KROP - ETF AI Analysis
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Global X AgTech & Food Innovation ETF (KROP)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Core Holdings
Several of the largest positions, including major agriculture and equipment companies, have shown strong year-to-date performance, helping support the ETF’s overall returns.
Focused AgTech and Food Exposure
The fund concentrates on agriculture technology and food innovation companies, giving investors targeted exposure to a specialized growth theme rather than the broad market.
Global Diversification Within the Theme
Holdings spread across the U.S., Japan, Germany, and other countries provide some geographic diversification, reducing reliance on any single market.
Negative Factors
High Concentration in a Few Stocks
A small number of companies make up a large share of the portfolio, which increases the impact that any one stock’s performance can have on the ETF.
Sector Concentration Risk
Heavy weighting in industrials and materials means the fund is sensitive to cycles in these sectors and less balanced across the broader economy.
Mixed Performance Among Top Holdings
While several key positions have performed well, a few notable holdings have shown weak or negative year-to-date performance, which can drag on overall returns.
KROP vs. SPDR S&P 500 ETF (SPY)
AUM9.19M
RegionGlobal
Expense Ratio0.50%
Beta0.61
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield2.13%
Asset ClassEquity
Index TrackedSolactive AgTech & Food Innovation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,226
30 Day Avg. Volume2,421
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
41.11Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering22
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KROP Summary
The Global X AgTech & Food Innovation ETF (KROP) tracks the Solactive AgTech & Food Innovation Index and focuses on companies using new technology to improve farming and food production. It holds well-known names like Deere and Bayer, along with other firms involved in precision farming, crop protection, and food supply chains. Someone might invest in KROP to tap into long-term growth from rising global food demand and the push for more efficient, sustainable agriculture, while also getting diversification across several countries and sectors. A key risk is that it’s a niche fund tied closely to agriculture, so its price can swing with farming and commodity trends.
How much will it cost me?The Global X AgTech & Food Innovation ETF (KROP) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average because it’s a sector-focused ETF that requires active management to track innovative companies in agriculture and technology.
What would affect this ETF?The Global X AgTech & Food Innovation ETF (KROP) could benefit from increasing global demand for sustainable food production and advancements in agricultural technology, such as precision farming and vertical agriculture. However, it may face challenges from fluctuating commodity prices, regulatory changes in agriculture, and potential economic slowdowns that could impact industrial and material sectors, which make up a significant portion of its holdings. Global exposure also means the ETF is sensitive to geopolitical tensions and trade policies affecting agriculture and technology industries.
KROP Top 10 Holdings
KROP is essentially a bet on the future of farming, with heavy exposure to big ag equipment and crop science. Deere and Corteva are doing much of the heavy lifting, both rising steadily as investors reward their push into precision agriculture and advanced seeds. Kubota and Nutrien add to the machinery-and-inputs backbone, though Nutrien’s more mixed recent performance keeps it from fully pulling its weight. On the downside, FMC is clearly lagging, acting like a flat tire on the portfolio. With names spanning the U.S., Europe, and Japan, this is a globally focused, agriculture-first ETF.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Deere | 13.39% | $1.24M | $167.59B | 20.18% | 66 Neutral | |
| Kubota | 11.46% | $1.06M | ¥3.14T | 24.18% | 76 Outperform | |
| Corteva | 11.32% | $1.05M | $51.26B | 5.53% | 75 Outperform | |
| Nutrien | 10.91% | $1.01M | $30.79B | 17.76% | 75 Outperform | |
| Bayer | 5.30% | $490.42K | €48.93B | 89.97% | 54 Neutral | |
| CNH Industrial | 4.71% | $436.16K | $13.50B | -15.96% | 55 Neutral | |
| Lindsay | 4.70% | $434.76K | $1.18B | -15.90% | 73 Outperform | |
| Agco | 4.09% | $378.52K | $7.20B | -8.87% | 59 Neutral | |
| Archer Daniels Midland | 3.85% | $356.07K | $36.91B | 38.11% | 64 Neutral | |
| FMC | 3.37% | $311.62K | $1.33B | -70.22% | 47 Neutral |
KROP Technical Analysis
Neutral
―
Price Trends
34.85
Positive
34.86
Positive
33.57
Positive
Market Momentum
<0.01
Positive
48.28
Neutral
49.42
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KROP, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 35.23, equal to the 50-day MA of 34.85, and equal to the 200-day MA of 33.57, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 48.28 is Neutral, neither overbought nor oversold. The STOCH value of 49.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KROP.
KROP Peer Comparison
Comparison Results
Performance Comparison
KROP
Global X AgTech & Food Innovation ETF
35.01
3.45
10.93%
CSNR
Cohen & Steers Natural Resources Active ETF
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SOCL
Global X Social Media ETF
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IQM
Franklin Intelligent Machines ETF
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FITZ
Fitz-Gerald Must Have Portfolio 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.
DisclaimerThis 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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