ELEMENTS Linked to the Morningstar Wide Moat Focus Total Return Index (NYSEArca: WMW)
2012: 22.5%
2013: Up 23.1%
Comment: WMW is the ETN version of the popular Market Vectors Wide Moat ETF (NYSEArca: MOAT). MOAT is also up nearly 23% this year, indicating that the wide moat approach, either by ETF or ETN, can work for investors.