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 | 2.84% |
| HII | Huntington Ingalls Industries Inc | Industrials | Aerospace & Defense | 2.77% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 2.68% |
| ALLE | Allegion PLC | Industrials | Security & Protection Services | 2.65% |
| BA | The Boeing Company | Industrials | Aerospace & Defense | 2.63% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 2.63% |
| MPWR | Monolithic Power Systems Inc | Technology | Semiconductors | 2.61% |
| MKTX | MarketAxess Holdings Inc | Financial Services | Capital Markets | 2.51% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 2.50% |
| TRU | TransUnion | Financial Services | Financial Data & Stock Exchanges | 2.48% |
| TER | Teradyne Inc | Technology | Semiconductor Equipment & Materials | 2.45% |
| NXPI | NXP Semiconductors NV | Technology | Semiconductors | 2.45% |
| A | Agilent Technologies Inc | Healthcare | Diagnostics & Research | 2.40% |
| WST | West Pharmaceutical Services Inc | Healthcare | Medical Instruments & Supplies | 2.38% |
| DHR | Danaher Corporation | Healthcare | Diagnostics & Research | 2.37% |
| PFE | Pfizer Inc | Healthcare | Drug Manufacturers - General | 2.35% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.34% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 2.33% |
| IEX | IDEX Corporation | Industrials | Specialty Industrial Machinery | 2.32% |
| UPS | United Parcel Service Inc | Industrials | Integrated Freight & Logistics | 2.30% |