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This Cookie Policy explains how Morningstar and its affiliates (collectively, “we”) use cookies, pixels and similar technologies (collectively, “cookies”) when you visit our sites. This Policy should be read together with our Privacy Policy and our Terms of Use.

This Policy applies to visitors to our United States site. If you would like information about how our international sites use cookies, we encourage you to visit those sites’ cookie policies.

What is a cookie?

A cookie is a small file which can be stored on your device when you access our site and is then sent back to us each time you visit our site. Cookies are useful because they allow us to recognize your device and your preferences.

How do we use cookies?

We use cookies to know whether you’re logged in to our site, recognize the products and services you subscribe to, remember your preferred site language, location and other preferences, and show you advertisements relevant to your interests. We use session cookies (which last until you close your browser) and persistent cookies (which last until you or your browser deletes them). These cookies fall into two broad categories; “essential cookies,” which originate from us and are necessary for us to provide you with our services, and “non-essential cookies,” which typically originate from third parties and are not required for you to use our services.

Essential Cookies

We use essential cookies for the following purposes:

  • Authentication—we use cookies to allow you to sign into our services and stay signed in throughout one or multiple site visits.
  • Subscription—we use cookies to recognize that you’ve bought our Premium service and make sure you’re able to view the content and tools that you’ve paid for.
  • Site Language—we have many sites across the world, and we use a cookie to make sure you see our site in a language commonly used in your country.

Non-Essential Cookies

We use non-essential cookies for the following purposes:

  • Analytics—our third-party partners use cookies to provide us with analytics services. These partners, including Google Analytics, use cookies to help us understand how our customers use our sites.
  • Advertising—our third-party partners also use cookies to provide advertising services. These partners, including Bing Ads, The Trade Desk, and Google Marketing, use cookies to show you ads that they believe may interest you.

While cookies may store your personal information on your device, Morningstar and its partners won’t use cookies to store your information outside of your device.

How to manage cookies

Most browsers (for example Edge, Chrome or Safari) allow you to choose whether to accept cookies through your browser settings.

Some of our products and services depend on cookies. If you disable these essential cookies through your browser, you may not be able to use a specific product, service, or feature of that product or service, and you may have to provide us with information that cookies would otherwise remember, including information about your identity and preferences.

How we revise this statement

Our business frequently changes, and we may need to update this policy to reflect those changes. When we make changes to this policy, we’ll revise the “last updated” date at the top of this page.

If you would like to learn more about the personal information we collect and use, please visit our Privacy Statement, contact us at or write us at the following address:

Morningstar, Inc.
22 W. Washington St.
Chicago, IL 60602
Attn: Chief Privacy Officer