CONTACT US | Follow
Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

Wide Moat ETF MOAT

  • Full Name: Market Vectors®
    Wide Moat ETF (MOAT®)

    Management Style: Replication

    Underlying Index: Morningstar® Wide Moat Focus IndexSM (MWMFTR)

    Index Description: MWMFTR is a rules-based, equal-weighted index intended to offer exposure to the 20 most attractively priced companies with sustainable competitive advantages according to Morningstar's equity research team.

  •  
     

    • Fund Ticker

      MOAT
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      MWMFTR
    • Index Provider

      Morningstar
    • Total Net Assets

      $683.0M
    • Shares Outstanding

      22,950,000
    • Number of Holdings

      21
    • Commencement Date

      04/24/2012
  •  
    as of 04/24/14

  • Key Points

    Moat = Sustainable Competitive Advantage 
    Morningstar equity analysts use a time-tested proprietary process to determine if a company has an economic moat
    Index Favors Undervalued Stocks 
    Of the broad equity universe analyzed by Morningstar, currently about 10% receive a wide moat categorization; the 20 stocks with the most attractive valuations5 are selected for its Index
    Proven Index Track Record6 
    Index has generated significant excess returns relative to the overall market since inception (2/07)
  • Trading Information

    • Fund Ticker

      MOAT
    • Index Total Return Ticker

      MWMFTR
    • NAV

      MOATNV
    • Intraday NAV (IIV)4

      MOATIV
    • Shares Outstanding

      22,950,000
    • Estimated Cash

      MOATEU
    • Total Cash

      MOATTC
    • CUSIP

      57060U134
    • ISIN

      US57060U1346
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.45%
    • Other Expenses

      0.06%
    • Gross Expense Ratio

      0.51%
    • Fee Waivers and
      Expense Reimbursement

      (0.02)%
    • Net Expense Ratio

      0.49%
    2 Expenses for MOAT are capped contractually at 0.49% until at least 2/01/15. Cap excludes certain expenses, such as interest. See Important Disclosure for more information.
  • Prices as of 04/24/2014

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    MOAT $29.76
    $29.76
    125,389
    122,509
    $-0.17 / -0.6%
    $-0.21 / -0.7%
    + 3.3%
    + 3.2%

    $0.00
    0.00%
  • View All Indices » View All ETFs » 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) 1.24 1.70 1.70 26.10 -- -- -- 22.24
    MOAT (Share Price) 1.17 1.63 1.63 26.04 -- -- -- 22.26
    MWMFTR (Index) 1.24 1.70 1.70 26.61 18.25 26.10 -- 22.74
    Performance Differential (NAV - Index) 0.00 0.00 0.00 -0.51 -- -- -- -0.50
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    04/24/12
    MOAT (NAV) 1.24 1.70 1.70 26.10 -- -- -- 22.24
    MOAT (Share Price) 1.17 1.63 1.63 26.04 -- -- -- 22.26
    MWMFTR (Index) 1.24 1.70 1.70 26.61 18.25 26.10 -- 22.74
    Performance Differential (NAV - Index) 0.00 0.00 0.00 -0.51 -- -- -- -0.50
  • View All Holdings » Top 10 Holdings (%) as of 03/31/14

    Total Holdings: 21
    Holding Name
    Ticker
    Shares Market Value
    (US$)
    % of Net
    Assets
    Exelon Corp
    EXC US
    1,045,416
    35,084,161 5.48
    Baxter International Inc
    BAX US
    466,585
    34,543,349 5.40
    Schlumberger Ltd
    SLB US
    346,065
    33,873,793 5.29
    Philip Morris International Inc
    PM US
    398,520
    32,994,590 5.15
    International Business Machines Corp
    IBM US
    169,425
    32,612,618 5.09
    Franklin Resources Inc
    BEN US
    597,213
    32,428,175 5.07
    Core Laboratories Nv
    CLB US
    162,841
    32,314,168 5.05
    Blackrock Inc
    BLK US
    102,142
    32,121,616 5.02
    Procter & Gamble Co/The
    PG US
    398,166
    32,092,180 5.01
    Coca-Cola Co/The
    KO US
    820,135
    31,928,763 4.99
    Top 10 Total (%) 51.55
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 03/31/14

    • Country

      % of Net Assets
    • U.S.

      100.3
    • Other

      -0.3
    • Total

      100.0
  • Sector Weightings (%)
    as of 03/31/14

    • Sector

      % of Net Assets
    • Energy

      20.3
    • Consumer Staples

      20.1
    • Financials

      15.0
    • Industrials

      14.7
    • Information Technology

      14.6
    • Health Care

      10.1
    • Utilities

      5.5
    • Other

      -0.3
    • Total

      100.0