MOTE
VanEck Morningstar ESG Moat ETF
MOTE
VanEck Morningstar ESG Moat ETF
MOTE
VanEck Morningstar ESG Moat ETF
MOTE
VanEck Morningstar ESG Moat ETF
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NAV$30.03
as of December 04, 2024 -
YTD RETURNS17.56%
as of December 04, 2024 -
Total Net Assets$6.76M
as of December 04, 2024 -
Gross Expense Ratio2.20%
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Net Expense Ratio0.49%
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Inception Date10/05/2021
Fund Description
VanEck Morningstar ESG Moat ETF (MOTE) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Sustainability Moat Focus IndexSM (MSUSSMGU). The index is a rules-based index intended to offer exposure to attractively priced U.S. companies with long-term competitive advantages, according to Morningstar, that have been screened for ESG risks.
Overview
Fund Highlights
- Sustainable Investment
A portfolio of U.S. companies screened for ESG risks
- Wide Moat Companies
A focus on companies that Morningstar believes possess long-term competitive advantages
- Focus on Valuations
Index targets companies trading at attractive valuations relative to Morningstar's estimate of fair value