MOTGVanEck Morningstar Global Wide Moat ETF
Fund Description
VanEck Morningstar Global Wide Moat ETF (MOTG®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Global Wide Moat Focus IndexSM (MSGWMFNU), which is intended to track the overall performance of attractively priced global companies with sustainable competitive advantages according to Morningstar's equity research team.
-
Fund Ticker
MOTG -
Exchange
Cboe -
Inception Date
10/30/2018 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MSGWMFNU -
Index Reconstitution
Semi-Annually, Staggered Quarterly
as of 03/27/23
-
30-Day SEC Yield1
1.97% -
Total Net Assets
$18.0M -
Number of Holdings
72 -
Options
No -
Gross Expense Ratio2
0.96% -
Net Expense Ratio/TER2
0.52% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- Wide Moat Companies
A focus on global companies Morningstar believes possess sustainable competitive advantages, or “moats”
- Focus on Valuations
Index targets companies trading at attractive prices relative to Morningstar’s estimate of fair value
- Morningstar’s Equity Research
Index fueled by Morningstar’s forward-looking, rigorous equity research process driven by over 100 analysts globally
Trading Information
-
Fund Ticker
MOTG -
Index Total Return Ticker
MSGWMFNU -
NAV
MOTGNV -
Intraday NAV (IIV)4
MOTGIV -
Shares Outstanding
550,000 -
Estimated Cash
MOTGEU -
Total Cash
MOTGTC -
CUSIP
92189F122
Fees and Expenses2
-
Management Fee
0.45% -
Other Expenses
0.51% -
Gross Expense Ratio
0.96% -
Fee Waivers and
-0.44%
Expense Reimbursement -
Net Expense Ratio/TER2
0.52%
2 Expenses for MOTG are capped contractually at 0.52% until February 1, 2024. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
MOTG (NAV) | -3.74 | 0.02 | 3.10 | -5.58 | 9.55 | -- | -- | 10.16 |
MOTG (Share Price) | -3.72 | 0.02 | 3.23 | -5.35 | 9.77 | -- | -- | 10.21 |
MSGWMFNU (Index)** | -3.48 | 0.51 | 3.09 | -5.35 | 9.91 | 8.17 | 10.08 | 10.45 |
Performance Differential (NAV - Index) | -0.26 | -0.49 | 0.01 | -0.23 | -0.36 | -- | -- | -0.29 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/30/18 |
|
---|---|---|---|---|---|---|---|---|
MOTG (NAV) | -2.99 | 13.78 | -11.34 | -11.34 | 5.68 | -- | -- | 9.76 |
MOTG (Share Price) | -3.11 | 14.05 | -11.36 | -11.36 | 5.62 | -- | -- | 9.78 |
MSGWMFNU (Index)** | -2.50 | 13.75 | -11.05 | -11.05 | 5.94 | 7.80 | 10.46 | 10.07 |
Performance Differential (NAV - Index) | -0.49 | 0.03 | -0.29 | -0.29 | -0.26 | -- | -- | -0.31 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Airbus Se |
AIR FP
|
3,437
|
451,338 | 2.48 |
Safran Sa |
SAF FP
|
3,171
|
448,935 | 2.47 |
Applied Materials Inc |
AMAT US
|
3,552
|
412,565 | 2.27 |
Fortinet Inc |
FTNT US
|
6,754
|
401,458 | 2.21 |
State Street Corp |
STT US
|
4,441
|
393,828 | 2.16 |
Yum China Holdings Inc |
YUMC US
|
6,681
|
392,375 | 2.16 |
Anheuser-Busch Inbev Sa/Nv |
ABI BB
|
6,434
|
391,311 | 2.15 |
Bayer Ag |
BAYN GR
|
6,438
|
383,309 | 2.11 |
Blackbaud Inc |
BLKB US
|
6,857
|
381,866 | 2.10 |
Taiwan Semiconductor Manufacturing Co L |
2330 TT
|
23,000
|
380,510 | 2.09 |
Top 10 Total (%) | 22.18 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● United States | 51.69 |
● United Kingdom | 9.59 |
● France | 6.91 |
● China | 5.88 |
● Australia | 4.89 |
● Japan | 3.88 |
● Switzerland | 3.69 |
● Germany | 3.16 |
● Belgium | 2.15 |
● Taiwan Region | 2.09 |
● Canada | 2.04 |
● Brazil | 1.64 |
● Argentina | 1.40 |
● Netherlands | 1.03 |
● Other/Cash | -0.04 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Information Technology | 19.59 |
● Financials | 19.09 |
● Industrials | 18.16 |
● Consumer Staples | 17.72 |
● Health Care | 12.79 |
● Consumer Discretionary | 7.09 |
● Communication Services | 2.99 |
● Materials | 1.66 |
● Utilities | 0.95 |
● Other/Cash | -0.04 |