MOAT’s almost 25% is also better than the average 22.8% return generated by Bank of New York Mellon and Berkshire’s “B” shares and the ETF simply trounced the market-lagging 4.4% return of Coca-Cola, one of Berkshire’s largest equity holdings.
MOAT has also notched a solid year despite Oracle (NYSE: ORCL) and Excelon (NYSE: EXC) both residing in the red.
It looks like health care did the trick for MOAT in 2013. That sector, which has outperformed the S&P 500 this year, is MOAT’s largest sector weight at 21%, more than 500 basis points ahead of financial services. [Health Care ETFs Beating S&P 500 in 2013]
Market Vectors Wide Moat ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of MOAT.