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MWMIX
VanEck Morningstar Wide Moat Fund - Class I

Daily Price as of 09/21/21

NAV DAILY CHANGE
$36.30 $-0.09 / -0.25%

Class I Details: MWMIX

INCEPTION DATE GROSS/NET EXPENSES1
4.28%/0.59%
Why Invest?
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors

Sector Weightings (%)
as of 08/31/21

Sector % of Net Assets
Information Technology 23.2
Health Care 22.5
Industrials 13.2
Consumer Staples 10.5
Financials 7.6
Communication Services 7.1
Consumer Discretionary 6.3
Materials 4.5
Energy 2.6
Utilities 2.4
Cash 0.1

Fund Details
as of 08/31/21

  • Net Assets (All Classes)
    $17.7M
  • Number of Holdings
    48
  • Avg. Wtd. Market Cap
    $91.8B
  • Turnover Rate (2020)
    63.1%
  • P/E (LTM) / P/E (Forward)*
    24.1 / 20.6
  • P/B (LTM)*
    4.3
  • Benchmark Index
    Morningstar® Wide Moat Focus IndexSM
*Price-to-Earnings (P/E) ratio is the price of a stock divided by its earnings per share. Price-to-Book (P/B) ratio is the ratio of a stock's price to its book value.

Market Capitalization Breakdown (%) as of 08/31/21

Market Capitalization % of Net Assets
Large (>= $10 billion) 88.5%
Mid (< $10 billion >= $2 billion) 11.5%
Average Weighted Market Cap $91.8B

Market capitalization (cap) is the value of a corporation as determined by the market price of its issued and outstanding common stock.

Three-Year Risk Measures and Statistics 
as of 08/31/21

Volatility (Standard Deviation) 20.01
Sharpe Ratio 0.82
Alpha vs. S&P 500 Index -0.66
Beta vs. S&P 500 Index 1.00
R-squared vs. S&P 500 Index 99.99
Source: VanEck and FactSet.
Volatility is the annualized standard deviation of monthly returns. Sharpe ratio is the return less the risk free rate divided by the standard deviation and measures risk-adjusted return. Alpha is a measure of the difference between a portfolio's actual returns and its expected performance, given its level of risk as measured by beta. Beta is a measure of sensitivity to market movements. R-squared reflects the percentage of a fund's movements that can be explained by movements in its benchmark index.

Five-Year Risk Measures and Statistics 

Volatility (Standard Deviation) --
Sharpe Ratio --
Alpha vs S&P 500 Index --
Beta vs. S&P 500 Index --
R-squared vs. S&P 500 Index --
Source: VanEck and FactSet.
Volatility is the annualized standard deviation of monthly returns. Sharpe ratio is the return less the risk-free rate divided by the standard deviation and measures risk-adjusted return. Alpha is a measure of the difference between a portfolio's actual returns and its expected performance, given its level of risk as measured by beta. Beta is a measure of sensitivity to market movements. R-squared reflects the percentage of a fund's movements that can be explained by movements in its benchmark index.