That could partially explain why CF shares have lagged this year. Heading into Monday’s trading session, the stock was down nearly 13% while the U.S. Natural Gas Fund (NYSEArca: UNG) was up almost 4% year-to-date.
It has been fertilizer stocks that have hampered MOO this year. Of a group consisting of Agrium, CF, Mosaic and Potash, the best performer this year has been Mosaic, which was down 8.5% before Monday.
Market Vectors Agribusiness ETF
ETF Trends editorial team contributed to this post.