VanEck Morningstar Wide Moat (AUD Hedged) ETF (MHOT) Review & Analysis

MER · #309 of 514AUM · #382 of 5081Y Return · Top 50%

What's new this monthData to 30 September 2026

−7.2% in September (total return), behind the median international shares ETF at +0.0%.
The unit price closed the month at $123.14, 16% below its 12-month high (range $119.08 to $147.18).

About MHOT

MHOT is an international shares ETF from VanEck, listed on the ASX since November 2023. With $31m under management it is number 191 of 254 international shares ETFs by size. The management fee is 0.52% a year, about $52 on every $10,000 invested, cheaper than the typical international shares ETF at 0.55%.

Its largest holdings are Danaher Corp, Tyler Technologies Inc and Estee Lauder Cos Inc/The, and the top 10 make up 27% of the fund. By sector it leans towards information technology (25%) and consumer staples (21%).

Over the past year it returned +8.4%, against +10.4% for the median international shares ETF.

MHOT distributions and dividend dates

MHOT pays distributions yearly, usually going ex-distribution in July, with payment about 26 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $20.54 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 27 July 2026. To receive it you need to own MHOT before the ex-date.

Its distribution yield over the past 12 months is about 15.2%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare MHOT Check overlap VanEck website ↗

Compare MHOT with

MHOTvsMOAT

VanEck Morningstar Wide Moat ETF

Fee	0.52%	0.49%
1 year	+8.4%	+3.5%
5 yrs p.a.	–	+8.3%
Size	$31m	$847m

Same holdings100%Near identical

Full comparison →

MHOTvsIHVV

iShares S&P 500 (AUD Hedged) ETF

Fee	0.52%	0.10%
1 year	+8.4%	+15.4%
5 yrs p.a.	–	+10.9%
Size	$31m	$4.3bn

Same holdings16%Very different

Full comparison →

MHOTvsDFGH

Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF

Fee	0.52%	0.36%
1 year	+8.4%	+18.2%
5 yrs p.a.	–	–
Size	$31m	$4.2bn

Same holdingsNo holdings data

Full comparison →

MHOTvsQHAL

VanEck MSCI International Quality (AUD Hedged) ETF

Fee	0.52%	0.43%
1 year	+8.4%	+16.5%
5 yrs p.a.	–	+9.7%
Size	$31m	$2.7bn

Same holdings16%Very different

Full comparison →

MHOT price by TradingView

Stock Code	MHOT
Fund Manager	VanEck
Asset Class	International shares
AUM	$31m
MER (%)	0.52%
Net flows (Sep)	$0.0m
Last Price	$123.14
52-Week Range	$119.08 – $147.18
Bid/Ask Spread	0.24%
Listing Date	09/11/2023
Exchange	ASX
Index tracked	Morningstar Wide Moat Focus Index (hedged)
Issuer website	VanEck ↗

Performance (% return)

1 month−7.2%

1 year+8.4%

3 years p.a.–

5 years p.a.–

$10,000 invested…

1 year ago$10,839

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

MHOT at a glance: strengths and things to watch

👍 Strengths

Nothing stands out against its category.

⚠️ Things to watch

Small fund. With $31m under management, it is more at risk of being closed or merged than larger funds, and trading can be thinner.
Short track record. Listed in November 2023, so it hasn't been tested through a full market cycle.

Worked out from MHOT's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

etfadviserTrend check

Base since 15 Oct 2026

MHOT is in a base. Here's why that matters.

MHOT's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 days How base and trend works →See every ETF's stage →Visit etfadviser.com.au →

UptrendBaseDowntrend

MHOT weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

💡 Cheaper twin

MOAT holds 100% of the same companies as MHOT for 0.03% a year less, which is $30 a year on $100,000. See all cheaper alternatives to MHOT →

Investment Focus

Exposure Regions

Themes & Sectors

Currency hedged

Portfolio Breakdown

Top 10 holdings (26.5% of the fund)

Symbol	Company	% assets
DHR		2.80%
TYL		2.80%
EL		2.75%
MSFT		2.71%
GEHC		2.70%
BR		2.62%
HII		2.58%
BF		2.54%
OTIS		2.53%
KVUE		2.51%

