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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 04/27/16

    • 30-Day SEC Yield1

      0.76%
    • Total Net Assets

      $716.2M
    • 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
  • Morningstar™ Ratings3
    as of 3/31/16

    Category Overall 3 Year 5 Year
    Large Blend
       
    3 of 1398 Funds
       
    3 of 1398 Funds
    --
  • 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

      21,800,000
    • 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 04/27/16

    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 $32.85
    $32.85
    75,226
    93,830
    $0.20 / +0.62%
    $0.22 / +0.66%
    +13.6%
    +13.6%
    $-0.01
    -0.02%
  • 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) 6.36 6.36 6.36 3.61 11.06 -- -- 12.73
    MOAT (Share Price) 6.29 6.36 6.36 3.62 11.02 -- -- 12.72
    MWMFTR (Index) 6.44 6.51 6.51 4.27 11.66 12.70 -- 13.29
    Performance Differential (NAV - Index) -0.08 -0.15 -0.15 -0.66 -0.60 -- -- -0.56
    Quarter End as of 03/31/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    04/24/12
    MOAT (NAV) 6.36 6.36 6.36 3.61 11.06 -- -- 12.73
    MOAT (Share Price) 6.29 6.36 6.36 3.62 11.02 -- -- 12.72
    MWMFTR (Index) 6.44 6.51 6.51 4.27 11.66 12.70 -- 13.29
    Performance Differential (NAV - Index) -0.08 -0.15 -0.15 -0.66 -0.60 -- -- -0.56
  • Daily Holdings »Top 10 Holdings (%)  as of 03/31/16

    Total Holdings: 21
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Norfolk Southern Corp
    NSC US
    438,105
    36,472,2415.38
    Mastercard Inc
    MA US
    380,666
    35,972,9375.30
    Visa Inc
    V US
    469,531
    35,909,7315.30
    Cbre Group Inc
    CBG US
    1,239,226
    35,714,4935.27
    Amgen Inc
    AMGN US
    235,532
    35,313,3135.21
    Gilead Sciences Inc
    GILD US
    377,849
    34,709,2095.12
    Jones Lang Lasalle Inc
    JLL US
    294,102
    34,504,0475.09
    State Street Corp
    STT US
    582,321
    34,077,4255.02
    Csx Corp
    CSX US
    1,323,224
    34,073,0185.02
    Varian Medical Systems Inc
    VAR US
    425,304
    34,032,8265.02
    Top 10 Total (%)51.73
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 03/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      100.16
    • Other/Cash

      -0.16
  • Sector Weightings (%) as of 03/31/16

    • Sector

      % of Net Assets
    • Health Care

      39.4
    • Financials

      25.2
    • Information Technology

      15.3
    • Industrials

      10.4
    • Consumer Discretionary

      5.0
    • Materials

      4.8
    • Other/Cash

      -0.2