AMEX: MOO       Agribusiness ETF Vaneck
Last Price Today's Change   Day's Range   Trading Volume
75.44   -0.52 (0.68%)  75.33 - 75.711  22,900


Avg Volume (4 weeks):145,842
4 Weeks Range:68.29 - 76.241
4 Weeks Price Volatility (%):
52 Weeks Range:42.52 - 76.241
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges. DXAG provides exposure to companies worldwide that derive at least 50% of their revenues from agriculture business. Companies eligible for inclusion in DXAG should have market capitalization exceeding $150 million; should have worldwide daily average trading volume of at least $1 million over past six months and in each of the past two months, and should have maintained monthly trading volume of 250,000 shares over past six months. DXAG comprises five major sub-sectors, including agriproduct and livestock operations, agricultural chemicals and equipment, and ethanol/biodiesel. Its investment advisor is Van Eck Associates Corporation.

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