The index re-balances frequently, with a stock remaining in the index an average of 3 months. Over time, the index and the ETF have proven to be about 20% more volatile than the S&P 500.

Market Vectors Morningstar Wide Moat ETF

Advisors or investors interested in a more in-depth analysis of the fund may want to listen in on the webcast “Why Moats Matter: Companies with Competitive Advantages.”

Registration is easy.

Tisha Guerrero contributed to this article.