MOAT
VanEck Morningstar Wide Moat ETF
VanEck Vectors Morningstar Wide Moat Focus Fund is an exchange-traded fund incorporated in the USA. The Fund seeks to seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar Wide Moat Focus Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
15.7 B
ASSETS UNDER MGMT
46 bp
EXPENSES
Fund Basics
| Fund sponsor | Bank of New York Mellon Bank |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 24, 2012 |
| Assets (mns) | $15,673 |
| Expense ratio | 46 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| SALESFORCE.COM INC | 3.1 % |
| BRISTOL-MYERS SQUIBB CO | 2.9 % |
| AUTODESK INC | 2.9 % |
| GILEAD SCIENCES INC | 2.9 % |
| WALT DISNEY CO/THE | 2.9 % |
| EMERSON ELECTRIC CO | 2.9 % |
| US BANCORP | 2.8 % |
| KENVUE, INC. | 2.8 % |
| MARKETAXESS HOLDINGS INC | 2.7 % |
| ALTRIA GROUP INC | 2.7 % |
Constituent Breakdown
| Number of holdings | 56 |
| Herfindahl-Hirschman Index | 209 |
| Wgt avg mkt cap (mns) | $164,596 |
| Large cap (>$10bn) | 96.5% |
| Mid cap ($2-10bn) | 3.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.1 % |
 |
IRELAND | 2.6 % |
 |
NETHERLANDS | 1.2 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 7.2% | 27.0% | 20.5% | 7.3% | 13.1% | 12.7% | 13.9% | Volatility | 11.8% | 12.5% | 16.6% | 19.3% | 22.0% | 18.5% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.05 | 87% |
| MSCI EAFE | 1.02 | 85% |
| MSCI Emg Mkts | 0.85 | 57% |
Liquidity Measures
| Avg. volume (000) | 636 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.02% |
| ADV of underlying (mns) | $49,448 |
Technical Indicators
| Recent close | $94.69 |
| 30d moving avg. | $96.14 |
| Annualized volatility | 19.5% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 1.8% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MOAT |
Expenses vs. MOAT |
ALTAR Score™ vs. MOAT |
|---|---|---|---|---|
| MVAL | VanEck Morningstar Wide Moat Value ETF | 65.7% | +3 bp | +0.8% |
| MGRO | VanEck Morningstar Wide Moat Growth ETF | 54.3% | +3 bp | -0.9% |
| MOTE | VanEck Morningstar ESG Moat ETF | 44.7% | +3 bp | -0.5% |
| MOTG | VanEck Morningstar Global Wide Moat ETF | 36.5% | +6 bp | 0.0% |
| EQWL | Invesco S&P 100 Equal Weight ETF | 20.9% | -21 bp | +0.6% |
| MBCC | Monarch Blue Chips Core ETF | 18.9% | +79 bp | -2.2% |
| DRUP | GraniteShares Nasdaq Select Disruptors ETF | 18.1% | +14 bp | -1.8% |
| ITAN | Sparkline Intangible Value ETF | 18.0% | +4 bp | +0.3% |
| CRTC | Xtrackers US National Critical Technologies ETF | 17.9% | -11 bp | -0.6% |
| USRD | Themes US R&D Champions ETF | 17.6% | -17 bp | +1.4% |
Risk and Returns: MOAT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
MOAT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
MOAT
5.7%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. MOAT's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places MOAT in the 54th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
MOATSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| MOAT (46 bp) Percentile rank | 50 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| MOAT | 46.0 | 1.5 | 47.5 |
| Peer Avg. | 35.7 | 15.0 | 50.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .