INVNvsMOATETF Comparison
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Alger Russell Innovation ETF (INVN) belongs to the US Large Cap segment. VanEck Morningstar Wide Moat ETF (MOAT) is part of the US Multi-Factor segment. INVN's top 3 sector exposures are Technology, Healthcare and Finance. In contrast, MOAT's top sector exposures are Consumer Non-Cyclicals, Technology and Healthcare. INVN is more expensive with a Total Expense Ratio (TER) of 0.95%, versus 0.46% for MOAT. INVN is up 21.13% year-to-date (YTD) with -$6M in YTD flows. MOAT performs worse with 4.56% YTD performance, and +$1.10B in YTD flows. Run a side-by-side ETF comparison of INVN and MOAT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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INVN vs MOAT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/17/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | INVN MOAT | +2.16%-3.24% | +27.32%+6.86% | +21.13%+4.56% | +23.74%+11.84% | n/a+43.21% | n/a+53.98% |
| Flows | INVN MOAT | +$1M+$2.73B | -$2M+$2.35B | -$6M+$1.10B | -$6M+$716M | --$2.30B | -+$2.68B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | INVN MOAT | +28.33%+14.32% | +24.87%+14.13% | n/a+15.71% | n/a+18.40% |
| Max drawdown | INVN MOAT | -6.86%-6.01% | -20.34%-12.41% | n/a-21.39% | n/a-23.94% |
| Max drawdown duration | INVN MOAT | 14d21d | 142d193d | n/a226d | n/a571d |
Trading data
INVN | MOAT | |
Last sale 9/18/2026 at 1:30 PM | $25.84 | $107.57 |
| Previous close 09/17/2026 | $26.23 | $108.27 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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INVN | MOAT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
INVN | MOAT | |
|---|---|---|
| Last price | $25.84 | $107.57 |
| 1D performance | -1.49% | -0.65% |
| AuM | $10.49 M | $14.51 B |
| E/R | 0.95% | 0.46% |
Characteristics
INVN | MOAT | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fred Alger Management | VanEck |
| Benchmark | Alger Russell Innovation Index | Morningstar Wide Moat Focus Index |
| N° of holdings | 50 | 55 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 6, 2025 | April 24, 2012 |
| ESG | No | No |
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Exposure
Countries
INVN
USA
97.93%
Other
2.07%
MOAT
USA
97.35%
Other
2.65%
Sectors
INVN
Technology
59.75%
Healthcare
19.22%
Finance
9.12%
Other
11.91%
MOAT
Consumer Non-Cycl.
22.84%
Technology
22.74%
Healthcare
18.49%
Finance
14.21%
Business Services
7.5%
Other
14.22%
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Diversification
INVN
Total weight of top 15 holdings out of 15
34.02%
MOAT
Total weight of top 15 holdings out of 15
38.04%
Top 15 holdings
Data as of July 31, 2026
INVN
RingCentral, Inc.
2.53%
PayPal Holdings, Inc.
2.48%
Bill Holdings, Inc.
2.46%
Zebra Technologies Corp.
2.39%
Expedia Group, Inc.
2.37%
CCC Intelligent Solutions Holdings, Inc.
2.28%
Regeneron Pharmaceuticals, Inc.
2.24%
Procore Technologies, Inc.
2.22%
HubSpot, Inc.
2.17%
Klaviyo, Inc.
2.17%
Figma, Inc.
2.16%
Block, Inc.
2.15%
DocuSign, Inc.
2.14%
Zscaler, Inc.
2.14%
GitLab, Inc.
2.13%
MOAT
LPL Financial Holdings, Inc.
2.78%
The Charles Schwab Corp.
2.69%
Veeva Systems, Inc.
2.66%
Bristol Myers Squibb Co.
2.65%
Microsoft Corp.
2.64%
Airbnb, Inc.
2.61%
Brown-Forman Corp.
2.58%
Kenvue, Inc.
2.51%
Masco Corp.
2.50%
Mondelez International, Inc.
2.42%
Zimmer Biomet Holdings, Inc.
2.42%
Datadog, Inc.
2.42%
Broadcom Inc.
2.41%
Danaher Corp.
2.38%
NVIDIA Corp.
2.37%
Frequently asked questions about INVN and MOAT
How have the INVN and MOAT ETFs performed in 2026?
As of September 17, 2026, INVN is up 21.13% year-to-date (YTD), while MOAT has returned 4.56%. That puts INVN better performer ahead so far this year.
Which ETF is attracting more investor money: INVN or MOAT?
Year-to-date, the INVN ETF saw -$6M in flows, compared to +$1.10B for MOAT.
Which ETF is more volatile: INVN or MOAT?
Over the past year, INVN had a volatility of 24.87%, while MOAT experienced 14.13%.
Which ETF is bigger: INVN or MOAT?
As of September 17, 2026, INVN holds $10.49 M in assets under management (AUM), while MOAT manages $14.51 B.
What sectors do the INVN and MOAT ETFs invest in?
INVN leans toward sectors like Technology, Healthcare and Finance. Meanwhile, MOAT focuses on Consumer Non-Cyclicals, Technology and Healthcare.
What are the top holdings of the INVN ETF and MOAT ETF?
INVN top holdings include RingCentral, Inc., PayPal Holdings, Inc. and Bill Holdings, Inc.. MOAT holds in its top three: LPL Financial Holdings, Inc., The Charles Schwab Corp. and Veeva Systems, Inc..
Which ETF is more diversified: INVN or MOAT?
INVN holds 50 securities with 34.02% of its assets in the top 15. MOAT has 55 securities and a top 15 weight of 38.04%.
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Latest news about INVN & MOAT
The ETF Underdogs, Part 9: Wide Moats and Competitive Advantages
July 7, 2026
MOAT
Invest like Warren Buffett with These Two ETFs
March 21, 2025
MOAT
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