MOATVanEck 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 08/10/22
-
30-Day SEC Yield1
1.02% -
Total Net Assets
$7.0B -
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
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
97,050,000 -
Estimated Cash
MOATEU -
Total Cash
MOATTC -
CUSIP
92189F643 -
ISIN
US92189F6438
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
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 04/24/12 |
|
---|---|---|---|---|---|---|---|---|
MOAT (NAV) | 9.83 | 1.50 | -7.91 | -6.19 | 13.72 | 13.43 | 14.81 | 14.30 |
MOAT (Share Price) | 10.01 | 1.58 | -7.88 | -6.17 | 13.74 | 13.44 | 14.79 | 14.31 |
MWMFTR (Index) | 9.88 | 1.65 | -7.61 | -5.61 | 14.28 | 13.99 | 15.39 | 14.87 |
Performance Differential (NAV - Index) | -0.05 | -0.15 | -0.30 | -0.58 | -0.56 | -0.56 | -0.58 | -0.57 |
S&P 500 Index | 9.22 | 0.39 | -12.58 | -4.64 | 13.36 | 12.83 | 13.80 | 13.54 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/12 |
|
---|---|---|---|---|---|---|---|---|
MOAT (NAV) | -7.52 | -14.50 | -16.16 | -12.93 | 11.29 | 11.52 | 13.72 | 13.38 |
MOAT (Share Price) | -7.65 | -14.69 | -16.27 | -13.02 | 11.30 | 11.49 | 13.69 | 13.37 |
MWMFTR (Index) | -7.48 | -14.39 | -15.92 | -12.39 | 11.83 | 12.07 | 14.29 | 13.94 |
Performance Differential (NAV - Index) | -0.04 | -0.11 | -0.24 | -0.54 | -0.54 | -0.55 | -0.57 | -0.56 |
S&P 500 Index | -8.25 | -16.10 | -19.96 | -10.62 | 10.60 | 11.31 | 12.96 | 12.68 |
Top 10 Holdings (%) as of 07/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Veeva Systems Inc |
VEEV US |
887,891 |
198,514,670 | 2.97 |
Kellogg Co |
K US |
2,674,830 |
197,723,434 | 2.96 |
Polaris Inc |
PII US |
1,578,413 |
185,116,277 | 2.77 |
Biogen Inc |
BIIB US |
817,949 |
175,908,112 | 2.63 |
Ecolab Inc |
ECL US |
1,050,717 |
173,546,927 | 2.60 |
Tyler Technologies Inc |
TYL US |
433,193 |
172,844,007 | 2.59 |
Microsoft Corp |
MSFT US |
606,441 |
170,252,246 | 2.55 |
Masco Corp |
MAS US |
3,071,804 |
170,116,506 | 2.55 |
3m Co |
MMM US |
1,187,581 |
170,109,102 | 2.55 |
Gilead Sciences Inc |
GILD US |
2,837,522 |
169,541,940 | 2.54 |
Top 10 Total (%) | 26.69 |
Country Weightings (%) as of 07/31/22
-
Country
% of Net Assets -
■
United States
97.78 -
■
Argentina
2.14 -
■
Other/Cash
0.08
Sector Weightings (%) as of 07/31/22
-
Sector
% of Net Assets -
■
Information Technology
29.1 -
■
Industrials
16.5 -
■
Health Care
14.4 -
■
Financials
11.1 -
■
Consumer Discretionary
9.9 -
■
Consumer Staples
7.4 -
■
Communication Services
6.7 -
■
Materials
3.5 -
■
n/a
1.5 -
■
Other/Cash
0.1