VanEck has launched the VanEck Morningstar ESG Moat ETF.

The ETF will provide exposure to US companies that Morningstar believes possess long-term competitive advantages, or “moats”, that have been screened for ESG risks. It will track the Morningstar US Sustainability Moat Focus Index which targets companies that, according to Morningstar’s equity research team, are attractively priced. It also uses Sustainalytics ESG risk analysis to screen for companies with better ESG risks and excludes companies involved in products widely viewed as controversial.