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 |
|---|---|---|---|---|
| TPL | Texas Pacific Land Trust | Energy | Oil & Gas E&P | 3.21% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 2.77% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 2.67% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.59% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 2.54% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.46% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 2.42% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.32% |
| CL | Colgate-Palmolive Company | Consumer Defensive | Household & Personal Products | 2.32% |
| KLAC | KLA Corporation | Technology | Semiconductor Equipment & Materials | 2.32% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 2.29% |
| JBL | Jabil Circuit Inc | Technology | Electronic Components | 2.24% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.22% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 2.21% |
| MO | Altria Group | Consumer Defensive | Tobacco | 2.19% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 2.18% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 2.17% |
| YUM | Yum! Brands Inc | Consumer Cyclical | Restaurants | 2.16% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 2.16% |
| PEP | PepsiCo Inc | Consumer Defensive | Beverages - Non-Alcoholic | 2.09% |