IQ Global Agribusiness Small Cap ETF
CROP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- IPO Date
- Mar 22, 2011
- CIK
- 0001415995
- Similar Companies
- Business
- IQ Global Agribusiness Small Cap ETF (CROP) is an exchange-traded fund that sought to track the performance of the IQ Global Agribusiness Small Cap Index through a full replication technique. Launched on March 22, 2011, by IndexIQ ETF Trust under the management of IndexIQ Advisors LLC and New York Life Investment Management LLC, the ETF was domiciled in the United States with headquarters tied to New York Life's operations. It provided exposure to global small-cap companies operating in agribusiness sectors, including materials such as chemicals, fertilizers, and agricultural chemicals; industrials encompassing capital goods, machinery, transportation, air freight, and logistics; utilities involving alternative energy resources, biofuels, independent power producers, renewable electricity, and traders; as well as agricultural and farm machinery. The fund targeted growth and value stocks of small-cap firms primarily engaged in crop production and farming; agricultural supplies and logistics; livestock operations; agricultural machinery; agricultural chemicals; and biofuels, with approximately 50 holdings diversified across U.S. and international markets. Geographic operations spanned global public equity markets, with a focus on the bottom 10% of market capitalization in the agribusiness universe and a 10% single-stock cap at quarterly rebalances to manage concentration risk. Target customers included investors seeking equity-based exposure to rising global food demand driven by population growth and emerging market urbanization, positioning small caps for growth potential relative to larger multinationals. In a major operational change, IQ Global Agribusiness Small Cap ETF ceased operations and was liquidated as of August 12, 2020, with trading halting on August 5, 2020, and delisting confirmed thereafter; this aligned with broader portfolio adjustments by IndexIQ, now under New York Life Investments, which has renamed and restructured surviving funds but discontinued CROP amid low assets and market shifts. No recent partnerships, funding rounds, acquisitions, new product launches, or strategic expansions occurred for the ETF in the last 1-2 years prior to liquidation, as it had minimal activity post-2019 dividend distributions. The fund is no longer active, with legacy data reflected in financial databases but no ongoing trading or management.