Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs MOAT: how they differ
GARP and MOAT hold 17% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and VanEck Morningstar Wide Moat ETF.
What they hold in common
By the books each fund has filed, GARP and MOAT hold 17% of their money in the same securities at the same weight.
| Holding | GARP | MOAT |
|---|---|---|
| NVIDIA CORP | 4.16% | 2.45% |
| BROADCOM INC | 3.96% | 2.43% |
| FORTINET INC | 3.16% | 2.21% |
| MICROSOFT CORP | 4.10% | 2.20% |
| AMPHENOL CORP | 1.52% | 1.50% |
| AMAZON.COM INC | 1.49% | 1.33% |
| MERCADOLIBRE INC | 1.40% | 1.28% |
| META PLATFORMS INC | 3.35% | 1.17% |
| AIRBNB INC | 1.10% | 2.56% |
| PALO ALTO NETWORKS INC | 0.65% | 2.51% |
| CHIPOTLE MEXICAN GRILL INC | 0.40% | 1.42% |
| DATADOG INC | 0.19% | 2.44% |
| Only in GARP | Only in MOAT |
|---|---|
| KLA CORP 6.46% | Masco Corp 2.96% |
| MICRON TECHNOLOGY INC 6.07% | Kenvue Inc 2.59% |
| APPLE INC 4.44% | Brown-Forman Corp 2.49% |
| LAM RESEARCH CORP 3.79% | Charles Schwab Corp/The 2.45% |
| ELI LILLY & COMPANY 3.73% | Bristol-Myers Squibb Co 2.43% |
| VISA INC 3.73% | Danaher Corp 2.41% |
| ALPHABET INC 2.88% | Veeva Systems Inc 2.41% |
| NETFLIX INC 2.85% | Applied Materials Inc 2.34% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.
| GARP iShares MSCI USA Quality GARP ETF | MOAT VanEck Morningstar Wide Moat ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | VanEck |
| What it is | MSCI USA Quality GARP | Morningstar Wide Moat |
| Total return, 1 year | +29.5% | +11.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | −6.2 pts |
| Expense ratio | 0.15% | 0.46% |
| Already in the S&P 500 | 94.4% | 91.6% |
| Holdings | 131 | 55 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
MOAT in plain words
MOAT is an index equity fund tracking the Morningstar Wide Moat. Over the year to Sep 11, 2026 it returned +11.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.46% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 55 positions, with the top ten at 25.3%. It sat 5.7% below its high of Aug 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or MOAT?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and MOAT returned +11.3%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or MOAT?
- GARP charges 0.15% a year and MOAT charges 0.46%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and MOAT overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 92% of MOAT by weight is stocks the S&P 500 already holds. Between the two funds, 17% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against MOAT, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-MOAT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources