CL0U.DE vs. KROP.DE
CL0U.DE (Global X Cloud Computing UCITS ETF) and KROP.DE (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) are both Technology Equities funds from Global X - CL0U.DE tracks the Indxx Global Cloud Computing while KROP.DE tracks the Solactive AgTech and Food Innovation. Both are passively managed. Over the past 3 years, CL0U.DE returned 7.04%/yr vs -2.05%/yr for KROP.DE. At a 0.45 correlation, their price movements are largely independent. CL0U.DE charges 0.55%/yr vs 0.50%/yr for KROP.DE.
Performance
CL0U.DE vs. KROP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CL0U.DE achieves a 11.61% return, which is significantly lower than KROP.DE's 17.14% return.
CL0U.DE
- 1D
- 1.66%
- 1M
- 15.27%
- YTD
- 11.61%
- 6M
- 8.93%
- 1Y
- 5.03%
- 3Y*
- 7.04%
- 5Y*
- —
- 10Y*
- —
KROP.DE
- 1D
- 0.13%
- 1M
- -0.17%
- YTD
- 17.14%
- 6M
- 13.93%
- 1Y
- 9.93%
- 3Y*
- -2.05%
- 5Y*
- —
- 10Y*
- —
CL0U.DE vs. KROP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CL0U.DE Global X Cloud Computing UCITS ETF | 11.61% | -16.03% | 11.50% | 40.13% | -21.68% |
KROP.DE Global X AgTech and Food Innovation UCITS ETF USD Accumulating | 17.14% | -4.87% | -2.79% | -25.11% | -19.26% |
Correlation
The correlation between CL0U.DE and KROP.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.45 |
Over the past year, the correlation between CL0U.DE and KROP.DE has dropped to 0.14 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
CL0U.DE vs. KROP.DE — Risk / Return Rank
CL0U.DE
KROP.DE
CL0U.DE vs. KROP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Cloud Computing UCITS ETF (CL0U.DE) and Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROP.DE). 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.
| CL0U.DE | KROP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.12 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 1.04 | -0.82 |
| Martin ratioReturn relative to average drawdown | 0.51 | 2.21 | -1.70 |
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
| CL0U.DE | KROP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.62 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.14 | -0.47 | +0.33 |
Drawdowns
CL0U.DE vs. KROP.DE - Drawdown Comparison
The maximum CL0U.DE drawdown since its inception was -46.57%, smaller than the maximum KROP.DE drawdown of -52.74%. Use the drawdown chart below to compare losses from any high point for CL0U.DE and KROP.DE.
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Drawdown Indicators
| CL0U.DE | KROP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.57% | -52.74% | +6.17% |
Max Drawdown (1Y)Largest decline over 1 year | -27.28% | -9.22% | -18.06% |
Max Drawdown (3Y)Largest decline over 3 years | -40.10% | -27.28% | -12.82% |
Current DrawdownCurrent decline from peak | -20.30% | -41.08% | +20.78% |
Average DrawdownAverage peak-to-trough decline | -30.96% | -36.46% | +5.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.66% | 4.34% | +7.32% |
Volatility
CL0U.DE vs. KROP.DE - Volatility Comparison
Global X Cloud Computing UCITS ETF (CL0U.DE) has a higher volatility of 11.61% compared to Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROP.DE) at 5.58%. This indicates that CL0U.DE's price experiences larger fluctuations and is considered to be riskier than KROP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CL0U.DE | KROP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.61% | 5.58% | +6.03% |
Volatility (6M)Calculated over the trailing 6-month period | 25.33% | 12.02% | +13.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.28% | 15.43% | +13.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.45% | 19.64% | +9.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.45% | 19.64% | +9.81% |
CL0U.DE vs. KROP.DE - Expense Ratio Comparison
CL0U.DE has a 0.55% expense ratio, which is higher than KROP.DE's 0.50% expense ratio.
Dividends
CL0U.DE vs. KROP.DE - Dividend Comparison
Neither CL0U.DE nor KROP.DE has paid dividends to shareholders.
Frequently Asked Questions
CL0U.DE and KROP.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KROP.DE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KROP.DE is cheaper with a 0.50% expense ratio, compared with 0.55% for CL0U.DE.
CL0U.DE tracks Indxx Global Cloud Computing, while KROP.DE tracks Solactive AgTech and Food Innovation. Their fees differ too: 0.55% for CL0U.DE and 0.50% for KROP.DE.
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