MOAT vs. RIO

Last updated Jun 4, 2026

MOAT (VanEck Morningstar Wide Moat ETF) is Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index, while RIO (Rio Tinto Group) is a stock. Over the past 10 years, MOAT returned 13.37%/yr vs 22.38%/yr for RIO. At a 0.48 correlation, their price movements are largely independent.

Performance

MOAT vs. RIO - Performance Comparison

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

Returns By Period

In the year-to-date period, MOAT achieves a -0.94% return, which is significantly lower than RIO's 38.54% return. Over the past 10 years, MOAT has underperformed RIO with an annualized return of 13.37%, while RIO has yielded a comparatively higher 22.38% annualized return.

MOAT

• 1D: -1.37%
• 1M: 3.30%
• YTD: -0.94%
• 6M: -0.69%
• 1Y: 14.97%
• 3Y*: 11.34%
• 5Y*: 8.01%
• 10Y*: 13.37%

RIO

• 1D: -3.41%
• 1M: 9.36%
• YTD: 38.54%
• 6M: 49.27%
• 1Y: 92.97%
• 3Y*: 27.11%
• 5Y*: 11.69%
• 10Y*: 22.38%

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

MOAT vs. RIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOAT VanEck Morningstar Wide Moat ETF	-0.94%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%
RIO Rio Tinto Group	38.54%	44.47%	-15.36%	11.06%	18.48%	-3.67%	36.22%	33.18%	-2.93%	44.87%

Correlation

The correlation between MOAT and RIO is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.45
Correlation (All Time) Calculated using the full available price history since Apr 26, 2012	0.48

The correlation between MOAT and RIO shifts across timeframes, from 0.32 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MOAT vs. RIO — Risk / Return Rank

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

MOAT

MOAT Risk / Return Rank: 27
MOAT Sharpe Ratio Rank: 29
MOAT Sortino Ratio Rank: 29
MOAT Omega Ratio Rank: 27
MOAT Calmar Ratio Rank: 25
MOAT Martin Ratio Rank: 27

RIO

RIO Risk / Return Rank: 94
RIO Sharpe Ratio Rank: 95
RIO Sortino Ratio Rank: 93
RIO Omega Ratio Rank: 92
RIO Calmar Ratio Rank: 93
RIO Martin Ratio Rank: 96

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.

MOAT vs. RIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat ETF (MOAT) and Rio Tinto Group (RIO). 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.

	MOAT	RIO	Difference
Sharpe ratio: Return per unit of total volatility	1.09	3.29	-2.20
Sortino ratio: Return per unit of downside risk	1.64	3.81	-2.17
Omega ratio: Gain probability vs. loss probability	1.19	1.50	-0.31
Calmar ratio: Return relative to maximum drawdown	1.21	6.16	-4.95
Martin ratio: Return relative to average drawdown	3.77	24.21	-20.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOAT vs. RIO - Sharpe Ratio Comparison

The current MOAT Sharpe Ratio is 1.09, which is lower than the RIO Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of MOAT and RIO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MOAT	RIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.09	3.29	-2.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.40	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.73	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.34	+0.44

Drawdowns

MOAT vs. RIO - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, smaller than the maximum RIO drawdown of -88.97%. Use the drawdown chart below to compare losses from any high point for MOAT and RIO.

Drawdown Indicators

	MOAT	RIO	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-88.97%	+55.66%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-15.19%	+2.76%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-24.19%	+2.75%
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	-35.25%	+11.29%
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	-37.47%	+4.16%
Current Drawdown Current decline from peak	-4.72%	-3.73%	-0.99%
Average Drawdown Average peak-to-trough decline	-3.83%	-23.78%	+19.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	3.85%	+0.13%

Volatility

MOAT vs. RIO - Volatility Comparison

The current volatility for VanEck Morningstar Wide Moat ETF (MOAT) is 3.82%, while Rio Tinto Group (RIO) has a volatility of 11.49%. This indicates that MOAT experiences smaller price fluctuations and is considered to be less risky than RIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MOAT	RIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	11.49%	-7.67%
Volatility (6M) Calculated over the trailing 6-month period	9.87%	23.38%	-13.51%
Volatility (1Y) Calculated over the trailing 1-year period	13.86%	28.44%	-14.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.18%	29.16%	-10.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	30.66%	-11.98%

Dividends

MOAT vs. RIO - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.37%, less than RIO's 3.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Morningstar Wide Moat ETF	1.37%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
RIO Rio Tinto Group	3.73%	4.66%	7.40%	5.40%	10.48%	10.23%	5.13%	7.68%	6.32%	4.47%	3.93%	7.58%

Frequently Asked Questions

Can I hold both MOAT and RIO in my portfolio?

MOAT and RIO have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOAT or RIO?

RIO has higher volatility (11.49%) compared to MOAT (3.82%). In terms of maximum drawdown, MOAT dropped -33.31% vs RIO's -88.97%.

Which has better risk-adjusted returns?

RIO currently has the higher Sharpe Ratio (3.29 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.