MVAL vs. CSTK

Last updated Aug 4, 2026

MVAL (VanEck Morningstar Wide Moat Value ETF) and CSTK (Invesco Comstock Contrarian Equity ETF) are both Large Cap Value Equities funds. MVAL is passively managed, while CSTK is actively managed. Over the past year, MVAL returned 17.43% vs 27.12% for CSTK. Their 0.74 correlation means they have sometimes moved together and sometimes differently. MVAL charges 0.49%/yr vs 0.35%/yr for CSTK.

Performance

MVAL vs. CSTK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat Value ETF (MVAL) and Invesco Comstock Contrarian Equity ETF (CSTK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MVAL achieves a 6.18% return, which is significantly lower than CSTK's 15.85% return.

MVAL

• 1D: 1.13%
• 1M: 2.88%
• 6M: 1.32%
• YTD: 6.18%
• 1Y: 17.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.38%

CSTK

• 1D: 0.64%
• 1M: 1.65%
• 6M: 11.22%
• YTD: 15.85%
• 1Y: 27.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CSTK Invesco Comstock Contrarian Equity ETF	$126.36K	$157.28K	$227.65K
MVAL VanEck Morningstar Wide Moat Value ETF	$7.88K	$11.28K	$24.52K

MVAL vs. CSTK - Yearly Performance Comparison

	2026 (YTD)	2025
MVAL VanEck Morningstar Wide Moat Value ETF	6.18%	22.59%
CSTK Invesco Comstock Contrarian Equity ETF	15.85%	18.16%

Correlation

The correlation between MVAL and CSTK is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.70
Correlation (All Time) Calculated using the full available price history since May 7, 2025	0.74

The correlation between MVAL and CSTK has been stable across timeframes, ranging from 0.70 to 0.74 - a consistent structural relationship.

Return for Risk

MVAL vs. CSTK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MVAL

MVAL Risk / Return Rank: 42
MVAL Sharpe Ratio Rank: 47
MVAL Sortino Ratio Rank: 50
MVAL Omega Ratio Rank: 44
MVAL Calmar Ratio Rank: 39
MVAL Martin Ratio Rank: 32

CSTK

CSTK Risk / Return Rank: 87
CSTK Sharpe Ratio Rank: 91
CSTK Sortino Ratio Rank: 91
CSTK Omega Ratio Rank: 89
CSTK Calmar Ratio Rank: 79
CSTK Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MVAL vs. CSTK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Value ETF (MVAL) and Invesco Comstock Contrarian Equity ETF (CSTK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MVAL	CSTK	Difference
Sharpe ratio: Return per unit of total volatility	1.26	2.42	-1.15
Sortino ratio: Return per unit of downside risk	1.91	3.43	-1.52
Omega ratio: Gain probability vs. loss probability	1.22	1.43	-0.21
Calmar ratio: Return relative to maximum drawdown	1.44	3.07	-1.63
Martin ratio: Return relative to average drawdown	3.12	12.24	-9.11

MVAL vs. CSTK - Sharpe Ratio Comparison

The current MVAL Sharpe Ratio is 1.26, which is lower than the CSTK Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of MVAL and CSTK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MVAL vs. CSTK - Drawdown Comparison

The maximum MVAL drawdown since its inception was -19.56%, which is greater than CSTK's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for MVAL and CSTK.

Drawdown Indicators

	MVAL	CSTK	Difference
Max Drawdown Largest peak-to-trough decline	-19.56%	-8.87%	-10.69%
Max Drawdown (1Y) Largest decline over 1 year	-12.16%	-8.87%	-3.29%
Current Drawdown Current decline from peak	-2.82%	0.00%	-2.82%
Average Drawdown Average peak-to-trough decline	-3.98%	-1.17%	-2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	2.22%	+3.38%

Volatility

MVAL vs. CSTK - Volatility Comparison

VanEck Morningstar Wide Moat Value ETF (MVAL) has a higher volatility of 4.74% compared to Invesco Comstock Contrarian Equity ETF (CSTK) at 2.59%. This indicates that MVAL's price experiences larger fluctuations and is considered to be riskier than CSTK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MVAL	CSTK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	2.59%	+2.15%
Volatility (6M) Calculated over the trailing 6-month period	10.49%	8.44%	+2.05%
Volatility (1Y) Calculated over the trailing 1-year period	13.89%	11.30%	+2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	11.39%	+4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.42%	11.39%	+4.03%

MVAL vs. CSTK - Expense Ratio Comparison

MVAL has a 0.49% expense ratio, which is higher than CSTK's 0.35% expense ratio.

Dividends

MVAL vs. CSTK - Dividend Comparison

MVAL's dividend yield for the trailing twelve months is around 1.65%, less than CSTK's 2.11% yield.

Position	TTM	2025	2024
CSTK Invesco Comstock Contrarian Equity ETF	2.11%	1.44%	0.00%
MVAL VanEck Morningstar Wide Moat Value ETF	1.65%	1.75%	0.97%

Frequently Asked Questions

Can I hold both MVAL and CSTK in my portfolio?

MVAL and CSTK have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MVAL or CSTK?

MVAL has higher volatility (4.74%) compared to CSTK (2.59%). In terms of maximum drawdown, MVAL dropped -19.56% vs CSTK's -8.87%.

Which ETF is better, MVAL or CSTK?

On 1-year performance, CSTK leads with 27.12% vs 17.43% for MVAL. On fees, CSTK is cheaper at 0.35% per year. On volatility, CSTK has been the lower-risk option at 2.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MVAL or CSTK?

Over the 1-year period, CSTK has performed better with a 27.12% return vs 17.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MVAL or CSTK?

CSTK is cheaper with a 0.35% expense ratio, compared with 0.49% for MVAL.

Which ETF pays a higher dividend yield, MVAL or CSTK?

CSTK has the higher dividend yield at 2.11%, compared with 1.65% for MVAL.

What is the main difference between MVAL and CSTK?

They also come from different issuers: VanEck and Invesco. Their fees differ too: 0.49% for MVAL and 0.35% for CSTK.

Which has better risk-adjusted returns?

CSTK currently has the higher Sharpe Ratio (2.42 vs 1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.