MOATVanEck Morningstar Wide Moat ETF
MOAT Fund Description
MOAT tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.
MOAT Factset Analytics Insight
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 fund’s 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 rebalance—half 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.
MOAT MSCI ESG Analytics Insight
VanEck Morningstar Wide Moat ETF has an MSCI ESG Fund Rating of A based on a score of 6.86 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Morningstar Wide Moat ETF ranks in the 64th percentile within its peer group and in the 74th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
MOAT MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
MOAT Summary Data
MOAT Portfolio Data
MOAT Index Data
MOAT Portfolio Management
MOAT Tax Exposures
MOAT Fund Structure
MOAT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MOAT. MOAT is rated a 5 out of 5.
MOAT Sector/Industry Breakdown
MOAT Top 10 Holdings[View All]
MOAT Economic Development
MOAT Performance Statistics
MOAT MSCI ESG Ratings
MOAT Benchmark Comparison Summary
MOAT Benchmark Comparison Market Cap Size