The ETF’s top three holdings are Monsanto (NYSE: MON), Deere (NYSE: DE) and Potash (NYSE: POT).
“The fund owns the world’s largest agribusiness firms, which have had robust growth amid strong demand for grain and other agricultural products from developing nations like China,” Morningstar writes in an analyst report on the ETF. “This fund’s returns can be choppy, as its holdings are greatly affected by volatile agricultural commodity prices.”
Other sector ETFs here include PowerShares DB Agriculture Fund (NYSEArca: DBA), IndexIQ Global Agribusiness Small Cap (NYSEArca: CROP) and PowerShares Global Agriculture (NasdaqGM: PAGG), Jefferies CRB Global Agriculture Equity (NYSEArca: CRBA), Global X Farming (NYSEArca: BARN) and Global X Fertilizers/Potash (NYSEArca: SOIL).
Market Vectors Agribusiness
