MOTGVanEck 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 02/07/23
-
30-Day SEC Yield1
1.86% -
Total Net Assets
$17.2M -
Number of Holdings
69 -
Options
No -
Gross Expense Ratio2
0.96% -
Net Expense Ratio/TER2
0.52% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- 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
500,000 -
Estimated Cash
MOTGEU -
Total Cash
MOTGTC -
CUSIP
92189F122
Fees and Expenses2
-
Management Fee
0.45% -
Other Expenses
0.51% -
Gross Expense Ratio
0.96% -
Fee Waivers and
-0.44%
Expense Reimbursement -
Net Expense Ratio/TER2
0.52%
2 Expenses for MOTG are capped contractually at 0.52% until February 1, 2024. 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
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
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) | 7.10 | 13.66 | 7.10 | -3.27 | 7.97 | -- | -- | 11.34 |
MOTG (Share Price) | 7.22 | 13.97 | 7.22 | -3.21 | 7.95 | -- | -- | 11.39 |
MSGWMFNU (Index)** | 6.81 | 13.49 | 6.81 | -2.98 | 8.08 | 8.02 | 10.52 | 11.58 |
Performance Differential (NAV - Index) | 0.29 | 0.17 | 0.29 | -0.29 | -0.11 | -- | -- | -0.24 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
MOTG (NAV) | -2.99 | 13.78 | -11.34 | -11.34 | 5.68 | -- | -- | 9.76 |
MOTG (Share Price) | -3.11 | 14.05 | -11.36 | -11.36 | 5.62 | -- | -- | 9.78 |
MSGWMFNU (Index)** | -2.50 | 13.75 | -11.05 | -11.05 | 5.94 | 7.80 | 10.46 | 10.07 |
Performance Differential (NAV - Index) | -0.49 | 0.03 | -0.29 | -0.29 | -0.26 | -- | -- | -0.31 |
Top 10 Holdings (%) as of 01/31/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Safran Sa |
SAF FP
|
2,876
|
413,137 | 2.40 |
Airbus Se |
AIR FP
|
3,118
|
390,495 | 2.27 |
Blackbaud Inc |
BLKB US
|
6,219
|
386,884 | 2.25 |
Yum China Holdings Inc |
YUMC US
|
6,059
|
373,295 | 2.17 |
Taiwan Semiconductor Manufacturing Co L |
2330 TT
|
21,000
|
370,582 | 2.16 |
State Street Corp |
STT US
|
4,028
|
367,877 | 2.14 |
Bayer Ag |
BAYN GR
|
5,838
|
363,018 | 2.11 |
Applied Materials Inc |
AMAT US
|
3,221
|
359,109 | 2.09 |
Blackrock Inc |
BLK US
|
472
|
358,347 | 2.08 |
Anz Group Holdings Ltd |
ANZ AU
|
19,809
|
351,930 | 2.05 |
Top 10 Total (%) | 21.72 |
Country Weightings (%)
as of 01/31/23
Country | % of Net Assets |
---|---|
● United States | 51.37 |
● United Kingdom | 9.49 |
● France | 6.64 |
● China | 6.34 |
● Australia | 5.01 |
● Japan | 3.98 |
● Switzerland | 3.76 |
● Germany | 3.15 |
● Taiwan Region | 2.16 |
● Belgium | 2.05 |
● Canada | 2.00 |
● Brazil | 1.65 |
● Argentina | 1.30 |
● Netherlands | 1.06 |
● Other/Cash | 0.06 |
Sector Weightings (%)
as of 01/31/23
Sector | % of Net Assets |
---|---|
● Financials | 19.20 |
● Information Technology | 19.05 |
● Industrials | 17.99 |
● Consumer Staples | 17.60 |
● Health Care | 12.78 |
● Consumer Discretionary | 7.22 |
● Communication Services | 3.14 |
● Materials | 1.93 |
● Utilities | 1.04 |
● Other/Cash | 0.06 |