MOTE

VanEck Morningstar ESG Moat ETF seeks to track as closely as possible, before fees and expenses, the price and yield performance of the Morningstar US Sustainability Moat Focus IndexSM (the "US Sustainability Moat Focus Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The US Sustainability Moat Focus Index provides exposure to attractively valued companies with long-term competitive advantages while excluding those companies with high environmental, social and governance ("ESG") risks. The fund is non-diversified.