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 02/07/23
-
30-Day SEC Yield1
0.76% -
Total Net Assets
$7.5B -
Number of Holdings
49 -
Options
Available -
Gross Expense Ratio2
0.46% -
Net Expense Ratio/TER2
0.46% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
SMID-Cap Moats Lead in Market Rally
Key Documents and Links
Fund Highlights
- 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
100,050,000 -
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%
2 Expenses for MOAT are capped contractually at 0.49% until February 1, 2024. 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) | 11.73 | 14.80 | 11.73 | -1.12 | 11.75 | 11.54 | 13.55 | 14.10 |
MOAT (Share Price) | 11.84 | 14.85 | 11.84 | -1.13 | 11.75 | 11.11 | 13.54 | 14.10 |
MWMFTR (Index) | 11.78 | 14.92 | 11.78 | -0.58 | 12.28 | 12.09 | 14.12 | 14.66 |
Performance Differential (NAV - Index) | -0.05 | -0.12 | -0.05 | -0.54 | -0.53 | -0.55 | -0.57 | -0.56 |
S&P 500 Index | 6.28 | 5.76 | 6.28 | -8.22 | 9.88 | 9.54 | 12.68 | 12.82 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/12 |
|
---|---|---|---|---|---|---|---|---|
MOAT (NAV) | -5.51 | 9.67 | -13.54 | -13.54 | 7.17 | 10.40 | 12.83 | 13.04 |
MOAT (Share Price) | -5.57 | 9.55 | -13.65 | -13.65 | 7.16 | 10.37 | 12.81 | 13.03 |
MWMFTR (Index) | -5.47 | 9.78 | -13.08 | -13.08 | 7.68 | 10.95 | 13.39 | 13.60 |
Performance Differential (NAV - Index) | -0.04 | -0.11 | -0.46 | -0.46 | -0.51 | -0.55 | -0.56 | -0.56 |
S&P 500 Index | -5.76 | 7.56 | -18.11 | -18.11 | 7.66 | 9.42 | 12.56 | 12.29 |
Top 10 Holdings (%) as of 01/31/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Boeing Co/The |
BA US
|
1,010,813
|
215,303,169 | 3.00 |
Mercadolibre Inc |
MELI US
|
179,538
|
212,158,259 | 2.96 |
Salesforce.Com Inc |
CRM US
|
1,158,664
|
194,620,792 | 2.71 |
Adobe Inc |
ADBE US
|
517,308
|
191,579,845 | 2.67 |
Biogen Inc |
BIIB US
|
654,411
|
190,368,160 | 2.65 |
Etsy Inc |
ETSY US
|
1,378,935
|
189,713,877 | 2.64 |
Equifax Inc |
EFX US
|
848,573
|
188,552,921 | 2.63 |
Meta Platforms Inc |
META US
|
1,258,161
|
187,428,244 | 2.61 |
Lam Research Corp |
LRCX US
|
374,437
|
187,255,944 | 2.61 |
Teradyne Inc |
TER US
|
1,836,449
|
186,766,863 | 2.60 |
Top 10 Total (%) | 27.08 |
Country Weightings (%)
as of 01/31/23
Country | % of Net Assets |
---|---|
● United States | 96.98 |
● Argentina | 2.96 |
● Other/Cash | 0.06 |
Sector Weightings (%)
as of 01/31/23
Sector | % of Net Assets |
---|---|
● Information Technology | 32.61 |
● Industrials | 17.73 |
● Financials | 11.65 |
● Health Care | 10.93 |
● Consumer Discretionary | 10.24 |
● Communication Services | 9.85 |
● Materials | 4.62 |
● Utilities | 1.25 |
● Consumer Staples | 1.05 |
● Other/Cash | 0.06 |