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MOTI
VanEck Vectors Morningstar International Moat ETF

Fund Description

VanEck Vectors Morningstar International Moat ETF (MOTI®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global ex-US Moat Focus IndexSM (MGEUMFUN), which is intended to track the overall performance of attractively priced wide and narrow moat rated companies outside the U.S. with sustainable competitive advantages according to Morningstar's equity research team.

 
 

  • Fund Ticker

    MOTI
  • Exchange

    Cboe
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MGEUMFUN
  • Index Reconstitution

    Semi-Annually, Staggered quarterly

 
as of 09/23/20

  • 30-Day SEC Yield1

    2.42%
  • Total Net Assets

    $50.8M
  • Number of Holdings

    68
  • Options

    Expected
  • Gross Expense Ratio2

    0.67%
  • Net Expense Ratio/TER2

    0.57%
  • Distribution Frequency

    Annual

Index Key Points

Underlying Index:

Morningstar® Global ex-US Moat Focus IndexSM

The Index Composition:

The Index contains at least 50 attractively priced U.S. companies outside of the U.S. with sustainable competitive advantages according to Morningstar's equity research team.

Companies eligible for inclusion in the Index:

  • Derived from Morningstar® Global Markets ex-US IndexSM (Parent Index)
  • Assigned an Economic Moat rating of wide or narrow by Morningstar’s equity research team
  • Assigned a fair value estimate by Morningstar's equity research team

Methodology Highlights:

  • Momentum screen: securities in the bottom 20% as ranked by 12-month price change at the time of review are excluded
  • Staggered reconstitution
    • Index is divided into two equally-weighted sub-portfolios, and each is reconstituted and rebalanced semi-annually on alternating quarters.
    • Each sub-portfolio will contain 50 equally-weighted securities at its semi-annual reconstitution and weights will vary with market prices until the next reconstitution date.
    • Each sub-portfolio is reweighted to 50% of the total index every six months.
  • Buffer rule
    • At each quarterly review, current index constituents ranked within the top 150% of the eligible universe based on current market price/fair value ratio are given preference for inclusion
    • From among the remaining eligible securities, those with the lowest current market price/fair value ratios are included in the index
  • Sector/country cap: The greater of 40% or corresponding weight in Parent Index + 10%

Index provider:

Morningstar, Inc.

Index Profile

  • Ticker

    MGEUMFUN
  • Inception Date

    03/25/2015
  • Rebalance Frequency

    Semi-Annually, Staggered quarterly

Index Top 10 Constituents (%) as of 08/31/20 Download All Index Constituents

Total Constituents: 74
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full data
Constituent Name
Ticker
Weightings (%)
Kion Group Ag
KGX GR
3.01
Elekta Ab-B Shs
EKTAB SS
2.68
Nidec Corp
6594 JP
2.61
Smiths Group Plc
SMIN LN
2.35
Sjm Holdings Ltd
880 HK
2.29
Julius Baer Group Ltd
BAER VX
2.26
Swedbank Ab - A Shares
SWEDA SS
2.24
Credit Suisse Group Ag-Reg
CSGN VX
2.13
Lafargeholcim Ltd-Reg
LHN SW
2.11
Calbee Inc
2229 JP
2.07
Top 10 Total (%) 23.75
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 08/31/20

  • Country

    Weightings (%)
  • China

    13.8
  • Japan

    13.6
  • Germany

    13.4
  • Switzerland

    12.5
  • Hong Kong

    8.5
  • United Kingdom

    8.1
  • France

    6.2
  • Sweden

    4.9
  • Singapore

    3.3
  • Canada

    3.2
  • Australia

    2.3
  • Italy

    1.9
  • Spain

    1.6
  • Mexico

    1.6
  • South Korea

    1.1
  • Denmark

    1.1
  • United States

    1.0
  • Netherlands

    1.0
  • Macau

    0.9

Index Sector Weightings (%) as of 08/31/20

  • Sector

    Weightings (%)
  • Industrials

    18.6
  • Financials

    18.0
  • Consumer Discretionary

    16.2
  • Health Care

    12.3
  • Communication Services

    11.8
  • Consumer Staples

    9.1
  • Real Estate

    4.3
  • Information Technology

    3.9
  • Materials

    2.1
  • Energy

    2.1
  • Utilities

    1.5