What Is the MNVT ETF? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
This article covers the strategy and outlook of the Moonvest ETF (MNVT), an active ETF focused on undervalued global stocks. It examines the features and risks of a non-diversified fund that uses a contrarian, bottom-up approach to select recovery candidates that have fallen sharply from their highs.
SubscribeWhat Is the Moonvest ETF?
This is an active ETF in which the management team picks stocks directly instead of tracking a specific index. It takes a contrarian view, concentrating on a small number of global stocks that have fallen sharply from their highs but still retain structural strengths.
It suits investors who want to go beyond index tracking, actively bet on undervaluation and recovery themes, and can tolerate volatility.
It is an ETF with an active (actively managed) strategy run by Moonvest.
How Does the Moonvest ETF Invest?
| Item | Details |
|---|---|
| Tracked index | None (active management) |
| Management style | Active (direct stock selection) |
| Rebalancing frequency | At the discretion of the management team |
| Dividend frequency | Irregular |
| Total expense ratio | 0.75% |
The fund uses bottom-up fundamental analysis to select global companies that have fallen sharply from their highs but have solid structural outlooks. It holds both growth and value stocks, concentrating on a small number of positions in a non-diversified approach that seeks excess returns during recovery phases.
- Contrarian selection of undervalued stocks
- Non-diversified structure concentrated in a few holdings
Moonvest ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $63.9M, and the total expense ratio is 0.75% per year.
Unlike core ETFs that track an index, performance here depends on the management team's stock selection.
Moonvest ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeBecause of its active selection approach, performance depends heavily on how the portfolio holdings recover. Whether individual stocks are re-rated tends to affect returns more than the overall direction of the market.
Contrarian theme funds tend to draw more interest during market corrections. However, because of the concentrated structure, fund flows and performance swing more widely than in broad core ETFs.
Moonvest ETF Pros and Cons
Its strength is the potential for excess returns from undervaluation and recovery themes, while concentration in a few holdings and reliance on active management are the risk factors.
💪 Key Strengths
⚠️ Points to Watch
Moonvest ETF Alternatives and Related Products
The regional ETFs shown in the table, such as EZU (Eurozone), VPL (Asia Pacific), AIA (Asia) and ILF (Latin America), track the index of a specific market, while BDYN is closer to a rule-based active fund. The Moonvest ETF differs in that it is a concentrated active fund that selects stocks directly without an index, and its dispersion across holdings tends to be larger than that of regional ETFs. For broad diversification across the global market, you can consider the broad core ETFs ACWI and VT, and to reduce volatility, the low-volatility factor ETF ACWV.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 EZU | iShares MSCI EMU ETF | $65.71 | +0.8% | $9.1B | 0.50% | 2.8% | +5.7% |
 VPL | Vanguard FTSE Pacific ETF | $108.41 | -0.3% | $8.4B | 0.07% | 2.23% | +18.3% |
 AIA | iShares Asia 50 ETF | $126.46 | -0.4% | $4.5B | 0.50% | 0.99% | +29.0% |
 ILF | iShares Latin America 40 ETF | $32.25 | +0.4% | $3.4B | 0.47% | 3.02% | +10.3% |
 BDYN | iShares Dynamic Equity Active ETF | $26.94 | -0.6% | $3.1B | 0.39% | 0.33% | +6.1% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 CLSK | Cleanspark Inc | 0.16% | $7.15 | -6.8% | $1.8B | - | - |
 RDW | Redwire Corp | 0.06% | $7.83 | -6.7% | $2.0B | - | - |
 FLNC | Fluence Energy Inc | 0.06% | $5.21 | -8.9% | $961.8M | - | - |
 SRPT | Sarepta Therapeutics Inc | 0.06% | $18.32 | -1.6% | $1.9B | - | - |
 LCID | Lucid Group Inc | 0.06% | $3.00 | -0.7% | $1.2B | - | - |
 OSCR | Oscar Health Inc | 0.06% | $31.00 | +2.1% | $9.6B | 22.6 | - |
 IONQ | IonQ Inc | 0.06% | $28.17 | -6.2% | $12.1B | - | - |
 PGY | Pagaya Technologies Ltd | 0.06% | $18.13 | -5.7% | $1.5B | 11.5 | - |
 TMDX | Transmedics Group Inc | 0.05% | $66.67 | +1.0% | $2.3B | 17.3 | - |
Moonvest ETF Investor Checkpoints
These are points to review before investing in the Moonvest ETF. Because of its active and concentrated structure, it is quite different in character from an index-based core ETF, so it is wise to check costs, concentration and the management track record in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense ratio | Check the level of active management costs | Needs confirmation |
| 📊 Holding concentration | Whether it concentrates on a few stocks | Non-diversified structure |
| 🎯 Management performance | Track the team's stock selection record | Relies on active management |
| 💱 Exchange rate | Impact on returns converted to won | No currency hedge applied |
Concentration in a few holdings and reliance on active management are the main drivers of volatility. If the recovery of the selected stocks is delayed, weak periods can last longer than with broad core ETFs, so caution is warranted.
It is a fitting choice for investors who want to go beyond index tracking and actively bet on undervaluation and recovery themes. If you want stable core exposure, it is advisable to also consider broad ETFs such as ACWI and VT.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of July 2, 2026.
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