MOO vs VEGI

MOOBVanEck Agribusiness ETF

VEGIAiShares MSCI Agriculture Producers ETF

In short

MOO The farm trade without the futures market. MOO holds a global basket of about 60 stocks spanning seed, fertilizer, tractors, livestock and aquaculture, and it has been tracking that theme since 2007.

VEGI The picks-and-shovels version of farming: VEGI holds the global companies behind agricultural products and equipment, as stocks rather than crop futures. Running since 2012, and priced under the typical global thematic fund.

Stated mandate

MOO The Fund seeks to closely track, before fees and expenses, the price and yield performance of the MVIS Global Agribusiness Index. It uses a passive indexing approach and generally replicates the Index with securities of agribusiness companies.

VEGI The fund seeks to follow an index of global companies involved in agricultural products and equipment.

Why people hold it

• MOO Covers the whole chain, not just fertilizer: agricultural inputs, equipment, production, aquaculture, livestock and crop trading all sit in the same index.vaneck.com
• Global mandate, so European and emerging-market ag names are in scope alongside US farm giants.vaneck.com
• Owns companies, not commodity futures. A plain 1940 Act stock fund means no roll schedule and no partnership tax paperwork.
• The 0.56% expense ratio lands right at the median for global thematic funds, and it is one of the easier funds in that group to get in and out of.

• VEGI At 0.39% a year it undercuts the 0.56% median for its global thematic peer group, on a niche most broad-market funds barely touch.
• Equity exposure, not commodity futures. You own the producers and equipment makers themselves, so there is no futures roll schedule in the machinery.ishares.com
• Live since 2012 tracking an MSCI ACWI agriculture producers index: a long runway for a theme fund, and it sits in the top quartile of its global thematic cohort.

Worth knowing

• MOO About 60 stocks in one theme. A handful of large seed, fertilizer and machinery names steer the fund, and farm capex cycles steer them.
• Broad global thematic index funds such as KLMT charge a fraction of 0.56%, though they buy the whole market rather than the food chain.
• Cash comes back once or twice a year, not monthly.

• VEGI Diversification is the thin spot: roughly 130 stocks, all tied to one global industry, so the whole fund leans on a single crop-and-input story.
• Agriculture equities swing with crop prices, weather and fertilizer cycles, so the ride is bumpier than a broad global index.
• Mid-sized and only moderately traded, so spreads can run wider than in giant index ETFs. That shows up most on large or hurried orders.

Full MOO profile⁠

Full VEGI profile⁠