First Trust S&P 500 Economic Moat ETF
EMOT
New York Stock Exchange Arca- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jul 18, 2024
- Website
- ftportfolios.com
- Similar Companies
- Business
- First Trust S&P 500 Economic Moat ETF (EMOT) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield, before the fund's fees and expenses, of the S&P 500 Economic Moat Index. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities comprising the index, which selects the top 50 S&P 500 companies exhibiting long-term competitive advantages based on quantitative measures of sustained high return on capital, gross margins, and market share; these holdings are equally weighted and span sectors such as technology (approximately 39%), consumer cyclical (21%), consumer defensive (15%), healthcare (10%), and communication services (6%), with top positions including Oracle Corp., Lam Research Corp., Tapestry Inc., Alphabet Inc., and Broadcom Inc. EMOT employs a full replication strategy, resulting in significant exposure to large-cap U.S. equities in the large blend style, primarily domiciled in the United States and available for sale in the U.S. and Mexico. Launched on June 26, 2024, by First Trust Advisors L.P., a federally registered investment advisor based in Wheaton, Illinois, the ETF features a net expense ratio of 0.60% and is managed by a team including Roger Testin, Daniel Lindquist, Jon Erickson, David McGarel, Stan Ueland, Chris Peterson, and Erik Russo. The fund's inception marked First Trust's expansion into factor-based indexing focused on economic moats, in collaboration with S&P Dow Jones Indices, emphasizing companies with rigorous, quantitatively-driven competitive edges over peers. As of late 2025, EMOT maintains total net assets of approximately $4.8 million, with portfolio holdings reflecting periodic rebalancing to track the index, including recent adjustments such as positions in Progressive Corp., Verizon Communications Inc., Altria Group Inc., and Texas Pacific Land Corp. No major partnerships, acquisitions, funding rounds, or strategic shifts beyond the launch have been reported in the last 1-2 years, consistent with its passive index-tracking structure. The fund operates without front-end or deferred loads, minimum initial investments, or redemption fees, targeting investors seeking exposure to high-quality S&P 500 constituents with durable moats.