VEGI vs TURF

Comparison between ISHARES MSCI AGRICULTURE PRODUCERS ETF (VEGI, ETF) and T. ROWE PRICE NATURAL RESOURCES ETF (TURF, ETF).

VEGI vs TURF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VEGI(ETF)	TURF(ETF)
Net Assets	$157M	$157M
Expense Ratio	0.39%	0.44%
Max Drawdown	39.71%	13.24%
Sharpe Ratio	0.85	1.47
5Y Beta	0.53	0.57
P/E Ratio	25.21	28.11
Forward P/E	19.10	14.33
PEG Ratio	0.45	0.28
5Y Dividends CAGR	11.58%	N/A
5Y EPS CAGR	14.71%	N/A
Debt to Equity	33.27%	24.76%
P/S Ratio	1.26	1.15
P/B Ratio	2.72	1.97

Net Assets

Winner

VEGI

$157M

TURF

$157M

Expense Ratio

Winner

VEGI

0.39%

TURF

0.44%

Max Drawdown

VEGI

39.71%

Winner

TURF

13.24%

Sharpe Ratio

VEGI

0.85

Winner

TURF

1.47

5Y Beta

Winner

VEGI

0.53

TURF

0.57

P/E Ratio

Winner

VEGI

25.21

TURF

28.11

Forward P/E

VEGI

19.10

Winner

TURF

14.33

PEG Ratio

VEGI

0.45

Winner

TURF

0.28

5Y Dividends CAGR

VEGI

11.58%

TURF

N/A

5Y EPS CAGR

VEGI

14.71%

TURF

N/A

Debt to Equity

VEGI

33.27%

Winner

TURF

24.76%

P/S Ratio

VEGI

1.26

Winner

TURF

1.15

P/B Ratio

VEGI

2.72

Winner

TURF

1.97

VEGI vs TURF - Holdings Comparison

VEGI and TURF have 6 common holdings. Overlap is 10.53%

VEGI's top 25 holdings weight is 83.31%. TURF's top 25 holdings weight is 66.64%.

Rank	VEGI	TURF
#1	DEERE & CO (DE) - 29.29%	CORTEVA INC (CTVA) - 6.22%
#2	CORTEVA INC (CTVA) - 10.80%	SHELL PLC (n/a) - 4.27%
#3	ARCHER-DANIELS-MIDLAND CO (ADM) - 6.99%	EXXONMOBIL HOLDINGS CORP (XOM) - 4.21%
#4	NUTRIEN LTD (n/a) - 5.75%	BHP GROUP LTD (n/a) - 4.06%
#5	CF INDUSTRIES HOLDINGS INC (CF) - 3.16%	NUTRIEN LTD (n/a) - 4.04%
#6	KUBOTA CORP (n/a) - 3.04%	ARCHER-DANIELS-MIDLAND CO (ADM) - 3.71%
#7	BUNGE GLOBAL SA (BG) - 2.55%	YUAN RENMINBI OFFSHORE (n/a) - 3.28%
#8	CNH INDUSTRIAL NV (CNH) - 1.85%	CHEVRON CORP (CVX) - 3.04%
#9	THE TORO CO (TTC) - 1.79%	CANADIAN NATURAL RESOURCES LTD (CNQ) - 2.50%
#10	DARLING INGREDIENTS INC (DAR) - 1.65%	FREEPORT-MCMORAN INC (FCX) - 2.47%
#11	WH GROUP LTD SHS UNITARY 144A/REG S (n/a) - 1.55%	TYSON FOODS INC CLASS A (TSN) - 2.45%
#12	MOWI ASA (n/a) - 1.53%	AGNICO EAGLE MINES LTD (n/a) - 2.41%
#13	SABIC AGRI-NUTRIENT CO (n/a) - 1.46%	US DOLLAR (n/a) - 2.29%
#14	AGCO CORP (AGCO) - 1.36%	SUNCOR ENERGY INC (SU) - 2.26%
#15	YARA INTERNATIONAL ASA (n/a) - 1.33%	GLENCORE PLC (n/a) - 2.04%
#16	THE MOSAIC CO (MOS) - 1.28%	CONOCOPHILLIPS (COP) - 2.02%
#17	TATA CONSUMER PRODUCTS LTD (n/a) - 1.17%	MUYUAN FOODS GROUP CO LTD CLASS A (n/a) - 1.92%
#18	INGREDION INC (INGR) - 1.12%	BUNGE GLOBAL SA (BG) - 1.85%
#19	LAMB WESTON HOLDINGS INC (LW) - 1.08%	MOWI ASA (n/a) - 1.82%
#20	ALMARAI CO (n/a) - 1.03%	TOTALENERGIES SE (TTE) - 1.75%
#21	WILMAR INTERNATIONAL LTD (n/a) - 0.85%	CENOVUS ENERGY INC (CVE) - 1.69%
#22	CRANSWICK PLC (n/a) - 0.75%	UPM-KYMMENE OYJ (n/a) - 1.64%
#23	ICL GROUP LTD (n/a) - 0.68%	CAMECO CORP (n/a) - 1.64%
#24	CAL-MAINE FOODS INC (CALM) - 0.65%	UNITED PLANTATION BHD (n/a) - 1.54%
#25	SALMAR ASA (n/a) - 0.60%	FRANCO-NEVADA CORP (FNV) - 1.52%
Total Holdings	156	95

VEGI vs TURF - Historical Returns

Returns include dividend reinvestment.

