CSNR vs. MOO

Last updated Jul 17, 2026

CSNR (Cohen & Steers Natural Resources Active ETF) and MOO (VanEck Agribusiness ETF) are both Natural Resources funds. CSNR is actively managed, while MOO is passively managed. Over the past year, CSNR returned 30.62% vs 15.37% for MOO. A 0.69 correlation means they provide meaningful diversification when combined. CSNR charges 0.50%/yr vs 0.56%/yr for MOO.

Performance

CSNR vs. MOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Natural Resources Active ETF (CSNR) and VanEck Agribusiness ETF (MOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSNR achieves a 11.48% return, which is significantly lower than MOO's 12.85% return.

CSNR

• 1D: -1.07%
• 1M: -4.95%
• 6M: 2.89%
• YTD: 11.48%
• 1Y: 30.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MOO

• 1D: 0.69%
• 1M: 5.33%
• 6M: 5.70%
• YTD: 12.85%
• 1Y: 15.37%
• 3Y*: 2.31%
• 5Y*: 0.55%
• 10Y*: 7.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSNR vs. MOO - Yearly Performance Comparison

	2026 (YTD)	2025
CSNR Cohen & Steers Natural Resources Active ETF	11.48%	26.83%
MOO VanEck Agribusiness ETF	12.85%	8.45%

Correlation

The correlation between CSNR and MOO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Feb 5, 2025	0.69

The correlation between CSNR and MOO has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.

Return for Risk

CSNR vs. MOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSNR

CSNR Risk / Return Rank: 62
CSNR Sharpe Ratio Rank: 66
CSNR Sortino Ratio Rank: 60
CSNR Omega Ratio Rank: 63
CSNR Calmar Ratio Rank: 62
CSNR Martin Ratio Rank: 60

MOO

MOO Risk / Return Rank: 34
MOO Sharpe Ratio Rank: 36
MOO Sortino Ratio Rank: 37
MOO Omega Ratio Rank: 34
MOO Calmar Ratio Rank: 33
MOO Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSNR vs. MOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Natural Resources Active ETF (CSNR) and VanEck Agribusiness ETF (MOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CSNR	MOO	Difference
Sharpe ratio: Return per unit of total volatility	1.73	1.08	+0.65
Sortino ratio: Return per unit of downside risk	2.29	1.63	+0.66
Omega ratio: Gain probability vs. loss probability	1.31	1.19	+0.11
Calmar ratio: Return relative to maximum drawdown	2.47	1.38	+1.09
Martin ratio: Return relative to average drawdown	8.28	3.55	+4.73

CSNR vs. MOO - Sharpe Ratio Comparison

The current CSNR Sharpe Ratio is 1.73, which is higher than the MOO Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of CSNR and MOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSNR vs. MOO - Drawdown Comparison

The maximum CSNR drawdown since its inception was -15.33%, smaller than the maximum MOO drawdown of -69.53%. Use the drawdown chart below to compare losses from any high point for CSNR and MOO.

Drawdown Indicators

	CSNR	MOO	Difference
Max Drawdown Largest peak-to-trough decline	-15.33%	-69.53%	+54.20%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-11.17%	-1.26%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-39.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.52%	—
Current Drawdown Current decline from peak	-9.83%	-15.44%	+5.61%
Average Drawdown Average peak-to-trough decline	-2.36%	-16.97%	+14.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	4.34%	-0.63%

Volatility

CSNR vs. MOO - Volatility Comparison

Cohen & Steers Natural Resources Active ETF (CSNR) has a higher volatility of 4.46% compared to VanEck Agribusiness ETF (MOO) at 4.22%. This indicates that CSNR's price experiences larger fluctuations and is considered to be riskier than MOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSNR	MOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	4.22%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	14.33%	11.11%	+3.22%
Volatility (1Y) Calculated over the trailing 1-year period	17.77%	14.31%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.76%	17.17%	+2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.76%	18.12%	+1.64%

CSNR vs. MOO - Expense Ratio Comparison

CSNR has a 0.50% expense ratio, which is lower than MOO's 0.56% expense ratio.

Dividends

CSNR vs. MOO - Dividend Comparison

CSNR's dividend yield for the trailing twelve months is around 1.97%, less than MOO's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSNR Cohen & Steers Natural Resources Active ETF	1.97%	2.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOO VanEck Agribusiness ETF	2.19%	2.47%	3.41%	2.93%	2.15%	1.17%	1.10%	1.26%	1.69%	1.44%	2.14%	2.89%

Frequently Asked Questions

Can I hold both CSNR and MOO in my portfolio?

CSNR and MOO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSNR or MOO?

CSNR has higher volatility (4.46%) compared to MOO (4.22%). In terms of maximum drawdown, CSNR dropped -15.33% vs MOO's -69.53%.

Which ETF is better, CSNR or MOO?

On 1-year performance, CSNR leads with 30.62% vs 15.37% for MOO. On fees, CSNR is cheaper at 0.50% per year. On volatility, MOO has been the lower-risk option at 4.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSNR or MOO?

Over the 1-year period, CSNR has performed better with a 30.62% return vs 15.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSNR or MOO?

CSNR is cheaper with a 0.50% expense ratio, compared with 0.56% for MOO.

Which ETF pays a higher dividend yield, CSNR or MOO?

MOO has the higher dividend yield at 2.19%, compared with 1.97% for CSNR.

What is the main difference between CSNR and MOO?

They also come from different issuers: Cohen & Steers and VanEck. Their fees differ too: 0.50% for CSNR and 0.56% for MOO.

Which has better risk-adjusted returns?

CSNR currently has the higher Sharpe Ratio (1.73 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.