NYSE ARCA | ETF
Under normal conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index.
The index is designed to measure the performance of common stock of companies in the S&P 500® Index which are identified as having sustainable competitive advantages, or "an economic moat," as evidenced by their sustained high gross margins, sustained high return on invested capital and high market share.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 2.96% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.95% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 2.74% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 2.64% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 2.39% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.36% |
| ACN | Accenture plc | Technology | Information Technology Services | 2.30% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Specialty Retail | 2.27% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.27% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.25% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 2.24% |
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 2.22% |
| ADP | Automatic Data Processing Inc | Technology | Software - Application | 2.21% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.20% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 2.18% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 2.18% |
| AZO | AutoZone Inc | Consumer Cyclical | Specialty Retail | 2.15% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 2.14% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 2.13% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 2.10% |