BWA vs. MOAT

Last updated Apr 2, 2026

Compare and contrast key facts about BorgWarner Inc. (BWA) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).

MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012.

Performance

BWA vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BorgWarner Inc. (BWA) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

BWA vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BWA BorgWarner Inc.	21.46%	43.88%	-10.15%	2.50%	-9.18%	18.39%	-9.19%	27.13%	-30.97%	31.24%
MOAT VanEck Vectors Morningstar Wide Moat ETF	-6.87%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%

Returns By Period

In the year-to-date period, BWA achieves a 21.46% return, which is significantly higher than MOAT's -6.87% return. Over the past 10 years, BWA has underperformed MOAT with an annualized return of 6.72%, while MOAT has yielded a comparatively higher 13.46% annualized return.

BWA

• 1D: 0.57%
• 1M: -2.52%
• YTD: 21.46%
• 6M: 24.15%
• 1Y: 93.94%
• 3Y*: 9.55%
• 5Y*: 7.55%
• 10Y*: 6.72%

MOAT

• 1D: -0.26%
• 1M: -9.39%
• YTD: -6.87%
• 6M: -2.70%
• 1Y: 11.53%
• 3Y*: 10.62%
• 5Y*: 7.92%
• 10Y*: 13.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BWA vs. MOAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BWA

BWA Risk / Return Rank: 93
BWA Sharpe Ratio Rank: 94
BWA Sortino Ratio Rank: 95
BWA Omega Ratio Rank: 94
BWA Calmar Ratio Rank: 90
BWA Martin Ratio Rank: 92

MOAT

MOAT Risk / Return Rank: 31
MOAT Sharpe Ratio Rank: 30
MOAT Sortino Ratio Rank: 32
MOAT Omega Ratio Rank: 30
MOAT Calmar Ratio Rank: 32
MOAT Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BWA vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BorgWarner Inc. (BWA) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BWA	MOAT	Difference
Sharpe ratio Return per unit of total volatility	2.49	0.59	+1.90
Sortino ratio Return per unit of downside risk	3.69	0.98	+2.72
Omega ratio Gain probability vs. loss probability	1.47	1.13	+0.34
Calmar ratio Return relative to maximum drawdown	3.92	0.83	+3.08
Martin ratio Return relative to average drawdown	12.93	3.12	+9.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BWA vs. MOAT - Sharpe Ratio Comparison

The current BWA Sharpe Ratio is 2.49, which is higher than the MOAT Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of BWA and MOAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BWA	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	0.59	+1.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.44	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.72	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.75	-0.44

Correlation

The correlation between BWA and MOAT is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BWA vs. MOAT - Dividend Comparison

BWA's dividend yield for the trailing twelve months is around 1.14%, less than MOAT's 1.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BWA BorgWarner Inc.	1.14%	1.24%	1.38%	1.45%	1.69%	1.51%	1.76%	1.57%	1.96%	1.15%	1.34%	1.20%
MOAT VanEck Vectors Morningstar Wide Moat ETF	1.46%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%

Drawdowns

BWA vs. MOAT - Drawdown Comparison

The maximum BWA drawdown since its inception was -72.15%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for BWA and MOAT.

Drawdown Indicators

	BWA	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-72.15%	-33.31%	-38.84%
Max Drawdown (1Y) Largest decline over 1 year	-23.80%	-13.30%	-10.50%
Max Drawdown (5Y) Largest decline over 5 years	-45.88%	-23.96%	-21.92%
Max Drawdown (10Y) Largest decline over 10 years	-64.59%	-33.31%	-31.28%
Current Drawdown Current decline from peak	-17.76%	-10.42%	-7.34%
Average Drawdown Average peak-to-trough decline	-22.10%	-3.80%	-18.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.21%	3.55%	+3.66%

Volatility

BWA vs. MOAT - Volatility Comparison

BorgWarner Inc. (BWA) has a higher volatility of 9.56% compared to VanEck Vectors Morningstar Wide Moat ETF (MOAT) at 4.78%. This indicates that BWA's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BWA	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.56%	4.78%	+4.78%
Volatility (6M) Calculated over the trailing 6-month period	29.33%	10.10%	+19.23%
Volatility (1Y) Calculated over the trailing 1-year period	37.99%	19.76%	+18.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.63%	18.09%	+15.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.68%	18.71%	+15.97%