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MOAT
VanEck Morningstar Wide Moat ETF

Fund Description

VanEck 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
  • Inception Date

    04/24/2012
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MWMFTR
  • Index Reconstitution

    Semi-Annually, Staggered quarterly

 
as of 07/01/22

  • 30-Day SEC Yield1

    1.31%
  • Total Net Assets

    $6.3B
  • Number of Holdings

    50
  • Options

    Available
  • Gross Expense Ratio2

    0.46%
  • Net Expense Ratio/TER2

    0.46%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022
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

Morningstar™ Ratings3
as of 05/31/2022

Category Overall 3 Year 5 Year
Large Blend
5 stars of 1221 funds
4 stars of 1221 funds
5 stars of 1106 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

    98,350,000
  • Estimated Cash

    MOATEU
  • Total Cash

    MOATTC
  • CUSIP

    92189F643
  • ISIN

    US92189F6438
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    0.01%
  • Gross Expense Ratio

    0.46%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.46%

2Expenses for MOAT are capped contractually at 0.49% until February 1, 2023. 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 07/01/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
MOAT $64.40
$64.38
655,654
461,477
$0.61 / +0.95%
$0.65 / +1.02%
-15.36%
-15.41%
$-0.02
-0.02%
0.02%

Premium/Discount History as of 07/01/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 209 58 58 42 34
MOAT Days closed at NAV 8 2 2 7 8
Days closed at a discount 35 4 4 13 20

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) -0.07 -6.12 -9.33 -4.80 16.90 13.92 15.30 14.38
MOAT (Share Price) -0.01 -6.11 -9.33 -4.88 16.92 13.93 15.28 14.38
MWMFTR (Index) -0.01 -5.97 -9.13 -4.22 17.47 14.47 15.88 14.95
Performance Differential (NAV - Index) -0.06 -0.15 -0.20 -0.58 -0.57 -0.55 -0.58 -0.57
S&P 500 Index 0.18 -5.16 -12.76 -0.30 16.44 13.38 14.40 13.76
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/24/12
MOAT (NAV) 1.54 -1.93 -1.93 9.01 18.47 16.27 -- 15.55
MOAT (Share Price) 1.63 -1.85 -1.85 8.99 18.50 16.30 -- 15.56
MWMFTR (Index) 1.61 -1.80 -1.80 9.67 19.04 16.84 15.59 16.12
Performance Differential (NAV - Index) -0.07 -0.13 -0.13 -0.66 -0.57 -0.57 -- -0.57
S&P 500 Index 3.71 -4.60 -4.60 15.65 18.92 15.99 14.64 15.03

Top 10 Holdings (%) as of 05/31/22 Daily Holdings

Total Holdings: 52
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Merck & Co Inc
MRK US
2,342,522
215,582,300 3.19
Philip Morris International Inc
PM US
1,931,502
205,222,088 3.04
Campbell Soup Co
CPB US
4,196,773
201,067,394 2.98
Kellogg Co
K US
2,863,016
199,666,736 2.96
Constellation Brands Inc
STZ US
792,096
194,435,805 2.88
Western Union Co/The
WU US
10,264,108
186,190,919 2.76
Gilead Sciences Inc
GILD US
2,785,782
180,657,963 2.68
Zimmer Biomet Holdings Inc
ZBH US
1,502,489
180,614,203 2.67
Medtronic Plc
MDT US
1,775,187
177,784,978 2.63
Polaris Inc
PII US
1,647,944
175,588,433 2.60
Top 10 Total (%) 28.38
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 05/31/22

  • Country

    % of Net Assets
  • United States

    98.02
  • Argentina

    1.88
  • Other/Cash

    0.09

Sector Weightings (%) as of 05/31/22

  • Sector

    % of Net Assets
  • Information Technology

    25.2
  • Health Care

    17.3
  • Consumer Staples

    14.9
  • Industrials

    12.3
  • Consumer Discretionary

    7.3
  • Communication Services

    6.5
  • Financials

    6.3
  • Materials

    5.3
  • Energy

    1.9
  • Utilities

    1.5
  • n/a

    1.4
  • Other/Cash

    0.1