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MOTI
VanEck Morningstar International Moat ETF

Fund Description

VanEck Morningstar International Moat ETF (MOTI®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global ex-US Moat Focus IndexSM (MGEUMFUN), which is intended to track the overall performance of attractively priced wide and narrow moat rated companies outside the U.S. with sustainable competitive advantages according to Morningstar's equity research team.

 
 

  • Fund Ticker

    MOTI
  • Exchange

    Cboe
  • Inception Date

    07/13/2015
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MGEUMFUN
  • Index Reconstitution

    Semi-Annually, Staggered quarterly

 
as of 09/23/22

  • 30-Day SEC Yield1

    2.69%
  • Total Net Assets

    $68.2M
  • Number of Holdings

    73
  • Options

    No
  • Gross Expense Ratio2

    0.76%
  • Net Expense Ratio/TER2

    0.57%
  • 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 5 Year
Foreign Large Value
3 stars of 316 funds
3 stars of 316 funds
3 stars of 294 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

  • Moat Companies
    A focus on international 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

    MOTI
  • Index Total Return Ticker

    MGEUMFUN
  • NAV

    MOTINV
  • Intraday NAV (IIV)4

    MOTIIV
  • Shares Outstanding

    2,650,000
  • Estimated Cash

    MOTIEU
  • Total Cash

    MOTITC
  • CUSIP

    92189F593
  • ISIN

    US92189F5935
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    0.26%
  • Gross Expense Ratio

    0.76%
  • Fee Waivers and
    Expense Reimbursement

    -0.19%
  • Net Expense Ratio/TER2

    0.57%

2Expenses for MOTI are capped contractually at 0.56% 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
MOTI $25.73
$25.71
3,898
11,612
$-0.85 / -3.21%
$-0.92 / -3.45%
-20.02%
-19.93%
$-0.02
-0.08%
0.50%

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 196 55 29 33 15
MOTI Days closed at NAV 8 2 4 1 4
Days closed at a discount 48 7 31 28 43

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/13/15
MOTI (NAV) -4.60 -10.20 -12.73 -14.35 1.80 -0.41 -- 2.12
MOTI (Share Price) -4.66 -10.29 -12.69 -14.41 1.79 -0.51 -- 2.09
MGEUMFUN (Index) -3.76 -9.79 -12.10 -13.40 2.53 0.27 -- 2.83
Performance Differential (NAV - Index) -0.84 -0.41 -0.63 -0.95 -0.73 -0.68 -- -0.71
MSCI ACWI ex USA Index -3.22 -8.51 -18.34 -19.52 2.87 1.67 -- --
S&P 500 Index -4.08 -3.88 -16.14 -11.23 12.39 11.82 13.08 11.36
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/13/15
MOTI (NAV) -7.57 -9.00 -10.17 -15.30 1.18 1.34 -- 2.59
MOTI (Share Price) -7.61 -8.95 -10.08 -15.76 1.20 1.10 -- 2.57
MGEUMFUN (Index) -7.96 -9.78 -10.33 -14.89 1.65 1.84 -- 3.19
Performance Differential (NAV - Index) 0.39 0.78 0.16 -0.41 -0.47 -0.50 -- -0.60
MSCI ACWI ex USA Index -8.60 -13.73 -18.42 -19.42 1.35 2.50 -- --
S&P 500 Index -8.25 -16.10 -19.96 -10.62 10.60 11.31 12.96 10.91

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

Total Holdings: 77
Swipe
to view
full data
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Nice Ltd
NICE IT
8,153
1,744,525 2.34
Imperial Brands Plc
IMB LN
77,832
1,714,467 2.30
Brp Inc
DOO CN
24,538
1,706,755 2.29
Sodexo Sa
SW FP
21,982
1,682,183 2.26
Kt Corp
030200 KS
59,606
1,651,880 2.22
Hsbc Holdings Plc
HSBA LN
262,284
1,609,600 2.16
Sinopharm Group Co Ltd
1099 HK
718,800
1,601,307 2.15
Meiji Holdings Co Ltd
2269 JP
33,100
1,580,259 2.12
Swire Properties Ltd
1972 HK
659,600
1,520,165 2.04
Netease Inc
9999 HK
85,000
1,517,849 2.04
Top 10 Total (%) 21.95
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
  • China

    21.40
  • United Kingdom

    16.48
  • Germany

    8.01
  • Japan

    8.01
  • France

    6.96
  • Australia

    4.58
  • Netherlands

    4.52
  • South Korea

    4.04
  • Taiwan Region

    3.40
  • Switzerland

    3.07
  • Canada

    2.80
  • Mexico

    2.40
  • Israel

    2.34
  • United States

    2.29
  • Singapore

    2.19
  • Belgium

    1.91
  • Spain

    1.85
  • Denmark

    1.83
  • Italy

    0.98
  • Sweden

    0.94
  • Other/Cash

    0.01

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

  • Sector

    % of Net Assets
  • Financials

    22.5
  • Information Technology

    16.4
  • Consumer Discretionary

    14.1
  • Consumer Staples

    12.8
  • Communication Services

    11.4
  • Health Care

    9.1
  • Industrials

    5.0
  • Materials

    3.5
  • Utilities

    3.1
  • Real Estate

    2.0
  • Other/Cash

    0.0