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MOTE
VanEck Morningstar ESG Moat ETF

Fund Description

VanEck Morningstar ESG Moat ETF (MOTE) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Sustainability Moat Focus IndexSM (MSUSSMGU). The index is a rules-based index intended to offer exposure to attractively priced U.S. companies with long-term competitive advantages, according to Morningstar, that have been screened for ESG risks.

 
 

  • Fund Ticker

    MOTE
  • Exchange

    Cboe
  • Inception Date

    10/05/2021
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MSUSSMGU
  • Index Reconstitution

    Annually, Staggered Semi-Annually

 
as of 09/29/22

  • 30-Day SEC Yield1

    1.22%
  • Total Net Assets

    $2.5M
  • Number of Holdings

    61
  • Options

    No
  • Gross Expense Ratio2

    0.55%
  • Net Expense Ratio/TER2

    0.49%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Key Points

  • Sustainable Investment
    A portfolio of U.S. companies screened for ESG risks

  • Wide Moat Companies
    A focus on companies that Morningstar believes possess long-term competitive advantages

  • Focus on Valuations
    Index targets companies trading at attractive valuations relative to Morningstar's estimate of fair value

Trading Information

  • Fund Ticker

    MOTE
  • Index Total Return Ticker

    MSUSSMGU
  • NAV

    MOTENV
  • Intraday NAV (IIV)4

    MOTEIV
  • Shares Outstanding

    125,000
  • Estimated Cash

    MOTEEU
  • Total Cash

    MOTETC
  • CUSIP

    92189Y105
  • ISIN

    US92189Y1055
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    0.10%
  • Gross Expense Ratio

    0.55%
  • Fee Waivers and
    Expense Reimbursement

    -0.06%
  • Net Expense Ratio/TER2

    0.49%

2Expenses for MOTE 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
  • 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 09/29/22

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
MOTE $20.26
$20.26
1,462
0
$-0.35 / -1.69%
$-0.37 / -1.80%
-25.26%
-25.25%
$0.01
0.04%
0.14%

Premium/Discount History as of 09/29/22

Since Inception 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 92 0 24 25 19
MOTE Days closed at NAV 56 0 16 7 13
Days closed at a discount 100 0 21 30 30

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/05/21
MOTE (NAV) -4.86 -3.49 -18.23 -- -- -- -- -11.37
MOTE (Share Price) -4.73 -3.36 -18.12 -- -- -- -- -11.22
MSUSSMGU (Index) -4.83 -3.38 -17.95 -15.09 -- -- -- -10.99
Performance Differential (NAV - Index) -0.03 -0.11 -0.28 -- -- -- -- -0.38
S&P 500 Index -4.08 -3.88 -16.14 -11.23 12.39 11.82 13.08 -7.73
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/05/21
MOTE (NAV) -6.46 -12.89 -20.74 -- -- -- -- -14.09
MOTE (Share Price) -6.70 -13.27 -20.95 -- -- -- -- -14.29
MSUSSMGU (Index) -6.43 -12.78 -20.54 -13.50 -- -- -- -13.80
Performance Differential (NAV - Index) -0.03 -0.11 -0.20 -- -- -- -- -0.29
S&P 500 Index -8.25 -16.10 -19.96 -10.62 10.60 11.31 12.96 -11.93

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings : 61
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Kellogg Co
K US
918
66,775 3.01
Polaris Inc
PII US
579
65,583 2.96
Constellation Brands Inc
STZ US
251
61,759 2.79
Mondelez International Inc
MDLZ US
961
59,447 2.68
Gilead Sciences Inc
GILD US
909
57,694 2.60
Kla Corp
KLAC US
163
56,093 2.53
Roper Technologies Inc
ROP US
138
55,556 2.51
Microsoft Corp
MSFT US
207
54,124 2.44
Yum! Brands Inc
YUM US
483
53,729 2.42
John Wiley & Sons Inc
WLY US
1,158
53,303 2.41
Top 10 Total (%) 26.35
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • United States

    99.93
  • Other/Cash

    0.07

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Information Technology

    28.4
  • Financials

    16.0
  • Consumer Staples

    15.8
  • Consumer Discretionary

    10.4
  • Industrials

    9.8
  • Health Care

    9.3
  • Communication Services

    5.8
  • Energy

    2.4
  • Materials

    2.2
  • Other/Cash

    0.1