This fund has a very high-quality portfolio. About 93% of its investments are in companies that have economic moats: firms that Morningstar equity analysts believe have durable competitive advantages.
This ETF is one of the most actively traded securities on the market, and its holdings are also very liquid. Thus, bid-ask spreads should remain tight and tracking error should remain negligible.
With an expense ratio of 0.20%, this fund is inexpensive on a relative basis. Read more