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 06/24/22
-
30-Day SEC Yield1
1.36% -
Total Net Assets
$6.5B -
Number of Holdings
50 -
Options
Available -
Gross Expense Ratio2
0.46% -
Net Expense Ratio/TER2
0.46% -
Distribution Frequency
Annual -
Next Distribution Date
12/16/2022
Key Points
- 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
97,800,000 -
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%
2Expenses for MOAT are capped contractually at 0.49% until February 1, 2023. 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
Guo Hua (Jason) Jin
- Portfolio Manager and Analyst for Equity ETFs
- Joined VanEck in 2007
- Prior to his current role, held a portfolio administration position at VanEck
- Previously, Portfolio Analyst at Evaluation Associates
- BS, Business Administration (concentration in Financial Analysis), State University of New York at Buffalo
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) | -0.07 | -6.12 | -9.33 | -4.80 | 16.90 | 13.92 | 15.30 | 14.38 |
MOAT (Share Price) | -0.01 | -6.11 | -9.33 | -4.88 | 16.92 | 13.93 | 15.28 | 14.38 |
MWMFTR (Index) | -0.01 | -5.97 | -9.13 | -4.22 | 17.47 | 14.47 | 15.88 | 14.95 |
Performance Differential (NAV - Index) | -0.06 | -0.15 | -0.20 | -0.58 | -0.57 | -0.55 | -0.58 | -0.57 |
S&P 500 Index | 0.18 | -5.16 | -12.76 | -0.30 | 16.44 | 13.38 | 14.40 | 13.76 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 04/24/12 |
|
---|---|---|---|---|---|---|---|---|
MOAT (NAV) | 1.54 | -1.93 | -1.93 | 9.01 | 18.47 | 16.27 | -- | 15.55 |
MOAT (Share Price) | 1.63 | -1.85 | -1.85 | 8.99 | 18.50 | 16.30 | -- | 15.56 |
MWMFTR (Index) | 1.61 | -1.80 | -1.80 | 9.67 | 19.04 | 16.84 | 15.59 | 16.12 |
Performance Differential (NAV - Index) | -0.07 | -0.13 | -0.13 | -0.66 | -0.57 | -0.57 | -- | -0.57 |
S&P 500 Index | 3.71 | -4.60 | -4.60 | 15.65 | 18.92 | 15.99 | 14.64 | 15.03 |
Top 10 Holdings (%) as of 05/31/22 Daily Holdings
to view
full data
Holding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Merck & Co Inc |
MRK US |
2,342,522 |
215,582,300 | 3.19 |
Philip Morris International Inc |
PM US |
1,931,502 |
205,222,088 | 3.04 |
Campbell Soup Co |
CPB US |
4,196,773 |
201,067,394 | 2.98 |
Kellogg Co |
K US |
2,863,016 |
199,666,736 | 2.96 |
Constellation Brands Inc |
STZ US |
792,096 |
194,435,805 | 2.88 |
Western Union Co/The |
WU US |
10,264,108 |
186,190,919 | 2.76 |
Gilead Sciences Inc |
GILD US |
2,785,782 |
180,657,963 | 2.68 |
Zimmer Biomet Holdings Inc |
ZBH US |
1,502,489 |
180,614,203 | 2.67 |
Medtronic Plc |
MDT US |
1,775,187 |
177,784,978 | 2.63 |
Polaris Inc |
PII US |
1,647,944 |
175,588,433 | 2.60 |
Top 10 Total (%) | 28.38 |
Country Weightings (%) as of 05/31/22
-
Country
% of Net Assets -
■
United States
98.02 -
■
Argentina
1.88 -
■
Other/Cash
0.09
Sector Weightings (%) as of 05/31/22
-
Sector
% of Net Assets -
■
Information Technology
25.2 -
■
Health Care
17.3 -
■
Consumer Staples
14.9 -
■
Industrials
12.3 -
■
Consumer Discretionary
7.3 -
■
Communication Services
6.5 -
■
Financials
6.3 -
■
Materials
5.3 -
■
Energy
1.9 -
■
Utilities
1.5 -
■
n/a
1.4 -
■
Other/Cash
0.1