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ETFs

Global X Funds Global X AgTech & Food Innovation ETF

KROP
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jul 12 2021
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$11,061
AUM
$4,790,271
Associated Index
Solactive AgTech & Food Innovation Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

NTR
Nutrien Ltd
14.73%
000998
Yuan Long-Ping Agriculture Hi-Tech Co. Ltd. - Ordinary Shares - Class A
13.64%
CTVA
Corteva Inc
13.34%
603156
Hebei Yangyuan Zhihui Beverage Co. Ltd. - Ordinary Shares - Class A
10.68%
HYFM
Hydrofarm Holdings Group Inc
5.02%
DE
Deere & Co.
5.00%
BYND
Beyond Meat Inc
4.78%
NUF
Nufarm Limited
4.75%
000848
Cheng De Lolo Co. Ltd. - Ordinary Shares - Class A
4.66%
ULVR
Unilever plc
4.55%
Invest with KROP

What is KROP?

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. The Underlying Index is designed to provide exposure to companies that are positioned to benefit from further advances in the fields of agricultural technology ( AgTech ) and food innovation.

ETFs related toKROP

ETFs correlated to KROP include IBUY, VXF, KOMP

KROP
Global X Funds - Global X AgTech & Food Innovation ETF
IBUY
Amplify ETF Trust - Amplify Online Retail ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
BBSC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Small Cap Equity ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toKROP

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with KROP using Composer

FAQ

KROP is a Global Equities ETF. 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. The Underlying Index is designed to provide exposure to companies that are positioned to benefit from further advances in the fields of agricultural technology ( AgTech ) and food innovation.

KROP tracks the Solactive AgTech & Food Innovation Index.

No, KROP is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KROP is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KROP is -0.0134%. This is the percent change in the value of KROP over the most recent 1-month period. The 3-month return on KROP is -0.104%. This is the percent change in the value of KROP over the most recent 3-month period.

The standard deviation of KROP for the past year is 0.2516%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KROP include PBW, IGF, and ARKK.

ETFs correlated to KROP include IBUY, VXF, and KOMP.

ETFs that are inversely correlated to KROP include TZA, SRTY, and TWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.