About VanEck Vectors Morningstar Wide Moat ETF (MOAT)

The VanEck Vectors Morningstar Wide Moat ETF (MOAT) is a popular exchange-traded fund that provides investors with exposure to a diversified portfolio of companies with wide economic moats. The ETF is designed to track the Morningstar Wide Moat Focus Index, which is made up of companies that Morningstar believes have sustainable competitive advantages. These companies are selected based on Morningstar's proprietary methodology, which takes into account factors such as brand recognition, customer loyalty, and cost advantage.

The MOAT ETF has a strong track record of outperforming its benchmark index. Over the past five years, it has delivered an average annual return of 13.7%, compared to the index's return of 9.2%. This outperformance can be attributed to the ETF's focus on companies with wide economic moats, which tend to be more resilient during economic downturns and have the potential for long-term growth.