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KROP - ETF AI Analysis
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Global X AgTech & Food Innovation ETF (KROP)
Rating:54Neutral
Price Target:
$32.00
Positive Factors
Strong Holdings Performance
Several top holdings, such as Bayer, Nutrien, and Archer Daniels Midland, have delivered strong year-to-date gains, supporting the ETF's overall performance.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Materials, and Consumer Defensive, which helps mitigate risks tied to any single industry.
Global Exposure
The ETF includes companies from various countries like Japan, Canada, and Germany, providing geographic diversification beyond the U.S.
Negative Factors
Underperforming Holdings
Some holdings, such as CNH Industrial and FMC, have struggled with negative year-to-date performance, potentially dragging down returns.
High Expense Ratio
The ETF charges a relatively high expense ratio of 0.5%, which could eat into investor returns compared to lower-cost alternatives.
Sector Concentration Risk
Industrials and Materials make up over 65% of the portfolio, increasing vulnerability to sector-specific downturns.
KROP vs. SPDR S&P 500 ETF (SPY)
AUM6.27M
RegionGlobal
Expense Ratio0.50%
Beta0.69
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield0.58%
Asset ClassEquity
Index TrackedSolactive AgTech & Food Innovation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume9,139
30 Day Avg. Volume2,214
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
33.36Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering33
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KROP Summary
The Global X AgTech & Food Innovation ETF (KROP) is an investment fund focused on companies revolutionizing agriculture through technology. It follows the Solactive AgTech & Food Innovation Index and includes businesses like Kubota and Nutrien, which are leaders in precision farming and sustainable food production. This ETF is a great option for investors interested in the future of agriculture and global food security, offering diversification across industries like industrials and materials. However, new investors should know that its performance can be affected by market trends and the agricultural sector's challenges, such as fluctuating commodity prices.
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
The Global X AgTech & Food Innovation ETF (KROP) is rooted in agriculture-focused innovation, but its performance is a mixed bag. Kubota is rising steadily, buoyed by strong fundamentals, while Nutrien’s potash sales provide a boost despite margin pressures. On the other hand, Corteva and Deere are lagging, facing bearish momentum and valuation concerns. FMC is dragging the fund with steep declines, highlighting challenges in key markets. With a heavy tilt toward Industrials and Materials, KROP is globally diversified but concentrated in agriculture’s transformative technologies.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kubota | 15.27% | $955.53K | ¥2.43T | 3.08% | 70 Outperform | |
| Nutrien | 13.05% | $816.87K | C$40.27B | 24.98% | 68 Neutral | |
| Corteva | 12.24% | $766.46K | $44.60B | 12.09% | 75 Outperform | |
| Deere | 11.40% | $713.87K | $128.74B | 18.97% | 66 Neutral | |
| Agco | 4.58% | $286.97K | $7.79B | 8.85% | 59 Neutral | |
| Bayer | 4.22% | $264.29K | €27.91B | 39.08% | 53 Neutral | |
| CNH Industrial | 3.50% | $219.18K | $12.53B | -11.19% | 54 Neutral | |
| Archer Daniels Midland | 3.27% | $204.55K | $28.17B | 10.85% | 63 Neutral | |
| Kellanova | 3.05% | $191.14K | $28.99B | 3.45% | 64 Neutral | |
| Nufarm Limited | 2.46% | $153.96K | AU$840.80M | -44.13% | 61 Neutral |
KROP Technical Analysis
Negative
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Price Trends
31.18
Negative
31.78
Negative
31.20
Negative
Market Momentum
-0.26
Positive
39.01
Neutral
26.67
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KROP, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 30.79, equal to the 50-day MA of 31.18, and equal to the 200-day MA of 31.20, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 39.01 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KROP.
KROP Peer Comparison
Comparison Results
Performance Comparison
KROP
Global X AgTech & Food Innovation ETF
30.02
0.53
1.80%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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AGIX
KraneShares Artificial Intelligence & Technology ETF
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EVX
VanEck Environmental Services ETF
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VEGI
iShares MSCI Global Agriculture Producers 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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