BATS | ETF
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index.
The index is comprised of securities issued by companies that Morningstar, Inc. (Morningstar) determines to have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors (wide moat companies).
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| EL | Estee Lauder Companies Inc | Consumer Defensive | Household & Personal Products | 3.08% |
| HII | Huntington Ingalls Industries Inc | Industrials | Aerospace & Defense | 2.88% |
| BA | The Boeing Company | Industrials | Aerospace & Defense | 2.87% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.87% |
| ALLE | Allegion PLC | Industrials | Security & Protection Services | 2.63% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 2.60% |
| MPWR | Monolithic Power Systems Inc | Technology | Semiconductors | 2.59% |
| TER | Teradyne Inc | Technology | Semiconductor Equipment & Materials | 2.54% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 2.54% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 2.53% |
| TRU | TransUnion | Financial Services | Financial Data & Stock Exchanges | 2.50% |
| NXPI | NXP Semiconductors NV | Technology | Semiconductors | 2.48% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.45% |
| A | Agilent Technologies Inc | Healthcare | Diagnostics & Research | 2.36% |
| PFE | Pfizer Inc | Healthcare | Drug Manufacturers - General | 2.36% |
| MKTX | MarketAxess Holdings Inc | Financial Services | Capital Markets | 2.35% |
| WST | West Pharmaceutical Services Inc | Healthcare | Medical Instruments & Supplies | 2.34% |
| IEX | IDEX Corporation | Industrials | Specialty Industrial Machinery | 2.31% |
| DHR | Danaher Corporation | Healthcare | Diagnostics & Research | 2.27% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 2.25% |