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VEGI - ETF AI Analysis
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iShares MSCI Global Agriculture Producers ETF (VEGI)
Rating:56Neutral
Price Target:
$40.00
Positive Factors
Strong Top Holdings
Several key positions, such as Archer Daniels Midland and Nutrien, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF is spread across three major sectors—industrials, materials, and consumer defensive—helping to balance risks from sector-specific downturns.
Reasonable Expense Ratio
The fund has a relatively low expense ratio compared to many specialized ETFs, making it cost-effective for investors.
Negative Factors
High Concentration in Top Holdings
Deere alone accounts for nearly a quarter of the portfolio, increasing exposure to the performance of a single company.
Weak Recent Performance
The ETF has struggled over the past three months and one month, reflecting short-term challenges in its holdings or sectors.
Geographic Overweight in the U.S.
With over 60% of its exposure in U.S. companies, the fund is less diversified geographically and more sensitive to U.S. market conditions.
VEGI vs. SPDR S&P 500 ETF (SPY)
AUM86.27M
RegionGlobal
Expense Ratio0.39%
Beta0.60
IssueriShares
Inception DateJan 31, 2012
Dividend Yield2.47%
Asset ClassEquity
Index TrackedMSCI ACWI Select Agriculture Producers IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume9,507
30 Day Avg. Volume11,210
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
43.15Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering124
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
VEGI Summary
The iShares MSCI Global Agriculture Producers ETF (VEGI) focuses on companies involved in global agriculture, including food production, equipment, and services. It tracks the MSCI ACWI Select Agriculture Producers Index and includes well-known companies like Deere and Corteva. This ETF is ideal for investors looking to benefit from the growing demand for food and sustainable farming practices, as agriculture is essential to human survival and poised for growth due to population increases. However, new investors should be aware that the ETF’s performance can be affected by changes in commodity prices and global economic conditions.
How much will it cost me?The iShares MSCI Global Agriculture Producers ETF (VEGI) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it focuses on a specific niche—global agriculture—requiring more specialized management.
What would affect this ETF?The iShares MSCI Global Agriculture Producers ETF (VEGI) could benefit from increasing global food demand driven by population growth and the shift toward sustainable farming practices, which align with its focus on agriculture and innovation. However, it may face challenges from fluctuating commodity prices, regulatory changes in agriculture, and potential economic slowdowns that could impact industrial and material sectors heavily represented in its portfolio. Additionally, interest rate hikes could affect the cost structures of top holdings like Deere and Corteva, which are involved in equipment and agricultural services.
VEGI Top 10 Holdings
The VEGI ETF is deeply rooted in the agriculture sector, with a strong tilt toward industrials and materials companies driving its performance. Deere, the fund’s largest holding, has been losing traction recently, weighed down by market challenges in North America. Corteva is also lagging, as valuation concerns and bearish momentum dampen its outlook. On the brighter side, Archer Daniels Midland and Bunge Global are rising stars, benefiting from strategic initiatives and robust cash flow. With global exposure, this ETF taps into the essential food production industry, though its reliance on a few key players adds a layer of concentration risk.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Deere | 26.00% | $22.14M | $128.67B | 18.44% | 66 Neutral | |
| Corteva | 9.25% | $7.88M | $43.17B | 10.75% | 75 Outperform | |
| Archer Daniels Midland | 5.99% | $5.10M | $28.23B | 15.17% | 63 Neutral | |
| Nutrien | 5.90% | $5.02M | C$38.71B | 25.81% | 68 Neutral | |
| Bunge Global | 2.79% | $2.38M | $18.17B | 7.43% | 74 Outperform | |
| Cf Industries Holdings | 2.78% | $2.36M | $12.59B | -7.32% | 68 Neutral | |
| Kubota | 2.73% | $2.32M | ¥2.36T | 1.21% | 70 Outperform | |
| ― | 2.14% | $1.82M | ― | ― | ― | |
| WH Group | 2.00% | $1.70M | HK$112.65B | 41.86% | 75 Outperform | |
| CNH Industrial | 1.81% | $1.54M | $12.16B | -14.09% | 54 Neutral |
VEGI Technical Analysis
Negative
―
Price Trends
39.20
Negative
39.79
Negative
38.78
Positive
Market Momentum
-0.08
Negative
46.59
Neutral
57.99
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For VEGI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 38.99, equal to the 50-day MA of 39.20, and equal to the 200-day MA of 38.78, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 46.59 is Neutral, neither overbought nor oversold. The STOCH value of 57.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VEGI.
VEGI Peer Comparison
Comparison Results
Performance Comparison
VEGI
iShares MSCI Global Agriculture Producers ETF
38.80
2.97
8.29%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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AGIX
KraneShares Artificial Intelligence & Technology ETF
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EVX
VanEck Environmental Services ETF
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KROP
Global X AgTech & Food Innovation ETF
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FTAG
First Trust Indxx Global Agriculture ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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