The most notable companies in this group are Alphabet (NASDAQ:GOOGL), Walt Disney Company (The) (NYSE:DIS), Comcast Corp (NASDAQ:CMCSA), Nike (NYSE:NKE), Wells Fargo & Co (NYSE:WFC), Charles Schwab Corp (The) (NYSE:SCHW), Gilead Sciences (NASDAQ:GILD).
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Morningstar® Wide Moat Focus IndexSM (the "index").
Under normal conditions, the fund invests at least 80% of its net assets in securities that comprise the index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar") determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies").
The average market capitalization across the VanEck Morningstar Wide Moat Z MF is 191.2B. The market cap for tickers in the group ranges from 17.32B to 1.72T. GOOGL holds the highest valuation in this group at 1.72T. The lowest valued company is TYL at 17.32B.
The average weekly volume growth across all stocks in the VanEck Morningstar Wide Moat Z MF was -6%. For the same stocks of the MF, the average monthly volume growth was -41% and the average quarterly volume growth was -26%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 53
P/E Growth Rating: 50
Price Growth Rating: 41
SMR Rating: 52
Profit Risk Rating: 55
Seasonality Score: -7 (-100 ... +100)