VanEck Morningstar Wide Moat (AUD Hedged) ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global equity funds would cost $336 (0.67% a year), so MHOT is $42 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 3 Sept 2026 · 55 securities · top 10 = 27.3%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.1 | 1.6 | −10.4 | 4.2 | 2.2 | 2.6 | 3.9 | 5.5 | −7.2 | 5.5 | 6.5YTD | ||
| 2025 | 3.6 | −5.1 | −4.2 | −1.8 | 4.9 | 5.2 | 3.5 | 0.2 | −0.2 | 2.4 | 2.8 | 2.0 | 13.3 |
| 2024 | −0.6 | 1.3 | 3.3 | −3.5 | −1.0 | 1.4 | 5.2 | 3.7 | 1.9 | −1.3 | 2.7 | −5.2 | 7.8 |
| 2023 | 9.0 | 9.0 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
MHOT questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck Morningstar Wide Moat (AUD Hedged) ETF?
VanEck Morningstar Wide Moat (AUD Hedged) ETF holds 55 securities, and its ten largest positions make up 27.3% of the fund, more spread out than the 54.7% typical of Global equity funds. That makes it moderately diversified.
Its country exposure is almost entirely United States (100.0%), based on holdings as at 3 Sept 2026.
Which ETFs does MHOT double up with most?
MHOT shares the most holdings with VanEck Morningstar Wide Moat ETF (MOAT) (100% overlap), Global X Morningstar Global Technology ETF (TECH) (25% overlap) and Betashares NASDAQ 100 Equal Weight ETF (QNDQ) (16% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 100%, owning both MHOT and MOAT would mostly double up on the same investments rather than spread your money further. Of these, MOAT has the lowest fee, at 0.49% a year against 0.52% for MHOT.
How is VanEck Morningstar Wide Moat (AUD Hedged) ETF managed – active or passive?
VanEck Morningstar Wide Moat (AUD Hedged) ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global equity funds, active funds charge a median 0.99% a year and index funds 0.54%.
What will I pay in fees for MHOT?
MHOT charges a management fee of 0.52% a year, about $52 for every $10,000 invested. Only 39% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global equity funds, the median is 0.62%.
Lower-cost funds with a similar focus include VanEck Morningstar Wide Moat ETF (MOAT) at 0.49%, iShares MSCI EAFE ETF (IVE) at 0.32% and Betashares FTSE 100 ETF (F100) at 0.45%.
If you would rather have a manager choose the investments, active options such as Magellan Infra Fund (Currency Hedged) - Active ETF (MICH) at 1.05% and Lanyon Investment Fund Active ETF (LNYN) at 1.00% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.34% for MHOT.
Does VanEck Morningstar Wide Moat (AUD Hedged) ETF follow a theme?
No. VanEck Morningstar Wide Moat (AUD Hedged) ETF is a broad equity fund: it aims to cover a wide slice of its market (Global) rather than one theme or sector.
What is under the hood of MHOT?
As at 3 Sept 2026, MHOT's ten largest holdings are Veeva Systems Inc (3.5%), Airbnb Inc (3.0%), Microsoft Corp (2.7%), Lpl Financial Holdings Inc (2.7%), Charles Schwab Corp/The (2.7%), Bristol-Myers Squibb Co (2.6%), Tyler Technologies Inc (2.5%), Nvidia Corp (2.5%), Estee Lauder Cos Inc/The (2.5%) and Zimmer Biomet Holdings Inc (2.5%). Together they make up 27.3% of the fund.
It follows an index. Most broad share indices weight companies by market size, so the largest companies take the biggest share; the exact rules for MHOT's index are in the issuer's PDS. Its top 10 weighting of 27.3% compares with 54.7% for similar funds.
How well has VanEck Morningstar Wide Moat (AUD Hedged) ETF performed?
Based on its category, VanEck Morningstar Wide Moat (AUD Hedged) ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 10.5% over 1 year (median 3.8%; ranked 3 of 30). The medians and rankings compare it with Global equity funds. Since listing in 2023 it has returned 14.4% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for MHOT; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.52% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.