MOAT
VanEck Morningstar Wide Moat ETF
MOAT
VanEck Morningstar Wide Moat ETF
-
NAV
$77.29
as of June 08, 2023 -
YTD RETURNS
18.98%
as of June 08, 2023 -
Total Net Assets
$8.91B
as of June 08, 2023 -
Gross Expense Ratio
0.46% -
Net Expense Ratio
0.46% -
Inception Date
04/24/2012
Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses) from exceeding 0.49% of the Fund's average daily net assets per year until at least February 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation.
Fund Description
VanEck Morningstar Wide Moat ETF (MOAT®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM (MWMFTR), which is intended to track the overall performance of attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.
Overview
Fund Highlights
- Wide Moat Companies
A focus on U.S. 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
Decade of Dominance: The ETF that Quietly Beats the S&P 500