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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 05/05/15

    • 30-Day SEC Yield1

      2.06%
    • Total Net Assets

      $913.9M
    • Number of Holdings

      21
    • Options

      Expected
    • Gross Expense Ratio2

      0.50%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/18/2015
  • 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 03/31/15

    Total Constituents: 20
    Constituent Name
    Ticker
    Weightings (%)
    Williams Cos Inc
    WMB US
    5.35
    Spectra Energy Corp
    SE US
    5.27
    Amgen Inc
    AMGN US
    5.26
    Express Scripts Inc
    ESRX US
    5.14
    Oneok Inc
    OKE US
    5.09
    Merck & Co. Inc.
    MRK US
    5.09
    Schlumberger Ltd
    SLB US
    5.08
    Intl Business Machines Corp
    IBM US
    5.07
    Vf Corp
    VFC US
    5.05
    Baxter International Inc
    BAX US
    5.01
    Top 10 Total (%)51.41
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 03/31/15

    • Country

      Weightings (%)
    • U.S.

      100.0
  • Index Sector Weightings (%) as of 03/31/15

    • Sector

      Weightings (%)
    • Energy

      30.5
    • Health Care

      25.5
    • Consumer Discretionary

      19.3
    • Industrials

      14.9
    • Information Technology

      5.1
    • Consumer Staples

      4.8
    • OTHERS

      0.0