VanEck Morningstar Wide Moat Value ETF (MVAL) Performance
MVAL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.2% since Dec 31, 2025
- 1 year
- +11.8% total return
- Since first price
- +31.0% since 2024
MVAL trailing returns vs SPY, QQQ, AGG
| Period | MVAL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +5.4% | +5.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.4% | +6.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.0% | +7.0% | +7.8% | +8.4% | −1.5% |
| YTD | +8.2% | +8.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.8% | +9.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 28, 2024 | +31.0% | +27.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MVAL vs SPY
From Mar 28, 2024: MVAL grew to $13,104, SPY to $14,958.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MVAL returns by calendar year
1 of 1 full years positive. Best 2025 (+14.2%), worst 2025 (+14.2%). 2026 is year to date.
MVAL annual returns table
| Year | MVAL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.2% | −12.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.2% | −18.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MVAL largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 2, 2024 | −19.6% | Apr 8, 2025 | Jul 22, 2025 | 4 months | 8 months |
| Feb 24, 2026 | −12.2% | May 15, 2026 | Aug 13, 2026 | 3 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MVAL risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +8.4% |
| Volatility (annualized) | 13.1% |
| Sharpe ratio | 0.36 |
| Sortino ratio | 0.49 |
| Best month | +6.6% |
| Worst month | −9.7% |
| Best 12 months | +23.2% |
| Worst 12 months | +3.7% |
| Positive months | 63% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MVAL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | +3.7% | +11.3% | +23.2% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
MVAL performance overview
VanEck Morningstar Wide Moat Value ETF (MVAL) returned +11.8% over the past year, with distributions reinvested. Since its first recorded price on Mar 28, 2024 it has returned +31.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.6%, from Dec 2, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 13.1% a year.
Related: MVAL chart, MVAL holdings, MVAL dividends, MVAL valuation. See the MVAL overview for the latest quote and fund facts.
MVAL performance FAQ
What is the MVAL return over the past year?
MVAL returned +11.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.9%.
How much would $10,000 invested in MVAL be worth?
$10,000 invested in MVAL at its first recorded close on March 28, 2024 would be worth about $13,104 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MVAL?
The largest peak-to-trough decline was −19.6% between December 2, 2024 and April 8, 2025. It recovered to the old high on July 22, 2025, 3 months after the bottom.
How volatile is MVAL?
Over the past history MVAL had an annualized volatility of 13.1% and a Sharpe ratio of 0.36 (excess return over 1–3 month T-bills per unit of risk).