Moat Index Rises in June on Semiconductors, Cybersecurity Strength
The post Moat Index Rises in June on Semiconductors, Cybersecurity Strength appeared on BitcoinEthereumNews.com. Rongchai Wang Jul 10, 2026 01:24 Morningstar’s Moat Index gained in June as AI chips and cybersecurity stocks offset mega-cap tech pullbacks. Here’s what drove the move. The Morningstar Wide Moat Focus Index climbed in June, buoyed by strength in semiconductor and cybersecurity stocks, even as mega-cap tech names faltered. According to VanEck, the SMID Moat Index—focused on small- and mid-cap companies—also advanced, driven by AI chip demand and a significant healthcare deal. The Moat Index, which tracks U.S. companies identified by Morningstar as possessing durable competitive advantages, gained despite broader market volatility. Mega-cap tech stocks, which have led much of 2026’s rally, took a breather in June, creating room for other sectors to shine. This shift underlines the index’s value-oriented approach, where attractively priced “wide moat” stocks