KROP

Global X AgTech & Food Innovation ETF

$30.69

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Global X AgTech & Food Innovation ETF (KROP) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive AgTech & Food Innovation Index.

Overview

ETF tracking Global X AgTech & Food Innovation ETF

Category International

Issuer Other

Inception Date 2021-07-14

Market Cap $8.7M

Average Volume N/A

Dividend Yield 0.56%

52-Week Range $27.06 - $33.39

VWAP $30.73

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in companies that are positioned to benefit from the advancement of agricultural technology and innovation in the food industry. This includes companies involved in areas such as precision agriculture, agricultural robotics, agricultural biotechnology, and alternative food products.

✨ Key Features

Provides exposure to the growing agtech and food innovation sectors globally
Invests in companies across the agriculture and food value chain, from production to distribution
Utilizes a rules-based index methodology to identify relevant companies
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific sector
Potential volatility due to the emerging and innovative nature of the underlying companies
Currency risk for international investments
Limited liquidity and trading volume compared to larger, more established ETFs

👤 Best For

This ETF may be suitable for investors seeking exposure to the long-term growth potential of the agtech and food innovation sectors, as part of a diversified portfolio. However, due to the fund's limited history and the inherent risks of the sector, it is best suited for investors with a higher risk tolerance and a longer-term investment horizon.