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MOAT
VanEck Vectors Morningstar Wide Moat ETF

Latest Market Updates*

  • The outcome of MOAT’s index reviews in 2020 was a reduction of big-tech and other growth-oriented exposure and a shift toward value stocks.
  • FAANG + Microsoft accounted for over 23% of the S&P 500 Index while only Amazon and Microsoft remain in MOAT and accounted for just over 2% of its assets as of November 30, 2020.1
  • 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.

Learn More | Top Moat Stocks in 2020: Veeva, ServiceNow and Amazon

1Source: Morningstar, as of 11/30/2020.

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 01/25/21

  • 30-Day SEC Yield1

    1.68%
  • Total Net Assets

    $4.3B
  • Number of Holdings

    49
  • Options

    Available
  • Gross Expense Ratio2

    0.48%
  • Net Expense Ratio/TER2

    0.48%
  • Distribution Frequency

    Annual
Why Invest?

Morningstar™ Ratings3
as of 12/31/2020

Category Overall 3 Year 5 Year
Large Blend
5 stars of 1232 funds
4 stars of 1232 funds
5 stars of 1072 funds

Key Points

  • Wide Moat Companies
    A focus on U.S. 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

    MOAT
  • Index Total Return Ticker

    MWMFTR
  • NAV

    MOATNV
  • Intraday NAV (IIV)4

    MOATIV
  • Shares Outstanding

    67,150,000
  • Estimated Cash

    MOATEU
  • Total Cash

    MOATTC
  • CUSIP

    92189F643
  • ISIN

    US92189F6438
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    0.03%
  • Gross Expense Ratio

    0.48%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.48%
2Expenses for MOAT are capped contractually at 0.49% until February 1, 2021. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Prices as of 01/25/21

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
MOAT $64.01
$64.04
316,278
272,847
-$0.19 / -0.30%
$-0.18 / -0.28%
+3.26%
+3.29%
$0.03
0.05%
0.02%

Premium/Discount History as of 01/25/21

Calendar Year 2019 1Q 2020 2Q 2020 3Q 2020 4Q 2020 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 164 23 37 31 42
MOAT Days closed at NAV 33 13 5 8 6
Days closed at a discount 55 26 21 25 16

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/24/12
MOAT (NAV) 3.01 15.13 14.76 14.76 15.21 18.06 -- 15.34
MOAT (Share Price) 2.99 15.24 14.84 14.84 15.19 18.07 -- 15.34
MWMFTR (Index) 3.06 15.28 15.09 15.09 15.72 18.61 15.70 15.89
Performance Differential (NAV - Index) -0.05 -0.15 -0.33 -0.33 -0.51 -0.55 -- -0.55
S&P 500 Index 3.84 12.15 18.40 18.40 14.18 15.22 13.88 14.63
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/24/12
MOAT (NAV) 3.01 15.13 14.76 14.76 15.21 18.06 -- 15.34
MOAT (Share Price) 2.99 15.24 14.84 14.84 15.19 18.07 -- 15.34
MWMFTR (Index) 3.06 15.28 15.09 15.09 15.72 18.61 15.70 15.89
Performance Differential (NAV - Index) -0.05 -0.15 -0.33 -0.33 -0.51 -0.55 -- -0.55
S&P 500 Index 3.84 12.15 18.40 18.40 14.18 15.22 13.88 14.63

Top 10 Holdings (%) as of 12/31/20 Daily Holdings

Total Holdings: 50
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
JOHN WILEY & SONS INC
JW/A US
2,723,277
124,344,828 3.03
CHARLES SCHWAB CORP/THE
SCHW US
2,322,555
123,188,317 3.00
CORTEVA INC
CTVA US
2,942,226
113,922,991 2.77
US BANCORP
USB US
2,394,706
111,569,353 2.72
WELLS FARGO & CO
WFC US
3,688,540
111,320,137 2.71
CONSTELLATION BRANDS INC
STZ US
496,630
108,786,802 2.65
BANK OF AMERICA CORP
BAC US
3,584,506
108,646,377 2.65
BOEING CO/THE
BA US
491,431
105,195,720 2.56
YUM! BRANDS INC
YUM US
965,616
104,827,273 2.55
CHENIERE ENERGY INC
LNG US
1,740,544
104,484,856 2.54
Top 10 Total (%) 27.18
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 12/31/20

  • Country

    % of Net Assets
  • United States

    99.96
  • Other/Cash

    0.04

Sector Weightings (%) as of 12/31/20

  • Sector

    % of Net Assets
  • Health Care

    18.8
  • Financials

    17.6
  • Information Technology

    17.5
  • Industrials

    12.2
  • Consumer Staples

    10.8
  • Consumer Discretionary

    8.5
  • Communication Services

    5.5
  • Materials

    5.2
  • Energy

    2.5
  • Utilities

    1.3
  • Other/Cash

    0.0