MVAL vs. LTL ETF Comparison

Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Value ETF (MVAL) to ProShares Ultra Telecommunications ProShares (LTL)

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

$33.90

Average Daily Volume

567

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LTL

ProShares Ultra Telecommunications ProShares

LTL Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Select TelecommunicationsSM Index. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of U.S. stock market performance of fixed line (regional and long-distance carriers) and mobile telephone services (cellular, satellite and paging services). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.24

Average Daily Volume

2,861

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MVAL	LTL
30 Days	1.46%	14.49%
60 Days	2.54%	17.58%
90 Days	4.28%	20.86%
12 Months		72.67%

3 Overlapping Holdings

Symbol	Grade	Weight in MVAL	Weight in LTL	Overlap
CMCSA	B	2.3%	3.25%	2.3%
DIS	B	3.42%	3.75%	3.42%
GOOGL	C	1.22%	7.87%	1.22%

MVAL Overweight 36 Positions Relative to LTL

Symbol	Grade	Weight
BMY	B	5.37%
GILD	C	5.31%
EMR	A	5.12%
USB	A	4.98%
KVUE	A	4.81%
MO	A	4.68%
CPB	D	4.09%
PFE	D	3.76%
IFF	D	3.69%
BA	F	3.33%
BIO	D	3.08%
NKE	D	2.82%
SCHW	B	2.73%
MAS	D	2.54%
CTVA	C	2.45%
HON	B	2.44%
NOC	D	2.34%
UPS	C	2.23%
RTX	C	2.22%
ZBH	C	2.12%
NXPI	D	2.1%
ALLE	D	1.87%
MCD	D	1.84%
MKTX	D	1.8%
TMO	F	1.57%
SBUX	A	1.53%
LRCX	F	1.3%
HII	D	1.24%
KEYS	A	1.2%
GEHC	F	1.12%
STZ	D	0.97%
CLX	B	0.93%
OTIS	C	0.92%
TER	D	0.9%
WAT	B	0.9%
ETSY	D	0.58%

MVAL Underweight 19 Positions Relative to LTL

Symbol	Grade	Weight
META	D	-13.63%
GOOG	C	-6.5%
NFLX	A	-5.0%
TTWO	A	-3.52%
TMUS	B	-3.5%
CHTR	C	-3.39%
EA	A	-3.36%
T	A	-3.18%
VZ	C	-2.84%
WBD	C	-2.49%
LYV	A	-2.45%
OMC	C	-2.27%
NWSA	B	-1.28%
IPG	D	-1.22%
FOXA	B	-1.2%
MTCH	D	-0.93%
PARA	C	-0.74%
FOX	A	-0.66%
NWS	B	-0.42%