DAT vs. KROP

Last updated Jun 5, 2026

DAT (ProShares Big Data Refiners ETF) and KROP (Global X AgTech & Food Innovation ETF) are both Technology Equities funds - DAT tracks the FactSet Big Data Refiners Index while KROP tracks the Solactive AgTech & Food Innovation Index. Both are passively managed. Over the past 3 years, DAT returned 16.40%/yr vs 0.72%/yr for KROP. At a 0.45 correlation, their price movements are largely independent. DAT charges 0.58%/yr vs 0.50%/yr for KROP.

Performance

DAT vs. KROP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Big Data Refiners ETF (DAT) and Global X AgTech & Food Innovation ETF (KROP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DAT achieves a -1.79% return, which is significantly lower than KROP's 16.59% return.

DAT

• 1D: 1.36%
• 1M: 17.11%
• YTD: -1.79%
• 6M: -0.83%
• 1Y: -3.18%
• 3Y*: 16.40%
• 5Y*: —
• 10Y*: —

KROP

• 1D: 0.22%
• 1M: -0.70%
• YTD: 16.59%
• 6M: 14.86%
• 1Y: 12.86%
• 3Y*: 0.72%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DAT vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DAT ProShares Big Data Refiners ETF	-1.79%	3.49%	33.22%	51.76%	-44.33%	-3.78%
KROP Global X AgTech & Food Innovation ETF	16.59%	7.95%	-8.74%	-23.86%	-27.23%	-10.13%

Correlation

The correlation between DAT and KROP is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.45

Over the past year, the correlation between DAT and KROP has dropped to 0.05 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.

DAT vs. KROP - Sectors Allocation Comparison

Sectors	DAT	KROP
Technology	97.1%	-
Communication Services	2.2%	-
Utilities	1.2%	-
Healthcare	0.8%	0.3%
Basic Materials	-	32.1%
Consumer Cyclical	-	0.3%
Consumer Defensive	-	26.3%
Energy	-	-
Financial Services	-	-
Industrials	-	39.7%
Real Estate	-	-

Return for Risk

DAT vs. KROP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAT

DAT Risk / Return Rank: 8
DAT Sharpe Ratio Rank: 8
DAT Sortino Ratio Rank: 8
DAT Omega Ratio Rank: 8
DAT Calmar Ratio Rank: 8
DAT Martin Ratio Rank: 8

KROP

KROP Risk / Return Rank: 23
KROP Sharpe Ratio Rank: 24
KROP Sortino Ratio Rank: 24
KROP Omega Ratio Rank: 23
KROP Calmar Ratio Rank: 24
KROP Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DAT vs. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Big Data Refiners ETF (DAT) and Global X AgTech & Food Innovation ETF (KROP). 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.

	DAT	KROP	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	0.81	-0.91
Sortino ratio: Return per unit of downside risk	0.06	1.24	-1.19
Omega ratio: Gain probability vs. loss probability	1.01	1.15	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.09	1.14	-1.24
Martin ratio: Return relative to average drawdown	-0.21	2.58	-2.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAT vs. KROP - Sharpe Ratio Comparison

The current DAT Sharpe Ratio is -0.11, which is lower than the KROP Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of DAT and KROP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DAT	KROP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	0.81	-0.91
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	-0.57	+0.63

Drawdowns

DAT vs. KROP - Drawdown Comparison

The maximum DAT drawdown since its inception was -56.22%, smaller than the maximum KROP drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for DAT and KROP.

Drawdown Indicators

	DAT	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-56.22%	-61.96%	+5.74%
Max Drawdown (1Y) Largest decline over 1 year	-34.70%	-11.29%	-23.41%
Max Drawdown (3Y) Largest decline over 3 years	-34.73%	-28.70%	-6.03%
Current Drawdown Current decline from peak	-8.86%	-48.93%	+40.07%
Average Drawdown Average peak-to-trough decline	-26.22%	-44.50%	+18.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.11%	4.99%	+10.12%

Volatility

DAT vs. KROP - Volatility Comparison

ProShares Big Data Refiners ETF (DAT) has a higher volatility of 13.57% compared to Global X AgTech & Food Innovation ETF (KROP) at 4.69%. This indicates that DAT's price experiences larger fluctuations and is considered to be riskier than KROP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAT	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.57%	4.69%	+8.88%
Volatility (6M) Calculated over the trailing 6-month period	25.04%	11.98%	+13.06%
Volatility (1Y) Calculated over the trailing 1-year period	29.79%	16.04%	+13.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.01%	22.27%	+11.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.01%	22.27%	+11.74%

DAT vs. KROP - Expense Ratio Comparison

DAT has a 0.58% expense ratio, which is higher than KROP's 0.50% expense ratio.

Dividends

DAT vs. KROP - Dividend Comparison

DAT has not paid dividends to shareholders, while KROP's dividend yield for the trailing twelve months is around 2.34%.

Position	TTM	2025	2024	2023	2022	2021
DAT ProShares Big Data Refiners ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KROP Global X AgTech & Food Innovation ETF	2.34%	2.73%	1.89%	1.36%	0.71%	0.69%

Frequently Asked Questions

Can I hold both DAT and KROP in my portfolio?

DAT and KROP have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DAT or KROP?

DAT has higher volatility (13.57%) compared to KROP (4.69%). In terms of maximum drawdown, DAT dropped -56.22% vs KROP's -61.96%.

Which ETF is better, DAT or KROP?

On 3-year performance, DAT leads with 16.40% vs 0.72% for KROP. On fees, KROP is cheaper at 0.50% per year. On volatility, KROP has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DAT or KROP?

Over the 3-year period, DAT has performed better with a 16.40% return vs 0.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DAT or KROP?

KROP is cheaper with a 0.50% expense ratio, compared with 0.58% for DAT.

Which ETF pays a higher dividend yield, DAT or KROP?

KROP has the higher dividend yield at 2.34%, compared with 0.00% for DAT.

What is the main difference between DAT and KROP?

DAT tracks FactSet Big Data Refiners Index, while KROP tracks Solactive AgTech & Food Innovation Index. They also come from different issuers: ProShares and Global X. Their fees differ too: 0.58% for DAT and 0.50% for KROP.

Which has better risk-adjusted returns?

KROP currently has the higher Sharpe Ratio (0.81 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.