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Managed by VanEck, Powered by Morningstar

MOAT
VanEck Morningstar Wide Moat ETF

Market Updates*

  • MOAT features an impressive long-term performance history.
  • Morningstar regularly addresses valuations and has slowly moved from a value tilt back to fairly even exposure to growth, value and blend style exposure.
  • MOAT’s YTD outperformance of the S&P 500 Index has been driven primarily by strong stock selection over sector over/underweights. Stock selection within the financials, information technology, consumer staples, communication services, and consumer discretionary sectors have been the most notable areas of success.

Learn More | Strong Showing by Recent Moat Stock Picks: Northrop, Google

Source: Morningstar.

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
  • 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 09/17/21

  • 30-Day SEC Yield1

    1.12%
  • Total Net Assets

    $7.4B
  • Number of Holdings

    50
  • Options

    Available
  • Gross Expense Ratio2

    0.47%
  • Net Expense Ratio/TER2

    0.47%
  • 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

Morningstar™ Ratings3
as of 08/31/2021

Category Overall 3 Year 5 Year
Large Blend
4 stars of 1254 funds
5 stars of 1254 funds
4 stars of 1094 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

    99,450,000
  • Estimated Cash

    MOATEU
  • Total Cash

    MOATTC
  • CUSIP

    92189F643
  • ISIN

    US92189F6438
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    0.02%
  • Gross Expense Ratio

    0.47%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.47%
2Expenses for MOAT are capped contractually at 0.49% 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 09/17/21

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 $74.58
$74.64
403,838
307,027
-$0.59 / -0.79%
$-0.59 / -0.78%
+20.32%
+20.39%
$0.06
0.07%
0.01%

Premium/Discount History as of 09/17/21

Calendar Year 2020 3Q 2020 4Q 2020 1Q 2021 2Q 2021 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 133 31 42 34 59
MOAT Days closed at NAV 32 8 6 4 0
Days closed at a discount 88 25 16 23 4


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) 1.38 4.50 23.47 36.80 20.15 18.80 -- 16.77
MOAT (Share Price) 1.36 4.40 23.48 36.93 20.15 18.79 -- 16.78
MWMFTR (Index) 1.43 4.63 23.90 37.51 20.68 19.35 18.15 17.34
Performance Differential (NAV - Index) -0.05 -0.13 -0.43 -0.71 -0.53 -0.55 -- -0.57
S&P 500 Index 3.04 7.95 21.58 31.17 18.07 18.02 16.34 15.91
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/24/12
MOAT (NAV) 1.11 7.04 19.45 43.73 21.17 19.49 -- 16.69
MOAT (Share Price) 1.00 6.90 19.45 43.87 21.17 19.50 -- 16.69
MWMFTR (Index) 1.15 7.17 19.77 44.48 21.72 20.05 16.85 17.25
Performance Differential (NAV - Index) -0.04 -0.13 -0.32 -0.75 -0.55 -0.56 -- -0.56
S&P 500 Index 2.33 8.55 15.25 40.79 18.67 17.65 14.84 15.56

Top 10 Holdings (%) as of 08/31/21 Daily Holdings

Total Holdings: 48
Swipe
to view
full data
Holding Name
Ticker
Shares Market Value
(US$)
% of Net
Assets
SERVICENOW INC
NOW US
336,613
216,657,591 3.18
ALPHABET INC
GOOGL US
71,268
206,246,029 3.03
MICROSOFT CORP
MSFT US
650,810
196,466,523 2.88
FACEBOOK INC
FB US
508,317
192,845,303 2.83
PFIZER INC
PFE US
4,182,708
192,697,358 2.83
SALESFORCE.COM INC
CRM US
702,782
186,426,981 2.74
TYLER TECHNOLOGIES INC
TYL US
376,524
182,877,707 2.68
GUIDEWIRE SOFTWARE INC
GWRE US
1,502,160
177,945,874 2.61
MEDTRONIC PLC
MDT US
1,312,808
175,233,612 2.57
PHILIP MORRIS INTERNATIONAL INC
PM US
1,692,628
174,340,684 2.56
Top 10 Total (%) 27.91
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/21

  • Country

    % of Net Assets
  • United States

    99.94
  • Other/Cash

    0.06

Sector Weightings (%) as of 08/31/21

  • Sector

    % of Net Assets
  • Information Technology

    23.2
  • Health Care

    22.5
  • Industrials

    13.2
  • Consumer Staples

    10.5
  • Financials

    7.7
  • Communication Services

    7.2
  • Consumer Discretionary

    6.3
  • Materials

    4.5
  • Energy

    2.6
  • Utilities

    2.4
  • Other/Cash

    0.1