ETF Spotlight on Market Vectors Agribusiness ETF (NYSEArca: MOO), part of an ongoing series.
Assets: $5.8 billion.
Objective: The Market Vectors Agribusiness ETF tries to reflect the performance of the DAXglobal Agribusiness Index, which is a modified market cap-weighted Index that tracks the movements of companies that engage in the agriculture business and are traded on leading global exchanges.
Holdings: Top holdings include: Potash Corp of Saskatchewan Inc. (NYSE: POT) 8.24%, Monsanto Co. (NYSE: MON) 7.94%, Deere & Co. (NYSE: DE) 7.09%, Syngenta Ag (NYSE: SYT) 6.34% and Wilmar International 6.27%.