AgTech & Food Innovation ETF

Reasons to Consider 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

Key Information As of 10/26/21

Inception Date 07/12/21
Total Expense Ratio 0.50%
Net Assets $5.56 million
NAV $21.37
Fact Sheet

ETF 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.

ETF 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.

Trading Details As of 10/26/21

Ticker KROP
Bloomberg Index Ticker SOLKROP
CUSIP 37954Y178
ISIN US37954Y1780
Primary Exchange Nasdaq
Shares Outstanding 260,000
Number of Holdings 30
30-Day Median Bid-Ask Spread 0.85%

Distributions As of 10/26/21

30-Day SEC Yield 0.46%
Distribution Frequency Semi-Annually

ETF Prices As of 10/26/21

NAV $21.37 Daily Change -$0.23 -1.08%
Market Price $21.41 Daily Change -$0.20 -0.92%

Performance History

As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -7.32% -6.93% -7.27%
3 Months -- -- --
Since Inception -14.05% -13.58% -13.98%
Year-to-Date -- -- --
1 Month -7.32% -6.93% -7.27%
3 Months -- -- --
Since Inception -14.05% -13.58% -13.98%

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.

Top Holdings As of 10/26/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
17.49 NTR NUTRIEN LTD BDH3SB9 70.24 13,832 971,559.68
14.23 CTVA CORTEVA INC BK73B42 42.71 18,512 790,647.52
8.92 BYND BEYOND MEAT INC BJ1FDK7 94.37 5,252 495,631.24
7.96 OTLY OATLY GROUP AB BNNTQY0 13.89 31,850 442,396.50
5.57 RAVN RAVEN INDUSTRIES INC 2725851 57.74 5,356 309,255.44
5.39 NUF AU NUFARM LTD 6335331 3.34 89,778 299,460.09
4.83 LNN LINDSAY CORP 2516613 141.40 1,898 268,377.20
4.68 TTCF TATTOOED CHEF INC BMTMKR7 17.78 14,638 260,263.64
4.50 ULVR LN UNILEVER PLC B10RZP7 54.03 4,628 250,065.56
3.48 TITN TITAN MACHINERY INC B29H3T5 27.84 6,942 193,265.28
3.29 HYFM HYDROFARM HOLDIN BKWFTW7 34.95 5,226 182,648.70
3.15 BAYN GR BAYER AG-REG 5069211 56.57 3,094 175,017.69
2.46 GRWG GROWGENERATION CORP BZ159N4 21.79 6,266 136,536.14
2.26 BN FP DANONE B1Y9TB3 65.18 1,924 125,408.43
2.02 ADM ARCHER-DANIELS-MIDLAND CO 2047317 65.36 1,716 112,157.76
1.85 APPH APPHARVEST INC BMH9X71 5.17 19,838 102,562.46
1.32 AGFY AGRIFY CORP BN4N942 15.70 4,680 73,476.00
1.15 K KELLOGG CO 2486813 61.60 1,040 64,064.00
1.04 UAVS AGEAGLE AERIAL S BD9MJ11 2.73 21,190 57,848.70
0.69 FMC FMC CORP 2328603 92.70 416 38,563.20
0.46 ICL IT ICL GROUP LTD 6455530 8.49 2,990 25,383.18
0.42 AGCO AGCO CORP 2010278 128.35 182 23,359.70
0.42 HAIN HAIN CELESTIAL GROUP INC 2492337 44.64 520 23,212.80
0.41 MRFG3 BZ MARFRIG GLOBAL FOODS SA B1YWHR4 4.41 5,200 22,953.38
0.41 INGR INGREDION INC B7K24P7 96.27 234 22,527.18
0.39 MFI CN MAPLE LEAF FOODS INC 2555865 21.96 988 21,698.41
0.35 SMG SCOTTS MIRACLE-GRO CO 2781518 149.58 130 19,445.40
0.32 SFM SPROUTS FARMERS BCGCR79 22.01 806 17,740.06
0.24 STKL SUNOPTA INC 2836634 7.82 1,690 13,215.80
0.21 LSF LAIRD SUPERFOOD INC BN2BDY6 16.81 702 11,800.62
0.10 CASH 0.61 9,105 5,543.81
Holdings are subject to change.

Sector Breakdown As of 09/30/21

Sector Weight (%)
Consumer Staples 37.5
Materials 36.5
Industrials 23.0
Health Care 3.0

Source: AltaVista Research, LLC

Country Breakdown As of 09/30/21

Country Weight (%)
United States 59.2
Canada 16.2
Sweden 8.5
Australia 5.5
Britain 4.4
Germany 3.0
France 2.3
Brazil 0.4
Israel 0.4
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 10/26/21

Return on Equity 7.70%
Weighted Avg. Market Cap 15,267 M
2020 2021
Price-to-earnings 48.07 28.13
Price-to-book value 2.23 2.13

Source: AltaVista Research, LLC

ETF Research

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.