DRVE.L vs. KROG.L
DRVE.L (Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating) and KROG.L (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) are both Technology Equities funds from Global X tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, DRVE.L returned 21.40%/yr vs 0.54%/yr for KROG.L. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
DRVE.L vs. KROG.L - Performance Comparison
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Different Trading Currencies
DRVE.L is traded in USD, while KROG.L is traded in GBP. To make them comparable, the KROG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, DRVE.L achieves a 40.09% return, which is significantly higher than KROG.L's 15.27% return.
DRVE.L
- 1D
- -1.76%
- 1M
- 8.58%
- YTD
- 40.09%
- 6M
- 39.52%
- 1Y
- 88.02%
- 3Y*
- 21.40%
- 5Y*
- —
- 10Y*
- —
KROG.L
- 1D
- 0.47%
- 1M
- -0.43%
- YTD
- 15.27%
- 6M
- 14.32%
- 1Y
- 11.50%
- 3Y*
- 0.54%
- 5Y*
- —
- 10Y*
- —
DRVE.L vs. KROG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DRVE.L Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating | 40.09% | 29.05% | -5.06% | 27.62% | -31.04% |
KROG.L Global X AgTech and Food Innovation UCITS ETF USD Accumulating | 15.27% | 7.94% | -8.44% | -23.03% | -23.72% |
Correlation
The correlation between DRVE.L and KROG.L is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.43 |
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Return for Risk
DRVE.L vs. KROG.L — Risk / Return Rank
DRVE.L
KROG.L
DRVE.L vs. KROG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.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.
| DRVE.L | KROG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.87 | ||
| Sortino ratioReturn per unit of downside risk | +3.31 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.13 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 7.27 | 1.06 | +6.20 |
| Martin ratioReturn relative to average drawdown | 22.22 | 2.34 | +19.88 |
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
| DRVE.L | KROG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.59 | 0.71 | +2.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.25 | -0.42 | +0.68 |
Drawdowns
DRVE.L vs. KROG.L - Drawdown Comparison
The maximum DRVE.L drawdown since its inception was -41.48%, smaller than the maximum KROG.L drawdown of -53.14%. Use the drawdown chart below to compare losses from any high point for DRVE.L and KROG.L.
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Drawdown Indicators
| DRVE.L | KROG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.48% | -53.14% | +11.66% |
Max Drawdown (1Y)Largest decline over 1 year | -12.05% | -10.76% | -1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -33.23% | -29.25% | -3.98% |
Current DrawdownCurrent decline from peak | -2.52% | -37.48% | +34.96% |
Average DrawdownAverage peak-to-trough decline | -20.61% | -37.00% | +16.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 4.91% | -0.96% |
Volatility
DRVE.L vs. KROG.L - Volatility Comparison
Global X Autonomous & Electric Vehicles UCITS ETF USD Accumulating (DRVE.L) has a higher volatility of 10.74% compared to Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L) at 6.11%. This indicates that DRVE.L's price experiences larger fluctuations and is considered to be riskier 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
| DRVE.L | KROG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.74% | 6.11% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 18.43% | 12.61% | +5.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.44% | 16.06% | +8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.61% | 21.20% | +14.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.61% | 21.20% | +14.41% |
DRVE.L vs. KROG.L - Expense Ratio Comparison
Both DRVE.L and KROG.L have an expense ratio of 0.50%.
Dividends
DRVE.L vs. KROG.L - Dividend Comparison
Neither DRVE.L nor KROG.L has paid dividends to shareholders.
Frequently Asked Questions
DRVE.L and KROG.L have a correlation of 0.35, 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.
DRVE.L and KROG.L have the same expense ratio: 0.50% per year.
Both ETFs track MSCI World/Information Tech NR USD.
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