MOO
VanEck Agribusiness ETF
MOO
VanEck Agribusiness ETF
-
NAV$73.58
as of December 06, 2023 -
YTD RETURNS-14.40%
as of December 06, 2023 -
Total Net Assets$912.44M
as of December 06, 2023 -
Gross Expense Ratio0.53%
-
Net Expense Ratio0.53%
-
Inception Date08/31/2007
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.
Overview
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