Key stats
About GLOBAL X FDS GLOBAL X AGTECH & FOOD INNOVATION ETF
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Inception date
Jul 12, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
KROP tracks an index that combines two thematic exposures into one fund: agricultural technology and food innovation. The issuer defines agricultural technology as technologies used to increase crop yields, reduce farming labor, and optimize farming using controlled environments. While food innovation is defined as technologies used to produce plant/non-animal-based food alternatives, and reduce food waste in the supply chain. The issuer primarily uses a natural language processing algorithm to classify companies into three categories: pure-play, pre-revenue, and diversified, depending on their exposure to above mentioned business activities. The index then selects 20 pure-play companies from each theme. If less than 40 companies are selected, then pre-revenue and diversified companies may be included. Weighting is based on market-cap, pure-plays are capped at 12% per company and pre-revenue and diversified companies are capped at an aggregate of 15%. Rebalancing is done semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Process Industries
Consumer Non-Durables
Non-Energy Minerals
Stocks99.81%
Producer Manufacturing34.99%
Process Industries27.70%
Consumer Non-Durables17.64%
Non-Energy Minerals12.67%
Distribution Services2.24%
Health Technology2.17%
Technology Services1.25%
Retail Trade1.15%
Bonds, Cash & Other0.19%
Cash0.19%
Stock breakdown by region
North America67.64%
Asia22.67%
Europe6.24%
Oceania3.45%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history