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MOO: The Hype For Agribusiness Returns

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MOO: The Hype For Agribusiness Returns

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Financial Serenity1.17K FollowersFollow5ShareSavePlay(10min)CommentsSummaryThe VanEck Agribusiness ETF is a passive ETF that has sought to represent the agribusiness sector as effectively as possible since 2007.MOO has a global structure, which also partly includes emerging countries, and a multicurrency structure.MOO is NOT a proxy for soft commodities, but a much more “industrial + staples oriented” ETF.Despite this, the ETF remains very much connected to the S&P 500, sharing its volatility and directionality during critical moments. Thomas Barwick/DigitalVision via Getty Images Interest is returning in the VanEck Agribusiness ETF (MOO), after it resumed posting a return of over 15% YTD, clearly higher compared to the poor performance of the last 3–5 years, in strong contrast with the structural trend ofThis article was written byFinancial Serenity1.17K FollowersFollowFinancial Serenity is a financial analysis and quantitative research column with a particular focus on the asset management sector. It is actively managed by Tommaso Scarpellini, a seasoned financial researcher and data analyst with proven experience in banking and financial analytics platforms. This initiative aims to provide an in-depth analysis of the dynamics driving the asset management market.

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