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UCTSMOT VanEck Morningstar US SMID Moat UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
SMOT

SMID Moat ETF
VanEck Morningstar US SMID Moat UCITS ETF

Marketing Communication
SMOT

SMID Moat ETF
VanEck Morningstar US SMID Moat UCITS ETF

ISIN: IE000SBU19F7 copy-icon
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Fund Description

VanEck Morningstar SMID Moat UCITS ETF invests in small- and mid-cap companies with sustainable competitive advantages and attractive valuations according to Morningstar's equity research team.

  • NAV
    $23.67

    as of 22 Nov 2024
  • Performance since inception
    19.61%

    as of 22 Nov 2024
  • Total Net Assets
    $10.7 million

    as of 22 Nov 2024
  • Total Expense Ratio
    0.49%
  • Inception Date
    12 Jan 2024
  • SFDR Classification
    Article 6
research-link-icon Why invest in a Moat ETF?
Why invest?
Documents
research-link-icon Fact Sheet
research-link-icon KID
research-link-icon Prospectus

Overview

Fund Description

VanEck Morningstar SMID Moat UCITS ETF invests in small- and mid-cap companies with sustainable competitive advantages and attractive valuations according to Morningstar's equity research team.

  • U.S. small- and mid-cap companies with long-term competitive advantages
  • Targets companies trading at attractive prices
  • Powered by Morningstar’s rigorous and forward-looking equity research


Main Risk Factors: Equity market risk, risk of investing in smaller companies. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

Morningstar®US Small-Mid Cap Moat Focus Index™ (MSUMMFNU)

Fund Highlights

  • U.S. small- and mid-cap companies with long-term competitive advantages
  • Targets companies trading at attractive prices
  • Powered by Morningstar’s rigorous and forward-looking equity research


Risk Factors: Equity market risk, risk of investing in smaller companies. Please refer to the

KID

and the Prospectus for other important information before investing.



Underlying Index

Morningstar®US Small-Mid Cap Moat Focus Index™ (MSUMMFNU)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Documents

Publications

Index

Index Description

Morningstar® US Small-Mid Cap Moat Focus Index™ targets small- and mid-cap stocks with durable competitive advantages and attractive valuations, based on the forward-looking insights from Morningstar's equity research team.

Index Key Points

Underlying Index
Morningstar® US Small-Mid Cap Moat Focus IndexTM 

Index composition

Companies eligible for inclusion in the Index

  • Derived from Morningstar® US Small-Mid Cap IndexSM (Parent Index)
  • Assigned an Economic Moat rating of wide by Morningstar’s equity research team
  • Assigned an Economic Moat rating of wide or narrow by Morningstar’s equity research team
  • Assigned a fair value estimate by Morningstar's equity research team

Methodology highlights

  • Staggered reconstitution:
    Index is divided into two equally-weighted sub-portfolios, and each is reconstituted and rebalanced semi-annually on alternating quarters
  • Each sub-portfolio contains 75 equally-weighted securities at its semiannual reconstitution and weights varies with market prices until the next reconstitution date.
    Each sub-portfolio is reweighted to 50% of the total index every six months.
  • Buffer rule:
    At each review, current index constituents ranked within the top 150% of the eligible universe based on current market price/fair value ratio are given preference for inclusion
  • Sector cap: The greater of 40% or corresponding weight in Parent Index + 10%
  • Momentum screen : The Bottom 20% of eligible companies are excluded based on trailing 12-month price return

Index Provider
Morningstar Inc.

Download Index Methodology

Awards

Main Risks

Main Risk Factors of a SMID Moat ETF

  • Equity Market Risk
  • Risk of Investing in Smaller Companies
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The prices of the securities in the Fund are subject to the risks associated with investing in the securities market, including general economic conditions and sudden and unpredictable drops in value. An investment in the Fund may lose money.

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The securities of smaller companies may be more volatile and less liquid than the securities of large companies. Smaller companies, when compared with larger companies, may have a shorter history of operations, fewer financial resources, less competitive strength, may have a less diversified product line, may be more susceptible to market pressure and may have a smaller market for their securities.

For more information on risks, please see the “Risk Factors” section of the relevant Fund’s prospectus, available on www.vaneck.com.