What Is the MOO ETF? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
A leading thematic ETF that seeks long-term growth by concentrating its investments in high-quality core companies across the global agriculture value chain.
SubscribeWhat Is This ETF?
The fund tracks the MVIS Global Agribusiness Index and invests in companies that derive a significant portion of their revenue from agriculture-related activities. Its portfolio holds leading agricultural companies from around the world, including not only the US but also Germany, Japan, and Canada.
It is a sector investment product suited to investors who expect to benefit from rising long-term food demand and innovation in agricultural technology.
It is a passively managed (index-tracking) ETF launched by VanEck in 2007.
How Does It Invest?
| Item | Details |
|---|---|
| Tracking Index | MVIS Global Agribusiness Index |
| Management Style | Passive (index-tracking) |
| Rebalancing Frequency | Quarterly |
| Dividend Frequency | Annual dividend |
| Expense Ratio | 0.56% |
The fund offers broad exposure, from upstream companies with core agricultural technologies (seeds, fertilizers) to downstream companies (food processing, distribution). It is market-cap weighted by default, but it verifies agricultural purity (pure-play) to maintain the specialized focus of the portfolio.
- A broad investment scope covering the entire agriculture value chain
- A proven thematic ETF with more than 15 years of operating history
Size and Costs
Assets under management (AUM) stand at $1.1B, and the expense ratio is 0.56% per year.
Unlike DBA, which invests in commodity futures, this fund invests in the stocks of agriculture-related companies, so investors can benefit not only from commodity price movements but also from corporate earnings growth.
Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeAs food security has gained importance amid extreme weather and geopolitical risks, the fund has shown a steady trajectory, led by the agricultural machinery and fertilizer sectors, and its dividend growth has also remained solid.
As its appeal as an inflation hedge has grown, capital inflows into the related sectors have continued, and the fund is regarded as an asset that combines defensive characteristics with growth potential.
Pros and Cons
It is an efficient way to invest in the structural growth of the global agriculture market, but investors should be mindful of the concentration risk in a specific sector.
💪 Key Strengths
⚠️ Points to Watch
Alternative ETFs and Related Products
HAP, which appears in the table, invests in a broader range of natural resources, while XT and KOMP focus on disruptive innovation technologies as a whole. Meanwhile, if you want to concentrate only on the stocks of agriculture-related companies, VEGI is a direct competitor. If you want direct exposure to commodity price movements, the futures-based DBA is an option, and if you prefer more selective stock picking, a product like TAGS is also worth considering as an alternative.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 XT | iShares Future Exponential Technologies ETF | $83.47 | -1.9% | $4.1B | 0.46% | 1.02% | +19.6% |
 KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | $62.46 | -3.3% | $2.6B | 0.20% | 1.63% | -1.9% |
 NUKZ | Range Nuclear Renaissance Index ETF | $56.79 | -2.9% | $627.7M | 0.85% | 1.02% | -23.0% |
 HAP | VanEck Natural Resources ETF | $74.30 | -0.1% | $327.0M | 0.41% | 1.84% | +29.7% |
 OPPE | WisdomTree European Opportunities Fund | $58.52 | -1.0% | $285.1M | 0.58% | 2.82% | +18.1% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 CTVA | Corteva Inc | 0.16% | $11.64 | +1.5% | $7.8B | 7.7 | 0.77% |
| DE | Deere & Co | 0.16% | $675.48 | +2.4% | $182.1B | 37.5 | 0.97% |
| ZTS | Zoetis Inc | 0.12% | $79.72 | +1.2% | $32.9B | 13.1 | 2.64% |
| NTR | Nutrien Ltd | 0.12% | $69.42 | +1.4% | $33.1B | 14.1 | 3.16% |
| ADM | Archer Daniels Midland Co | 0.06% | $76.91 | +0.9% | $37.1B | 21.1 | 2.77% |
 CF | CF Industries Holdings Inc | 0.05% | $123.30 | +4.4% | $18.7B | 9.2 | 1.76% |
Investor Checkpoints
Because agriculture thematic investing requires considering long-term demographic changes and technological innovation, it is advisable to carefully review the following key factors before making an actual investment decision.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 🚜 Sector Weights | Check the allocation between industrials (agricultural machinery) and consumer staples (food) | Adequately diversified |
| 🌏 Country Exposure | Review the weight of non-US global companies | Globally diversified |
| 💵 Dividend Yield | Check the stability of dividend payments from the holdings | Solid level |
| 🌾 Commodity Correlation | Understand the degree of co-movement with agricultural price changes | Moderate level |
Uncertainty from climate change is always present, and investors should recognize that if global supply chain issues arise in fertilizers or seeds, the portfolio's volatility could temporarily increase.
This product captures the essence of the global agriculture industry, which is expected to deliver sustainable growth. It is recommended for long-term investors who want to ride the broad, generational trend of rising food demand rather than focus on short-term price swings.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
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