Van Eck Global Market Vectors Agribusiness ETF Is Volatile

Van Eck Global Market Vectors Agribusiness ETF (MOO), an exchange-traded fund (ETF), holds around 40 global stocks engaged in the agriculture business. MOO tracks the DAXglobal® Agribusiness Index (DXAG), which includes agriculture chemical, agriproduct operations, agriculture equipment, livestock and ethanol/biodiesel stocks.

Currently, the top five holdings in MOO are Mosaic (MOS), Monsanto (MON), Deere & Company (DE), Potash (POT) and Komatsu (KMTUY.PK)

The chart of daily closes shows the volatile price pattern of MOO, indicating that it is best purchased on price dips.

Related Articles:

Ethanol and Ethanol-Related Stocks
Farm, Mining and Construction Equipment Stocks
Fertilizer Stocks
Portfolio of Agribusiness Stocks

Posted January 28, 2008.