VanEck Morningstar Global Wide Moat ETF

VanEck Morningstar Global Wide Moat ETF (MOTG) tracks the Morningstar Global Wide Moat Focus Index: global companies that Morningstar analysts say have lasting competitive edges (“wide moats”) and look cheap against their fair value estimates. As of June 30, 2026, it held 72 stocks, with 38% of assets in the US and no stock above 2.3%. Its 0.52% annual fee tops three similar VanEck funds, and at $17.2 million in assets it is small.

• Over the year to Oct 27, 2026, MOTG returned +2.7%, 3rd of 4 among similar funds.
• Its worst full calendar year was 2022 (-11.3%); its best was 2025 (+26.0%).
• The deepest fall in its price history was 23.6% (Jan 12, 2022 to Oct 14, 2022), recovered by Mar 7, 2024.

As of Jun 30, 2026, the fund held 72 securities; the ten largest made up 20.61% of assets.

• Over the three months to Jun 30, 2026, investors added a net $0.00 (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +4.21%, +1.56%, -2.36%.

MOTG is an index fund: it aims to match the Morningstar Global Wide Moat Focus Index before fees, not beat it. Morningstar starts with its Global Markets Index, covering about 97% of global stock market value. Its analysts flag “wide moat” companies, whose competitive advantages look durable, such as brands and patents, high costs for customers to switch, low costs, or network effects (products that gain value as more people use them).

Morningstar then drops the 20% of wide moat companies with the weakest 12-month price change. From the rest, it picks the cheapest, comparing each stock's price with its analysts' estimate of what the shares are worth, based mainly on forecasts of future cash flows. No country or sector may exceed 40% of the index, or its weight in the Global Markets Index plus 10% if that is higher. The fund normally keeps at least 40% of assets in companies based outside the US or doing substantial business abroad.

As of June 30, 2026, the fund held 72 stocks, none above 2.3% of assets. The index is split into two equal halves, each rebuilt twice a year on alternating quarters, so one half is refreshed every quarter. Portfolio turnover, the share of holdings replaced in a year, was 85%, adding trading costs beyond the 0.52% annual fee.

• MOTG charges 0.52% a year, versus an average of 0.49% for the similar funds below (4th of 4, cheapest first).
• Of that, 0.45% is the management fee; the rest covers other fund expenses.
• The fee includes a 0.62% waiver from the adviser, which may end.
• Using the prospectus's standard example, $10,000 invested would cost about $53 in the first year and $1,331 over 10 years (assuming a 5% annual return).

It is a focused global stock strategy built on Morningstar analysts' judgments about moats and value, so it works more as a complement to a broad stock fund than as a replacement for one.

MOTG could add global stocks picked for durable advantages and value beside a core stock fund. Launched in October 2018, it has no 2008 record. It lost 18.7% in January–March 2020 but ended 2020 up 16.29%. Its deepest drop since price records begin in December 2021 came in 2022, its worst calendar year (down 11.34%): a 23.6% fall from January 12 to October 14 that took about 17 months to recover. Anyone cashing out shares in late 2022 would have locked in losses.

It pays once a year. Its trailing 12-month yield was 17.2% as of October 27, 2026, far above typical stock dividends, so it may include capital gains that may not recur. The SEC's $10,000 example shows costs of $53 after one year and $1,331 after 10. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.