MOO

VanEck Agribusiness ETF

$72.17
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The VanEck Agribusiness ETF (MOO) seeks to track the performance of the MVIS Global Agribusiness Index, which is intended to give investors a means of tracking the overall performance of the global agribusiness industry.

Overview

ETF tracking VanEck Agribusiness ETF

Category Other
Issuer VanEck
Inception Date 2008-11-21
Market Cap $599.0M
Average Volume N/A
Dividend Yield 3.05%
52-Week Range $60.21 - $75.72
VWAP $72.21

Performance

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Investment Summary

📎 Investment Objective

The VanEck Agribusiness ETF (MOO) seeks to track the performance of the MVIS Global Agribusiness Index, which is intended to give investors a means of tracking the overall performance of the global agribusiness industry.

🎯 Investment Strategy

The ETF invests in a portfolio of companies involved in the agriculture business, including producers of agricultural products, agricultural inputs and equipment, as well as food processing and distribution companies. The fund seeks to replicate the performance of the underlying index by holding the same securities in the same proportions.

✨ Key Features

  • Provides exposure to a diversified portfolio of global agribusiness companies
  • Tracks the MVIS Global Agribusiness Index, which covers the full agricultural value chain
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad exposure to the agribusiness industry

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the agribusiness sector
  • Exposure to global markets and currencies, which can introduce additional volatility
  • Potential for lower liquidity compared to broader market indexes
  • Performance can be impacted by factors affecting the agriculture and food production industries

👤 Best For

The VanEck Agribusiness ETF may be suitable for long-term investors seeking exposure to the global agribusiness sector as part of a diversified portfolio. It could be of interest to investors who believe in the long-term growth potential of the agriculture industry, but investors should be aware of the sector-specific risks.