Agribusiness vs the S&P 500 (MOO): is it outperforming?
Over the past month, MOO has outperformed the S&P 500 by 2.4 points. Here is where that puts it in the sector rotation — updated daily.
Where MOO sits on the rotation map
Agribusiness highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.
MOO vs SPY: head-to-head returns
MOO (agribusiness) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means MOO won that window.
Data as of 2026-07-13 · computed from daily adjusted closes · how we measure
The read
Agribusiness (MOO) has just turned the corner. Over the longer, time-shifted window it trailed the S&P 500 by 16.0 points, but over the past month it has moved clearly ahead of the market — a 2.4-point edge that puts it in the improving quadrant. Ranked by one-month spread, it currently stands #21 of the 115 groups Zensei tracks.
On the shorter tape, MOO's momentum is mixed: the longer intraday trend is still positive, but the recent windows have gone flat. MOO's relative-strength line — its price ratio against the S&P 500 — is trading above its moving averages, the healthiest configuration we track. The longer trend remains healthier than the recent tape suggests — the kind of divergence worth rechecking in a week.
The exposure comes via VanEck Agribusiness ETF, whose 17 tracked holdings are led by CORTEVA INC, DEERE & CO and ZOETIS INC CLASS A. Weighted by portfolio, the fund's holdings trade at roughly 33.9× earnings and 2.1× sales. The thing to watch from here is confirmation: improving groups that hold a positive one-month spread long enough for the longer window to turn are the classic early-rotation entries — the ones that fail fall back quickly.
What's inside MOO
Top 5 of 17 tracked holdings, by portfolio weight.
Agribusiness vs the market — common questions
Is agribusiness outperforming the S&P 500?
Right now, yes: over the past month MOO has outperformed the S&P 500 by 2.4 points. This page updates daily, so the answer reflects current market data rather than a dated article.
What is MOO?
MOO is VanEck Agribusiness ETF, the fund Zensei uses to measure the agribusiness group against the S&P 500 benchmark (SPY).
Which stocks are in MOO?
MOO's largest tracked positions are CORTEVA INC, DEERE & CO, ZOETIS INC CLASS A, ARCHER-DANIELS-MIDLAND CO, TYSON FOODS INC CLASS A — 17 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.
What quadrant is agribusiness in right now?
As of the latest daily data, agribusiness is in the improving quadrant — behind the market over the longer window, but ahead over the past month. The quadrant rules are documented on the Zensei methodology page.
Related sectors
Track agribusiness against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.