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 |
|---|---|---|---|---|
| VRSN | VeriSign Inc | Technology | Software - Infrastructure | 2.61% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 2.55% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 2.42% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.39% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 2.39% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 2.36% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 2.35% |
| YUM | Yum! Brands Inc | Consumer Cyclical | Restaurants | 2.35% |
| AZO | AutoZone Inc | Consumer Cyclical | Specialty Retail | 2.33% |
| ORLY | O’Reilly Automotive Inc | Consumer Cyclical | Specialty Retail | 2.29% |
| KMB | Kimberly-Clark Corporation | Consumer Defensive | Household & Personal Products | 2.24% |
| PAYX | Paychex Inc | Technology | Software - Application | 2.24% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 2.17% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.16% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 2.15% |
| OTIS | Otis Worldwide Corp | Industrials | Specialty Industrial Machinery | 2.15% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.10% |
| JBL | Jabil Circuit Inc | Technology | Electronic Components | 2.09% |
| ADP | Automatic Data Processing Inc | Technology | Software - Application | 2.09% |
| CL | Colgate-Palmolive Company | Consumer Defensive | Household & Personal Products | 2.07% |