Key stats
About Global X AgTech & Food Innovation ETF
Home page
Inception date
Jul 12, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
KROP tracks an index that combines two thematic exposures into one fund: agricultural technology and food innovation. The issuer defines agricultural technology as technologies used to increase crop yields, reduce farming labor, and optimize farming using controlled environments. While food innovation is defined as technologies used to produce plant/non-animal-based food alternatives, and reduce food waste in the supply chain. The issuer primarily uses a natural language processing algorithm to classify companies into three categories: pure-play, pre-revenue, and diversified, depending on their exposure to above mentioned business activities. The index then selects 20 pure-play companies from each theme. If less than 40 companies are selected, then pre-revenue and diversified companies may be included. Weighting is based on market-cap, pure-plays are capped at 12% per company and pre-revenue and diversified companies are capped at an aggregate of 15%. Rebalancing is done semi-annually.
Related funds
Classification
What's in the fund
Exposure type
Process Industries
Producer Manufacturing
Consumer Non-Durables
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KROP trades at 10.73 USD today, its price has risen 0.29% in the past 24 hours. Track more dynamics on KROP price chart.
KROP net asset value is 10.74 today — it's fallen 0.25% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KROP assets under management is 9.09 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KROP price has fallen by −1.47% over the last month, and its yearly performance shows a 4.07% increase. See more dynamics on KROP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.25% over the last month, have fallen by −0.25% over the last month, showed a 9.78% increase in three-month performance and has increased by 5.16% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.25% over the last month, have fallen by −0.25% over the last month, showed a 9.78% increase in three-month performance and has increased by 5.16% in a year.
KROP fund flows account for 4.32 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KROP invests in stocks. See more details in our Analysis section.
KROP expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KROP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, KROP technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KROP shows the neutral signal. See more of KROP technicals for a more comprehensive analysis.
Today, KROP technical analysis shows the neutral rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KROP shows the neutral signal. See more of KROP technicals for a more comprehensive analysis.
Yes, KROP pays dividends to its holders with the dividend yield of 1.61%.
KROP trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KROP shares are issued by Mirae Asset Global Investments Co., Ltd.
KROP follows the Solactive AgTech & Food Innovation Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 12, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.