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    The Difference is Morningstar

    Moat Investing Philosophy

    The moat philosophy aims to identify companies with structural competitive advantages that are more likely to earn above-average returns on capital over a long period of time, according to Morningstar's equity research team. 

    Morningstar believes these moat-rated companies demonstrate a sustainable competitive edge. 


     

    Sustainable Competitive Advantages...

    Two ETFs focus on moat investing: Market Vectors® Morningstar® Wide Moat ETF (MOAT®) offers investors domestic exposure to Morningstar’s proprietary equity research, and Market Vectors® Morningstar International Moat ETF (MOTI) offers international exposure.  

    Learn more about Morningstar's Moat Rating »

     

    ...at Attractive Valuations

    Morningstar’s proprietary valuation methodology is used in an effort to select undervalued moat-rated stocks for inclusion in the Morningstar suite of moat indexes.

    Learn more about Morningstar’s Valuation Framework »

     

    A History of Outperformance

    The Morningstar® Wide Moat Focus IndexSM and Morningstar® Global ex-US Moat Focus IndexSM have outperformed their respective broad markets historically.



    Fund

    MOAT

    Market Vectors Morningstar Wide Moat ETF

     

    MOTI

    Market Vectors Morningstar International Moat ETF

     
    Exposure Type Domestic Exposure International Exposure
    Ticker MOAT®   MOTI
    Underlying Index Morningstar® Wide Moat Focus IndexSM (MWMFTR) Morningstar® Global ex-US Moat Focus IndexSM (MGEUMFUN)
    Inception Date 4/24/2012 7/13/2015
    Gross Expenses 0.51% 0.64%
    Net Expenses 0.49%1   0.56%2  
      MWMFTR Index Reconstitution Report 9/18/15   MGEUMFUN Index Reconstitution Report 9/18/15  
      Learn more »   Learn more »  
     

    Moat Investor Monthly Blogs

    Receive these monthly blog posts on Morningstar moat philosophy and its impact on MOAT and MOTI.

    Read Moat Investor Monthly Blogs »

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    Conference Call

    January 6: Moat Investor Update
     

    Details  



    VIDEOS