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 |
|---|---|---|---|---|
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 3.93% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 3.67% |
| KLAC | KLA Corporation | Technology | Semiconductor Equipment & Materials | 3.59% |
| FTNT | Fortinet Inc | Technology | Software - Infrastructure | 3.24% |
| JBL | Jabil Circuit Inc | Technology | Electronic Components | 2.99% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 2.98% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.77% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.46% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 2.42% |
| TPL | Texas Pacific Land Corporation | Energy | Oil & Gas E&P | 2.27% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 2.25% |
| SBUX | Starbucks Corporation | Consumer Cyclical | Restaurants | 2.23% |
| MO | Altria Group | Consumer Defensive | Tobacco | 2.22% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.20% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 2.15% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 2.14% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 2.13% |
| VRSN | VeriSign Inc | Technology | Software - Infrastructure | 2.10% |
| CL | Colgate-Palmolive Company | Consumer Defensive | Household & Personal Products | 2.10% |
| INTU | Intuit Inc | Technology | Software - Application | 2.06% |