Valuations Steer Moat Index’s Contrarian Bias

By Brandon Rakszawski, Director of Product Management The Moat Index maintains its value bias and Mag 7 underweight following its latest quarterly rebalance. The Morningstar® Wide Moat Focus IndexSM (the “Moat Index” or “Index”) underwent its quarterly review on June 21, 2024. The Index’s review process systematically targets attractively priced, high quality U.S. companies. Below are some [...] The post Valuations Steer Moat Index’s Contrarian Bias appeared first on ETF Trends .