VanEck Morningstar US SMID Moat UCITS ETF

VanEck Morningstar US SMID Moat UCITS ETF

About

VanEck Morningstar US SMID Moat UCITS ETF (IE000SBU19F7) is a UCITS-compliant ETF tracking the Morningstar. With a TER of 0.49%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 110 positions across 1 region with 11M in assets, with heavy concentration — 99% in United States.

ISIN
Fund Size $11.0M
Issuer VanEck
Distribution Re-Invests Dividends
Replication Physical
Inception Jan 2024
Base Currency USD
Index Morningstar
Asset Class —

Costs

6.5
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%

Holdings

3.8
With only 110 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
CARNIVAL CORP
1.51%
#2
Masco Corp
1.46%
#3
Acuity Brands Inc
1.46%
#4
Gentex Corp
1.45%
#5
Block Inc
1.42%
#6
Bio-Techne Corp
1.39%
#7
Royalty Pharma PLC
1.39%
#8
Airbnb Inc
1.37%
#9
Norwegian Cruise Line Holdings Ltd
1.36%
#10
Biogen Inc
1.35%

Sectors

10.0
This fund is well-diversified across 12 sectors, with no single sector dominating.

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2024-01-11 — 2026-06-18).
12.5%
Volatility
-23.4%
Max Drawdown
0.24
Sharpe Ratio
0.34
Sortino Ratio
0.13
Calmar Ratio
0.31
Beta
1.05%
Alpha (Jensen's)
0.082
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Broker Availability

Where you can buy this ETF.
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