VanEck Vectors Agribusiness ETFFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$47.88
- Net Assets:$1,576.1 Million
- Peer Rank:163 of 269
- Investment Rating:C-
We rate VanEck Vectors Agribusiness ETF at C-. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Global Equity strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The VanEck Vectors Agribusiness ETF has returned an annual rate of 3.33% since inception. More recently, the fund has generated a total return of -0.63% in the last five years, 0.42% in the last three years, and -11.26% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 28% of them. It has also outpaced 28% of its competitors on a three year basis and 19% of them over the last year for the period ending 6/30/2016. On a year to date basis, MOO has returned 3.31%.
Downside risk has been below average. MOO has a draw down risk of -22.92%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 13.0%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $47.88, which is 5.2% below its 52-week high of $50.50 and 4.2% above its 52-week low of $45.95.
Low expense ratio helps performance. As MOO is an exchange traded fund, it has no front end or back end load.
The VanEck Vectors Agribusiness ETF is managed by Hao-Hung Liao at Van Eck Associates Corporation. This fund is one of 57 Van Eck Associates Corporation exchange-traded funds launched since 5/16/2006 that we track.