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 02/07/23
-
30-Day SEC Yield1
1.85% -
Total Net Assets
$1.4B -
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
15,150,000 -
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) | 7.06 | 5.77 | 7.06 | 1.03 | 13.96 | 8.98 | 7.12 | 7.04 |
MOO (Share Price) | 7.09 | 5.68 | 7.09 | 0.75 | 13.99 | 9.01 | 7.10 | 7.04 |
MVMOOTR (Index)5 | 6.82 | 5.70 | 6.82 | 1.28 | 14.03 | 9.20 | 7.17 | 7.30 |
Performance Differential (NAV - Index) | 0.24 | 0.07 | 0.24 | -0.25 | -0.07 | -0.22 | -0.05 | -0.26 |
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 01/31/23
Daily HoldingsHolding Name |
Ticker
|
Shares
|
Market Value (US$) |
% of Net Assets |
---|---|---|---|---|
Zoetis Inc |
ZTS US
|
714,712
|
118,277,689 | 8.46 |
Bayer Ag |
BAYN GR
|
1,693,457
|
105,302,426 | 7.53 |
Deere & Co |
DE US
|
243,486
|
102,955,620 | 7.36 |
Nutrien Ltd |
NTR US
|
1,144,616
|
94,762,759 | 6.77 |
Corteva Inc |
CTVA US
|
1,262,772
|
81,385,655 | 5.82 |
Archer-Daniels-Midland Co |
ADM US
|
792,062
|
65,622,337 | 4.69 |
Cnh Industrial Nv |
CNHI US
|
3,254,343
|
57,666,958 | 4.12 |
Tyson Foods Inc |
TSN US
|
839,041
|
55,166,946 | 3.94 |
Sociedad Quimica Y Minera De Chile Sa |
SQM US
|
497,554
|
48,531,417 | 3.47 |
Mosaic Co/The |
MOS US
|
898,990
|
44,535,965 | 3.18 |
Top 10 Total (%) | 55.35 |
Country Weightings (%)
as of 01/31/23
Country | % of Net Assets |
---|---|
● United States | 51.06 |
● Germany | 8.73 |
● Canada | 6.77 |
● United Kingdom | 4.64 |
● China | 4.49 |
● Japan | 3.93 |
● Chile | 3.47 |
● Norway | 3.28 |
● Brazil | 2.83 |
● Australia | 2.66 |
● Malaysia | 2.19 |
● Israel | 1.19 |
● Thailand | 0.91 |
● Switzerland | 0.79 |
● Singapore | 0.74 |
● Faroe Islands | 0.73 |
● Netherlands | 0.71 |
● Taiwan Region | 0.36 |
● Denmark | 0.26 |
● Indonesia | 0.18 |
● Other/Cash | 0.08 |
Sector Weightings (%)
as of 01/31/23
Sector | % of Net Assets |
---|---|
● Materials | 32.06 |
● Consumer Staples | 29.13 |
● Industrials | 20.39 |
● Health Care | 18.34 |
● Other/Cash | 0.08 |