MOO ISSUER
The VanEck Vectors Agribusiness ETF (MOO) is a prominent investment fund that primarily focuses on the agribusiness sector. Launched to the public in August 2007, MOO seeks to replicate the performance of the Agribusiness Index, which includes equity securities of companies engaged in various facets of agribusiness. To be eligible for inclusion, these companies must derive a substantial portion of their revenues from agri-chemicals, animal health and fertilizers, seeds and traits, farm/irrigation equipment and machinery, aquaculture, fishing, livestock, cultivation, plantations, and trading of agricultural products.
MOO DIVIDEND
The VanEck Vectors Agribusiness ETF (MOO) primarily focuses on tracking the performance of the Agribusiness Index, which includes equity securities of companies in the agribusiness sector. To be eligible for inclusion in this index, companies must derive at least 50% of their revenues from various agribusiness activities, such as agri-chemicals, animal health and fertilizers, seeds and traits, farm/irrigation equipment, aquaculture, livestock, cultivation, and trading of agricultural products. MOO typically distributes dividends on a periodic basis, reflecting the dividend policies and performances of the constituent companies within the index. It's important to note that MOO aims to replicate the Agribusiness Index rather than outperform it, making it a passive investment option for those seeking exposure to the agribusiness sector. Additionally, MOO's investment approach allows for the possibility of concentrated investments in specific industries or sectors that align with the Agribusiness Index composition.
MOO TRACKING
Tracking the Agribusiness Index is the primary objective of the VanEck Vectors Agribusiness ETF (MOO). This ETF invests at least 80% of its assets in securities that make up the Agribusiness Index, which includes equity securities of companies in the agribusiness sector. To be eligible for inclusion, companies must derive a minimum of 50% of their revenue from various agribusiness activities, such as agri-chemicals, animal health and fertilizers, farm equipment, aquaculture, livestock, and agricultural product trading. As of December 31, 2022, the Agribusiness Index consisted of 49 securities from companies with market capitalizations ranging from approximately $785 million to $129.4 billion, with a weighted average market capitalization of $34.1 billion. MOO employs a passive investment strategy, aiming to replicate the performance of the Agribusiness Index rather than outperform it, making it an ideal choice for investors seeking exposure to the agribusiness sector.
MOO CORRELATION
The correlation aspect of the VanEck Vectors Agribusiness ETF (MOO) is primarily tied to the performance of companies within the agribusiness sector. Given that MOO tracks the Agribusiness Index, its correlation with companies engaged in agri-chemicals, animal health and fertilizers, seeds and traits, farm/irrigation equipment and machinery, aquaculture, livestock, cultivation, plantations, and agricultural product trading is expected to be substantial. Investors often use MOO to gain exposure to this specific sector, and its correlation with underlying agricultural businesses is a key factor in assessing its suitability for portfolio diversification and risk management.
MOO SECTOR
The VanEck Vectors Agribusiness ETF (MOO) primarily focuses on the agribusiness sector, investing in companies involved in various aspects of agriculture, including agri-chemicals, animal health and fertilizers, farm equipment, aquaculture, livestock, and agricultural product trading. This sector-specific approach allows investors to gain exposure to the global agricultural industry's growth potential, but it also means that MOO may be more susceptible to fluctuations in the agribusiness sector's performance. As of December 31, 2022, MOO included 49 securities, with market capitalizations ranging from approximately $785 million to $129.4 billion, providing a broad representation of the agribusiness market.
MOO EXPOSURE
The exposure characteristic of the VanEck Vectors Agribusiness ETF (MOO) centers around the agribusiness sector. MOO provides investors with exposure to companies involved in various aspects of agriculture, including agri-chemicals, animal health and fertilizers, seeds and traits, farm equipment and machinery, aquaculture and fishing, livestock, cultivation and plantations, and agricultural product trading. As of December 31, 2022, the Agribusiness Index underlying MOO consisted of 49 securities, ranging in market capitalization from approximately $785 million to $129.4 billion, with a weighted average market capitalization of $34.1 billion. MOO's investment strategy is passive, aiming to replicate the performance of the Agribusiness Index, making it a valuable tool for investors seeking targeted exposure to the agribusiness industry. For more detailed insights into MOO's exposure, you can explore ETF Insider's web app, which offers in-depth data and visualization tools to analyze correlations, overlaps, and more for MOO and other US ETFs.