This ETF offers exposure to the global agribusiness industry, including companies from developed and emerging countries that are engaged in crop production, agricultural supplies, biofuels, machinery, and chemicals. The agribusiness sector could make for an intriguing investment opportunity if demographic trends continue to put pressure on food prices, as many are concerned about severe shortages in the future. Because the agribusiness sector is generally given a small weighting in most broad international ETFs (such as EFA or VWO), CROP could be useful as a satellite holding in a long-term portfolio for those looking to establish exposure to this corner of the market. This ETF can also be an efficient tool for implementing a short term tactical tilt, or as a hedge against the potential uncertainty caused by crop shortages. CROP is one of several ETFs offering exposure to the global agribusiness industry, but has little to no overlap with funds such as MOO and PAGG; this IndexIQ ETF focuses exclusively on small cap stocks, which may maintain a different risk/return profile and deliver access to smaller companies with greater growth potential. CROP provides good balance from a country perspective, including components from more than a dozen different countries (both developed and emerging). The basket of securities is a bit shallow (about 50 stocks), and a few of the names account for sizable portions of the overall portfolio. CROP's expense ratio is reasonable considering the targeted exposure delivered, and comparable to other agribusiness ETFs (MOO may be appealing to those looking for the lowest cost option available, though the difference is relatively small).
The adjacent table gives investors an individual Realtime Rating for CROP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Commodity Producers Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)
There are 13 other ETFs in the Commodity Producers Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of CROP relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.