Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

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 09/30/14

    • 30-Day SEC Yield1

      1.32%
    • Total Net Assets

      $853.6M
    • 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 08/31/14

    Total Constituents: 20
    Constituent Name
    Ticker
    Weightings (%)
    Amgen Inc
    AMGN US
    5.73
    Ebay Inc
    EBAY US
    5.46
    Bank Of New York Mellon Corp
    BK US
    5.30
    Western Union Co
    WU US
    5.15
    Berkshire Hathaway Inc-Cl B
    BRK/B US
    5.11
    Eaton Vance Corp
    EV US
    5.08
    Blackrock Inc
    BLK US
    5.08
    Intl Business Machines Corp
    IBM US
    5.07
    Costco Wholesale Corp
    COST US
    5.01
    Procter & Gamble Co/The
    PG US
    4.99
    Top 10 Total (%)51.98
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%)
    as of 08/31/14

    • Country

      Weightings (%)
    • U.S.

      95.3
    • NETHERLANDS

      4.7
  • Index Sector Weightings (%)
    as of 08/31/14

    • Sector

      Weightings (%)
    • Financials

      30.2
    • Information Technology

      20.4
    • Consumer Staples

      19.7
    • Health Care

      15.6
    • Consumer Discretionary

      4.9
    • Energy

      4.7
    • Utilities

      4.4
    • OTHERS

      0.0