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 |
|---|---|---|---|---|
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.79% |
| VRSN | VeriSign Inc | Technology | Software - Infrastructure | 2.67% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.60% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 2.54% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 2.43% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 2.42% |
| AZO | AutoZone Inc | Consumer Cyclical | Auto Parts | 2.37% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Auto Parts | 2.35% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 2.32% |
| KMB | Kimberly-Clark Corporation | Consumer Defensive | Household & Personal Products | 2.28% |
| YUM | Yum! Brands Inc | Consumer Cyclical | Restaurants | 2.25% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 2.24% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 2.24% |
| CL | Colgate-Palmolive Company | Consumer Defensive | Household & Personal Products | 2.22% |
| PAYX | Paychex Inc | Technology | Software - Application | 2.18% |
| OTIS | Otis Worldwide Corp | Industrials | Specialty Industrial Machinery | 2.15% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 2.15% |
| JBL | Jabil Circuit Inc | Technology | Electronic Components | 2.15% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.13% |
| PG | Procter & Gamble Company | Consumer Defensive | Household & Personal Products | 2.12% |