Period	VEGI	TURF
1 month	+6.45%	+3.91%
3 months	+0.87%	-5.27%
6 months	+9.43%	+0.75%
1 year	+12.67%	+27.77%
5 years(CAGR)	+5.51%	N/A
10 years(CAGR)	+8.90%	N/A
Max(CAGR)	+6.12%	+28.85%

Winner

VEGI

+6.45%

TURF

+3.91%

Winner

VEGI

+0.87%

TURF

-5.27%

Winner

VEGI

+9.43%

TURF

+0.75%

VEGI

+12.67%

Winner

TURF

+27.77%

5Y(CAGR)

VEGI

+5.51%

TURF

N/A

10Y(CAGR)

VEGI

+8.90%

TURF

N/A

Max(CAGR)

VEGI

+6.12%

Winner

TURF

+28.85%

VEGI vs TURF - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	VEGI	TURF
2026	+17.70%	+11.62%
2025	+11.64%	+17.04%
2024	-4.98%	N/A
2023	-7.35%	N/A
2022	+5.46%	N/A
2021	+21.66%	N/A
2020	+19.41%	N/A
2019	+13.84%	N/A
2018	-10.30%	N/A
2017	+19.72%	N/A
2016	+16.32%	N/A
2015	-12.91%	N/A
2014	+0.22%	N/A
2013	+2.01%	N/A
2012	+7.22%	N/A

VEGI vs TURF Drawdown Comparison

The maximum drawdown for VEGI was -37.37%, occurring on Mar 18, 2020. Recovery took 679 trading sessions.

The maximum drawdown for TURF was -13.24%, occurring on Jul 1, 2026. This drawdown has not yet recovered.

The current VEGI drawdown is -2.61%. The current TURF drawdown is -7.68%.

Rank	VEGI	TURF
#1	-37.37% Jan 26, 2018 - Oct 7, 2020	-13.24% Mar 2, 2026 - Jul 1, 2026
#2	-28.84% Apr 20, 2022 - Feb 11, 2026	-4.92% Jan 29, 2026 - Feb 11, 2026
#3	-27.90% May 22, 2015 - Jun 13, 2017	-4.40% Jul 23, 2025 - Aug 22, 2025
#4	-13.50% Mar 26, 2012 - Sep 13, 2012	-4.29% Oct 6, 2025 - Nov 11, 2025
#5	-13.37% May 8, 2013 - May 29, 2014	-3.88% Nov 12, 2025 - Nov 28, 2025
#6	-11.78% May 7, 2021 - Jan 12, 2022	-3.32% Jun 16, 2025 - Jul 2, 2025
#7	-10.76% Jul 7, 2014 - May 14, 2015	-3.06% Feb 11, 2026 - Feb 24, 2026
#8	-8.61% Feb 20, 2026 - Jun 10, 2026	-2.40% Dec 11, 2025 - Dec 22, 2025
#9	-6.47% Feb 1, 2013 - May 8, 2013	-2.00% Jul 2, 2025 - Jul 22, 2025
#10	-6.14% Sep 19, 2012 - Dec 11, 2012	-1.38% Dec 4, 2025 - Dec 11, 2025
#11	-5.82% Feb 22, 2012 - Mar 26, 2012	-1.22% Jan 6, 2026 - Jan 9, 2026
#12	-5.81% Oct 12, 2020 - Nov 6, 2020	-0.92% Dec 1, 2025 - Dec 3, 2025
#13	-5.48% Feb 16, 2022 - Mar 2, 2022	-0.88% Dec 26, 2025 - Jan 2, 2026
#14	-5.30% Jan 14, 2021 - Feb 5, 2021	-0.83% Sep 15, 2025 - Sep 23, 2025
#15	-4.65% Mar 15, 2021 - Apr 16, 2021	-0.81% Aug 29, 2025 - Sep 10, 2025

Correlation

Correlation between VEGI and TURF is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2012 - 2026)

VEGI vs TURF dividend yield comparison.

Year	VEGI	TURF
2026	0.79%	0.00%
2025	2.33%	1.49%
2024	2.62%	0.00%
2023	2.54%	0.00%
2022	1.49%	0.00%
2021	1.46%	0.00%
2020	1.55%	0.00%
2019	1.84%	0.00%
2018	2.02%	0.00%
2017	1.75%	0.00%
2016	2.13%	0.00%
2015	2.49%	0.00%
2014	2.03%	0.00%
2013	1.53%	0.00%
2012	1.24%	0.00%