ETF Evaluator:
Global X AgTech & Food Innovation ETF ()
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(as of Aug 26)
Best Performing in Global Small/Mid Stock Over the Last Year
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ETF Details
Global X AgTech & Food Innovation ETF Overview
Global X AgTech & Food Innovation ETF (KROP) is a passively managed International Equity Global Small/Mid Stock exchange-traded fund (ETF). Global X Funds launched the ETF in 2021.
The investment 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 fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying 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 and food innovation. It is non-diversified.
About Global X AgTech & Food Innovation ETF (KROP)
There are 2 members of the management team with an average tenure of 5.05 years: Nam To (2021) and Wayne Xie (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Solactive AgTech & Food Innovtion NR USD index with a weighting of 100%. Global X AgTech & Food Innovation ETF has 34 securities in its portfolio. The top 10 holdings constitute 74.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Global X AgTech & Food Innovation ETF is part of the Equity global asset class and is within the International Equity ETF group. Global X AgTech & Food Innovation ETF has 46.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 53.5% There is 46.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X AgTech & Food Innovation ETF has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $9 million in total assets, which is below the $286 million average for the Global Small/Mid Stock category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
KROP Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X AgTech & Food Innovation ETF expense ratio is average compared to funds in the Global Small/Mid Stock category. Global X AgTech & Food Innovation ETF has an expense ratio of 0.50%, which is 27% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X AgTech & Food Innovation ETF has a portfolio turnover rate of 32%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 94% for the Global Small/Mid Stock category.
Recently, in the month of July 2026, Global X AgTech & Food Innovation ETF returned -1.5%, which earned it a grade of C, as the Global Small/Mid Stock category had an average return of -3.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Global X AgTech & Food Innovation ETF has a trailing yield of 2.14%, which is above the 1.65% category average.
The fund normally distributes its income semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Global X AgTech & Food Innovation ETF Grades
Year to date, the ETF has returned 15.1%, 2.6 percentage points better than the category, which translates into a grade of C. The fund has returned 10.4% over the past year (grade of F), -1.2% over the past three years (grade of D) and -11.9% per year over the past five years (grade of F).
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KROP Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| KROP Return (NAV) | -1.5% | -1.3% | 10.4% | -1.2% | -11.9% | na |
| KROP Return (Price) | -1.4% | -1.8% | 10.3% | -1.3% | -11.9% | na |
| NAV +/- Price Return | -0.118% | 0.533% | 0.034% | 0.040% | 0.017% | na |
| Global Small/Mid Stock Avg | -3.4% | -2.0% | 21.6% | 9.0% | -0.7% | 3.2% |
| KROP Grade (NAV) | C | C | F | D | F | na |
| +/- Category (NAV) | 1.9% | 0.7% | -11.2% | -10.2% | -11.2% | na |
| KROP Tax-Cost Ratio | na | na | 1.0% | 0.8% | 0.6% | na |
KROP Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| KROP Return (NAV) | 15.1% | 7.7% | -8.0% | -23.9% | -27.1% | na | na | na | na | na | na |
| KROP Return (Price) | 15.3% | 7.9% | -8.7% | -23.9% | -27.2% | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.012% | 0.037% | 0.089% | -0.002% | 0.005% | na | na | na | na | na | na |
| Global Small/Mid Stock Avg | 12.5% | 21.5% | 3.5% | 3.0% | -21.6% | 0.3% | 44.8% | 26.2% | -16.9% | 19.7% | 3.3% |
| KROP Grade (NAV) | C | F | F | F | D | na | na | na | na | na | na |
| +/- Category | 2.6% | -13.8% | -11.5% | -26.9% | -5.5% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.75 |
| R-Squared: | 31% |
| Standard Deviation: | 17.2% |
| Category Risk Index: | 0.85 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.40 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 2.1% |
| Total Assets: | $ 9 Mil |
| Share Class Assets: | $ 9 Mil |
| Turnover: | 32.8% |
| Expense Ratio: | 0.50% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.1 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): To Nam (2021), Xie Wayne (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 34 |
| % in Top 10 Holdings: | 74.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 46.5% |
Portfolio Allocation |
|
| Domestic Stock: | 53.5% |
| Foreign Stock: | 46.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Global X Funds |
| Phone Number: | 888-493-8631 |
| Website: | www.globalxfunds.com |
| Inception Date: | July 12, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.50% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.68% |
