SMOT
VanEck Morningstar SMID Moat ETF
📎 Investment Objective
The VanEck Morningstar SMID Moat ETF (SMOT) seeks to track the performance of the Morningstar US Small-Mid Cap Moat Focus Index, which is designed to provide exposure to attractively valued, high-quality U.S. small and mid-cap companies.
Overview
ETF tracking VanEck Morningstar SMID Moat ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Morningstar SMID Moat ETF (SMOT) seeks to track the performance of the Morningstar US Small-Mid Cap Moat Focus Index, which is designed to provide exposure to attractively valued, high-quality U.S. small and mid-cap companies.
🎯 Investment Strategy
The ETF invests in a portfolio of small and mid-cap stocks that have been identified by Morningstar as having sustainable competitive advantages, or 'economic moats'. The fund aims to provide investors with exposure to companies that are trading at attractive valuations relative to their intrinsic worth.
✨ Key Features
- Focuses on small and mid-cap U.S. stocks with durable competitive advantages
- Seeks to invest in attractively valued, high-quality companies
- Tracks the Morningstar US Small-Mid Cap Moat Focus Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Potential for higher volatility compared to broader market due to small and mid-cap exposure
- Concentration risk as the fund is focused on a specific investment style and sector
- Liquidity risk for smaller, less-traded companies
- Potential underperformance if the fund's stock selection methodology underperforms the broader market
👤 Best For
The VanEck Morningstar SMID Moat ETF may be suitable for investors seeking exposure to high-quality, attractively valued small and mid-cap U.S. companies as a long-term core holding in a diversified portfolio. Investors should have a moderate to high-risk tolerance and a long-term investment horizon to accommodate the potential for higher volatility.