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Trending ETFs

VanEck Morningstar Global Wide Moat ETF

ETF
MOTG
Payout Change
Pending
Price as of:
$39.8615 +0.51 +1.29%
primary theme
N/A
MOTG (ETF)

VanEck Morningstar Global Wide Moat ETF

Payout Change
Pending
Price as of:
$39.8615 +0.51 +1.29%
primary theme
N/A
MOTG (ETF)

VanEck Morningstar Global Wide Moat ETF

Payout Change
Pending
Price as of:
$39.8615 +0.51 +1.29%
primary theme
N/A

Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$39.86

$18.3 M

1.63%

$0.65

1.08%

Vitals

YTD Return

13.9%

1 yr return

27.2%

3 Yr Avg Return

3.0%

5 Yr Avg Return

9.4%

Net Assets

$18.3 M

Holdings in Top 10

21.2%

52 WEEK LOW AND HIGH

$39.4
$32.94
$40.66

Expenses

OPERATING FEES

Expense Ratio 1.08%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$39.86

$18.3 M

1.63%

$0.65

1.08%

MOTG - Profile

Distributions

  • YTD Total Return 13.9%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    VanEck Morningstar Global Wide Moat ETF
  • Fund Family Name
    VANECKFUND
  • Inception Date
    Oct 30, 2018
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Guo Hua (Jason) Jin

Fund Description

The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Morningstar Global Wide Moat Focus Index is comprised of securities issued by companies that Morningstar, Inc. (“Morningstar” or the “Index
provider”) determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors (“wide moat companies”). The quantitative factors used by Morningstar to identify competitive advantages currently include historical and projected returns on invested capital relative to cost of capital. The qualitative factors used by Morningstar to identify competitive advantages currently include customer switching cost (i.e., the costs of customers switching to competitors), internal cost advantages, intangible assets (e.g., intellectual property and brands), network effects (i.e., whether products or services become more valuable as the number of customers grows) and efficient scale (i.e., whether the company effectively serves a limited market that potential rivals have little incentive to enter into). Wide moat companies are selected by Morningstar from the universe of companies represented in the Morningstar® Global Markets IndexSM (the “Parent Index”) a broad market index representing 97% of developed and emerging market capitalization that meet certain trading frequency, dollar trading volume and turnover and free-float market-capitalization requirements. The Morningstar Global Wide Moat Focus Index targets a select group of wide moat companies: those that according to Morningstar’s equity research team are attractively priced as of each Morningstar Global Wide Moat Focus Index review. Morningstar utilizes a momentum screen, in which momentum represents a security’s 12-month price change. The momentum screen is used to exclude 20% of wide moat companies in the Parent Index with the worst 12-month momentum based on a 12-month price change of each company’s securities. Out of the companies in the Parent Index that Morningstar determines are wide moat companies and display 12-month momentum in the top 80%, Morningstar selects companies to be included in the Morningstar Global Wide Moat Focus Index as determined by the ratio of Morningstar’s estimate of fair value of the issuer’s common stock to the price. Morningstar’s equity research fair value estimates are calculated using a standardized, proprietary valuation model that predominantly relies on a detailed projection of a company’s future cash flows. Wide moat companies may include medium-capitalization companies. The Fund, under normal market conditions, will invest at least 40% of its assets in companies organized or located in multiple countries outside the United States or doing a substantial amount of business in multiple countries outside the United States. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
As of December 31, 2023, the Morningstar Global Wide Moat Focus Index included 67 securities of companies with a market capitalization range of between approximately $2.48 billion and $826.69 billion and a weighted average full market capitalization of $93.12 billion. The maximum weight of an individual country or sector in the Morningstar Global Wide Moat Focus Index is capped at 10% more than its corresponding weight in the parent index at the time of reconstitution, or 40%, whichever is higher. The Morningstar Global Wide Moat Focus Index is divided into two equally weighted sub-portfolios, and each is reconstituted and rebalanced semi-annually on alternating quarters.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Morningstar Global Wide Moat Focus Index by investing in a portfolio of securities that generally replicates the Morningstar Global Wide Moat Focus Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Morningstar Global Wide Moat Focus Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Morningstar Global Wide Moat Focus Index.
The Fund may become “non-diversified” as defined under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Morningstar Global Wide Moat Focus Index. This means that the Fund may invest a greater percentage of its assets in a limited number of issuers than would be the case if the Fund were always managed as a diversified management investment company. The Fund intends to be diversified in approximately the same proportion as the Morningstar Global Wide Moat Focus Index. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status due solely to a change in the relative market capitalization or index weighting of one or more constituents of the Morningstar Global Wide Moat Focus Index.
The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Morningstar Global Wide Moat Focus Index concentrates in an industry or group of industries. As of September 30, 2023, each of the information technology, consumer staples, financials, industrials and health care sectors represented a significant portion of the Fund.
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MOTG - Performance

