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MOAT
VanEck Vectors Morningstar Wide Moat ETF
MOTI
VanEck Vectors Morningstar International Moat ETF
MWMZX
VanEck Morningstar Wide Moat Fund - Class Z

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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

    NYSE Arca

  • Commencement

    10/30/2018

  • ETF Structure

    Physical

  • Administrator

    Van Eck Associates

  • Custodian

    Bank of New York Mellon

  • Index Ticker

    MSGWMFNU

  • Index Reconstitution

    Semi-Annually, Staggered Quarterly

 
as of 05/24/19

  • 30-Day SEC Yield1

    1.45%

  • Total Net Assets

    $4.1M

  • Number of Holdings

    68

  • Options

    Expected

  • Gross Expense Ratio2

    0.56%

  • Net Expense Ratio/TER2

    0.52%

  • Distribution Frequency

    Annual

  • Next Distribution Date

    12/20/19

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

    150,000

  • Estimated Cash

    GOATEU

  • Total Cash

    GOATTC

  • CUSIP

    92189F122
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%

  • Other Expenses

    0.11%

  • Gross Expense Ratio

    0.56%

  • Fee Waivers and
    Expense Reimbursement

    -0.04%

  • Net Expense Ratio/TER2

    0.52%
2Expenses for GOAT are capped contractually at 0.52% until February 1, 2020. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 05/24/19

NAV/
Last 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 		NAV
Chart
GOAT $27.28
$27.37		 457
10		 $0.06 / +0.22%
$0.09 / +0.35%		 +10.98%
+11.42%
 $0.09
0.34%

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) 3.53 7.43 14.65 -- -- -- -- 11.89
GOAT (Share Price) 3.59 7.49 15.06 -- -- -- -- 12.24
MSGWMFNU (Index)** 3.66 7.60 14.92 9.19 -- -- -- 12.37
Performance Differential (NAV - Index) -0.13 -0.17 -0.27 -- -- -- -- -0.48
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
GOAT (NAV) 0.67 10.74 10.74 -- -- -- -- 8.07
GOAT (Share Price) 0.74 11.07 11.07 -- -- -- -- 8.35
MSGWMFNU (Index)** 0.58 10.86 10.86 -- -- -- -- 8.40
Performance Differential (NAV - Index) 0.09 -0.12 -0.12 -- -- -- -- -0.33

*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.

The "Net Asset Value" (NAV) of a VanEck Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. VanEck Vectors ETF investors should not expect to buy or sell shares at NAV.

Top 10 Holdings (%) as of 04/30/19 Daily Holdings

Total Holdings: 68
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$) 		% of Net
Assets
Guidewire Software Inc
GWRE US
958
102,027 2.41
Kla-Tencor Corp
KLAC US
775
98,797 2.34
Amazon.Com Inc
AMZN US
51
98,253 2.32
Microsoft Corp
MSFT US
732
95,599 2.26
Walt Disney Co/The
DIS US
694
95,057 2.25
Alibaba Group Holding Ltd
BABA US
496
92,043 2.18
Salesforce.Com Inc
CRM US
554
91,604 2.17
Allegion Plc
ALLE US
918
91,093 2.16
American Express Co
AXP US
769
90,150 2.13
T Rowe Price Group Inc
TROW US
835
89,763 2.12
Top 10 Total (%) 22.33
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 04/30/19

  • Country

    % of Net Assets
  • ■

    UNITED STATES

    62.75
  • ■

    UNITED KINGDOM

    9.76
  • ■

    CANADA

    6.10
  • ■

    FRANCE

    4.64
  • ■

    CHINA

    3.27
  • ■

    MEXICO

    3.12
  • ■

    AUSTRALIA

    2.89
  • ■

    SWITZERLAND

    2.82
  • ■

    JAPAN

    2.70
  • ■

    GERMANY

    1.09
  • ■

    DENMARK

    0.93
  • ■

    Other/Cash

    -0.07

Sector Weightings (%) as of 04/30/19

  • Sector

    % of Net Assets
  • ■

    Health Care

    16.4
  • ■

    Industrials

    15.6
  • ■

    Information Technology

    14.2
  • ■

    Financials

    14.2
  • ■

    Consumer Staples

    13.5
  • ■

    Consumer Discretionary

    12.4
  • ■

    Communication Services

    5.6
  • ■

    Energy

    3.9
  • ■

    Materials

    2.2
  • ■

    Real Estate

    2.1
  • ■

    Other/Cash

    -0.1