What Is MOO? VanEck Agribusiness ETF

MOO is the VanEck Agribusiness ETF, launched in August 2007. It tracks a global index of companies involved in agriculture, from fertilizer and seed producers to farm-equipment makers, animal-health firms, and food processors. It offers a single-ticker way to invest in the broad agriculture supply chain rather than a specific commodity or crop.

MOO, listed on NYSE Arca. The full name is VanEck Agribusiness ETF, issued by VanEck. The ticker is a nod to the farming and livestock theme the fund captures.

MOO tracks the MVIS Global Agribusiness Index, which includes companies that generate at least half their revenue from agribusiness. That spans agricultural chemicals (fertilizers, crop protection), farm and irrigation equipment, animal health and nutrition, and agricultural products and food processing. The index is global and rebalanced periodically.

MOO holds global agribusiness leaders. Recent top positions included Bayer, Corteva, Deere, Nutrien, Zoetis, Archer-Daniels-Midland, and Kubota. The fund blends US and international names, so it carries meaningful non-US exposure, including European and Japanese companies.

0.56% per year (56 basis points), or $56 annually on a $10,000 investment. That is higher than a broad-market index fund, reflecting its status as a specialized thematic and internationally diversified fund.

Approximately 2.27% as of July 2026. Many agribusiness companies are mature and pay dividends, so the fund generates a moderate income stream, though the yield varies with the underlying holdings and farm-sector profitability.

MOO trades like any stock during US market hours and is available at major brokers including Robinhood, Fidelity, Schwab, and Public, many of which support fractional shares. Connecting your broker to Walnut lets the AI show how a thematic agriculture position like MOO fits alongside your other holdings.

Approximately $943.89 million as of July 2026. It is the largest dedicated agribusiness ETF but modest in size compared with broad-market funds, which is typical for a single-theme sector fund.

MOO offers targeted exposure to the agriculture supply chain, which can benefit from rising food demand, higher crop prices, and strong farm economics, but can also lag when input prices fall or farm incomes weaken. It is concentrated in one sector and carries international exposure. Walnut is not an investment adviser; whether MOO fits depends on your view on agriculture and its role as a thematic satellite.

August 31, 2007. VanEck launched it during a period of rising interest in commodity and agriculture themes, and it has remained the primary agribusiness ETF for investors seeking supply-chain exposure to farming.

No. MOO holds shares of agribusiness companies, not agricultural commodities like corn, wheat, or soybeans. Its performance is influenced by crop and input prices indirectly, through their effect on the earnings of fertilizer makers, equipment manufacturers, and processors, but it is an equity fund, not a futures-based commodity fund.

Yes. It distributes income from its underlying holdings, with a trailing yield around 2.27% as of July 2026. Because many agribusiness companies are established dividend payers, MOO provides a moderate income component in addition to its thematic growth potential.

A significant portion. The index is global, so MOO holds large positions in non-US companies such as Bayer (Germany) and Kubota (Japan), alongside US names like Deere and Corteva. This adds currency risk and exposes the fund to farm economics outside the United States, which can help or hurt relative to a US-only agriculture fund.

MOO's returns are driven primarily by the fundamentals of the agriculture sector: crop prices, fertilizer and input demand, farm equipment spending, and global food consumption trends. It tends to move on farm-cycle and commodity-related news more than on broad stock-market direction, which is why it can diverge meaningfully from a fund like VOO.

Put a few fields side by side: the expense ratio (fees compound over decades), the index or strategy it tracks, the top holdings and how much they overlap with what you already own, the dividend yield, and the AUM, liquidity, and bid-ask spread that affect trading costs. For index funds, tracking error (how closely it follows its index) and tax efficiency matter too. MOO's figures are above; the full method is in Walnut's guide on how to compare ETFs.