The Morningstar® Active Equity Indexes leverage one of the world’s largest independent equity research groups with its team of award-winning equity analysts. These analysts and researchers, working within the Morningstar Investment Research Ecosystem, contribute their ideas to help us develop indexes that provide investors access to active investing strategies in rules-based passive vehicles.
Measuring based on economic moat One example of our Active Equity indexes is the Morningstar® Wide Moat Focus Index. At Morningstar, we quantify whether companies have a wide, narrow, or no economic moat to gauge their competitive advantages. This is the cornerstone of our equity research methodology. Using the Morningstar® Economic Moat Rating and our long-term approach to stock analysis, this index offers investors exposure to high-quality companies that consistently generate high returns on capital and trade at significant discounts to our Fair Value Estimates.