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Morningstar Wide Moat ETF MOAT

  • Full Name: Market Vectors® Morningstar
    Wide Moat ETF (MOAT®)

    Management Style: Replication

    Underlying Index: Morningstar® Wide Moat Focus IndexSM (MWMFTR)

    Index Provider: Morningstar

    Index Description: MWMFTR is a rules-based, equal-weighted index intended to offer exposure to 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 12/19/14

    • 30-Day SEC Yield1

      1.62%
    • Total Net Assets

      $985.1M
    • Number of Holdings

      21
    • Options

      Expected
    • Gross Expense Ratio2

      0.51%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      --
  • Index Key Points

    Underlying Index: Morningstar® Wide Moat Focus IndexSM (MWMFTR) 

    The Index comprises: 

    Twenty of the most undervalued wide-moat stocks, as determined by Morningstar's time-tested proprietary research; according to Morningstar, wide-moat stocks are companies identified as having sustainable competitive advantages

    Companies eligible for inclusion in Index: 

    • Minimum market capitalization of $100 million
    • Meet Morningstar's proprietary liquidity screens
    • Trade on a U.S. stock exchange (excluding ADRs, GDRs)

    Index provider: 

    Morningstar

  • Index Profile

    • Ticker

      MWMFTR
    • Inception Date

      02/14/2007
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsIndex Top 10 Constituents (%)as of 11/30/14

    Total Constituents: 20
    Constituent Name
    Ticker
    Weightings (%)
    Intercontinentalexchange Gro
    ICE US
    5.73
    Express Scripts Holding Co
    ESRX US
    5.41
    Exelon Corp
    EXC US
    5.33
    Expeditors Intl Wash Inc
    EXPD US
    5.31
    Monsanto Co
    MON US
    5.28
    Ebay Inc
    EBAY US
    5.27
    Polaris Industries Inc
    PII US
    5.27
    Procter & Gamble Co/The
    PG US
    5.24
    Lorillard Inc
    LO US
    5.24
    Western Union Co
    WU US
    5.24
    Top 10 Total (%)53.32
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 11/30/14

    • Country

      Weightings (%)
    • U.S.

      100.0
  • Index Sector Weightings (%) as of 11/30/14

    • Sector

      Weightings (%)
    • Information Technology

      19.4
    • Energy

      17.8
    • Consumer Staples

      15.6
    • Industrials

      10.4
    • Consumer Discretionary

      10.2
    • Health Care

      10.2
    • Financials

      5.7
    • Utilities

      5.3
    • Materials

      5.3
    • OTHERS

      0.0