KROP - ETF AI Analysis
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Global X AgTech & Food Innovation ETF (KROP)
Rating:58Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and in recent months, indicating positive momentum in its strategy.
Leading AgTech and Food Companies
Several of the largest holdings, such as major equipment and agricultural input providers, have delivered strong performance, helping support the fund’s returns.
Global but U.S.-Focused Exposure
The fund invests mostly in U.S. companies while still including meaningful exposure to Canada, Japan, and Europe, offering some international diversification.
Negative Factors
High Concentration in Top Holdings
A large share of the portfolio is tied up in a few names like Deere, Corteva, Nutrien, and Kubota, which increases the impact if any of these stocks stumble.
Sector Concentration Risk
Heavy weights in Industrials and Materials mean the ETF is very sensitive to cycles in equipment, chemicals, and commodity-related businesses.
Mixed Performance Among Top Stocks
Some notable holdings such as Lindsay and Sprouts Farmers have shown weak performance, which can drag on overall returns if the weakness continues.
KROP vs. SPDR S&P 500 ETF (SPY)
AUM9.04M
RegionGlobal
Expense Ratio0.50%
Beta0.63
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield2.4%
Asset ClassEquity
Index TrackedSolactive AgTech & Food Innovation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,283
30 Day Avg. Volume4,150
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
38.83Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KROP Summary
KROP is the Global X AgTech & Food Innovation ETF, which follows the Solactive AgTech & Food Innovation Index. It focuses on companies using technology to improve farming and food, such as precision agriculture, crop science, and food distribution. The fund holds well-known names like Deere and Corteva, along with other agriculture and food-related businesses from the U.S. and around the world. Someone might invest in KROP to tap into long-term growth in food technology and to support more sustainable farming. A key risk is that it’s concentrated in agriculture and can rise or fall sharply with that sector.
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 heavily anchored in industrial and materials names, with a global tilt that leans on big farm-equipment and crop-input players. Kubota and Corteva have been steady to rising, helping keep the fund’s engine humming, while Archer Daniels Midland has recently added some extra horsepower. On the flip side, Deere, Nutrien, and CNH Industrial have been losing a bit of traction, and FMC is clearly lagging, acting like a headwind. Overall, it’s a concentrated bet on AgTech and farm infrastructure rather than a broad, all-weather equity mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kubota | 14.02% | $1.32M | ¥3.07T | 76.68% | 76 Outperform | |
| Corteva | 13.46% | $1.27M | $53.21B | 15.20% | 75 Outperform | |
| Deere | 13.17% | $1.24M | $142.93B | 3.74% | 66 Neutral | |
| Nutrien | 12.85% | $1.21M | $33.71B | 17.53% | 75 Outperform | |
| Archer Daniels Midland | 4.93% | $464.83K | $37.36B | 61.70% | 64 Neutral | |
| CNH Industrial | 4.41% | $415.82K | $12.54B | -20.77% | 55 Neutral | |
| Agco | 4.39% | $414.12K | $8.17B | 12.30% | 59 Neutral | |
| FMC | 3.74% | $352.96K | $1.64B | -65.70% | 47 Neutral | |
| Sprouts Farmers | 3.72% | $350.71K | $8.15B | -46.94% | 69 Neutral | |
| Lindsay | 3.49% | $328.87K | $1.14B | -20.86% | 73 Outperform |
KROP Technical Analysis
Neutral
―
Price Trends
34.91
Negative
34.46
Positive
32.61
Positive
Market Momentum
0.01
Positive
41.21
Neutral
11.40
Positive
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 35.31, equal to the 50-day MA of 34.91, and equal to the 200-day MA of 32.61, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 41.21 is Neutral, neither overbought nor oversold. The STOCH value of 11.40 is Positive, 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
34.50
3.48
11.22%
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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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