MOO vs. PHO
Compare and contrast key facts about VanEck Vectors Agribusiness ETF (MOO) and Invesco Water Resources ETF (PHO).
MOO and PHO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOO is a passively managed fund by VanEck that tracks the performance of the DAXglobal Agribusiness Index. It was launched on Aug 31, 2007. PHO is a passively managed fund by Invesco that tracks the performance of the NASDAQ OMX US Water Index. It was launched on Dec 6, 2005. Both MOO and PHO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOO or PHO.
Performance
MOO vs. PHO - Performance Comparison
Returns By Period
In the year-to-date period, MOO achieves a -6.60% return, which is significantly lower than PHO's 16.00% return. Over the past 10 years, MOO has underperformed PHO with an annualized return of 4.60%, while PHO has yielded a comparatively higher 10.85% annualized return.
MOO
-6.60%
-1.39%
-2.32%
-0.92%
3.31%
4.60%
PHO
16.00%
1.14%
5.03%
26.54%
14.35%
10.85%
Key characteristics
| MOO | PHO | |
|---|---|---|
| Sharpe Ratio | -0.09 | 1.84 |
| Sortino Ratio | -0.03 | 2.59 |
| Omega Ratio | 1.00 | 1.31 |
| Calmar Ratio | -0.04 | 3.60 |
| Martin Ratio | -0.25 | 9.85 |
| Ulcer Index | 5.31% | 2.78% |
| Daily Std Dev | 14.26% | 14.88% |
| Max Drawdown | -69.53% | -55.62% |
| Current Drawdown | -30.88% | -2.39% |
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MOO vs. PHO - Expense Ratio Comparison
MOO has a 0.54% expense ratio, which is lower than PHO's 0.60% expense ratio.
Correlation
The correlation between MOO and PHO is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
MOO vs. PHO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Agribusiness ETF (MOO) and Invesco Water Resources ETF (PHO). 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.
Dividends
MOO vs. PHO - Dividend Comparison
MOO's dividend yield for the trailing twelve months is around 3.14%, more than PHO's 0.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOO VanEck Vectors Agribusiness ETF | 3.14% | 2.94% | 2.15% | 1.17% | 1.10% | 1.32% | 1.69% | 1.44% | 2.14% | 2.89% | 3.21% | 1.91% |
PHO Invesco Water Resources ETF | 0.46% | 0.59% | 0.49% | 0.20% | 0.39% | 0.43% | 0.46% | 0.34% | 0.47% | 0.75% | 0.59% | 0.49% |
Drawdowns
MOO vs. PHO - Drawdown Comparison
The maximum MOO drawdown since its inception was -69.53%, which is greater than PHO's maximum drawdown of -55.62%. Use the drawdown chart below to compare losses from any high point for MOO and PHO. For additional features, visit the drawdowns tool.
Volatility
MOO vs. PHO - Volatility Comparison
The current volatility for VanEck Vectors Agribusiness ETF (MOO) is 3.84%, while Invesco Water Resources ETF (PHO) has a volatility of 4.55%. This indicates that MOO experiences smaller price fluctuations and is considered to be less risky than PHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.