Geopolitics Alpha

GLP-1 drugs put $73B in global food value at risk, report finds

Published . Updated .

PepsiCo’s Lay’s is the most exposed food brand, with Doritos, Hershey's, Cheetos, Kellogg's and Reese's also vulnerable, Brand Finance determined.

Directly affected

  • PEP Pepsico

    Named in this report.

  • HSY Hershey

    Named in this report.

Indirectly affected

  • XRMI GLOBAL X S&P 500 RISK MANAGED INCOME ETF

    GA selected XRMI as a RELATED security because its canonical security name directly matches this event's themes: global, risk. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • JETS U.S. GLOBAL JETS ETF

    GA selected JETS as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • RYLD GLOBAL X MSCI GREECE ETF

    GA selected RYLD as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BOAT SONICSHARES GLOBAL SHIPPING ETF

    GA selected BOAT as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • AQLT ISHARES MSCI GLOBAL QUALITY FACTOR ETF

    GA selected AQLT as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • AVMV AMERICAN CENTY ETF TR AVANTIS U S MID CAP VALUE ETF

    GA selected AVMV as a RELATED security because its canonical security name directly matches this event's themes: value. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PEP———————
HSY———————
XRMI———————
JETS———————
RYLD———————
BOAT———————
AQLT———————
AVMV———————

PepsiCo’s Lay’s is the most exposed food brand, with Doritos, Hershey's, Cheetos, Kellogg's and Reese's also vulnerable, Brand Finance determined.

Source: Grocery Dive

Price since this story was published: Global X S&P 500 Risk Managed Income Etf (XRMI)

Since the first closing price after “GLP-1 drugs put $73B in global food value at risk, report finds,” Global X S&P 500 Risk Managed Income Etf (XRMI) is -1.67%. The S&P 500 fund (SPY) is +0.65% over the same days, a -2.32% difference versus the market.

XRMI
SPY

Who gains and who loses around Global X S&P 500 Risk Managed Income Etf (XRMI)

Companies carried with this story

  • XRMI Global X S&P 500 Risk Managed Income Etf

    In “GLP-1 drugs put $73B in global food value at risk, report finds,” Global X S&P 500 Risk Managed Income Etf (XRMI) is linked, with no stored direction, medium confidence. Reason on file: GA selected XRMI as a RELATED security because its canonical security name directly matches this event's themes: global, risk. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • JETS U.S. Global Jets Etf

    In “GLP-1 drugs put $73B in global food value at risk, report finds,” U.S. Global Jets Etf (JETS) is linked, with no stored direction, medium confidence. Reason on file: GA selected JETS as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • RYLD Global X Msci Greece Etf

    Global X Msci Greece Etf (RYLD) is linked, with no stored direction, medium confidence in the 17 Sep 2026 story “GLP-1 drugs put $73B in global food value at risk, report finds.” Reason on file: GA selected RYLD as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BOAT Sonicshares Global Shipping Etf

    For “GLP-1 drugs put $73B in global food value at risk, report finds,” Sonicshares Global Shipping Etf (BOAT) is linked, with no stored direction, medium confidence. Reason on file: GA selected BOAT as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AQLT Ishares Msci Global Quality Factor Etf

    For “GLP-1 drugs put $73B in global food value at risk, report finds,” Ishares Msci Global Quality Factor Etf (AQLT) is linked, with no stored direction, medium confidence. Reason on file: GA selected AQLT as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • AVMV American Centy Etf Tr Avantis U S Mid Cap Value Etf

    American Centy Etf Tr Avantis U S Mid Cap Value Etf (AVMV) is linked, with no stored direction, medium confidence in the 17 Sep 2026 story “GLP-1 drugs put $73B in global food value at risk, report finds.” Reason on file: GA selected AVMV as a RELATED security because its canonical security name directly matches this event's themes: value. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Global X S&P 500 Risk Managed Income Etf (XRMI)

Global X S&P 500 Risk Managed Income Etf (XRMI) is the company in “GLP-1 drugs put $73B in global food value at risk, report finds,” the 17 Sep 2026 this story story.

The link for Global X S&P 500 Risk Managed Income Etf (XRMI) is this: GA selected XRMI as a RELATED security because its canonical security name directly matches this event's themes: global, risk. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, U.S. Global Jets Etf (JETS), is listed for a different reason: GA selected JETS as a RELATED security because its canonical security name directly matches this event's themes: global. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Global X S&P 500 Risk Managed Income Etf (XRMI), and the dates in the story

JETS traded between 25.57 and 29.77 across 20 sessions. The latest close on file is 25.59. RYLD traded between 15.06 and 15.71 across 20 sessions. The latest close on file is 15.06. XRMI traded between 17.07 and 17.41 across 20 sessions. The latest close on file is 17.08.

How strong the case is around Global X S&P 500 Risk Managed Income Etf (XRMI)

62 out of 100

“GLP-1 drugs put $73B in global food value at risk, report finds” scores 62 out of 100. The score uses 3 sources, and 6 linked companies.