Equity: Global Agriculture
With 5 ETFs and over $730.27M in combined AUM, the Equity: Global Agriculture segment provides exposure to the Global space with a focus on Theme securities.
Year-to-date, the best-performing ETF in the segment is the iShares MSCI Global Agriculture Producers ETF (VEGI), with a total return of -3.93%. Meanwhile, the most popular ETF is the VanEck Vectors Agribusiness ETF (MOO) with $682.88MB in assets under management.
Investors should take a look at the VanEck Vectors Agribusiness ETF (MOO). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. MOO tracks a market-cap-weighted index of companies that generate more than 50% of their revenues in the agribusiness sector. MOO has an expense ratio of 0.54% and tracks the MVIS Global Agribusiness Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: Global Agriculture segment is 82 out of 100, with the VanEck Vectors Agribusiness ETF(MOO) obtaining the highest rating of 92 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.62% per year, with the iShares MSCI Global Agriculture Producers ETF (VEGI) having the lowest expense ratio, charging investors 0.39% yearly.
Investors should look for funds with tight tracking, such as the iShares MSCI Global Agriculture Producers ETF (VEGI), with a 12-month median tracking difference of -0.11%.
ETF.com Tradability Insight
The average tradability score in the Equity: Global Agriculture segment is 49 out of 100, with the VanEck Vectors Agribusiness ETF(MOO) obtaining the highest rating of 86 out of 100.
The VanEck Vectors Agribusiness ETF (MOO) is the undisputed segment leader when it comes to liquidity. The fund trades 2.32M in daily average volume. Investors should also find ample liquidity in the iShares MSCI Global Agriculture Producers ETF (VEGI), with $48.83K in daily dollar volume.
Use limit orders to trade funds such as the Global X Fertilizers/Potash ETF(SOIL), due to their double-digit market spreads.
ETF.com Fit Insight
The Thomson Reuters/Jefferies CRB In-The-Ground Global Agriculture has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to VEGI. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, CROP follows a Vanilla strategy and obtains a low Fit score compared with our neutral benchmark.