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MOTG
VanEck Morningstar Global Wide Moat ETF

Fund Description

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

 
 

  • Fund Ticker

    MOTG
  • Exchange

    Cboe
  • Inception Date

    10/30/2018
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MSGWMFNU
  • Index Reconstitution

    Semi-Annually, Staggered Quarterly

 
as of 09/23/22

  • 30-Day SEC Yield1

    1.87%
  • Total Net Assets

    $17.9M
  • Number of Holdings

    70
  • Options

    No
  • Gross Expense Ratio2

    1.20%
  • Net Expense Ratio/TER2

    0.52%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors
Click here to read the Recommended Insights - Blog: Moat Stock Selection Drowns Out Factors

Morningstar™ Ratings3
as of 08/31/2022

Category Overall 3 Year
Global Large-Stock Blend
4 stars of 303 funds
4 stars of 303 funds

Morningstar Ratings: When applicable, ratings shown when the ETF is rated three stars or more for any given period. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.

© Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Key Points

  • Wide Moat Companies
    A focus on global companies Morningstar believes possess sustainable competitive advantages, or “moats”

  • Focus on Valuations
    Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value

  • Morningstar’s Equity Research
    Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally

Trading Information

  • Fund Ticker

    MOTG
  • Index Total Return Ticker

    MSGWMFNU
  • NAV

    MOTGNV
  • Intraday NAV (IIV)4

    MOTGIV
  • Shares Outstanding

    600,000
  • Estimated Cash

    MOTGEU
  • Total Cash

    MOTGTC
  • CUSIP

    92189F122
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.45%
  • Other Expenses

    0.75%
  • Gross Expense Ratio

    1.20%
  • Fee Waivers and
    Expense Reimbursement

    -0.68%
  • Net Expense Ratio/TER2

    0.52%

2Expenses for MOTG are capped contractually at 0.52% until February 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.

Investment Professionals

  • 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
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 09/23/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
MOTG $29.84
$29.78
1,551
724
$-0.58 / -1.90%
$-0.67 / -2.22%
-20.48%
-20.73%
$-0.06
-0.20%
0.18%

Premium/Discount History as of 09/23/22

Calendar Year 2021 3Q 2021 4Q 2021 1Q 2022 2Q 2022 Premium/Discount Charts NAV & Prem/Discount History
Days closed at a premium 244 64 58 43 22
MOTG Days closed at NAV 3 0 2 2 7
Days closed at a discount 5 0 4 17 33

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
MOTG (NAV) -5.20 -6.32 -13.43 -14.60 8.54 -- -- 9.97
MOTG (Share Price) -5.42 -6.17 -13.45 -14.74 8.48 -- -- 9.99
MSGWMFNU (Index)** -4.95 -6.17 -13.23 -14.21 8.83 8.55 10.72 10.28
Performance Differential (NAV - Index) -0.25 -0.15 -0.20 -0.39 -0.29 -- -- -0.31
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
10/30/18
MOTG (NAV) -7.61 -12.28 -14.62 -13.21 8.02 -- -- 10.04
MOTG (Share Price) -7.34 -11.97 -14.53 -13.20 8.03 -- -- 10.10
MSGWMFNU (Index)** -7.73 -12.53 -14.68 -12.96 8.22 8.71 11.00 10.28
Performance Differential (NAV - Index) 0.12 0.25 0.06 -0.25 -0.20 -- -- -0.24

Top 10 Holdings (%) as of 08/31/22 Daily Holdings

Total Holdings: 71
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Kellogg Co
K US
6,679
485,830 2.49
Constellation Brands Inc
STZ US
1,835
451,502 2.32
Gilead Sciences Inc
GILD US
7,087
449,812 2.31
Polaris Inc
PII US
3,944
446,737 2.29
Ambev Sa
ABEV3 BZ
150,700
444,159 2.28
Imperial Brands Plc
IMB LN
19,665
433,177 2.22
Blackrock Inc
BLK US
623
415,161 2.13
Tyler Technologies Inc
TYL US
1,083
402,345 2.06
British American Tobacco Plc
BATS LN
9,986
400,621 2.06
Wells Fargo & Co
WFC US
9,070
396,450 2.03
Top 10 Total (%) 22.19
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 08/31/22

  • Country

    % of Net Assets
  • United States

    61.85
  • United Kingdom

    9.52
  • Australia

    4.36
  • Switzerland

    4.05
  • France

    3.67
  • China

    3.02
  • Brazil

    2.28
  • Japan

    2.22
  • Canada

    1.86
  • Germany

    1.86
  • Taiwan Region

    1.85
  • Netherlands

    1.73
  • Belgium

    0.91
  • Sweden

    0.82
  • Other/Cash

    0.00

Sector Weightings (%) as of 08/31/22

  • Sector

    % of Net Assets
  • Information Technology

    24.2
  • Consumer Staples

    17.7
  • Financials

    17.3
  • Industrials

    16.7
  • Health Care

    12.0
  • Consumer Discretionary

    6.6
  • Communication Services

    2.8
  • Materials

    2.8
  • Other/Cash

    0.0