MOTIVanEck 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 06/01/23
-
30-Day SEC Yield1
2.46 -
Total Net Assets
$222.4M -
Number of Holdings
81 -
Options
No -
Gross Expense Ratio2
0.67% -
Net Expense Ratio/TER2
0.58% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- 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
7,250,000 -
Estimated Cash
MOTIEU -
Total Cash
MOTITC -
CUSIP
92189F593 -
ISIN
US92189F5935
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.17% -
Gross Expense Ratio
0.67% -
Fee Waivers and
-0.09%
Expense Reimbursement -
Net Expense Ratio/TER2
0.58%
2 Expenses for MOTI are capped contractually at 0.56% 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 07/13/15 |
|
---|---|---|---|---|---|---|---|---|
MOTI (NAV) | -0.31 | -0.62 | 10.07 | 8.30 | 9.65 | 1.99 | -- | 3.98 |
MOTI (Share Price) | -0.67 | -1.47 | 9.74 | 8.68 | 9.83 | 1.95 | -- | 3.98 |
MGEUMFUN (Index) | -0.38 | -0.55 | 9.44 | 7.34 | 10.02 | 2.40 | -- | 4.59 |
Performance Differential (NAV - Index) | 0.07 | -0.07 | 0.63 | 0.96 | -0.37 | -0.41 | -- | -0.61 |
MSCI ACWI ex USA Index | 1.74 | 0.57 | 8.72 | 3.05 | 9.74 | 2.50 | -- | -- |
S&P 500 Index | 1.56 | 2.72 | 9.17 | 2.66 | 14.52 | 11.45 | 12.20 | 11.25 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 07/13/15 |
|
---|---|---|---|---|---|---|---|---|
MOTI (NAV) | 1.98 | 10.41 | 10.41 | 3.56 | 13.04 | 2.12 | -- | 4.07 |
MOTI (Share Price) | 2.17 | 10.48 | 10.48 | 4.14 | 12.80 | 2.15 | -- | 4.12 |
MGEUMFUN (Index) | 1.79 | 9.85 | 9.85 | 3.24 | 13.17 | 2.71 | -- | 4.69 |
Performance Differential (NAV - Index) | 0.19 | 0.56 | 0.56 | 0.32 | -0.13 | -0.59 | -- | -0.62 |
MSCI ACWI ex USA Index | 2.44 | 6.87 | 6.87 | -5.07 | 11.80 | 2.47 | -- | -- |
S&P 500 Index | 3.67 | 7.50 | 7.50 | -7.73 | 18.60 | 11.19 | 12.24 | 11.16 |
Top 10 Holdings (%) as of 04/30/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Sinopharm Group Co Ltd |
1099 HK
|
1,552,000
|
5,497,439 | 2.46 |
Accor Sa |
AC FP
|
147,793
|
5,253,258 | 2.35 |
Bayerische Motoren Werke Ag |
BMW GR
|
44,254
|
4,969,634 | 2.22 |
Agl Energy Ltd |
AGL AU
|
892,661
|
4,907,775 | 2.19 |
Airbus Se |
AIR FP
|
34,569
|
4,850,083 | 2.17 |
Fresenius Se & Co Kgaa |
FRE GR
|
162,115
|
4,706,065 | 2.10 |
Anheuser-Busch Inbev Sa/Nv |
ABI BB
|
71,459
|
4,655,076 | 2.08 |
Hsbc Holdings Plc |
HSBA LN
|
637,032
|
4,591,858 | 2.05 |
Dufry Ag |
DUFN SW
|
98,895
|
4,591,360 | 2.05 |
Wpp Plc |
WPP LN
|
393,235
|
4,583,472 | 2.05 |
Top 10 Total (%) | 21.72 |
Country Weightings (%)
as of 04/30/23
Country | % of Net Assets |
---|---|
● China | 28.13 |
● United Kingdom | 15.44 |
● Germany | 9.55 |
● France | 8.37 |
● Netherlands | 6.87 |
● Japan | 4.85 |
● South Korea | 4.61 |
● Australia | 4.32 |
● Switzerland | 2.96 |
● Taiwan Region | 2.92 |
● Belgium | 2.08 |
● Denmark | 2.03 |
● Singapore | 1.82 |
● Spain | 1.13 |
● Sweden | 1.07 |
● Brazil | 1.06 |
● Israel | 0.97 |
● Luxembourg | 0.94 |
● United States | 0.91 |
● Other/Cash | -0.01 |
Sector Weightings (%)
as of 04/30/23
Sector | % of Net Assets |
---|---|
● Health Care | 15.59 |
● Consumer Discretionary | 15.11 |
● Information Technology | 14.69 |
● Communication Services | 12.18 |
● Financials | 11.62 |
● Consumer Staples | 9.83 |
● Industrials | 6.88 |
● Utilities | 6.06 |
● Materials | 4.21 |
● Real Estate | 3.86 |
● Other/Cash | -0.01 |