncCPRT	MVAL +1.42 points	1.51%	0.09%
Pepsico IncPEP	MVAL +1.22 points	1.88%	0.66%
Hershey Co/TheHSY	MVAL +1.12 points	1.21%	0.09%
S&P Global IncSPGI	MVAL +1.08 points	1.51%	0.43%
Northrop Grumman CorpNOC	MVAL +0.96 points	1.22%	0.26%
Texas Instruments IncTXN	MVAL +0.93 points	1.42%	0.49%
Analog Devices IncADI	MVAL +0.46 points	1.19%	0.73%

All MVAL holdings⁠All 331 VTV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MVAL vs VTV Cost

Overpaying MVAL vs VTV

$9,341

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

MVAL 0.50%
$9,979
VTV 0.03%
$638

Amount$10,000

Years30 years

Cost over time

MVAL 0.50%
VTV 0.03%
Overpaying

Year by year

Year	MVAL	VTV	Overpaying
10	$900	$55	$845
20	$3,460	$216	$3,244
30	$9,979	$638	$9,341

Expense ratio

0.50%MVAL
0.03%VTV, cheaper

VTV0.03%MVAL0.50%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

VTV cheapest of 40 funds

MVAL 33rd cheapest of 40 funds

MVAL vs VTV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): MVAL 1.60%; VTV 1.83%, better
Payout (12M): MVAL $0.63; VTV $4.16
Last payment: MVAL $0.63; VTV $1.02
Ex-dividend: MVAL Dec 22, 2025; VTV Sep 28, 2026
Paid on: MVAL Dec 26, 2025; VTV Sep 30, 2026
Frequency: MVAL Annual; VTV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

MVALAnnual · 2 paymentsAll MVAL payments⁠

VTVQuarterly · 39 paymentsAll VTV payments⁠

MVAL vs VTV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: MVAL 13.6%since Apr 2024VTV 11.3%
Return per unit of riskSharpe ratio, 3 years: MVAL 0.54since Apr 2024VTV 1.44
Worst fallMax drawdown, 5 years: MVAL −19.6%since Mar 2024VTV −17.0%
Market sensitivityBeta, 5 years: MVAL 0.62VTV 0.69; Market = 1

MVAL and VTV in the news

All news⁠

Category Review
U.S. value funds beat the S&P 500 over the past year, but the funds did not move together
Updated Oct 21, 2026MVALVTV
Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026MVALVTV
Best ETFs
Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list
Updated Nov 2, 2026VTV
Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026VTV
Head-to-Head
VTV leads VYM over 10 years. The recent gap is one year
Oct 23, 2026VTV
Best ETFs
The best value ETF depends on whose list you bought
Updated Oct 2, 2026VTV

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MVAL vs VTV

In short

Stated mandate

Why people hold it

Worth knowing

How MVAL and VTV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in MVAL

Only in VTV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

U.S. value funds beat the S&P 500 over the past year, but the funds did not move together

One US value fund returned 68% with Micron at 22.5%. The median returned 22%

Best value ETFs: Vanguard's 0.03% fund, unless you want Russell's list

The best growth ETF is the cheap one on the index you want

VTV leads VYM over 10 years. The recent gap is one year

The best value ETF depends on whose list you bought