By Coulter Regal, CFA Associate Product Manager The Morningstar Wide Moat Focus Index remains ahead of the S&P 500 year-to-date, though was not immune to September’s turbulence, performing in line with the S&P 500 for the month. The September Effect, referring to the historically weak stock market returns observed during the month, once again proved statistically [...] The post Moat Investing: Don’t Ignore Valuations appeared first on ETF Trends .