‘MOAT’ ETF Punching Above Its Tech Weight
This article was originally published on ETFTrends.com.
Nowadays, it seems like the miracle elixir to cure any ailing portfolio is to sprinkle in some technology FANG stocks–Facebook, Amazon, Netflix, Google–and all is well. However, ETFs like the VanEck Vectors Morningstar Wide Moat ETF (NYSEArca: MOAT) have managed to outperform the S&P 500 the past three months, punching well above its weighting in tech stocks. [...]