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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 10/31/14

    • 30-Day SEC Yield1

      1.60%
    • Total Net Assets

      $918.0M
    • Number of Holdings

      21
    • Options

      Expected
    • Gross Expense Ratio2

      0.51%
    • Net Expense Ratio/TER2

      0.49%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/19/2014
  • 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 09/30/14

    Total Constituents: 20
    Constituent Name
    Ticker
    Weightings (%)
    Polaris Industries Inc
    PII US
    5.23
    Exelon Corp
    EXC US
    5.22
    Ebay Inc
    EBAY US
    5.22
    Intercontinentalexchange Gro
    ICE US
    5.19
    Lorillard Inc
    LO US
    5.16
    Procter & Gamble Co/The
    PG US
    5.11
    Monsanto Co
    MON US
    5.06
    Sysco Corp
    SYY US
    5.02
    Schlumberger Ltd
    SLB US
    5.01
    Intl Business Machines Corp
    IBM US
    5.01
    Top 10 Total (%)51.23
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%)
    as of 09/30/14

    • Country

      Weightings (%)
    • U.S.

      100.0
  • Index Sector Weightings (%)
    as of 09/30/14

    • Sector

      Weightings (%)
    • Information Technology

      20.0
    • Energy

      19.6
    • Consumer Staples

      15.3
    • Consumer Discretionary

      10.1
    • Industrials

      9.9
    • Health Care

      9.6
    • Utilities

      5.2
    • Financials

      5.2
    • Materials

      5.1