Market Vectors Agribusiness ETF (NYSE:MOO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISÂ® Global Agribusiness Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index includes equity securities of companies that generate at least 50% of their revenues from agri-chemicals, animal health and fertilizers, seeds and traits, from farm/irrigation equipment and farm machinery, aquaculture and fishing, livestock, cultivation and plantations and trading of agricultural products. It is non-diversified.
- Net Assets 1.18 Billions
- YTD Daily Total Return 20.47%
- Yield 0.94%
- Annual Expense Ratio 0.55%
- 20.47% YTD Daily Total Return
- 40.43% 1-Year Daily Total Return
- 15.85% 3-Year Daily Total Return
Top 10 Holdings (57.42% of Total Assets)
|Zoetis Inc Class A||ZTS||8.68%|
|Deere & Co||DE||8.30%|
|IDEXX Laboratories Inc||IDXX||7.45%|
|Archer-Daniels Midland Co||ADM||5.03%|
|Tyson Foods Inc Class A||TSN||3.81%|
|Tractor Supply Co||TSCO||3.21%|
Investors have the option of ETFs like MOO that hold agribusiness stocks, or funds that bet directly on commodity prices using futures. The Market Vectors Agribusiness ETF is the best option for buy-and-hold investors. It holds companies that derive at least 50 percent of their revenues from agricultural business including agriculture products.