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MOAT
VanEck Vectors Morningstar Wide Moat ETF

Latest Market Updates*

  • MOAT’s index underwent its quarterly review on September 18, 2020 when it reinforced its previous shifts away from mega cap growth-oriented companies to a more value-oriented posturing. This positioning in what Morningstar believes are undervalued stocks has driven near-term underperformance relative to the broad US equity markets.
  • FAANG + Microsoft accounted for over 23% of the S&P 500 Index while only Amazon and Microsoft remain in MOAT which accounted for just over 2% of its assets as of October 12, 2020.
  • We believe MOAT’s valuations remain attractive signaling upside potential if the market recognizes the mispricing of the portfolio stocks based on Morningstar’s fair value assessments.

Fund Description

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

 
 

  • Fund Ticker

    MOAT
  • Exchange

    Cboe
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MWMFTR
  • Index Reconstitution

    Semi-Annually, Staggered quarterly

 
as of 10/21/20

  • 30-Day SEC Yield1

    1.91%
  • Total Net Assets

    $3.5B
  • Number of Holdings

    48
  • Options

    Available
  • Gross Expense Ratio2

    0.48%
  • Net Expense Ratio/TER2

    0.48%
  • Distribution Frequency

    Annual