Key stats
About VanEck Morningstar ESG Moat ETF
Expense ratio
0.49%
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Inception date
Oct 5, 2021
MOTE is a passively managed fund that tracks an index that provides exposure to US stocks of any market size that are deemed as wide moat companies (attractively priced stocks that have sustainable competitive advantages) with low ESG risk. The fund first selects wide moat companies using quantitative and qualitative factors. Companies with severe or high ESG Risk Scores, as well as those involved in products viewed as controversial, are screened out. Eligible securities are then ranked by momentum to only include the top 80%. Each sector is capped at 10%. The index is equally weighted, divided into two equal sub-portfolios, that follows a staggered rebalance. Half of the portfolio is rebalanced in June and the other in December.
Classification
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Consumer Non-Durables
Health Technology
Stock breakdown by region