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MOAT Market Vectors Morningstar Wide Moat ETF

  • Fund Description

    Market Vectors® 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 the 20 most attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

  •  
      

    • Fund Ticker

      MOAT
    • Exchange

      NYSE Arca
    • Commencement

      04/24/2012
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MWMFTR
    • Index Rebalancing

      Quarterly
  •  
    as of 02/05/16

    • 30-Day SEC Yield1

      2.15%
    • Total Net Assets

      $634.0M
    • Number of Holdings

      21
    • Options

      Available
    • Gross Expense Ratio2

      0.50%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • Key Points

    Moat = Sustainable Competitive Advantage
    Morningstar equity analysts use a time-tested proprietary process to determine if a company has an economic moat
    Index Favors Undervalued Stocks
    Of the broad equity universe analyzed by Morningstar, currently about 10% receive a wide moat categorization; the 20 stocks with the most attractive valuations5 are selected for its Index
    Proven Index Track Record6
    Index has generated significant excess returns relative to the overall market since inception (2/07)
  • Trading Information

    • Fund Ticker

      MOAT
    • Index Total Return Ticker

      MWMFTR
    • NAV

      MOATNV
    • Intraday NAV (IIV)4

      MOATIV
    • Shares Outstanding

      22,900,000
    • Estimated Cash

      MOATEU
    • Total Cash

      MOATTC
    • CUSIP

      57060U134
    • ISIN

      US57060U1346
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.45%
    • Other Expenses

      0.05%
    • Gross Expense Ratio

      0.50%
    • Fee Waivers and
      Expense Reimbursement

      -0.01%
    • Net Expense Ratio/TER2

      0.49%
    2 Expenses for MOAT are capped contractually at 0.49% until at least February 1, 2017. Cap excludes certain expenses, such as interest.
  • Prices as of 02/05/16

    NAV/
    Last 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
    NAV
    Chart
    MOAT $27.68
    $27.67
    129,846
    58,116
    $-0.31 / -1.10%
    $-0.31 / -1.11%
    -4.3%
    -4.3%
    $-0.01
    -0.05%
  • View All Indices » View All ETFs » 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) -4.91 -6.88 -4.91 -3.12 7.24 -- -- 9.99
    MOAT (Share Price) -4.98 -6.88 -4.98 -3.22 7.15 -- -- 9.96
    MWMFTR (Index) -4.90 -6.69 -4.90 -2.55 7.78 10.67 -- 10.53
    Performance Differential (NAV - Index) -0.01 -0.19 -0.01 -0.57 -0.54 -- -- -0.54
    Quarter End as of 12/31/15
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    04/24/12
    MOAT (NAV) -3.70 5.64 -4.90 -4.90 10.78 -- -- 11.75
    MOAT (Share Price) -3.79 5.72 -5.00 -5.00 10.73 -- -- 11.74
    MWMFTR (Index) -3.57 5.89 -4.28 -4.28 11.34 12.87 -- 12.31
    Performance Differential (NAV - Index) -0.13 -0.25 -0.62 -0.62 -0.56 -- -- -0.56
  • Daily Holdings »Top 10 Holdings (%)  as of 01/31/16

    Total Holdings: 21
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Spectra Energy Corp
    SE US
    1,413,422
    38,798,4346.04
    Wal-Mart Stores Inc
    WMT US
    572,257
    37,974,9755.91
    Time Warner Inc
    TWX US
    495,424
    34,897,6675.44
    Vf Corp
    VFC US
    539,240
    33,756,4245.26
    Berkshire Hathaway Inc
    BRK/B US
    256,910
    33,339,2115.19
    Varian Medical Systems Inc
    VAR US
    429,353
    33,115,9975.16
    Emerson Electric Co
    EMR US
    717,805
    33,004,6745.14
    Biogen Idec Inc
    BIIB US
    118,892
    32,464,6505.06
    Twenty-First Century Fox Inc.
    FOXA US
    1,202,463
    32,430,4275.05
    Western Union Co/The
    WU US
    1,793,183
    31,990,3854.98
    Top 10 Total (%)53.23
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 01/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      100.13
    • Other/Cash

      -0.13
  • Sector Weightings (%) as of 01/31/16

    • Sector

      % of Net Assets
    • Industrials

      24.7
    • Consumer Discretionary

      24.4
    • Information Technology

      14.7
    • Health Care

      10.2
    • Financials

      9.2
    • Energy

      6.0
    • Consumer Staples

      5.9
    • Materials

      4.9
    • Other/Cash

      -0.1