An exchange traded fund built on an investing strategy popularized by Warren Buffett is proving its worth once again in 2023. The VanEck Morningstar Wide Moat ETF has a total return of more than 23% year to date, according to FactSet, handily beating the S & P 500 and enhancing an already stellar long-term track record.
has outperformed the SPDR S & P 500 Trust on a 5-year and 10-year basis as well, even accounting for its 0.46% expense ratio. 5Y mountain The VanEck Morningstar Wide Moat ETF has been a long-term outperformer. The fund's current holdings include Amazon , Adobe and Medtronic . was also one of the top 10 ETS by inflows this week, according to FactSet, but its $1.6 billion of inflow was largely mechanical change as a result of a recent index rebalance, said Rakszawski. ETF rebalances can result in a large inflow followed by a large outflow as fund managers look to change the portfolio in the most tax-efficient way, Rakszawski said. But the fund has still brought in an additional $500 million over the past month and about $1.