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MOAT
VanEck Vectors Morningstar Wide Moat ETF

Latest Market Updates*

  • FAANG (Facebook, Apple, Amazon, Netflix, and Google) stocks have accounted for an outsized portion of U.S. market returns in recent years. However, the Morningstar® Wide Moat Focus IndexSM(MWMFTR or “the Index”), has outperformed the S&P 500 Index through July 31, 2020 in many trailing periods including the 2-, 3-, and 5-year timeframes, despite its underweight to FAANGs.
  • Index reviews during market volatility and sell-offs have, at times historically, benefited the index. Recently, the Index allocated to oversold companies like Boeing (BA) and Constellation Brands (STZ) at the end of March 2020 which have since outperformed the S&P 500, as of July 31, 2020.
  • We believe MOAT’s valuations remain attractive signaling upside potential if the market recognizes the mispricing of the portfolio stocks based on Morningstar’s fair value assessments.

Read more in our latest Moat Investing blog.

Fund Description

VanEck Vectors Morningstar Wide Moat ETF (MOAT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM (MWMFTR), which is intended to track the overall performance of attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

 
 

  • Fund Ticker

    MOAT
  • Exchange

    Cboe
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MWMFTR
  • Index Reconstitution

    Semi-Annually, Staggered quarterly

 
as of 09/24/20

  • 30-Day SEC Yield1

    1.90%
  • Total Net Assets

    $3.3B
  • Number of Holdings

    48
  • Options

    Available
  • Gross Expense Ratio2

    0.48%
  • Net Expense Ratio/TER2

    0.48%
  • Distribution Frequency

    Annual