VanEck Announces the Launch of Two New ETFs Powered by Morningstar

VanEck today announced the launch of two new VanEck Vectors ETFs. Both funds seek to leverage research from Morningstar’s experienced equity research team.

The VanEck Vectors Morningstar Durable Dividend ETF (DURA) seeks to provide exposure to high dividend yielding U.S. companies with strong financial health and attractive valuations, according to Morningstar. DURA seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar US Dividend Valuation Index^SM. The Index leverages Morningstar’s forward-looking fair value assessments as well as its proprietary quantitative Distance to Default score, which helps target financially strong companies with a higher probability of sustaining dividend payments.

“Traditional methods of screening dividend paying companies generally rely on backward-looking data, such as a company’s history or magnitude of past distributions,” said Ed Lopez, Head of ETF Product with VanEck. “Key features of DURA’s index are Morningstar’s fair value and financial health assessments. After years of very low interest rates and ongoing demand for dividend paying stocks, an important consideration for investors is making sure not to overpay for yield, and the Distance to Default metric helps select companies with the lowest probability of future dividend cuts.”

The VanEck Vectors Morningstar Global Wide Moat ETF (GOAT) seeks to provide exposure to global companies with sustainable competitive advantages, or “wide moats,” that are attractively priced according to Morningstar’s estimate of fair value. GOAT seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar Global Wide Moat Focus Index^SM.

“Morningstar’s equity research team consists of over 100 analysts globally and applies one consistent, forward-looking methodology to their stock analysis,” added Lopez.

DURA and GOAT add to VanEck’s suite of ETFs featuring stock selection and valuation methodologies by Morningstar Equity Research, joining VanEck Vectors Morningstar Wide Moat ETF (MOAT) and VanEck Vectors Morningstar International Moat ETF (MOTI).

DURA has a net expense ratio of 0.29%. GOAT has a net expense ratio of 0.52%¹.

About VanEck

VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.