MOAT 📈 VanEck Morningstar Wide Moat - Overview

The VanEck Morningstar Wide Moat ETF, listed on BATS under the ticker MOAT, is designed to track the performance of companies that have demonstrated sustainable competitive advantages. To achieve this, the fund typically allocates at least 80% of its total assets to securities that are part of its benchmark index. This index is carefully curated by Morningstar, Inc., using a proprietary methodology that assesses both quantitative and qualitative factors to identify companies with wide moat characteristics. These companies are essentially those that have established strong, durable competitive advantages, allowing them to maintain their market position over time.

The fund's investment strategy is rooted in the concept of a 'moat,' a term borrowed from medieval warfare that refers to the defensive structures surrounding a castle. In the context of business, a moat represents the competitive advantages that protect a company's market share and profitability. The Morningstar methodology for identifying wide moat companies involves a detailed analysis of various factors, including a company's financial health, industry position, and the sustainability of its competitive advantages. By focusing on these wide moat companies, the VanEck Morningstar Wide Moat ETF aims to provide investors with a portfolio that is well-positioned for long-term growth and stability.

From a structural perspective, the VanEck Morningstar Wide Moat ETF is an exchange-traded fund (ETF) listed in the United States, with the ISIN code US92189F6438. It falls under the Large Blend ETF category, indicating that it invests in a broad range of large-cap companies across various sectors, without a bias towards growth or value stocks. The fund's domicile in the United States and its listing on BATS provide investors with easy access to a diversified portfolio of wide moat companies. For more information about the fund and its investment offerings, investors can visit the VanEck website at http://www.vaneck.com.