MOATVanEck Morningstar Wide Moat ETF
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.
-
Fund Ticker
MOAT -
Exchange
Cboe -
Inception Date
04/24/2012 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MWMFTR -
Index Reconstitution
Semi-Annually, Staggered quarterly
as of 02/02/23
-
30-Day SEC Yield1
0.77% -
Total Net Assets
$7.6B -
Number of Holdings
49 -
Options
Available -
Gross Expense Ratio2
0.46% -
Net Expense Ratio/TER2
0.46% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
SMID Moat Index Starts Strong
Key Documents and Links
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
Trading Information
-
Fund Ticker
MOAT -
Index Total Return Ticker
MWMFTR -
NAV
MOATNV -
Intraday NAV (IIV)4
MOATIV -
Shares Outstanding
99,700,000 -
Estimated Cash
MOATEU -
Total Cash
MOATTC -
CUSIP
92189F643 -
ISIN
US92189F6438
Fees and Expenses2
-
Management Fee
0.45% -
Other Expenses
0.01% -
Gross Expense Ratio
0.46% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.46%
2 Expenses for MOAT are capped contractually at 0.49% 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 04/24/12 |
|
---|---|---|---|---|---|---|---|---|
MOAT (NAV) | -5.51 | 9.67 | -13.54 | -13.54 | 7.17 | 10.40 | 12.83 | 13.04 |
MOAT (Share Price) | -5.57 | 9.55 | -13.65 | -13.65 | 7.16 | 10.37 | 12.81 | 13.03 |
MWMFTR (Index) | -5.47 | 9.78 | -13.08 | -13.08 | 7.68 | 10.95 | 13.39 | 13.60 |
Performance Differential (NAV - Index) | -0.04 | -0.11 | -0.46 | -0.46 | -0.51 | -0.55 | -0.56 | -0.56 |
S&P 500 Index | -5.76 | 7.56 | -18.11 | -18.11 | 7.66 | 9.42 | 12.56 | 12.29 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/12 |
|
---|---|---|---|---|---|---|---|---|
MOAT (NAV) | -5.51 | 9.67 | -13.54 | -13.54 | 7.17 | 10.40 | 12.83 | 13.04 |
MOAT (Share Price) | -5.57 | 9.55 | -13.65 | -13.65 | 7.16 | 10.37 | 12.81 | 13.03 |
MWMFTR (Index) | -5.47 | 9.78 | -13.08 | -13.08 | 7.68 | 10.95 | 13.39 | 13.60 |
Performance Differential (NAV - Index) | -0.04 | -0.11 | -0.46 | -0.46 | -0.51 | -0.55 | -0.56 | -0.56 |
S&P 500 Index | -5.76 | 7.56 | -18.11 | -18.11 | 7.66 | 9.42 | 12.56 | 12.29 |
Top 10 Holdings (%) as of 12/31/22
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Boeing Co/The |
BA US
|
993,917
|
189,331,249 | 3.00 |
Biogen Inc |
BIIB US
|
643,455
|
178,185,559 | 2.82 |
Emerson Electric Co |
EMR US
|
1,827,640
|
175,563,098 | 2.78 |
Adobe Inc |
ADBE US
|
507,669
|
170,845,849 | 2.70 |
Zimmer Biomet Holdings Inc |
ZBH US
|
1,313,637
|
167,488,718 | 2.65 |
Workday Inc |
WDAY US
|
982,155
|
164,343,996 | 2.60 |
Etsy Inc |
ETSY US
|
1,355,868
|
162,405,869 | 2.57 |
Equifax Inc |
EFX US
|
834,383
|
162,170,680 | 2.57 |
Comcast Corp |
CMCSA US
|
4,556,571
|
159,343,288 | 2.52 |
Teradyne Inc |
TER US
|
1,805,743
|
157,731,651 | 2.50 |
Top 10 Total (%) | 26.71 |
Country Weightings (%)
as of 12/31/22
Country | % of Net Assets |
---|---|
● United States | 97.48 |
● Argentina | 2.36 |
● Other/Cash | 0.15 |
Sector Weightings (%)
as of 12/31/22
Sector | % of Net Assets |
---|---|
● Information Technology | 32.39 |
● Industrials | 18.13 |
● Health Care | 11.79 |
● Financials | 11.50 |
● Consumer Discretionary | 9.33 |
● Communication Services | 9.31 |
● Materials | 4.83 |
● Utilities | 1.34 |
● Consumer Staples | 1.22 |
● Other/Cash | 0.15 |