Key stats
About VanEck Morningstar Wide Moat ETF
Expense ratio
0.46%
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Inception date
Apr 25, 2012
MOAT holds a concentrated portfolio of stocks that are attractively priced and have sustainable competitive advantages (patents, high switching costs, etc.). Morningstar's equity research team determines the funds selection by assigning an economic rating and a fair value estimate to the companies in the Morningstar US Market Index. Despite its safe-sounding name, MOAT makes radical departures from market-like coverage. The fund favors single-name positions and may have significant sector biases. It follows an equal-weighted index with a staggered rebalancehalf the portfolio is reconstituted with equal weights every six months, and the other half follows three months later. MOAT also caps turnover and sector exposure. This results in the fund holding more than 40 names at times.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Consumer Non-Durables
Electronic Technology
Technology Services
Stocks100.00%
Health Technology24.27%
Consumer Non-Durables18.77%
Electronic Technology17.53%
Technology Services11.49%
Producer Manufacturing7.31%
Finance6.40%
Process Industries3.81%
Commercial Services3.64%
Consumer Services2.82%
Transportation2.47%
Retail Trade1.47%
Bonds, Cash & Other0.00%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history