ETF comparison

MOAT vs SPY

Quality Factor vs US Large Cap.

VanEck Morningstar Wide Moat ETF · State Street SPDR S&P 500 ETF Trust

Holdings overlap

Weighted by ISIN/CUSIP
14.3 %

52 positions appear in both funds. Buying equal dollars of MOAT and SPY would leave roughly 14.3% of each dollar exposed to the same underlying securities.

MOAT only 85.7% Shared 14.3% SPY only 85.7%
In MOAT only
6 positions
Shared
52 positions
In SPY only
452 positions

Side by side

MOAT

VanEck Morningstar Wide Moat ETF

VanEck · Quality Factor

75 composite / 100
Expense ratio
0.46%
Net assets
$11.62B
TTM yield
1.32%
Top-10 conc.
26.8%
SPY

State Street SPDR S&P 500 ETF Trust

State Street · US Large Cap

88 composite / 100
Expense ratio
0.094%
Net assets
$781.19B
TTM yield
1.00%
Top-10 conc.
37.5%

Sub-score comparison

54
Cost
91
85
Tax efficiency
89
100
Liquidity
100
76
Concentration
61
Tracking quality
MOAT sub-score SPY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPY is 37 bps cheaper than MOAT. On a $100,000 position that's about $366/yr more in fees for MOAT.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with MOAT vs SPY.

Top shared holdings

52 shared in total
# Holding In MOAT In SPY Overlap
1 NVIDIA Corp 2.50% 7.44% 2.50%
2 Microsoft Corp 2.22% 4.44% 2.22%
3 Amazon.com Inc 1.31% 3.68% 1.31%
4 Broadcom Inc 1.20% 2.72% 1.20%
5 Meta Platforms Inc 1.14% 2.09% 1.14%
6 Applied Materials Inc 1.35% 0.80% 0.80%
7 Palo Alto Networks Inc 1.30% 0.44% 0.44%
8 Oracle Corp 0.90% 0.38% 0.38%
9 PepsiCo Inc 1.41% 0.30% 0.30%
10 Thermo Fisher Scientific Inc 1.29% 0.30% 0.30%
11 Boeing Co/The 1.32% 0.27% 0.27%
12 Walt Disney Co/The 1.20% 0.26% 0.26%

Only in MOAT

6 total
  • NXP Semiconductors NV 2.42%
  • LPL Financial Holdings Inc 2.38%
  • TransUnion 2.37%
  • Entegris Inc 1.34%
  • MarketAxess Holdings Inc 1.20%
  • State Street Global Advisors 0.10%

Only in SPY

452 total
  • APPLE INC 6.72%
  • ALPHABET INC CL A 3.29%
  • ALPHABET INC CL C 2.63%
  • TESLA INC 1.86%
  • MICRON TECHNOLOGY INC 1.81%
  • ELI LILLY + CO 1.47%
  • BERKSHIRE HATHAWAY INC CL B 1.42%
  • JPMORGAN CHASE + CO 1.39%
  • ADVANCED MICRO DEVICES 1.37%
  • JOHNSON + JOHNSON 0.95%

Open MOAT or SPY at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.