AQWG.L vs. KROG.L
AQWG.L (Global X Clean Water UCITS ETF) and KROG.L (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) are both exchange-traded funds - AQWG.L is a Water Equities fund tracking the S&P Global Water TR, while KROG.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, AQWG.L returned 7.66%/yr vs -1.99%/yr for KROG.L. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
AQWG.L vs. KROG.L - Performance Comparison
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Returns By Period
In the year-to-date period, AQWG.L achieves a -0.99% return, which is significantly lower than KROG.L's 15.55% return.
AQWG.L
- 1D
- -0.23%
- 1M
- -1.39%
- YTD
- -0.99%
- 6M
- -3.24%
- 1Y
- 2.35%
- 3Y*
- 7.66%
- 5Y*
- —
- 10Y*
- —
KROG.L
- 1D
- 0.42%
- 1M
- 0.42%
- YTD
- 15.55%
- 6M
- 13.48%
- 1Y
- 12.57%
- 3Y*
- -1.99%
- 5Y*
- —
- 10Y*
- —
AQWG.L vs. KROG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
AQWG.L Global X Clean Water UCITS ETF | -0.99% | 5.17% | 7.79% | 18.26% | 5.44% |
KROG.L Global X AgTech and Food Innovation UCITS ETF USD Accumulating | 15.55% | 0.36% | -6.89% | -26.89% | -14.07% |
Correlation
The correlation between AQWG.L and KROG.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.50 |
The correlation between AQWG.L and KROG.L has been stable across timeframes, ranging from 0.47 to 0.50 - a consistent structural relationship.
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Return for Risk
AQWG.L vs. KROG.L — Risk / Return Rank
AQWG.L
KROG.L
AQWG.L vs. KROG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water UCITS ETF (AQWG.L) and Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AQWG.L | KROG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.15 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 1.52 | -1.32 |
| Martin ratioReturn relative to average drawdown | 0.52 | 3.05 | -2.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AQWG.L | KROG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 0.80 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | -0.45 | +0.68 |
Drawdowns
AQWG.L vs. KROG.L - Drawdown Comparison
The maximum AQWG.L drawdown since its inception was -23.03%, smaller than the maximum KROG.L drawdown of -51.38%. Use the drawdown chart below to compare losses from any high point for AQWG.L and KROG.L.
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Drawdown Indicators
| AQWG.L | KROG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.03% | -51.38% | +28.35% |
Max Drawdown (1Y)Largest decline over 1 year | -11.23% | -8.21% | -3.02% |
Max Drawdown (3Y)Largest decline over 3 years | -17.73% | -28.00% | +10.27% |
Current DrawdownCurrent decline from peak | -9.71% | -38.55% | +28.84% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -34.39% | +27.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 4.12% | +0.37% |
Volatility
AQWG.L vs. KROG.L - Volatility Comparison
The current volatility for Global X Clean Water UCITS ETF (AQWG.L) is 3.98%, while Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L) has a volatility of 5.64%. This indicates that AQWG.L experiences smaller price fluctuations and is considered to be less risky than KROG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AQWG.L | KROG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 5.64% | -1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 9.96% | 12.21% | -2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.03% | 15.69% | -2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.00% | 19.47% | -4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.00% | 19.47% | -4.47% |
AQWG.L vs. KROG.L - Expense Ratio Comparison
Both AQWG.L and KROG.L have an expense ratio of 0.50%.
Dividends
AQWG.L vs. KROG.L - Dividend Comparison
Neither AQWG.L nor KROG.L has paid dividends to shareholders.
Frequently Asked Questions
AQWG.L and KROG.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
AQWG.L and KROG.L have the same expense ratio: 0.50% per year.
AQWG.L is categorized as Water Equities, while KROG.L is Technology Equities. AQWG.L tracks S&P Global Water TR, while KROG.L tracks MSCI World/Information Tech NR USD.
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