MOO Fees and Costs — VanEck Agribusiness ETF
Data updated: 2026-08-26
The net expense ratio is 0.56%: a 0.50% management fee plus 0.06% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $149K in broker commissions, 0.0251% of average net assets, and portfolio turnover was 17%.
MOO Fees and Expenses
Annual operating expenses and sales charges of MOO. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MOO Costs Over Time
On $10,000 invested in MOO, assuming 5% a year before costs, total costs come to $369 over 5 years, cutting the return by 0.61% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $61 | $202 | $369 |
| Value after costs | $10,439 | $11,374 | $12,394 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
MOO Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0251%
- Total broker commissions: $149K
- Bought from dealers (principal trades, not a cost): $137.7M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $60.0M
- Net income from securities lending: $356K (0.060% of average net assets)
MOO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $41K | 27.64% |
| J.P. Morgan Securities LLC | $40K | 26.74% |
| BofA Securities, Inc. | $33K | 21.97% |
| UBS Securities LLC | $29K | 19.76% |
| Morgan Stanley & Co. LLC | $6K | 3.89% |
MOO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $119.9M | 87.07% |
| UBS Securities LLC | $10.6M | 7.73% |
| Mizuho Securities USA LLC | $7.2M | 5.19% |
| Morgan Stanley & Co. LLC | $3 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.