VanEck Morningstar Durable Dividend ETF (DURA) Valuation
DURA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 20.0 trailing earnings
- Forward P/E
- 14.0 analyst estimates
- Price / sales
- 2.79
- Price / book
- 2.95
- EV / EBITDA
- 11.6
- Earnings yield
- 4.99% inverse of P/E
- Dividend yield
- 3.31% of the holdings
- Return on equity
- 14.7% combined
- Net margin
- 13.9% combined
- Beta
- 0.57 weighted, vs S&P 500
DURA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DURA | 20.0 | 14.0 | 2.79 | 2.95 | 3.31% | 14.7% | 13.9% | 3.1% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DURA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 18.7% | 47.7 | 13.6 | 3.91 | 3.67 | 3.27% | 7.7% |
| Consumer Defensive | 17.1% | 20.5 | 15.7 | 2.80 | 9.81 | 4.04% | 47.8% |
| Energy | 16.9% | 19.6 | 13.8 | 2.34 | 2.17 | 2.68% | 11.1% |
| Utilities | 11.2% | 18.6 | 16.0 | 2.97 | 2.00 | 3.42% | 10.8% |
| Financial Services | 9.7% | 13.3 | 11.1 | 3.19 | 1.54 | 3.04% | 11.6% |
| Communication Services | 7.4% | 9.6 | 9.2 | 1.31 | 1.73 | 5.65% | 18.0% |
| Technology | 6.8% | 29.9 | 21.8 | 6.61 | 8.10 | 2.05% | 27.1% |
| Consumer Cyclical | 4.7% | 18.4 | 16.5 | 2.70 | 73.50 | 2.86% | 398.6% |
| Industrials | 3.8% | 23.3 | 19.2 | 3.45 | 4.41 | 1.94% | 18.9% |
| Basic Materials | 1.7% | 31.1 | 15.1 | 2.26 | 2.71 | 2.71% | 8.7% |
DURA earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DURA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DURA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| XOM | Exxon Mobil Corporation | 5.54% | 23.0 | 14.8 | 2.0 | 2.30% | 4.91% |
| CVX | Chevron Corporation | 5.20% | 21.2 | 15.2 | 2.1 | 3.16% | 5.01% |
| PM | Philip Morris International Inc. | 5.00% | 29.5 | 20.9 | 7.5 | 3.12% | 3.47% |
| PFE | Pfizer Inc. | 4.83% | 38.9 | 9.7 | 2.6 | 5.81% | 2.53% |
| VZ | Verizon Communications Inc. | 4.27% | 11.7 | 8.7 | 1.3 | 6.32% | 7.48% |
| MRK | Merck & Co., Inc. | 4.20% | 115.8 | 15.3 | 5.4 | 2.33% | 0.74% |
| MO | Altria Group, Inc. | 4.01% | 15.8 | 11.9 | 6.1 | 5.91% | 5.18% |
| PEP | PepsiCo, Inc. | 3.90% | 16.5 | 14.9 | 1.8 | 4.50% | 4.82% |
| T | AT&T Inc. | 3.11% | 7.7 | 9.9 | 1.3 | 4.74% | 8.22% |
| TXN | Texas Instruments Incorporated | 3.07% | 42.1 | 27.5 | 13.0 | 2.20% | 1.49% |
| BAC | Bank of America Corporation | 2.91% | 12.2 | 10.8 | 3.1 | 2.50% | 4.86% |
| AMGN | Amgen Inc. | 2.80% | 26.9 | 16.7 | 6.1 | 2.33% | 2.13% |
| MCD | McDonald's Corporation | 2.65% | 19.7 | 17.1 | 6.2 | 3.18% | 2.74% |
| NEE | NextEra Energy, Inc. | 2.63% | 17.9 | 17.7 | 5.8 | 3.12% | 3.00% |
| COP | ConocoPhillips | 2.35% | 19.4 | 12.7 | 2.7 | 2.29% | 2.47% |
| ABT | Abbott Laboratories | 2.21% | 33.8 | 17.1 | 3.9 | 2.40% | 1.33% |
| QCOM | QUALCOMM Incorporated | 2.12% | 19.9 | 19.6 | 4.2 | 2.14% | 2.18% |
| GILD | Gilead Sciences, Inc. | 2.07% | — | 15.6 | 6.4 | 2.10% | −0.72% |
| MDT | Medtronic plc | 1.83% | 23.3 | 14.9 | 3.2 | 3.04% | 1.61% |
| UNP | Union Pacific Corporation | 1.74% | 23.4 | 19.3 | 6.8 | 1.97% | 1.52% |
| DUK | Duke Energy Corporation | 1.70% | 18.3 | 15.9 | 2.9 | 3.57% | 1.90% |
| USB | U.S. Bancorp | 1.57% | 11.4 | 10.4 | 3.3 | 3.68% | 2.81% |
| BLK | BlackRock, Inc. | 1.49% | 25.8 | 16.4 | 6.5 | 2.02% | 1.18% |
| MDLZ | Mondelez International, Inc. | 1.39% | 23.5 | 18.2 | 2.1 | 3.25% | 1.21% |
| LOW | Lowe's Companies, Inc. | 1.37% | 16.7 | 15.6 | 1.2 | 2.53% | 1.67% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DURA valuation
Adding up its 79 holdings with company data, DURA trades at 20.0 times trailing earnings and 14.0 times analysts' forward estimates, with a price-to-book ratio of 2.95 and a dividend yield of 3.31%. Its earnings yield of 4.99% is 0.34 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.1% of the fund and earn 43.9% of its combined profit. By sector, Healthcare is the most expensive at 47.7 times earnings and Communication Services the cheapest at 9.6. Companies that lost money over the past year are 3.1% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DURA chart, DURA performance, DURA holdings, DURA dividends.
DURA valuation FAQ
What is the P/E ratio of DURA?
Based on its holdings, DURA has a trailing P/E of 20.0 and a forward P/E of 14.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DURA?
The trailing earnings yield is 4.99% (1 ÷ P/E) and the forward earnings yield 7.12%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DURA more expensive than the S&P 500?
DURA trades at 20.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.0 and 19.9.
What is the price-to-book ratio of DURA?
The holdings of DURA trade at 2.95 times book value, with a combined return on equity of 14.7%.
Which sector in DURA has the highest P/E?
Healthcare has the highest P/E at 47.7 and Communication Services the lowest at 9.6.