Global X AgTech & Food Innovation ETF Price & Performance (KROP)

The Global X AgTech & Food Innovation ETF (KROP) closed at $9.83 on April 17, reflecting a modest 0.203% decline. Technical analysis points to a continued weak outlook in the short term, with a projected three-month drop of up to 7.35%. Investors are advised to monitor support levels closely.12

KROP ETF’s recent holdings reveal significant allocations to Deere & Company (14.27%), Nutrien Ltd. (13.55%), and Corteva, Inc. (12.73%). The fund’s diversified exposure includes major agricultural machinery, fertilizer, and biotech companies, positioning it to benefit from ongoing innovation trends in the sector.13

Recent performance data indicate the Global X AgTech & Food Innovation ETF returned -8.02% for 2024, trailing the MSCI ACWI Index’s 17.49% gain. Since inception, the fund remains down over 23%, highlighting persistent challenges for agricultural innovation equities amid broader market strength.45