FITZ vs MOTG

FITZBFitz-Gerald Must Have Portfolio ETF

MOTGBVanEck Morningstar Global Wide Moat ETF

In short

FITZ Most quality funds hand you a rules-based moat screen. FITZ hands you one analyst's playbook: four decades of thematic research, actively managed around the structural forces reshaping the global economy.

MOTG The global side of VanEck's moat franchise: roughly 80 companies Morningstar rates as having wide competitive advantages, then screened again for the biggest discounts to Morningstar's own fair value estimates.

Stated mandate

FITZ The Fund seeks total returns through an actively managed portfolio invested primarily in equity securities selected using the proprietary Must Have Portfolio framework. The strategy uses thematic research focused on long-term structural changes and companies with durable profit potential.

MOTG The fund provides exposure to companies with Morningstar Economic Moat ratings of wide, emphasizing those trading at the lowest current market price-to-fair-value ratios.

Why people hold it

• FITZ Built on Keith Fitz-Gerald's proprietary Must Have Portfolio framework, drawn from 40-plus years of research, run as an actively managed equity fund seeking total returns.sec.gov
• Themes cut across sectors (digitalization, defense, supply-chain dislocation) instead of sorting by industry bucket, so the book can look nothing like a standard moat index.x.combusinesswire.com
• At 0.75% it sits right at the median for active global-quality funds, under Fundsmith's ETFT (1.00%) and Sapient's SQS (0.80%).
• Among the smoother-trading names in its small peer group, listed on a US exchange with a standard creation and redemption process.nasdaqtrader.com

• MOTG Two screens, not one: a wide moat rating first, then the widest discount to Morningstar's fair value estimate. Quality gets pricey; this one insists on paying less for it.vaneck.com
• At 0.52% a year, it undercuts the median fee in its global active-equity peer group (0.69%).
• Roughly 80 stocks drawn worldwide, so the moats aren't all American. Portfolio construction is one of its stronger suits inside the peer group.
• Live since 2018, so the record reflects real market history rather than a backtest.

Worth knowing

• FITZ 0.75% is well above the cheapest moat option in the group, MOTG at 0.52%, and you are paying for one manager's judgment rather than an index.
• Launched in 2026, so there is little live history behind the framework and risk measures rest on a thin record.
• Deliberately concentrated and non-diversified, so single holdings can move the fund more than in a broad index.nasdaqtrader.comx.com

• MOTG Small and thinly traded, which typically means wider bid/ask spreads than mainstream global funds.
• Cheaper than the peer median, not cheap outright: broad global funds like GSWO (0.15%) and DFAW (0.24%) charge less than half.
• Distributions come annually or semiannually, so it isn't built as a steady income stream.

Full FITZ profile⁠

Full MOTG profile⁠