Skip directly to Accessibility Notice
Menu
Contact
VanEck logo

Managed by VanEck, Powered by Morningstar

GOAT
VanEck Vectors Morningstar Global Wide Moat ETF

Fund Description

VanEck Vectors Morningstar Global Wide Moat ETF (GOAT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global Wide Moat Focus IndexSM (MSGWMFNU), which is intended to track the overall performance of attractively priced global companies with sustainable competitive advantages according to Morningstar's equity research team.

 
 

  • Fund Ticker

    GOAT

  • Exchange

    Cboe

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    State Street Bank and Trust Company

  • Index Ticker

    MSGWMFNU

  • Index Reconstitution

    Semi-Annually, Staggered Quarterly

 
as of 10/21/20

  • 30-Day SEC Yield1

    1.69%

  • Total Net Assets

    $11.5M

  • Number of Holdings

    66

  • Options

    Expected

  • Gross Expense Ratio2

    2.50%

  • Net Expense Ratio/TER2

    0.56%

  • Distribution Frequency

    Annual

Key Points

  • Wide Moat Companies
    A focus on global companies Morningstar believes possess sustainable competitive advantages, or “moats”

  • Focus on Valuations
    Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value

  • Morningstar’s Equity Research
    Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally

Trading Information

  • Fund Ticker

    GOAT

  • Index Total Return Ticker

    MSGWMFNU

  • NAV

    GOATNV

  • Intraday NAV (IIV)4

    GOATIV

  • Shares Outstanding

    350,000

  • Estimated Cash

    GOATEU

  • Total Cash

    GOATTC

  • CUSIP

    92189F122
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%

  • Other Expenses

    2.05%

  • Gross Expense Ratio

    2.50%

  • Fee Waivers and
    Expense Reimbursement

    -1.94%

  • Net Expense Ratio/TER2

    0.56%
2Expenses for GOAT are capped contractually at 0.52% until February 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 10/21/20

NAV/
Market Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change
NAV/
Last Price 		Premium/
Discount 		Prem/Discount
Distribution Charts 		NAV &
Prem/Discount
History 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
GOAT $32.83
$32.91		 2,057
1,868		 -$0.02 / -0.07%
$-0.03 / -0.10%		 +6.77%
+6.75%
 $0.08
0.24%		 0.09%

Premium/Discount History as of 10/21/20

Calendar Year 2019 4Q 2019 1Q 2020 2Q 2020 3Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 250 64 55 34 62
GOAT Days closed at NAV 1 0 2 7 0
Days closed at a discount 1 0 5 22 2

Performance History: Average Annual Total Returns* (%)
View All ETFs View All Indices

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
GOAT (NAV) -2.42 7.16 4.65 13.70 -- -- -- 15.01
GOAT (Share Price) -2.33 7.17 4.74 13.82 -- -- -- 15.20
MSGWMFNU (Index)** -2.58 7.13 4.49 13.69 -- -- -- 15.18
Performance Differential (NAV - Index) 0.16 0.03 0.16 0.01 -- -- -- -0.17
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
GOAT (NAV) -2.42 7.16 4.65 13.70 -- -- -- 15.01
GOAT (Share Price) -2.33 7.17 4.74 13.82 -- -- -- 15.20
MSGWMFNU (Index)** -2.58 7.13 4.49 13.69 -- -- -- 15.18
Performance Differential (NAV - Index) 0.16 0.03 0.16 0.01 -- -- -- -0.17

*Returns less than one year are not annualized.
**Index inception date: 04/23/2018

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

Top 10 Holdings (%) as of 09/30/20 Daily Holdings

Total Holdings: 66
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
SALESFORCE.COM INC
CRM US
870
218,648 2.27
NABTESCO CORP
6268 JP
6,000
217,704 2.26
COMPASS MINERALS INTERNATIONAL INC
CMP US
3,638
215,915 2.24
SERVICENOW INC
NOW US
438
212,430 2.20
TENCENT HOLDINGS LTD
700 HK
3,100
209,386 2.17
BERKSHIRE HATHAWAY INC
BRK/B US
958
203,997 2.11
PFIZER INC
PFE US
5,467
200,639 2.08
BAIDU INC
BIDU US
1,575
199,379 2.07
BRISTOL-MYERS SQUIBB CO
BMY US
3,289
198,294 2.05
BIOGEN INC
BIIB US
698
198,009 2.05
Top 10 Total (%) 21.50
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 09/30/20

  • Country

    % of Net Assets
  • ■

    United States

    65.48
  • ■

    China

    7.52
  • ■

    United Kingdom

    6.71
  • ■

    Japan

    6.37
  • ■

    Switzerland

    3.77
  • ■

    Canada

    3.75
  • ■

    Germany

    2.72
  • ■

    France

    1.87
  • ■

    Australia

    1.02
  • ■

    Denmark

    0.97
  • ■

    Other/Cash

    -0.17

Sector Weightings (%) as of 09/30/20

  • Sector

    % of Net Assets
  • ■

    Health Care

    25.3
  • ■

    Information Technology

    17.3
  • ■

    Consumer Staples

    13.6
  • ■

    Industrials

    13.1
  • ■

    Communication Services

    9.2
  • ■

    Consumer Discretionary

    7.6
  • ■

    Financials

    7.0
  • ■

    Materials

    4.3
  • ■

    Energy

    1.8
  • ■

    Utilities

    0.9
  • ■

    Other/Cash

    -0.2