At the sector level, MOTI is heavily allocated to financial services names with that sector commanding nearly 49% of the ETF’s weight. Materials at almost 12% is the only other sector to garner a double-digit allocation. Consumer discretionary and staples names combine for just over 15% of MOTI’s weight, according to Market Vectors data.
Familiar individual names in MOTI’s lineup include State Bank of India, Unilever (NYSE: UN), America Movil (NYSE: AMX), Westpac Banking, Nestle (PK: NSRGY), Potash Corp. (NYSE: POT), HSBC (NYSE: HBC) and all of Canada’s major banks. [Canada ETF Back on Track with Economy Recovering]
MOAT’s methodology has clearly been embraced by investors. The ETF has swelled to nearly $881 million in assets under management in just over three years of trading. MOTI’s annual expense ratio is 0.56%.
MOTI Sector Weights
Chart Courtesy: Market Vectors