MOOVanEck Agribusiness ETF
Fund Description
VanEck Agribusiness ETF (MOO®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Global Agribusiness Index (MVMOOTR), which is intended to track the overall performance of companies involved in: (i) agri-chemicals, animal health and fertilizers, seeds and traits, from farm/irrigation equipment and farm machinery, aquaculture and fishing, livestock, cultivation and plantations (including grain, oil palms, sugar cane, tobacco leafs, grapevines, etc.), and trading of agricultural products.
-
Fund Ticker
MOO -
Exchange
NYSE Arca -
Inception Date
08/31/2007 -
ETF Structure
Physical -
Administrator
Van Eck Associates -
Index Ticker
MVMOOTR -
Index Rebalancing
Quarterly
as of 03/27/23
-
30-Day SEC Yield1
2.05% -
Total Net Assets
$1.2B -
Number of Holdings
52 -
Options
Available -
Gross Expense Ratio2
0.52% -
Net Expense Ratio/TER2
0.52% -
Distribution Frequency
Annual -
Next Distribution Date
12/15/2023
Key Documents and Links
Fund Highlights
- Positioned to Meet Growing Demand
Global population growth is driving increasing food demand and the need for efficient agricultural solutions
- Pure Play with Global Scope
Companies must derive at least 50% of total revenues from agribusiness to be added to the Index
- Comprehensive Exposure
Index targets companies across the agribusiness industry from seeds and fertilizers to farming equipment and food producers
Trading Information
-
Fund Ticker
MOO -
Index Total Return Ticker
MVMOOTR -
NAV
MOONV -
Intraday NAV (IIV)4
MOOIV -
Shares Outstanding
14,650,000 -
Estimated Cash
MOOEU -
Total Cash
MOOTC -
CUSIP
92189F700 -
ISIN
US92189F7006
Fees and Expenses2
-
Management Fee
0.50% -
Other Expenses
0.02% -
Gross Expense Ratio
0.52% -
Fee Waivers and
--
Expense Reimbursement -
Net Expense Ratio/TER2
0.52%
2 Expenses for MOO are capped contractually at 0.56% until May 1, 2023. Cap excludes acquired fund fees and expenses, interest expense, trading expenses, taxes and extraordinary expenses.
Investment Professionals
Peter Liao, CFA
- Portfolio Manager and Head of Equity ETFs
- Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
- Joined VanEck in 2005
- CFA charterholder; member of the CFA Society New York
- BA, Mathematics and Economics, New York University
Griffin Driscoll
- Analyst for Equity ETFs
- Joined VanEck in 2018
- Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
- BS, Finance, Providence College
Ralph Lasta
- Analyst for Equity ETFs
- Joined VanEck in 2019
- Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
- BS, Accounting, Hunter College
Performance History: Average Annual Total Returns* (%)
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/31/07 |
|
---|---|---|---|---|---|---|---|---|
MOO (NAV) | -3.48 | -2.62 | 3.33 | -5.54 | 15.63 | 8.91 | 7.04 | 6.76 |
MOO (Share Price) | -3.59 | -3.02 | 3.25 | -5.92 | 15.64 | 8.89 | 7.02 | 6.75 |
MVMOOTR (Index)5 | -3.31 | -2.30 | 3.29 | -5.28 | 16.02 | 9.12 | 7.10 | 7.03 |
Performance Differential (NAV - Index) | -0.17 | -0.32 | 0.04 | -0.26 | -0.39 | -0.21 | -0.06 | -0.27 |
1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 08/31/07 |
|
---|---|---|---|---|---|---|---|---|
MOO (NAV) | -5.76 | 8.71 | -7.95 | -7.95 | 9.40 | 8.47 | 6.96 | 6.61 |
MOO (Share Price) | -6.07 | 8.67 | -8.12 | -8.12 | 9.28 | 8.45 | 6.98 | 6.60 |
MVMOOTR (Index)5 | -5.41 | 8.82 | -7.64 | -7.64 | 9.67 | 8.61 | 7.21 | 6.89 |
Performance Differential (NAV - Index) | -0.35 | -0.11 | -0.31 | -0.31 | -0.27 | -0.14 | -0.25 | -0.28 |
Top 10 Holdings (%) as of 02/28/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Zoetis Inc |
ZTS US
|
704,425
|
117,638,975 | 8.86 |
Deere & Co |
DE US
|
240,192
|
100,698,094 | 7.58 |
Bayer Ag |
BAYN GR
|
1,669,897
|
99,423,084 | 7.49 |
Nutrien Ltd |
NTR US
|
1,127,802
|
87,720,440 | 6.61 |
Corteva Inc |
CTVA US
|
1,244,980
|
77,549,804 | 5.84 |
Archer-Daniels-Midland Co |
ADM US
|
780,991
|
62,166,884 | 4.68 |
Cnh Industrial Nv |
CNHI US
|
3,208,403
|
52,842,397 | 3.98 |
Tyson Foods Inc |
TSN US
|
827,152
|
49,000,484 | 3.69 |
Mosaic Co/The |
MOS US
|
886,373
|
47,146,180 | 3.55 |
Sociedad Quimica Y Minera De Chile Sa |
SQM US
|
490,567
|
43,537,821 | 3.28 |
Top 10 Total (%) | 55.55 |
Country Weightings (%)
as of 02/28/23
Country | % of Net Assets |
---|---|
● United States | 51.92 |
● Germany | 8.73 |
● Canada | 6.61 |
● United Kingdom | 4.51 |
● China | 4.33 |
● Japan | 4.01 |
● Chile | 3.28 |
● Norway | 3.11 |
● Brazil | 3.01 |
● Australia | 2.56 |
● Malaysia | 2.12 |
● Israel | 1.09 |
● Switzerland | 0.82 |
● Thailand | 0.82 |
● Faroe Islands | 0.80 |
● Netherlands | 0.72 |
● Singapore | 0.69 |
● Taiwan Region | 0.38 |
● Denmark | 0.28 |
● Indonesia | 0.19 |
● Other/Cash | 0.01 |
Sector Weightings (%)
as of 02/28/23
Sector | % of Net Assets |
---|---|
● Materials | 32.42 |
● Consumer Staples | 28.33 |
● Industrials | 20.77 |
● Health Care | 18.47 |
● Other/Cash | 0.01 |