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DURAVanEck Vectors Morningstar Durable Dividend ETF
Fund Description
VanEck Vectors Morningstar Durable Dividend ETF (DURA®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Dividend Valuation IndexSM (MSUSDVTU), which is intended to track the overall performance of high dividend yielding U.S. companies with strong financial health and attractive valuations according to Morningstar.
-
Fund Ticker
DURA -
Exchange
Cboe -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Custodian
State Street Bank and Trust Company -
Index Ticker
MSUSDVTU -
Index Reconstitution
Semi-Annually
as of 01/15/21
-
30-Day SEC Yield1
3.51% -
Total Net Assets
$40.8M -
Number of Holdings
53 -
Options
Expected -
Gross Expense Ratio2
1.14% -
Net Expense Ratio/TER2
0.29% -
Distribution Frequency
Quarterly
Index Key Points
Underlying Index:
Morningstar®US Dividend Valuation IndexSM
The Index Composition:
The Index contains high dividend yielding U.S. companies with strong financial health and attractive valuations according to Morningstar.
Companies eligible for inclusion in the Index:
- Derived from Morningstar®US Market IndexSM(Parent Index)
- Companies must pay qualifying dividends; and
- Top 50% as measured by trailing 12 month dividend yield; and
- Top 50% of their peer group as measured by distance to default score; and
- Top 70% most attractively priced as measured by Morningstar Star Score; and
Methodology Highlights:
- Distance to Default Score: a structural or contingent claim model that takes advantage of both market information and accounting financial information to determine the expectation that default will occur.
- Morningstar Star Score: a company’s fair value is used in combination with the Index’s Provider’s equity research team’s uncertainty rating to assign a star score
Reconstitution Frequency:
Semi-Annual (March & September)
Index provider:
Morningstar, Inc.
Index Profile
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Ticker
MSUSDVTU -
Inception Date
04/23/2018 -
Reconstitution Frequency
Semi-Annually
Index Top 10 Constituents (%) as of 12/31/20 Download All Index Constituents
to view
full data
Constituent Name |
Ticker
|
Weightings (%) | |
---|---|---|---|
Abbvie Inc |
ABBV US
|
5.31 | |
Coca-Cola Co/The |
KO US
|
4.91 | |
Johnson & Johnson |
JNJ US
|
4.85 | |
Pepsico Inc |
PEP US
|
4.83 | |
Philip Morris International |
PM US
|
4.65 | |
At&T Inc |
T US
|
4.64 | |
Bristol-Myers Squibb Co |
BMY US
|
4.64 | |
Pfizer Inc |
PFE US
|
4.63 | |
Verizon Communications Inc |
VZ US
|
4.51 | |
Merck & Co. Inc. |
MRK US
|
4.32 | |
Top 10 Total (%) | 47.29 |
Index Country Weightings (%) as of 12/31/20
-
Country
Weightings (%) -
■
United States
98.74 -
■
Switzerland
0.85 -
■
United Kingdom
0.40
Index Sector Weightings (%) as of 12/31/20
-
Sector
Weightings (%) -
■
Health Care
27.1 -
■
Consumer Staples
21.1 -
■
Utilities
12.4 -
■
Industrials
12.4 -
■
Financials
9.8 -
■
Communication Services
9.3 -
■
Consumer Discretionary
4.1 -
■
Information Technology
3.3 -
■
Materials
0.4 -
■
Energy
0.2