MOTEVanEck Morningstar ESG Moat ETF
Fund Description
VanEck Morningstar ESG Moat ETF (MOTE) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Sustainability Moat Focus IndexSM (MSUSSMGU). The index is a rules-based index intended to offer exposure to attractively priced U.S. companies with long-term competitive advantages, according to Morningstar, that have been screened for ESG risks.
-
Fund Ticker
MOTE -
Exchange
Cboe -
Inception Date
10/05/2021 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MSUSSMGU -
Index Reconstitution
Annually, Staggered Semi-Annually
as of 06/24/22
-
30-Day SEC Yield1
1.22% -
Total Net Assets
$2.2M -
Number of Holdings
61 -
Options
No -
Gross Expense Ratio2
0.55% -
Net Expense Ratio/TER2
0.49% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- Sustainable Investment
A portfolio of U.S. companies screened for ESG risks
- Wide Moat Companies
A focus on companies that Morningstar believes possess long-term competitive advantages
- Focus on Valuations
Index targets companies trading at attractive valuations relative to Morningstar's estimate of fair value
Trading Information
-
Fund Ticker
MOTE -
Index Total Return Ticker
MSUSSMGU -
NAV
MOTENV -
Intraday NAV (IIV)4
MOTEIV -
Shares Outstanding
100,000 -
Estimated Cash
MOTEEU -
Total Cash
MOTETC -
CUSIP
92189Y105 -
ISIN
US92189Y1055
Fees and Expenses2
-
Management Fee
0.45% -
Other Expenses
0.10% -
Gross Expense Ratio
0.55% -
Fee Waivers and
-0.06%
Expense Reimbursement -
Net Expense Ratio/TER2
0.49%
2Expenses for MOTE are capped contractually at 0.49% until February 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
$0.67
/
+3.11%
Performance History: Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/05/21 |
|
|---|---|---|---|---|---|---|---|---|
| MOTE (NAV) | 1.43 | -5.42 | -15.27 | -- | -- | -- | -- | -8.16 |
| MOTE (Share Price) | 1.54 | -5.32 | -15.28 | -- | -- | -- | -- | -8.14 |
| MSUSSMGU (Index) | 1.50 | -5.28 | -15.08 | -5.30 | -- | -- | -- | -7.88 |
| Performance Differential (NAV - Index) | -0.07 | -0.14 | -0.19 | -- | -- | -- | -- | -0.28 |
| S&P 500 Index | 0.18 | -5.16 | -12.76 | -0.30 | 16.44 | 13.38 | 14.40 | -4.01 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/05/21 |
|
|---|---|---|---|---|---|---|---|---|
| MOTE (NAV) | 1.56 | -9.01 | -9.01 | -- | -- | -- | -- | -1.38 |
| MOTE (Share Price) | 1.85 | -8.85 | -8.85 | -- | -- | -- | -- | -1.17 |
| MSUSSMGU (Index) | 1.62 | -8.90 | -8.90 | 7.16 | -- | -- | -- | -1.18 |
| Performance Differential (NAV - Index) | -0.06 | -0.11 | -0.11 | -- | -- | -- | -- | -0.20 |
| S&P 500 Index | 3.71 | -4.60 | -4.60 | 15.65 | 18.92 | 15.99 | 14.64 | 4.97 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
| Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
|---|---|---|---|---|
| Ch Robinson Worldwide Inc |
CHRW US |
856 |
92,885 | 3.24 |
| Constellation Brands Inc |
STZ US |
363 |
89,106 | 3.10 |
| Mondelez International Inc |
MDLZ US |
1,355 |
86,124 | 3.00 |
| Kla Corp |
KLAC US |
233 |
85,010 | 2.96 |
| Yum! Brands Inc |
YUM US |
674 |
81,871 | 2.85 |
| John Wiley & Sons Inc |
WLY US |
1,461 |
77,375 | 2.70 |
| Microsoft Corp |
MSFT US |
283 |
76,939 | 2.68 |
| Bank Of New York Mellon Corp/The |
BK US |
1,590 |
74,110 | 2.58 |
| Polaris Inc |
PII US |
690 |
73,520 | 2.56 |
| Alphabet Inc |
GOOGL US |
31 |
70,532 | 2.46 |
| Top 10 Total (%) | 28.13 | |||
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
United States
99.93 -
■
Other/Cash
0.07
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Information Technology
30.6 -
■
Consumer Staples
14.1 -
■
Financials
13.4 -
■
Consumer Discretionary
11.6 -
■
Health Care
9.3 -
■
Communication Services
8.5 -
■
Industrials
8.0 -
■
Materials
2.4 -
■
Energy
1.9 -
■
Other/Cash
0.1