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 |
|---|---|---|---|---|
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.46% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 2.44% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 2.42% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 2.24% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 2.23% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 2.21% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 2.17% |
| ZTS | Zoetis Inc | Healthcare | Drug Manufacturers - Specialty & Generic | 2.17% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.13% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.13% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 2.12% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 2.11% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 2.09% |
| MTD | Mettler-Toledo International Inc | Healthcare | Diagnostics & Research | 2.09% |
| YUM | Yum! Brands Inc | Consumer Cyclical | Restaurants | 2.08% |
| INTU | Intuit Inc | Technology | Software - Application | 2.06% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 2.06% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.05% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 2.05% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.02% |