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One of the Most Useful ETF Data Points You May Never Have Heard Of

Ben Johnson, CFA (ben.johnson@morningstar.com)

Morningstar's fair value estimate for exchange-traded funds leverages the bottom-up fundamental analysis produced by our global team of equity research analysts, distilling their extensive work into one powerful metric of the estimated intrinsic value of a portfolio of stocks. Morningstar's equity analysts might not cover each of the stocks in an ETF's portfolio.