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KROP - ETF AI Analysis
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Global X AgTech & Food Innovation ETF (KROP)
Rating:59Neutral
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 Deere, Corteva, and FMC, have delivered strong year-to-date performance, helping support the fund’s returns.
Global Exposure Within a Focused Theme
Holdings spread across the U.S., Canada, Japan, and other countries provide some geographic diversification within the agriculture and food innovation theme.
Negative Factors
High Concentration in Top Holdings
A small number of companies make up a large share of the portfolio, which increases the impact if any of these stocks perform poorly.
Sector Concentration Risk
Heavy exposure to Industrials and Materials means the ETF is sensitive to downturns in these specific sectors.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns for investors.
KROP vs. SPDR S&P 500 ETF (SPY)
AUM7.11M
RegionGlobal
Expense Ratio0.50%
Beta0.68
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield1.94%
Asset ClassEquity
Index TrackedSolactive AgTech & Food Innovation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,824
30 Day Avg. Volume2,281
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
37.50Price Target Upside― Downside
Rating ConsensusHold
Number of Analyst Covering20
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 production, such as precision agriculture, advanced equipment, and better food supply systems. Well-known holdings include Deere and Archer Daniels Midland, along with other agriculture and food-related businesses from the U.S. and abroad. Someone might invest in KROP to tap into long-term growth in food technology and to diversify within the agriculture theme. A key risk is that it’s concentrated in one sector, so it can rise or fall sharply with agriculture-related stocks.
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 big machinery names steering the ship. Japanese giant Kubota and U.S.-based Deere are rising and doing much of the heavy lifting, while Nutrien and Corteva add steady support from the crop inputs side. CNH Industrial and AGCO are more mixed, occasionally sputtering and keeping returns from really taking off. With most of the weight in industrial and materials names and a global footprint spanning Japan, North America, and Europe, this ETF is tightly focused on AgTech rather than broad market growth stories.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kubota | 14.13% | $1.01M | ¥3.04T | 30.87% | 76 Outperform | |
| Nutrien | 13.97% | $997.59K | C$49.57B | 50.00% | 75 Outperform | |
| Deere | 13.43% | $958.97K | $161.92B | 22.65% | 66 Neutral | |
| Corteva | 12.73% | $909.44K | $52.66B | 29.98% | 75 Outperform | |
| Agco | 4.65% | $332.12K | $8.97B | 20.76% | 59 Neutral | |
| CNH Industrial | 4.55% | $324.69K | $13.82B | -17.72% | 55 Neutral | |
| Lindsay | 4.23% | $302.10K | $1.35B | -1.20% | 73 Outperform | |
| Archer Daniels Midland | 4.23% | $302.00K | $32.68B | 34.20% | 64 Neutral | |
| FMC | 4.08% | $291.29K | $1.76B | -66.04% | 47 Neutral | |
| Sprouts Farmers | 3.72% | $265.47K | $7.36B | -41.40% | 69 Neutral |
KROP Technical Analysis
Neutral
―
Price Trends
33.80
Positive
32.07
Positive
31.75
Positive
Market Momentum
0.40
Positive
51.07
Neutral
39.50
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 35.86, equal to the 50-day MA of 33.80, and equal to the 200-day MA of 31.75, indicating a neutral trend. The MACD of 0.40 indicates Positive momentum. The RSI at 51.07 is Neutral, neither overbought nor oversold. The STOCH value of 39.50 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
35.19
5.72
19.41%
EVX
VanEck Environmental Services ETF
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―
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FFND
Future Fund Active ETF
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AIFD
TCW Artificial Intelligence ETF
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YNOT
Horizon Digital Frontier 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.
Disclaimer
This 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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