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Agribusiness ETFs Could Be in for Tough 2013
Editor's Note: This content was originally published on by The ETF Professor Benzinga Staff Writer. The Market Vectors Agribusiness ETF (NYSEARCA:MOO) is up 10.5% this year. That would appear to be a decent gain but when considering the SPDR S&P 500 (NYSEARCA:SPY) has outperformed MOO by nearly 300 basis points with 430 basis points less in volatility a case can be made that some agribusiness ETFs are laggards relative to the risks this sub-sector presents. That laggard status could be reborn next year amid expectations for lower potash prices. China and India the world's two largest consumers of ...
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