KROP


AgTech & Food Innovation ETF

Fund Summary

The Global X AgTech & Food Innovation ETF (KROP) seeks to invest in companies advancing innovation and the use of technology in the agriculture and food industries. This includes companies involved in the provision of agricultural technologies (“AgTech”) related to precision agriculture, agricultural robots and automation, controlled environment agriculture (e.g., vertical farming, hydroponics), and agricultural biotechnology, as well as those involved in food innovation activities related to protein/dairy alternatives and food waste reduction.

Fund 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.

Why KROP?

High Growth Potential

Forecasts suggest the global market for agricultural robots could reach $21bn by 2026, almost triple the market size in 2020.1

Global Tailwinds

The AgTech and Food Innovation theme could potentially benefit from helping address global food insecurity and minimizing the adverse environmental impacts of large-scale agriculture.

Unconstrained Approach

Production and consumption dynamics around food are evolving. KROP seeks to gain exposure to the forefront of these dynamics by investing in AgTech and Food Innovation companies, regardless of sector or geography.

1Research and Markets, Feb 2021

Fund Details As of 09/22/21

Key Facts

Ticker KROP
Inception Date 07/12/21
CUSIP 37954Y178
ISIN US37954Y1780
Bloomberg Index Ticker SOLKROP
Primary Exchange Nasdaq
Number of Holdings 30

Stats & Fees

Net Assets $3,341,017
Net Asset Value (NAV) $22.27
Shares Outstanding 150,000
Total Expense Ratio 0.50%

Distributions

30-Day SEC Yield 0.64%
Distribution Frequency Semi-Annually

Fund Prices As of 09/22/21

NAV $22.27 Daily Change $0.22 1.00%
Market Price $22.41 Daily Change $0.21 0.92%
30-Day Median Bid-Ask Spread 0.53%

Performance History

As of recent
(06/30/21)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -- -- --
Year-to-Date -- -- --
1 Month -0.59% -0.47% -0.57%
3 Months -- -- --
Since Inception -7.26% -7.14% -7.23%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 09/22/21

Return on Equity 7.70%
Weighted Avg. Market Cap 15,386 M
2020 2021
Price-to-earnings 50.66 29.74
Price-to-book value 2.36 2.25

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Consumer Staples 39.0
Materials 33.4
Industrials 24.8
Health Care 2.8

Source: AltaVista Research, LLC

Country Breakdown As of 08/31/21

% of Net Assets
United States 61.4
Canada 14.3
Sweden 9.6
Australia 4.7
Britain 4.2
Germany 2.8
France 2.3
Brazil 0.3
Israel 0.3
Other/Cash 0.1

Source: AltaVista Research, LLC

Top Holdings As of 09/22/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
15.07 NTR NUTRIEN LTD BDH3SB9 63.08 7,980 503,378.40
13.41 CTVA CORTEVA INC BK73B42 41.94 10,680 447,919.20
10.32 BYND BEYOND MEAT INC BJ1FDK7 113.78 3,030 344,753.40
9.06 OTLY OATLY GROUP AB BNNTQY0 16.48 18,375 302,820.00
5.31 RAVN RAVEN INDUSTRIES INC 2725851 57.46 3,090 177,551.40
5.24 NUF AU NUFARM LTD 6335331 3.38 51,795 175,171.06
4.95 LNN LINDSAY CORP 2516613 151.03 1,095 165,377.85
4.95 TTCF TATTOOED CHEF INC BMTMKR7 19.57 8,445 165,268.65
4.38 ULVR LN UNILEVER PLC B10RZP7 54.85 2,670 146,444.86
3.77 HYFM HYDROFARM HOLDIN BKWFTW7 41.76 3,015 125,906.40
3.05 TITN TITAN MACHINERY INC B29H3T5 25.42 4,005 101,807.10
2.92 BAYN GR BAYER AG-REG 5069211 54.63 1,785 97,516.72
2.88 GRWG GROWGENERATION CORP BZ159N4 26.60 3,615 96,159.00
2.42 APPH APPHARVEST INC BMH9X71 7.05 11,445 80,687.25
2.33 BN FP DANONE B1Y9TB3 70.25 1,110 77,975.85
1.90 AGFY AGRIFY CORP BN4N942 23.47 2,700 63,369.00
1.75 ADM ARCHER-DANIELS-MIDLAND CO 2047317 58.99 990 58,400.10
1.14 UAVS AGEAGLE AERIAL S BD9MJ11 3.12 12,225 38,142.00
1.14 K KELLOGG CO 2486813 63.22 600 37,932.00
0.68 FMC FMC CORP 2328603 94.04 240 22,569.60
0.39 AGCO AGCO CORP 2010278 124.84 105 13,108.20
0.37 ICL IT ICL GROUP LTD 6455530 7.12 1,725 12,283.52
0.37 MRFG3 BZ MARFRIG GLOBAL FOODS SA B1YWHR4 4.06 3,000 12,185.57
0.36 MFI CN MAPLE LEAF FOODS INC 2555865 20.82 570 11,867.08
0.35 INGR INGREDION INC B7K24P7 87.45 135 11,805.75
0.35 HAIN HAIN CELESTIAL GROUP INC 2492337 39.31 300 11,793.00
0.33 SMG SCOTTS MIRACLE-GRO CO 2781518 145.47 75 10,910.25
0.31 SFM SPROUTS FARMERS BCGCR79 22.44 465 10,434.60
0.26 STKL SUNOPTA INC 2836634 8.79 975 8,570.25
0.22 LSF LAIRD SUPERFOOD INC BN2BDY6 18.33 405 7,423.65
0.04 CASH 1.09 1,367 1,485.48
Holdings are subject to change.


Investing involves risk, including the possible loss of principal. The investable universe of companies in which KROP may invest may be limited. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. KROP is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.