Sector breakdown

Information Technology25.0%
Consumer Staples20.7%
Industrials16.5%
Health Care13.9%
Consumer Discretionary13.4%
Financials5.7%
Communication Services4.8%

Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 55 positions, covering 100% of the fund. Compare MHOT's holdings with other ETFs →

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

Code	Name	Same holdings	MER	AUM	1Y	3Y p.a.	5Y p.a.
MOAT	VanEck Morningstar Wide Moat ETF	100%	0.49%	$847m	+3.5%	+9.5%	+8.3%
IHVV	iShares S&P 500 (AUD Hedged) ETF Currency hedged	16%	0.10%	$4.3bn	+15.4%	+21.0%	+10.9%
DFGH	Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF Currency hedged	–	0.36%	$4.2bn	+18.2%	–	–
QHAL	VanEck MSCI International Quality (AUD Hedged) ETF Currency hedged	16%	0.43%	$2.7bn	+16.5%	+17.8%	+9.7%
IHOO	iShares Global Aud Hedged 100 ETF Currency hedged	11%	0.43%	$913m	+21.8%	+24.7%	+14.8%
QHSM	VanEck MSCI International Small Companies Quality (AUD Hedged) ETF Currency hedged	1%	0.62%	$262m	+4.2%	–	–

Same holdings is the share of MHOT's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like MHOT →

MHOT vs its closest alternatives

What actually differs between MHOT and the ETFs most like it. Data to 30 Sep 2026.

MOAT VanEck Morningstar Wide Moat ETF

They share 100% of their holdings: largely the same companies.
MOAT is cheaper (0.49% vs 0.52%), worth about $1,983 on $100,000 over 20 years.
Over 1 year: MHOT +8.4%, MOAT +3.5% (MHOT ahead by 4.9 percentage points).
MOAT is much larger ($847m vs $31m), which usually means tighter trading spreads.
Different structure: MHOT is currency hedged, MOAT is a standard fund.

Compare MHOT and MOAT side by side →

IHVV iShares S&P 500 (AUD Hedged) ETF

They share 16% of their holdings: mostly different companies.
IHVV is cheaper (0.10% vs 0.52%), worth about $28,756 on $100,000 over 20 years.
Over 1 year: MHOT +8.4%, IHVV +15.4% (IHVV ahead by 7.0 percentage points).
IHVV is much larger ($4.3bn vs $31m), which usually means tighter trading spreads.

Compare MHOT and IHVV side by side →

DFGH Dimensional Global Core Equity Trust (AUD Hedged Class) – Active ETF

DFGH is cheaper (0.36% vs 0.52%), worth about $10,702 on $100,000 over 20 years.
Over 1 year: MHOT +8.4%, DFGH +18.2% (DFGH ahead by 9.8 percentage points).
DFGH is much larger ($4.2bn vs $31m), which usually means tighter trading spreads.

Compare MHOT and DFGH side by side →

General information only. Past performance is not a reliable indicator of future performance.

MHOT FAQs

What is the fee for MHOT?

MHOT charges a management fee (MER) of 0.52% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is MHOT?

MHOT had $31m in funds under management as at 30 September 2026.

How has MHOT performed?

MHOT returned +8.4% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages MHOT?

MHOT is managed by VanEck and has been listed since November 2023.

Is MHOT franked?

Generally no. MHOT invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does MHOT hold?

MHOT's largest holdings are Danaher Corp (2.8%), Tyler Technologies Inc (2.8%), Estee Lauder Cos Inc/The (2.8%), Microsoft Corp (2.7%), GE HealthCare Technologies Inc (2.7%). It holds about 55 investments in total. The biggest sector is information technology at 25%. Holdings as at 30 October 2026.

Is MHOT currency hedged?

Yes. MHOT is currency hedged, so changes in the Australian dollar have little effect on its returns. You get the return of the underlying investments in their local currency, less a small cost of hedging.

Is there a cheaper alternative to MHOT?

Yes. MOAT (VanEck Morningstar Wide Moat ETF) holds about 100% of the same companies and charges 0.49% a year, against 0.52% for MHOT. Note that MOAT is not currency hedged, so its returns will differ when the Australian dollar moves. Check the index and size before switching, and remember selling may trigger capital gains tax.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the VanEck product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.