FTAG vs. MOO

Last updated Jun 23, 2026

FTAG (First Trust Indxx Global Agriculture ETF) and MOO (VanEck Agribusiness ETF) are both Large Cap Blend Equities funds - FTAG tracks the Indxx Global Agriculture Index while MOO tracks the MVIS Global Agribusiness Index. Both are passively managed. Over the past 10 years, FTAG returned 5.50%/yr vs 7.05%/yr for MOO. A 0.65 correlation means they provide meaningful diversification when combined. FTAG charges 0.70%/yr vs 0.55%/yr for MOO.

Performance

FTAG vs. MOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Global Agriculture ETF (FTAG) 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, FTAG achieves a 8.00% return, which is significantly higher than MOO's 5.65% return. Over the past 10 years, FTAG has underperformed MOO with an annualized return of 5.50%, while MOO has yielded a comparatively higher 7.05% annualized return.

FTAG

• 1D: 0.11%
• 1M: -2.64%
• YTD: 8.00%
• 6M: 8.40%
• 1Y: 10.13%
• 3Y*: 4.14%
• 5Y*: 1.55%
• 10Y*: 5.50%

MOO

• 1D: -0.08%
• 1M: -4.20%
• YTD: 5.65%
• 6M: 6.16%
• 1Y: 6.83%
• 3Y*: 1.40%
• 5Y*: -0.97%
• 10Y*: 7.05%

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

FTAG vs. MOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTAG First Trust Indxx Global Agriculture ETF	8.00%	14.82%	-6.72%	-7.28%	-4.52%	17.31%	13.88%	9.05%	-19.46%	24.88%
MOO VanEck Agribusiness ETF	5.65%	15.61%	-12.43%	-8.57%	-8.10%	23.99%	14.59%	22.29%	-6.03%	21.75%

Correlation

The correlation between FTAG and MOO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Mar 12, 2010	0.65

Over the past year, FTAG and MOO have become more correlated (0.87) than their long-term average of 0.65, meaning their price movements have been converging.

FTAG vs. MOO - Sectors Allocation Comparison

Sectors	FTAG	MOO
Basic Materials	55.6%	25.2%
Industrials	24.0%	21.7%
Consumer Defensive	8.5%	37.8%
Healthcare	7.7%	15.3%
Consumer Cyclical	4.2%	-
Communication Services	-	-
Energy	-	-
Financial Services	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

FTAG vs. MOO — Risk / Return Rank

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

FTAG

FTAG Risk / Return Rank: 21
FTAG Sharpe Ratio Rank: 21
FTAG Sortino Ratio Rank: 21
FTAG Omega Ratio Rank: 20
FTAG Calmar Ratio Rank: 23
FTAG Martin Ratio Rank: 21

MOO

MOO Risk / Return Rank: 16
MOO Sharpe Ratio Rank: 16
MOO Sortino Ratio Rank: 15
MOO Omega Ratio Rank: 14
MOO Calmar Ratio Rank: 16
MOO Martin Ratio Rank: 17

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.

FTAG vs. MOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Global Agriculture ETF (FTAG) 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.

	FTAG	MOO	Difference
Sharpe ratio: Return per unit of total volatility	0.72	0.49	+0.23
Sortino ratio: Return per unit of downside risk	1.12	0.79	+0.33
Omega ratio: Gain probability vs. loss probability	1.13	1.09	+0.04
Calmar ratio: Return relative to maximum drawdown	1.06	0.64	+0.43
Martin ratio: Return relative to average drawdown	2.47	1.74	+0.74

FTAG vs. MOO - Sharpe Ratio Comparison

The current FTAG Sharpe Ratio is 0.72, which is higher than the MOO Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of FTAG 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

FTAG vs. MOO - Drawdown Comparison

The maximum FTAG drawdown since its inception was -90.89%, which is greater than MOO's maximum drawdown of -69.53%. Use the drawdown chart below to compare losses from any high point for FTAG and MOO.

Drawdown Indicators

	FTAG	MOO	Difference
Max Drawdown Largest peak-to-trough decline	-90.89%	-69.53%	-21.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-10.75%	+1.19%
Max Drawdown (3Y) Largest decline over 3 years	-21.87%	-26.83%	+4.96%
Max Drawdown (5Y) Largest decline over 5 years	-32.77%	-39.52%	+6.75%
Max Drawdown (10Y) Largest decline over 10 years	-50.79%	-39.52%	-11.27%
Current Drawdown Current decline from peak	-79.11%	-20.84%	-58.27%
Average Drawdown Average peak-to-trough decline	-71.25%	-16.97%	-54.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.11%	3.94%	+0.17%

Volatility

FTAG vs. MOO - Volatility Comparison

First Trust Indxx Global Agriculture ETF (FTAG) has a higher volatility of 3.88% compared to VanEck Agribusiness ETF (MOO) at 3.35%. This indicates that FTAG'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

	FTAG	MOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	3.35%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	10.87%	10.82%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	14.15%	14.08%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.40%	17.12%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	18.20%	+1.45%

FTAG vs. MOO - Expense Ratio Comparison

FTAG has a 0.70% expense ratio, which is higher than MOO's 0.55% expense ratio.

Dividends

FTAG vs. MOO - Dividend Comparison

FTAG's dividend yield for the trailing twelve months is around 1.41%, less than MOO's 2.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTAG First Trust Indxx Global Agriculture ETF	1.41%	1.39%	2.89%	3.68%	1.77%	1.58%	1.72%	2.33%	2.16%	1.26%	0.61%	1.35%
MOO VanEck Agribusiness ETF	2.34%	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 FTAG and MOO in my portfolio?

FTAG and MOO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTAG or MOO?

FTAG has higher volatility (3.88%) compared to MOO (3.35%). In terms of maximum drawdown, FTAG dropped -90.89% vs MOO's -69.53%.

Which ETF is better, FTAG or MOO?

On 10-year performance, MOO leads with 7.05% vs 5.50% for FTAG. On fees, MOO is cheaper at 0.55% per year. On volatility, MOO has been the lower-risk option at 3.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTAG or MOO?

Over the 10-year period, MOO has performed better with a 7.05% return vs 5.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTAG or MOO?

MOO is cheaper with a 0.55% expense ratio, compared with 0.70% for FTAG.

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

MOO has the higher dividend yield at 2.34%, compared with 1.41% for FTAG.

What is the main difference between FTAG and MOO?

FTAG tracks Indxx Global Agriculture Index, while MOO tracks MVIS Global Agribusiness Index. They also come from different issuers: First Trust and VanEck. Their fees differ too: 0.70% for FTAG and 0.55% for MOO.

Which has better risk-adjusted returns?

FTAG currently has the higher Sharpe Ratio (0.72 vs 0.49), 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.