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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

    51
  • 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

Fundamentals
as of 08/31/21

  • Weighted Average Market Cap

    $303.2B
  • Price/Earnings Ratio
    (Last 12 Months)*

    24.05
  • Price/Book Ratio
    (Last 12 Months)*

    4.30
*A weighted harmonic average is used to calculate this metric. Price/Book Ratio is the price of a security divided by the book value per share of the security. Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security.

Market Capitalization (%)
as of 08/31/21

  • Capitalization

    % of Net
    Assets ($)
  • Large (>$5.0B)

    95.4%
  • Mid ($1.0 - $5.0B)

    4.6%
  • Small (<$1.0B)

    0.0%
This breakdown represents what percentage of the ETF's assets represent large/mid/small-sized companies. The market capitalization of an individual, publicly traded company is calculated by multiplying the company's stock price by the total number of its shares outstanding.

3-YR Risk Measures
as of 08/31/21

  • Beta vs. S&P 500 Index

    1.04
  • Correlation vs. S&P 500 Index

    0.96
  • Volatility (Standard Deviation)

    19.70
  • Sharpe Ratio

    0.96

Source: VanEck, FactSet.

Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.5

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

  • Country

    % of Net Assets
  • United States

    99.94
  • Other/Cash

    0.06

Portfolio Composition (%)
as of 09/16/21

  • % of Net Assets
  • Stocks

    101.39
  • Bonds

    0.00
  • Other

    0.00
  • Cash

    -1.39

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

Currency Exposure (%)
as of 08/31/21

  • U.S. Dollar

    99.94
  • Other/Cash

    0.06