Return Ranking - Trailing

Period MOTG Return Category Return Low Category Return High Rank in Category (%)
YTD 13.9% N/A N/A N/A
1 Yr 27.2% N/A N/A N/A
3 Yr 3.0%* N/A N/A N/A
5 Yr 9.4%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period MOTG Return Category Return Low Category Return High Rank in Category (%)
2023 8.9% N/A N/A N/A
2022 -14.5% N/A N/A N/A
2021 8.1% N/A N/A N/A
2020 12.7% N/A N/A N/A
2019 25.5% N/A N/A N/A

Total Return Ranking - Trailing

Period MOTG Return Category Return Low Category Return High Rank in Category (%)
YTD 13.9% N/A N/A N/A
1 Yr 27.2% N/A N/A N/A
3 Yr 3.0%* N/A N/A N/A
5 Yr 9.4%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period MOTG Return Category Return Low Category Return High Rank in Category (%)
2023 11.0% N/A N/A N/A
2022 -11.3% N/A N/A N/A
2021 14.7% N/A N/A N/A
2020 16.1% N/A N/A N/A
2019 28.4% N/A N/A N/A

MOTG - Holdings

Concentration Analysis

MOTG Category Low Category High MOTG % Rank
Net Assets 18.3 M N/A N/A N/A
Number of Holdings 74 N/A N/A N/A
Net Assets in Top 10 3.04 M N/A N/A N/A
Weighting of Top 10 21.18% N/A N/A N/A

Top 10 Holdings

  1. Tyler Technologies Inc 2.30%
  2. Taiwan Semiconductor Manufacturing Co Ltd 2.27%
  3. Imperial Brands PLC 2.22%
  4. Bank of New York Mellon Corp/The 2.13%
  5. Constellation Brands Inc 2.08%
  6. Westpac Banking Corp 2.06%
  7. Emerson Electric Co 2.04%
  8. Sanofi SA 2.04%
  9. Kao Corp 2.03%
  10. Comcast Corp 2.01%

Asset Allocation

Weighting Return Low Return High MOTG % Rank
Stocks
99.91% N/A N/A N/A
Cash
0.09% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High MOTG % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High MOTG % Rank
Non US
52.66% N/A N/A N/A
US
47.25% N/A N/A N/A

MOTG - Expenses

Operational Fees

MOTG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% N/A N/A N/A
Management Fee 0.45% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

MOTG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MOTG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MOTG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MOTG - Distributions

Dividend Yield Analysis

MOTG Category Low Category High MOTG % Rank
Dividend Yield 1.63% N/A N/A N/A

Dividend Distribution Analysis

MOTG Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

MOTG Category Low Category High MOTG % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MOTG Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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MOTG - Fund Manager Analysis

Managers

Guo Hua (Jason) Jin


Start Date

Tenure

Tenure Rank

Oct 30, 2018

3.59

3.6%

Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.

Peter Liao


Start Date

Tenure

Tenure Rank

Oct 30, 2018

3.59

3.6%

Mr. Liao joined VanEck in 2005 and serves as Head of Equity ETF Portfolio Management. He oversees the Equity ETF Investment Management team and is responsible for development and management of index replication and optimization strategies. Mr. Liao is a CFA Charterholder and a member of the CFA Society New York. Mr. Liao received a BA in Mathematics and Economics from New York University.

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A