KROP


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.

1Markets and Markets, Feb 2021

Key Information As of 07/01/22

Inception Date 07/12/21
Total Expense Ratio 0.50%
Net Assets $5.77 million
NAV $16.03
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 07/01/22

Ticker KROP
Bloomberg Index Ticker SOLKROP
CUSIP 37954Y178
ISIN US37954Y1780
Primary Exchange Nasdaq
Shares Outstanding 360,000
Number of Holdings 30
30-Day Median Bid-Ask Spread 1.19%

Distributions As of 07/01/22

30-Day SEC Yield 0.33%
Distribution Frequency Semi-Annually

ETF Prices As of 07/01/22

NAV $16.03 Daily Change $0.31 1.99%
Market Price $16.09 Daily Change $0.29 1.85%

Performance History

As of recent
(03/31/22)
Fund NAV Market Price Index
Year-to-Date 0.66% 0.46% 0.73%
1 Month 5.99% 6.26% 6.02%
3 Months 0.66% 0.46% 0.73%
Since Inception -21.25% -21.09% -21.07%
Year-to-Date -8.53% -8.60% -8.37%
1 Month 0.45% 0.89% 0.54%
3 Months -3.69% -3.32% -3.56%
Since Inception -28.44% -28.20% -28.20%

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 07/01/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
13.97 CTVA CORTEVA INC BK73B42 54.12 14,896 806,171.52
12.48 OTLY OATLY GROUP AB BNNTQY0 3.64 197,766 719,868.24
11.14 NTR NUTRIEN LTD BDH3SB9 79.22 8,114 642,791.08
9.03 BYND BEYOND MEAT INC BJ1FDK7 25.66 20,294 520,744.04
5.75 000848 C2 CHENG DE LOLO CO LTD-A BD5C9D7 1.44 230,880 331,703.87
5.58 LNN LINDSAY CORP 2516613 138.93 2,318 322,039.74
5.18 TITN TITAN MACHINERY INC B29H3T5 22.72 13,149 298,745.28
5.04 000998 C2 YUAN LONGPING-A BD5CK34 2.49 116,500 290,475.20
4.16 NUF AU NUFARM LTD 6335331 3.47 69,056 239,884.94
4.09 ULVR LN UNILEVER PLC B10RZP7 45.62 5,175 236,088.60
3.68 TTCF TATTOOED CHEF INC BMTMKR7 6.48 32,787 212,459.76
3.63 DE DEERE & CO 2261203 301.63 695 209,632.85
3.32 APPH APPHARVEST INC BMH9X71 3.65 52,468 191,508.20
2.76 GRWG GROWGENERATION CORP BZ159N4 3.79 41,949 158,986.71
2.10 BAYN GR BAYER AG-REG 5069211 59.60 2,036 121,336.56
1.54 ADM ARCHER-DANIELS-MIDLAND CO 2047317 76.41 1,159 88,559.19
1.35 HYFM HYDROFARM HOLDIN BKWFTW7 3.48 22,411 77,990.28
0.86 K KELLOGG CO 2486813 71.78 688 49,384.64
0.57 STKL SUNOPTA INC 2836634 8.35 3,915 32,690.25
0.47 FMC FMC CORP 2328603 107.50 254 27,305.00
0.41 CNHI CNH INDUSTRIAL NV BDX85Z1 11.66 2,005 23,378.30
0.39 INGR INGREDION INC B7K24P7 89.76 249 22,350.24
0.36 MONDE PM MONDE NISSIN CORP BMDTTT9 0.24 88,736 21,007.94
0.34 MFI CN MAPLE LEAF FOODS INC 2555865 19.59 987 19,331.38
0.31 SFM SPROUTS FARMERS BCGCR79 25.72 693 17,823.96
0.28 SMG SCOTTS MIRACLE-GRO CO 2781518 80.18 199 15,955.82
0.27 ICL IT ICL GROUP LTD 6455530 8.97 1,753 15,719.90
0.27 AGCO AGCO CORP 2010278 100.62 156 15,696.72
0.26 HAIN HAIN CELESTIAL GROUP INC 2492337 23.58 645 15,209.10
0.26 BHIL BENSON HILL INC BN305Y6 2.66 5,594 14,880.04
0.17 CASH 0.99 9,825 9,720.82
Holdings are subject to change.

Sector Breakdown As of 05/31/22

Sector Weight (%)
Consumer Staples 45.7
Materials 31.8
Industrials 16.9
Consumer Discretionary 3.3
Health Care 2.2
Other/Cash 0.1

Source: AltaVista Research, LLC

Country Breakdown As of 05/31/22

Country Weight (%)
United States 53.6
Sweden 12.7
Canada 12.6
China 9.8
Britain 4.3
Australia 4.1
Germany 2.2
Philippines 0.4
Israel 0.3

Source: AltaVista Research, LLC

ETF Characteristics As of 07/01/22

Return on Equity -1.10%
Weighted Avg. Market Cap 17,230 M
2021 2022
Price-to-earnings 234.41 -219.36
Price-to-book value 2.47 2.56

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.

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