Some investors are missing out on MOO’s recent positivity. The ETF was once home to over $5 billion in assets and the largest equity ETF in the Market Vectors stable. Investors have pulled almost $1.5 billion from MOO this year, making it one of the worst ETFs in terms of 2014 outflows. [Agribusiness ETF Proves Fallacy of Fund Flows]
Since the start of April, nearly $312 million has been pulled from MOO, but the ETF is up 2.3% since April 7.
Market Vectors Agribusiness ETF
ETF Trends editorial team contributed to this post.