Looking for broad exposure to the Materials - Agribusiness segment of the equity market? You should consider the VanEck Agribusiness ETF (MOO), a passively managed exchange traded fund launched on August 31, 2007.
An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Materials - Agribusiness is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 14, placing it in bottom 13%.
The fund is sponsored by Van Eck. It has amassed assets over $989.84 million, making it one of the larger ETFs attempting to match the performance of the Materials - Agribusiness segment of the equity market. MOO seeks to match the performance of the MVIS Global Agribusiness Index before fees and expenses.
The MVIS Global Agribusiness Index tracks the overall performance of companies involved in agri-chemicals, animal health and fertilizers, seeds and traits; farm/irrigation equipment and farm machinery; agricultural products, aquaculture and fishing, livestock plantations, and trading of agricultural products.
Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.
Annual operating expenses for this ETF are 0.56%, making it on par with most peer products in the space.
It has a 12-month trailing dividend yield of 2.16%.
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.Looking at individual holdings, Deere & Co (DE) accounts for about 8.37% of total assets, followed by Bayer Ag (BAYN) and Archerdanielsmidland Co (ADM).
The top 10 holdings account for about 57.97% of total assets under management.
Year-to-date, the VanEck Agribusiness ETF has gained about 14.23% so far, and is up roughly 13.49% over the last 12 months (as of 07/27/2026). MOO has traded between $69.32 and $86.16 in this past 52-week period.
The ETF has a beta of 0.71 and standard deviation of 15.09% for the trailing three-year period, making it a low risk choice in the space. With about 58 holdings, it effectively diversifies company-specific risk.
VanEck Agribusiness ETF sports a Zacks ETF Rank of 4 (Sell), which is based on expected asset class return, expense ratio, and momentum, among other factors. MOO, then, is not a great choice for investors seeking exposure to the Materials ETFs segment of the market. Instead, there are better ETFs in the space to consider.
iShares MSCI Agriculture Producers ETF (VEGI) tracks MSCI ACWI Select Agriculture Producers Investable Market Index. The fund has $154.03 million in assets. VEGI has an expense ratio of 0.39%.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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