Key stats
About VanEck Morningstar SMID Moat ETF
Home page
Inception date
Oct 4, 2022
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
SMOT tracks an index of small- and mid-cap companies with sustainable competitive advantages and attractive valuations, determined by looking at qualitative and quantitative factors.The index provider selects narrow and wide moat companies from the eligible universe. Narrow moats are believed to maintain a competitive advantage for at least ten years, while wide moats for at least 20 years. The selected securities are screened to exclude the bottom 3% based on the lowest float market capitalization, then ranked by momentum to only include the top 80%. After that, those with the lowest current market price/fair value ratios are selected. The index is equally weighted and divided into two sub-portfolios that target 75 companies each. Each sub-portfolio follows a semi-annual, staggered alternating quarters rebalance and reconstitution schedule.
Classification
What's in the fund
Exposure type
Technology Services
Health Technology
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.