MOAT vs. NANR ETF Comparison

Comparison of Market Vectors Wide Moat ETF (MOAT) to SPDR S&P North American Natural Resources ETF (NANR)

MOAT

Market Vectors Wide Moat ETF

MOAT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MorningstarÂ® Wide Moat Focus IndexSM (the "Wide Moat Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar" or the "Wide Moat Index Provider") determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.08

Average Daily Volume

656,004

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NANR

SPDR S&P North American Natural Resources ETF

NANR Description

The investment seeks to track the performance of the S&P BMI North American Natural Resources Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index comprises publicly traded large- and mid-capitalization U.S. and Canadian companies in the natural resources and commodities businesses that meet certain investability requirements and are classified within the sub-industries of one of three natural resources categories: energy, materials or agriculture. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$58.31

Average Daily Volume

15,946

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	MOAT	NANR
30 Days	0.73%	1.83%
60 Days	1.74%	3.28%
90 Days	3.34%	3.57%
12 Months	25.40%	18.81%

1 Overlapping Holdings

	Symbol	Grade	Weight in MOAT	Weight in NANR	Overlap
	CTVA	C	2.48%	2.42%	2.42%

MOAT Overweight 52 Positions Relative to NANR

Symbol	Grade	Weight
CRM	B	3.14%
BMY	B	3.0%
GILD	C	2.97%
ADSK	A	2.94%
EMR	A	2.87%
USB	A	2.78%
MKTX	D	2.73%
BIO	D	2.72%
KVUE	A	2.69%
DIS	B	2.69%
TRU	D	2.69%
MO	A	2.62%
VEEV	C	2.57%
ALLE	D	2.54%
ZBH	C	2.37%
ADBE	C	2.36%
CPB	D	2.29%
A	D	2.21%
PFE	D	2.1%
IFF	D	2.06%
NKE	D	2.05%
BA	F	1.87%
HII	D	1.82%
FTNT	C	1.73%
EL	F	1.56%
SCHW	B	1.51%
WDAY	B	1.44%
CLX	B	1.44%
WAT	B	1.4%
GOOGL	C	1.39%
IEX	B	1.39%
AMZN	C	1.37%
APD	A	1.36%
HON	B	1.35%
SBUX	A	1.33%
NOC	D	1.32%
CMCSA	B	1.3%
MAS	D	1.29%
OTIS	C	1.29%
RTX	C	1.25%
UPS	C	1.24%
ROK	B	1.24%
KEYS	A	1.23%
MSFT	F	1.21%
EFX	F	1.2%
LRCX	F	1.17%
NXPI	D	1.16%
GEHC	F	1.14%
TMO	F	1.04%
MCHP	F	1.02%
TER	D	0.97%
ETSY	D	0.91%

MOAT Underweight 102 Positions Relative to NANR

Symbol	Grade	Weight
XOM	B	-10.3%
CVX	A	-7.01%
FCX	D	-4.37%
NEM	D	-3.41%
COP	C	-3.38%
NUE	C	-2.47%
EOG	A	-2.0%
SW	A	-1.69%
ADM	D	-1.59%
SLB	C	-1.58%
STLD	B	-1.45%
MPC	D	-1.43%
PSX	C	-1.42%
WY	D	-1.38%
PKG	A	-1.3%
RS	B	-1.24%
IP	B	-1.22%
VLO	C	-1.2%
BKR	B	-1.09%
HES	B	-1.03%
CF	B	-0.97%
AVY	D	-0.97%
AMCR	D	-0.9%
OXY	D	-0.87%
FANG	D	-0.83%
BG	F	-0.79%
AA	B	-0.76%
HAL	C	-0.69%
EQT	B	-0.67%
RGLD	C	-0.67%
TPL	A	-0.66%
CRS	A	-0.62%
DVN	F	-0.62%
INGR	B	-0.56%
GPK	C	-0.53%
MOS	F	-0.51%
ATI	D	-0.49%
CTRA	B	-0.49%
CMC	B	-0.48%
LPX	B	-0.45%
MRO	B	-0.42%
FMC	D	-0.42%
DAR	C	-0.41%
CLF	F	-0.37%
WFG	D	-0.32%
SEE	C	-0.31%
FTI	A	-0.31%
SON	D	-0.3%
OVV	B	-0.28%
RYN	D	-0.25%
AR	B	-0.24%
HCC	B	-0.24%
HL	D	-0.23%
CHRD	D	-0.21%
APA	D	-0.21%
RRC	B	-0.21%
AMR	C	-0.2%
PR	B	-0.2%
PCH	D	-0.2%
SMG	D	-0.19%
CDE	D	-0.18%
SLVM	B	-0.18%
MP	B	-0.17%
MTDR	B	-0.17%
NOV	C	-0.16%
DINO	D	-0.16%
MTRN	B	-0.16%
CNX	A	-0.15%
WFRD	D	-0.15%
MGY	A	-0.13%
SM	B	-0.13%
MUR	D	-0.12%
CIVI	D	-0.12%
WHD	B	-0.11%
NOG	A	-0.1%
UEC	B	-0.09%
KALU	B	-0.09%
AROC	B	-0.09%
CRC	A	-0.09%
WS	B	-0.09%
VAL	D	-0.08%
RIG	D	-0.08%
CEIX	A	-0.08%
PBF	D	-0.08%
HP	B	-0.08%
PTEN	C	-0.07%
LBRT	D	-0.07%
OII	B	-0.07%
BTU	B	-0.07%
TDW	F	-0.06%
TALO	C	-0.05%
KOS	F	-0.05%
CRGY	B	-0.05%
HLX	B	-0.04%
GPOR	B	-0.04%
WKC	D	-0.04%
WTTR	B	-0.03%
DK	C	-0.03%
XPRO	F	-0.03%
AESI	B	-0.03%
PDS	C	-0.02%
PARR	D	-0.02%