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SMID Moat ETF
VanEck Morningstar US SMID Moat UCITS ETF
Marketing Communication
SMOT
SMID Moat ETF
VanEck Morningstar US SMID Moat UCITS ETF
ISIN:
IE000SBU19F7
Fund Description
VanEck Morningstar SMID Moat UCITS ETF invests in small- and mid-cap companies with sustainable competitive advantages and attractive valuations according to Morningstar's equity research team.
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NAV$24.47
as of 27 Feb 2026 -
YTD RETURNS2.75%
as of 27 Feb 2026 -
Total Net Assets$17.1 million
as of 27 Feb 2026 -
Total Expense Ratio0.49%
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Inception Date12 Jan 2024
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SFDR ClassificationArticle 6
Overview
Fund Description
VanEck Morningstar SMID Moat UCITS ETF invests in small- and mid-cap companies with sustainable competitive advantages and attractive valuations according to Morningstar's equity research team.
- U.S. small- and mid-cap companies with long-term competitive advantages
- Targets companies trading at attractive prices
- Powered by Morningstar’s rigorous and forward-looking equity research
Main Risk Factors: Equity market risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
Morningstar®US Small-Mid Cap Moat Focus Index™ (MSUMMFNU)
Fund Highlights
- U.S. small- and mid-cap companies with long-term competitive advantages
- Targets companies trading at attractive prices
- Powered by Morningstar’s rigorous and forward-looking equity research
Risk Factors: Equity market risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
Morningstar®US Small-Mid Cap Moat Focus Index™ (MSUMMFNU)
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdfPerformance
Holdings
Portfolio
Documents
Publications
Index
Index Description
Morningstar® US Small-Mid Cap Moat Focus Index™ targets small- and mid-cap stocks with durable competitive advantages and attractive valuations, based on the forward-looking insights from Morningstar's equity research team.
Index Key Points
Underlying Index
Morningstar® US Small-Mid Cap Moat Focus IndexTM
Index composition
Companies eligible for inclusion in the Index
- Derived from Morningstar® US Small-Mid Cap IndexSM (Parent Index)
- Assigned an Economic Moat rating of wide by Morningstar’s equity research team
- 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
- 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 contains 75 equally-weighted securities at its semiannual reconstitution and weights varies 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 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 - Sector cap: The greater of 40% or corresponding weight in Parent Index + 10%
- Momentum screen : The Bottom 20% of eligible companies are excluded based on trailing 12-month price return
Index Provider
Morningstar Inc.
Awards
Main Risks
Main Risk Factors of a SMID Moat ETF
The prices of the securities in the Fund are subject to the risks associated with investing in the securities market, including general economic conditions and sudden and unpredictable drops in value. An investment in the Fund may lose money.
The securities of smaller companies may be more volatile and less liquid than the securities of large companies. Smaller companies, when compared with larger companies, may have a shorter history of operations, fewer financial resources, less competitive strength, may have a less diversified product line, may be more susceptible to market pressure and may have a smaller market for their securities.