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MOAT vs VONV

VanEck Morningstar Wide Moat ETF

MOATCCboe

Vanguard Russell 1000 Value ETF

VONVANasdaq

Overlap

Expense ratio

VONV −0.40pt a year

MOAT0.46%VONV0.06%

Avg volume · 30D

VONV 1.5×the volume

MOAT524KVONV774K

10Y return · a year

MOAT +2.4pt

MOAT+14.4%VONV+12.0%

MOAT vs VONV Performance

Oct 29, 2021 – Oct 30, 2026

+56.9%MOAT+73.8%VONV

Oct 29, 2021 to Oct 30, 2026. MOAT +56.9%. VONV +73.8%. Use the arrow keys to read each point.−20%0%20%40%Oct 2021Apr 2024Oct 2026
Expense ratio
MOAT 0.46%
VONV 0.06%, better
Fund size
MOAT $11.8B
VONV $23.3B
1Y total return
MOAT +12.0%
VONV +28.5%, better
Yield (12M)
MOAT 1.25%
VONV 1.53%, better
Holdings
MOAT 56
VONV 873
Avg volume (30D)
MOAT 524K sh
VONV 774K sh, better
NAV per share
MOAT $112.36
VONV $113.44
52W range

ETF.net Grade

MOAT: Cost 28, Risk 31, Mission 69, Tradability 96, Holdings 44, Durability 83. VONV: Cost 96, Risk 86, Mission 100, Tradability 60, Holdings 49, Durability 93.
Pillar letters and Scores for MOAT, VONV, with each pillar’s weight
PillarMOATVONV
Cost30% weightD28A96Higher
Mission25% weightB69A100Higher
Risk15% weightD31A86Higher
Tradability15% weightA96HigherB60
Holdings10% weightC44C49Higher
Durability5% weightA83A93Higher

Rank among US Multifactor funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MOAT and VONV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds
See all 99 ›

VONV ranks 1st and MOAT 53rd of 99 funds in the US Multifactor Category.

  1. Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
  2. Rank 2AILCViShares Morningstar Value ETFScore 81
  3. Rank 53CFTCSFirst Trust Capital Strength ETFScore 53
  4. Rank 53CMOATVanEck Morningstar Wide Moat ETFScore 53
  5. Rank 53BSEUSSEI QiM U.S. Equity Factor Allocation Active ETFScore 53

Our read on each fund

ETF.net Research

MOATCVanEck Morningstar Wide Moat ETF

VONVAVanguard Russell 1000 Value ETF

In short

MOAT Analyst judgment, not just a formula. MOAT holds about 60 US companies that Morningstar's equity research flags as having durable competitive advantages, and it only buys the ones the research also calls attractively priced.

VONV The plain-vanilla value trade, done cheap: about 900 large US value stocks, full replication of the Russell 1000 Value Index, 0.06% a year. No factor cocktail, no premium price tag, and one of the strongest implementations in its factor peer group.

Stated mandate

MOAT MOAT seeks to replicate the price and yield performance of the Morningstar Wide Moat Focus Index, which targets attractively priced companies with sustainable competitive advantages identified through Morningstar equity research.

VONV The fund seeks to track the Russell 1000 Value Index, representing large-capitalization value stocks in the United States. It uses passive indexing and full replication to remain closely aligned with that benchmark.

Why people hold it

  • MOAT Two gates, not one: a company needs a sustainable competitive advantage from Morningstar's research and an attractive price. Quality alone doesn't earn a slot.
  • Running since 2012 and now a multi-billion-dollar fund, so the strategy has been through several full market cycles with real money behind it.
  • Actively traded and among the easier funds in its multifactor peer group to move in and out of at tight spreads.
  • Sticks to its stated job: a US equity index fund built on the quality-plus-value screen it advertises, sitting in the upper half of a 100-plus fund cohort.
  • VONV 0.06% a year, a fraction of the typical fee among factor ETFs. On a rules-based value index there is little room for cleverness, so cost does most of the work.vanguard.com
  • Full replication, not sampling: it owns the index's roughly 900 names and has stayed tightly aligned with the Russell 1000 Value benchmark since launching in 2010.
  • Same Russell benchmark as pricier rivals for less: the Goldman MarketBeta version (GVUS) charges 0.12% to track the identical value index.
  • A multi-billion-dollar fund that trades actively, among the easiest in its group to get in and out of, and it distributes quarterly.

