KAT vs. MOO

Last updated Aug 2, 2026

KAT (Scharf ETF) and MOO (VanEck Agribusiness ETF) are both exchange-traded funds - KAT is a Large Cap Blend Equities fund actively managed by Scharf Investments, while MOO is a Natural Resources fund tracking the MVIS Global Agribusiness Index. KAT is actively managed, while MOO is passively managed. Their 0.42 correlation means their historical movements had little consistent relationship. KAT charges 0.75%/yr vs 0.56%/yr for MOO.

Performance

KAT vs. MOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Scharf ETF (KAT) 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, KAT achieves a 3.63% return, which is significantly lower than MOO's 12.27% return.

KAT

• 1D: 1.14%
• 1M: 2.91%
• 6M: 2.43%
• YTD: 3.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

MOO

• 1D: -2.16%
• 1M: 1.00%
• 6M: 1.76%
• YTD: 12.27%
• 1Y: 16.07%
• 3Y*: 0.90%
• 5Y*: 0.10%
• 10Y*: 7.40%
• ALL TIME*: 5.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KAT Scharf ETF	$571.01K	$654.17K	$709.38K
MOO VanEck Agribusiness ETF	$14.26M	$13.98M	$22.17M

KAT vs. MOO - Yearly Performance Comparison

	2026 (YTD)	2025
KAT Scharf ETF	3.63%	0.85%
MOO VanEck Agribusiness ETF	12.27%	-1.49%

Correlation

The correlation between KAT and MOO is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025	0.42

KAT vs. MOO - Sectors Allocation Comparison

Sectors	KAT	MOO
Financial Services	27.0%	-
Healthcare	23.1%	16.8%
Industrials	15.1%	23.7%
Technology	13.2%	-
Communication Services	6.1%	-
Energy	5.7%	-
Consumer Cyclical	4.7%	-
Basic Materials	3.0%	26.1%
Consumer Defensive	2.1%	33.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

KAT vs. MOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KAT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

MOO

MOO Risk / Return Rank: 41
MOO Sharpe Ratio Rank: 44
MOO Sortino Ratio Rank: 44
MOO Omega Ratio Rank: 42
MOO Calmar Ratio Rank: 40
MOO Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KAT vs. MOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Scharf ETF (KAT) 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.

	KAT	MOO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.09	—
Sortino ratio: Return per unit of downside risk	—	1.63	—
Omega ratio: Gain probability vs. loss probability	—	1.19	—
Calmar ratio: Return relative to maximum drawdown	—	1.40	—
Martin ratio: Return relative to average drawdown	—	3.60	—

Drawdowns

KAT vs. MOO - Drawdown Comparison

The maximum KAT drawdown since its inception was -9.25%, smaller than the maximum MOO drawdown of -69.53%. Use the drawdown chart below to compare losses from any high point for KAT and MOO.

Drawdown Indicators

	KAT	MOO	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-69.53%	+60.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.85%	—
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	-1.89%	-15.87%	+13.98%
Average Drawdown Average peak-to-trough decline	-3.46%	-16.97%	+13.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.33%	—

Volatility

Volatility by Period

	KAT	MOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	14.29%	-3.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	17.18%	-6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.48%	18.14%	-7.66%

KAT vs. MOO - Expense Ratio Comparison

KAT has a 0.75% expense ratio, which is higher than MOO's 0.56% expense ratio.

Dividends

KAT vs. MOO - Dividend Comparison

KAT's dividend yield for the trailing twelve months is around 0.08%, less than MOO's 2.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KAT Scharf ETF	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOO VanEck Agribusiness ETF	2.20%	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 KAT and MOO in my portfolio?

KAT and MOO have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KAT or MOO?

On fees, MOO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KAT or MOO?

MOO is cheaper with a 0.56% expense ratio, compared with 0.75% for KAT.

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

MOO has the higher dividend yield at 2.20%, compared with 0.08% for KAT.

What is the main difference between KAT and MOO?

KAT is categorized as Large Cap Blend Equities, while MOO is Natural Resources. They also come from different issuers: Scharf Investments and VanEck. Their fees differ too: 0.75% for KAT and 0.56% for MOO.