VanEck Morningstar Wide Moat 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 MOAT is $83 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 | −4.2 | 0.2 | −6.6 | −0.2 | 3.2 | 4.9 | 2.2 | 3.3 | −4.2 | 5.0 | 2.7YTD | ||
| 2025 | 3.6 | −5.1 | −4.9 | −4.4 | 4.6 | 3.1 | 5.0 | −0.2 | −1.3 | 3.4 | 2.2 | 0.2 | 5.7 |
| 2024 | 3.6 | 2.5 | 3.1 | −3.2 | −2.7 | 1.8 | 7.2 | −0.9 | −0.1 | 4.5 | 3.7 | −0.2 | 20.4 |
| 2023 | 5.1 | 3.4 | 3.6 | 3.0 | 3.5 | 3.1 | 4.1 | −0.1 | −5.4 | −4.5 | 5.9 | 6.1 | 30.5 |
| 2022 | −0.5 | −4.1 | 1.0 | −1.6 | −3.0 | −4.1 | 7.3 | −1.7 | −4.3 | 7.4 | −0.5 | −2.7 | −7.4 |
| 2021 | 1.1 | 4.1 | 7.9 | 1.8 | 2.4 | 3.4 | 3.8 | 2.7 | −1.3 | −3.3 | 4.8 | 1.1 | 32.2 |
| 2020 | 4.7 | −7.4 | −6.6 | 9.1 | 0.5 | −3.4 | −0.8 | 4.2 | −2.8 | −0.8 | 10.7 | −2.3 | 3.4 |
| 2019 | 5.2 | 6.5 | 0.2 | 5.7 | −5.8 | 4.5 | 6.6 | −1.2 | 2.8 | 3.0 | 5.9 | −1.3 | 36.2 |
| 2018 | 3.1 | −0.6 | −4.4 | 5.2 | 0.5 | 4.6 | 3.0 | 4.4 | 1.5 | −3.5 | 0.4 | −5.2 | 8.7 |
| 2017 | −2.7 | 4.3 | 0.2 | 4.5 | 0.1 | 0.2 | −3.2 | −0.7 | 3.3 | 2.4 | 5.1 | −0.1 | 13.9 |
| 2016 | −5.9 | 7.9 | −1.1 | 5.4 | 9.2 | −6.2 | 5.4 | 0.8 | −4.5 | −0.9 | 7.0 | 5.0 | 22.6 |
| 2015 | 7.1 | −4.5 | −3.1 | 7.8 | −1.3 | −3.4 | 1.7 |
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.
MOAT questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck Morningstar Wide Moat ETF?
VanEck Morningstar Wide Moat 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 MOAT double up with most?
MOAT shares the most holdings with VanEck Morningstar Wide Moat (AUD Hedged) ETF (MHOT) (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 MOAT and MHOT would mostly double up on the same investments rather than spread your money further.
How is VanEck Morningstar Wide Moat ETF managed – active or passive?
VanEck Morningstar Wide Moat 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 MOAT?
MOAT charges a management fee of 0.49% a year, about $49 for every $10,000 invested. Only 42% 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 iShares MSCI EAFE ETF (IVE) at 0.32%, Betashares FTSE 100 ETF (F100) at 0.45% and ETFS Magnificent 7+ Currency Hedged ETF (HULK) at 0.19%.
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 0.08% for MOAT.
Does VanEck Morningstar Wide Moat ETF follow a theme?
No. VanEck Morningstar Wide Moat 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 MOAT?
As at 3 Sept 2026, MOAT'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 MOAT'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 ETF performed?
Based on its category, VanEck Morningstar Wide Moat ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 3.6% over 1 year (median 4.6%; ranked 17 of 30), 12.1% a year over 3 years (median 14.2% a year; ranked 19 of 23) and 10.4% a year over 5 years (median 8.0% a year; ranked 4 of 10). The medians and rankings compare it with Global equity funds. Since listing in 2015 it has returned 14.2% 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 MOAT; 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 0.49% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.