Worth knowing

  • MOAT 0.46% a year is real money next to plain value beta: VONV charges 0.06% and VYM 0.04%. Analyst-driven research carries a price tag.
  • About 60 names, chosen on valuation. That is a portfolio built to look different from the broad market, in both directions.
  • Distributions come annually or semiannually, so it isn't built as a regular income stream.
  • VONV One screen, one style. Value only, with no quality or momentum overlay, so the ride follows the value side of the market wherever it goes.vanguard.com
  • This is the entire value bucket, not a best-ideas portfolio. About 900 holdings means results hug the large-cap value category rather than stray from it.
  • Cheaper exists nearby: Vanguard's VYM charges 0.04%, but it screens for dividend yield, a different portfolio than a Russell value index.

Full MOAT profile⁠

Full VONV profile⁠

MOAT vs VONV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MOAT vs VONV Cost

Overpaying MOAT vs VONV

$7,960

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MOAT 0.46%

    $9,230

  • VONV 0.06%

    $1,270

$10,000
30 years

Cost over time

  • MOAT 0.46%
  • VONV 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530MOAT $9,230VONV $1,270

Year by year

YearMOATVONVOverpaying
10$830$110$720
20$3,195$432$2,763
30$9,230$1,270$7,960

Expense ratio

  • 0.46%MOAT
  • 0.06%VONV, cheaper
  • Middle half of US Multifactor funds
  • Median 0.29%

VONV 4th cheapest of 99 funds

MOAT 72nd cheapest of 99 funds

MOAT vs VONV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MOAT 1.25%
VONV 1.53%, better
Payout (12M)
MOAT $1.40
VONV $1.74
Last payment
MOAT $1.40
VONV $0.42
Ex-dividend
MOAT Dec 22, 2025
VONV Sep 23, 2026
Paid on
MOAT Dec 26, 2025
VONV Sep 25, 2026
Frequency
MOAT Annual
VONV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

MOATAnnual · 9 paymentsAll MOAT payments⁠
One bar per payment. 9 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.46; Dec 20, 2018 $0.74; Dec 23, 2019 $0.72; Dec 21, 2020 $0.90; Dec 20, 2021 $0.82; Dec 19, 2022 $0.81; Dec 18, 2023 $0.73; Dec 23, 2024 $1.27; Dec 22, 2025 $1.40. Use the arrow keys to read each point.$0$12017202020232026YTD
VONVQuarterly · 39 paymentsAll VONV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.21; Jun 28, 2017 $0.29; Sep 27, 2017 $0.34; Dec 14, 2017 $0.34; Mar 22, 2018 $0.24; Jun 28, 2018 $0.32; Sep 26, 2018 $0.33; Dec 13, 2018 $0.35; Mar 25, 2019 $0.29; Jun 21, 2019 $0.32; Sep 26, 2019 $0.38; Dec 16, 2019 $0.39; Mar 26, 2020 $0.36; Jun 25, 2020 $0.32; Sep 11, 2020 $0.28; Dec 17, 2020 $0.39; Mar 26, 2021 $0.26; Jun 29, 2021 $0.27; Sep 29, 2021 $0.33; Dec 16, 2021 $0.37; Mar 24, 2022 $0.30; Jun 29, 2022 $0.37; Sep 28, 2022 $0.38; Dec 15, 2022 $0.42; Mar 23, 2023 $0.32; Jun 23, 2023 $0.35; Sep 21, 2023 $0.39; Dec 19, 2023 $0.46; Mar 21, 2024 $0.33; Jun 27, 2024 $0.39; Sep 26, 2024 $0.44; Dec 23, 2024 $0.44; Mar 25, 2025 $0.38; Jun 20, 2025 $0.40; Sep 24, 2025 $0.40; Dec 22, 2025 $0.49; Mar 24, 2026 $0.41; Jun 18, 2026 $0.41; Sep 23, 2026 $0.42. Use the arrow keys to read each point.$0$12017202020232026YTD

MOAT vs VONV Risk

Fall from peak · 5 years

  • MOAT
  • VONV
Oct 29, 2021 to Oct 30, 2026. Worst fall: MOAT −23.9% · Oct 2022. Use the arrow keys to read each point.−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
MOAT 14.7%VONV 12.1%, better
Return per unit of riskSharpe ratio, 3 years
MOAT 0.86VONV 1.43, better
Worst fallMax drawdown, 5 years
MOAT −23.9%VONV −18.9%, better
Market sensitivityBeta, 5 years
MOAT 0.92VONV 0.85

MOAT and VONV in the news

All news⁠

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