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MVPL

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1m

Analysis and statistics

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About

MVPL.US refers to the VanEck Morningstar SMID Moat ETF. This ETF aims to replicate the performance of the Morningstar US Small-Mid Cap Moat Index, which tracks the overall performance of a portfolio of small- and mid-capitalization US companies possessing sustainable competitive advantages, or "economic moats," according to Morningstar's equity research team. The ETF provides exposure to a diversified portfolio of companies believed to have durable competitive advantages that protect their long-term profitability.
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Factors

Underlying Portfolio Performance: MVPL.US's price is directly tied to the performance of the underlying portfolio of stocks it holds. If those stocks increase in value, the ETF's price rises, and vice-versa. Supply and Demand: Like any security, MVPL.US's price fluctuates based on the forces of supply and demand in the market. Higher demand generally leads to a higher price, while increased selling pressure can lower the price. Investor Sentiment: Broad market sentiment and investor confidence in growth stocks can influence the demand for MVPL.US. Positive sentiment pushes price up, while fear reduces demand and may lower price. Expense Ratio: While not a direct day-to-day driver, the ETF's expense ratio impacts long-term returns. Higher expense ratios gradually erode returns, affecting the ETF's attractiveness relative to competitors.

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