MOTGVanEck Morningstar Global Wide Moat ETF
Fund Description
VanEck Morningstar Global Wide Moat ETF (MOTG®) 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
MOTG -
Exchange
Cboe -
Inception Date
10/30/2018 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MSGWMFNU -
Index Reconstitution
Semi-Annually, Staggered Quarterly
as of 01/26/23
-
30-Day SEC Yield1
1.71% -
Total Net Assets
$17.2M -
Number of Holdings
69 -
Options
No -
Gross Expense Ratio2
1.20% -
Net Expense Ratio/TER2
0.52% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- 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
MOTG -
Index Total Return Ticker
MSGWMFNU -
NAV
MOTGNV -
Intraday NAV (IIV)4
MOTGIV -
Shares Outstanding
500,000 -
Estimated Cash
MOTGEU -
Total Cash
MOTGTC -
CUSIP
92189F122
Fees and Expenses2
-
Management Fee
0.45% -
Other Expenses
0.75% -
Gross Expense Ratio
1.20% -
Fee Waivers and
-0.68%
Expense Reimbursement -
Net Expense Ratio/TER2
0.52%
2 Expenses for MOTG are capped contractually at 0.52% until February 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- 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
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
MOTG (NAV) | -2.99 | 13.78 | -11.34 | -11.34 | 5.68 | -- | -- | 9.76 |
MOTG (Share Price) | -3.11 | 14.05 | -11.36 | -11.36 | 5.62 | -- | -- | 9.78 |
MSGWMFNU (Index)** | -2.50 | 13.75 | -11.05 | -11.05 | 5.94 | 7.80 | 10.46 | 10.07 |
Performance Differential (NAV - Index) | -0.49 | 0.03 | -0.29 | -0.29 | -0.26 | -- | -- | -0.31 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
MOTG (NAV) | -2.99 | 13.78 | -11.34 | -11.34 | 5.68 | -- | -- | 9.76 |
MOTG (Share Price) | -3.11 | 14.05 | -11.36 | -11.36 | 5.62 | -- | -- | 9.78 |
MSGWMFNU (Index)** | -2.50 | 13.75 | -11.05 | -11.05 | 5.94 | 7.80 | 10.46 | 10.07 |
Performance Differential (NAV - Index) | -0.49 | 0.03 | -0.29 | -0.29 | -0.26 | -- | -- | -0.31 |
Top 10 Holdings (%) as of 12/31/22
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Airbus Se |
AIR FP
|
3,118
|
369,629 | 2.30 |
Blackbaud Inc |
BLKB US
|
6,219
|
366,050 | 2.28 |
Safran Sa |
SAF FP
|
2,876
|
359,153 | 2.24 |
Emerson Electric Co |
EMR US
|
3,654
|
351,003 | 2.19 |
Anheuser-Busch Inbev Sa/Nv |
ABI BB
|
5,835
|
350,397 | 2.18 |
Zimmer Biomet Holdings Inc |
ZBH US
|
2,629
|
335,198 | 2.09 |
Blackrock Inc |
BLK US
|
472
|
334,473 | 2.08 |
Roper Technologies Inc |
ROP US
|
772
|
333,573 | 2.08 |
Sanofi |
SAN FP
|
3,455
|
332,158 | 2.07 |
Yum China Holdings Inc |
YUMC US
|
6,059
|
331,124 | 2.06 |
Top 10 Total (%) | 21.57 |
Country Weightings (%)
as of 12/31/22
Country | % of Net Assets |
---|---|
● United States | 51.65 |
● United Kingdom | 9.91 |
● France | 6.61 |
● China | 6.12 |
● Australia | 4.99 |
● Japan | 4.03 |
● Switzerland | 3.99 |
● Germany | 2.87 |
● Belgium | 2.18 |
● Canada | 1.99 |
● Taiwan Region | 1.90 |
● Brazil | 1.80 |
● Argentina | 1.00 |
● Netherlands | 0.93 |
● Other/Cash | 0.04 |
Sector Weightings (%)
as of 12/31/22
Sector | % of Net Assets |
---|---|
● Financials | 18.97 |
● Consumer Staples | 18.74 |
● Information Technology | 18.70 |
● Industrials | 17.84 |
● Health Care | 13.19 |
● Consumer Discretionary | 6.55 |
● Communication Services | 2.96 |
● Materials | 1.92 |
● Utilities | 1.08 |
● Other/Cash | 0.04 |