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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 06/18/21

  • 30-Day SEC Yield1

    1.16%
  • Total Net Assets

    $19.3M
  • Number of Holdings

    68
  • Options

    Expected
  • Gross Expense Ratio2

    2.04%
  • Net Expense Ratio/TER2

    0.52%
  • Distribution Frequency

    Annual
Why Invest?
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors

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

    500,000
  • Estimated Cash

    GOATEU
  • Total Cash

    GOATTC
  • CUSIP

    92189F122
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    1.59%
  • Gross Expense Ratio

    2.04%
  • Fee Waivers and
    Expense Reimbursement

    -1.52%
  • Net Expense Ratio/TER2

    0.52%
2Expenses for GOAT are capped contractually at 0.52% until February 1, 2022. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Portfolio Manager and Analyst for Equity ETFs
  • Joined VanEck in 2007
  • Prior to his current role, held a portfolio administration position at VanEck
  • Previously, Portfolio Analyst at Evaluation Associates
  • BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 06/18/21

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
GOAT $38.57
$38.68
3,554
920
-$0.64 / -1.63%
$-0.58 / -1.49%
+11.10%
+11.35%
$0.12
0.30%
--

Premium/Discount History as of 06/18/21

Calendar Year 2020 2Q 2020 3Q 2020 4Q 2020 1Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 212 34 62 61 60
GOAT Days closed at NAV 10 7 0 1 1
Days closed at a discount 31 22 2 2 0


Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
GOAT (NAV) 1.67 9.88 12.54 36.21 -- -- -- 20.97
GOAT (Share Price) 1.74 10.06 12.69 36.50 -- -- -- 21.06
MSGWMFNU (Index)** 1.80 10.22 12.77 36.96 16.79 -- -- 21.27
Performance Differential (NAV - Index) -0.13 -0.34 -0.23 -0.75 -- -- -- -0.30
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
GOAT (NAV) 3.27 5.77 5.77 51.29 -- -- -- 19.46
GOAT (Share Price) 3.43 5.90 5.90 50.90 -- -- -- 19.56
MSGWMFNU (Index)** 3.32 5.71 5.71 50.94 -- -- -- 19.66
Performance Differential (NAV - Index) -0.05 0.06 0.06 0.35 -- -- -- -0.20

Top 10 Holdings (%) as of 05/31/21 Daily Holdings

Total Holdings: 68
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
ALPHABET INC
GOOGL US
170
400,665 2.28
TORONTO-DOMINION BANK/THE
TD CN
5,477
394,770 2.25
FACEBOOK INC
FB US
1,183
388,888 2.21
GEA GROUP AG
G1A GR
8,895
386,603 2.20
ROYAL BANK OF CANADA
RY CN
3,697
384,451 2.19
PHILIP MORRIS INTERNATIONAL INC
PM US
3,952
381,091 2.17
BERKSHIRE HATHAWAY INC
BRK/B US
1,304
377,430 2.15
YUM CHINA HOLDINGS INC
YUMC US
5,475
370,329 2.11
EMERSON ELECTRIC CO
EMR US
3,821
365,631 2.08
JULIUS BAER GROUP LTD
BAER SW
5,290
359,206 2.04
Top 10 Total (%) 21.68
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 05/31/21

  • Country

    % of Net Assets
  • United States

    60.67
  • China

    6.72
  • Switzerland

    6.23
  • United Kingdom

    4.79
  • Canada

    4.43
  • Australia

    4.20
  • Germany

    4.00
  • Japan

    2.91
  • Sweden

    1.86
  • Belgium

    1.12
  • Denmark

    1.04
  • Taiwan

    0.97
  • France

    0.94
  • Other/Cash

    0.14

Sector Weightings (%) as of 05/31/21

  • Sector

    % of Net Assets
  • Health Care

    19.5
  • Financials

    15.9
  • Industrials

    15.5
  • Information Technology

    14.6
  • Consumer Discretionary

    10.0
  • Consumer Staples

    9.9
  • Communication Services

    8.6
  • Materials

    3.9
  • Energy

    1.1
  • Utilities

    0.9
  • Other/Cash

    0.1