MVAL vs. ABEQ ETF Comparison

Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL) to Absolute Core Strategy ETF (ABEQ)

MVAL

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF

MVAL Description

The fund invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure value companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.33

Average Daily Volume

347

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.15

Average Daily Volume

4,655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVAL	ABEQ
30 Days	4.42%	4.71%
60 Days	9.09%	6.60%
90 Days	7.13%	6.08%
12 Months		16.83%

2 Overlapping Holdings

	Symbol	Grade	Weight in MVAL	Weight in ABEQ	Overlap
	CMCSA	C	3.91%	3.43%	3.43%
	IFF	A	4.72%	2.66%	2.66%

MVAL Overweight 8 Positions Relative to ABEQ

Symbol	Grade	Weight
RTX	B	4.91%
MO	A	4.84%
GILD	A	4.55%
CPB	A	4.53%
USB	B	4.45%
BMY	B	4.17%
PFE	D	4.16%
MAS	B	3.23%

MVAL Underweight 13 Positions Relative to ABEQ

Symbol	Grade	Weight
BRK.A	B	-11.7%
UL	A	-6.98%
L	B	-6.53%
DD	C	-5.26%
MDT	A	-4.52%
MRK	D	-4.35%
VZ	B	-3.46%
EOG	D	-3.44%
TRV	A	-3.43%
EQC	A	-3.39%
CSCO	B	-2.9%
CTVA	B	-2.85%
CCI	A	-2.29%