SMOT
VanEck Morningstar SMID Moat ETF
SMOT
VanEck Morningstar SMID Moat ETF
-
NAV
$29.04
as of June 08, 2023 -
YTD RETURNS
7.50%
as of June 08, 2023 -
Total Net Assets
$66.79M
as of June 08, 2023 -
Gross Expense Ratio
0.57% -
Net Expense Ratio
0.49% -
Inception Date
10/04/2022
Van Eck Associates Corporation (the "Adviser") has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses) from exceeding 0.49% of the Fund's average daily net assets per year until at least February 1, 2024. During such time, the expense limitation is expected to continue until the Fund's Board of Trustees acts to discontinue all or a portion of such expense limitation.
Fund Description
VanEck Morningstar SMID Moat ETF (SMOT) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® US Small-Mid Cap Moat Focus IndexSM (MSUMMFGU), which is intended to track the overall performance of small- and mid-cap companies with sustainable competitive advantages and attractive valuations according to Morningstar's equity research team.
Overview
Fund Highlights
- U.S. small- and mid-cap companies with long-term competitive advantages
- Targets companies trading at attractive prices
- Powered by Morningstar’s rigorous and forward-looking equity research
Moat Stocks Maintain Lead Through Turbulence