VanEck Morningstar International Wide Moat ETF (GOAT)
CXA 
BATS Primary CXA Summary
First Solar: The Undisputed GOAT Of U.S. Clean Energy
First Solar has a 64 GW backlog and is the dominant leader at the confluence of U.S. manufacturing support, constraints on foreign-connected competitors, and autonomous technology increasing energy demands. Thematic macro investors with a tolerance for policy volatility can reap 100% gains in 12 months in a bull case. I definitively estimate a 40–50% return. Risks include long-term competition ramping, including advantages in novel crystalline silicon panels that counter the Levelized Cost of Energy advantage of First Solar's cadmium telluride at this stage.
Ryan Cohen The GOAT? Fresh Data Shows Chewy Mastermind Anticipated Massive Trends In Pet Supplies
Investor Ryan Cohen founded Chewy Inc CHWY back in 2011 as a play on the growing trend of pet supplies and pet health products. New data suggests Cohen may have been early to the trend, with spending on pet supplies and pet insurance seeing a large increase.
VanEck Morningstar International Wide Moat ETF (GOAT) FAQ
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has VanEck Morningstar International Wide Moat ETF ever had a stock split?
VanEck Morningstar International Wide Moat ETF Profile
| CXA Exchange | US Country |
Overview
The fund is an investment entity that dedicates a significant portion of its assets—specifically, at least 80%—to securities that are included within its benchmark index. This benchmark index is distinctive, as it consists of securities from companies identified by Morningstar, Inc. as possessing sustainable competitive advantages. Morningstar employs a unique proprietary methodology for this determination, integrating both quantitative and qualitative factors to identify what are termed "wide moat companies." These are companies believed to have enduring competitive advantages that protect them against competitors and enable sustained profitability. Notably, the fund operates with a non-diversified status, meaning it may invest more heavily in fewer securities compared to diversified funds, potentially leading to higher risk and reward scenarios.
Products and Services
- Investment in Wide Moat Companies
The primary service offered by the fund is its investment in securities issued by companies classified as "wide moat companies" by Morningstar, Inc. These investments aim to tap into the potential for long-term growth and sustainability brought about by the companies' enduring competitive advantages. By focusing on these select companies, the fund seeks to deliver solid returns to its investors over time.
- Benchmark Index-Based Investment Strategy
Another notable aspect of the fund’s approach is its commitment to investing at least 80% of its total assets in securities that form the fund's benchmark index. This strategy ensures that the fund's investment portfolio mirrors the composition of the index, which is specifically constructed to include companies with sustainable competitive advantages, as determined through Morningstar, Inc.'s proprietary methodology. This investment strategy is designed to align closely with the performance of the designated benchmark index, offering investors a transparent and focused investment objective.
- Non-Diversified Fund Status
As a non-diversified fund, this investment vehicle is characterized by the potential for more concentrated investments in a smaller number of securities compared to diversified funds. This strategy can result in higher volatility and risk, as the fund’s performance is more closely tied to the fortunes of fewer investments. However, it also offers the potential for higher returns, particularly if the selected "wide moat companies" perform well. This feature of the fund may appeal to investors with a higher risk tolerance, seeking exposure to selected companies with strong competitive advantages.
