DURA VanEck Vectors Morningstar Durable Dividend ETF

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DURA VanEck Vectors Morningstar Durable Dividend ETF

Seeks to track, before fees and expenses, the Morningstar US Dividend Valuation Index.The Index is designed to provide exposure to securities in the Morningstar US Market Index, excluding REITs, that have high dividend yield, strong financial health, and attractive uncertainty-adjusted valuation. Valuation is defined by the Morningstar's star score metric, which relies on a fair value estimate and uncertainty rating determined by the Morningstar Equity Research team. Financial health is proxied by the Distance to Default model, which combines recent market data with financial report items into a measure of a firm's financial stability. To be eligible, a security must be in the top 50% by trailing 12-months dividend yield of all qualified dividend payers in the parent index. A company must have a Distance to Default score in the top 50% within its peer group. Companies that rank within the 30% most overvalued in the eligible universe by the star score metric are excluded. The Index is weighted by dividend dollars.

$31.81  -0.01 (-0.04%)
As of 01/27/2023 13:44:56 EST     IEX book   CBOE book


ETF Information
Sponsor:     Van Eck
Category1:  US Equity
Category2:  Broad Market
Category3:  Multi-cap
Morningstar category:  Large Value
Leverage factor:  1.00
Inception date:  10/20/2018
Index tracking method: Passive replication
Current yield:  2.95%
Historical average yield:  2.96%
Market cap:  $97,081,500
Average volume:  16,506
Fees:     0.2900%

Index Information
Morningstar US Dividend Valuation Index
Index symbol:  MSUSDVTU
Provider:   Morningstar
Index weighting:   Dividend weighted
Index inception date:  04/23/2018
Backtesting data exists:   Yes
Index methdology guide:  Read PDF
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually
Factors used to select securities:

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