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ISIN
US37954Y1780
CUSIP
37954Y178
Issuer
Global X
Inception Date
Jul 12, 2021
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
Solactive AgTech & Food Innovation Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Assets Under Management
$9M

Share Price Chart


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Performance

KROP Performance Chart

Global X AgTech & Food Innovation ETF (KROP) is up 16.3% since the beginning of the year. KROP is currently trading at $35 per share.


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S&P 500 Index

Returns By Period

Global X AgTech & Food Innovation ETF (KROP) has returned 16.34% so far this year and 13.67% over the past 12 months.


Global X AgTech & Food Innovation ETF

1D
0.21%
1M
-0.06%
YTD
16.34%
6M
14.63%
1Y
13.67%
3Y*
0.81%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.74%
1M
4.90%
YTD
10.35%
6M
10.28%
1Y
26.52%
3Y*
20.83%
5Y*
12.30%
10Y*
13.66%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KROP Monthly Returns History

Based on dividend-adjusted daily data since Jul 14, 2021, KROP's average daily return is -0.04%, while the average monthly return is -0.89%.

Historically, 45% of months were positive and 55% were negative. The best month was Jan 2023 with a return of +18.2%, while the worst month was May 2023 at -14.7%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 5 months.

On a daily basis, KROP closed higher 48% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -7.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.22%11.04%-5.99%2.93%-2.01%1.16%16.34%
20259.03%-4.77%-0.40%1.71%5.73%0.97%0.42%-0.74%-1.77%-4.40%3.52%-0.77%7.95%
2024-4.38%3.00%5.43%-3.43%-1.11%-5.14%1.80%-0.14%5.64%-3.92%2.05%-7.85%-8.74%
202318.17%-8.10%-6.63%-3.03%-14.67%3.85%3.03%-9.36%-5.62%-8.88%2.26%6.39%-23.86%
2022-8.50%3.34%6.55%-10.11%0.93%-12.27%9.00%-2.45%-14.22%6.94%1.78%-8.61%-27.23%
2021-3.50%-0.47%-5.87%-2.93%-7.91%0.54%-18.75%

Benchmark Metrics

Global X AgTech & Food Innovation ETF has an annualized alpha of -19.03%, beta of 0.79, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since July 15, 2021.

  • This ETF participated in 126.82% of S&P 500 Index downside but only 31.77% of its upside - more exposed to losses than it benefited from rallies.
  • R2 of 0.36 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha
-19.03%
Beta
0.79
0.36
Upside Capture
31.77%
Downside Capture
126.82%

Expense Ratio

KROP has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

KROP ranks 24 for risk / return — below 24% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


KROP Risk / Return Rank: 2424
Overall Rank
KROP Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
KROP Sortino Ratio Rank: 2525
Sortino Ratio Rank
KROP Omega Ratio Rank: 2424
Omega Ratio Rank
KROP Calmar Ratio Rank: 2626
Calmar Ratio Rank
KROP Martin Ratio Rank: 2222
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and compare them to S&P 500 Index.


KROPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.86

2.24

-1.39

Sortino ratio

Return per unit of downside risk

1.31

3.07

-1.76

Omega ratio

Gain probability vs. loss probability

1.16

1.41

-0.24

Calmar ratio

Return relative to maximum drawdown

1.22

2.93

-1.71

Martin ratio

Return relative to average drawdown

2.75

13.52

-10.77

Dividends

Dividend History

Global X AgTech & Food Innovation ETF provided a 2.35% dividend yield over the last twelve months, with an annual payout of $0.83 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.8020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.83$0.83$0.55$0.44$0.31$0.41

Dividend yield

2.35%2.73%1.89%1.36%0.71%0.69%

Monthly Dividends

The table displays the monthly dividend distributions for Global X AgTech & Food Innovation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.61$0.83
2024$0.00$0.00$0.00$0.00$0.00$0.25$0.00$0.00$0.00$0.00$0.00$0.30$0.55
2023$0.00$0.00$0.00$0.00$0.00$0.18$0.00$0.00$0.00$0.00$0.00$0.26$0.44
2022$0.00$0.00$0.00$0.00$0.00$0.17$0.00$0.00$0.00$0.00$0.00$0.13$0.31
2021$0.41$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X AgTech & Food Innovation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X AgTech & Food Innovation ETF was 61.96%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Global X AgTech & Food Innovation ETF drawdown is 49.05%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-61.96%Apr 2025
3y 8mo
4y 9moAug 2021 - now
2021 pullback2021
-4.94%Jul 2021
12d14d
26dJul 2021 - Aug 2021

Drawdown Indicators


KROPBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-61.96%

-56.78%

-5.18%

Max Drawdown (1Y)

Largest decline over 1 year

-11.29%

-9.10%

-2.19%

Max Drawdown (3Y)

Largest decline over 3 years

-28.70%

-18.90%

-9.80%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-49.05%

-0.74%

-48.31%

Average Drawdown

Average peak-to-trough decline

-44.50%

-10.72%

-33.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.99%

1.97%

+3.02%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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