ESIT.L vs. KROP.L

Last updated Jul 30, 2026

ESIT.L (iShares MSCI Europe Information Technology Sector UCITS ETF) and KROP.L (Global X AgTech & Food Innovation UCITS ETF USD (Acc)) are both Technology Equities funds - ESIT.L tracks the MSCI World/Information Tech NR USD while KROP.L tracks the Solactive AgTech & Food Innovation v2 Index. Both are passively managed. Over the past 3 years, ESIT.L returned 17.17%/yr vs -1.48%/yr for KROP.L. Their 0.32 correlation means their historical movements had little consistent relationship. ESIT.L charges 0.18%/yr vs 0.50%/yr for KROP.L.

Performance

ESIT.L vs. KROP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) and Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ESIT.L is traded in GBP, while KROP.L is traded in USD. To make them comparable, the KROP.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, ESIT.L achieves a 24.59% return, which is significantly higher than KROP.L's 17.71% return.

ESIT.L

• 1D: -1.41%
• 1M: -13.39%
• 6M: 11.76%
• YTD: 24.59%
• 1Y: 40.96%
• 3Y*: 17.17%
• 5Y*: 9.01%
• 10Y*: —
• ALL TIME*: 11.01%

KROP.L

• 1D: -1.45%
• 1M: 2.07%
• 6M: 11.10%
• YTD: 17.71%
• 1Y: 10.69%
• 3Y*: -1.48%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ESIT.L iShares MSCI Europe Information Technology Sector UCITS ETF	£268.93K	£310.46K	£410.71K
KROP.L Global X AgTech & Food Innovation UCITS ETF USD (Acc)	£2.37K	£1.60K	£2.77K

ESIT.L vs. KROP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ESIT.L iShares MSCI Europe Information Technology Sector UCITS ETF	24.59%	14.73%	2.74%	32.37%	-9.14%
KROP.L Global X AgTech & Food Innovation UCITS ETF USD (Acc)	17.71%	-0.05%	-6.73%	-26.39%	-15.16%

Correlation

The correlation between ESIT.L and KROP.L is 0.18, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.18
Correlation (3Y) Balances recent behavior with more history.	0.22
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022	0.32

The correlation between ESIT.L and KROP.L shifts across timeframes, from 0.18 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.

ESIT.L vs. KROP.L - Sectors Allocation Comparison

Sectors	ESIT.L	KROP.L
Technology	93.2%	-
Communication Services	4.6%	-
Industrials	2.2%	39.6%
Basic Materials	-	33.1%
Consumer Cyclical	-	0.3%
Consumer Defensive	-	25.8%
Energy	-	-
Financial Services	-	-
Healthcare	-	0.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

ESIT.L vs. KROP.L — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ESIT.L

ESIT.L Risk / Return Rank: 65
ESIT.L Sharpe Ratio Rank: 66
ESIT.L Sortino Ratio Rank: 65
ESIT.L Omega Ratio Rank: 60
ESIT.L Calmar Ratio Rank: 67
ESIT.L Martin Ratio Rank: 70

KROP.L

KROP.L Risk / Return Rank: 29
KROP.L Sharpe Ratio Rank: 28
KROP.L Sortino Ratio Rank: 28
KROP.L Omega Ratio Rank: 27
KROP.L Calmar Ratio Rank: 35
KROP.L Martin Ratio Rank: 28

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ESIT.L vs. KROP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) and Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ESIT.L	KROP.L	Difference
Sharpe ratio: Return per unit of total volatility	1.49	0.64	+0.85
Sortino ratio: Return per unit of downside risk	2.12	1.01	+1.11
Omega ratio: Gain probability vs. loss probability	1.26	1.12	+0.14
Calmar ratio: Return relative to maximum drawdown	2.29	1.27	+1.02
Martin ratio: Return relative to average drawdown	8.29	2.37	+5.91

ESIT.L vs. KROP.L - Sharpe Ratio Comparison

The current ESIT.L Sharpe Ratio is 1.49, which is higher than the KROP.L Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of ESIT.L and KROP.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ESIT.L vs. KROP.L - Drawdown Comparison

The maximum ESIT.L drawdown since its inception was -37.50%, smaller than the maximum KROP.L drawdown of -50.76%. Use the drawdown chart below to compare losses from any high point for ESIT.L and KROP.L.

Drawdown Indicators

	ESIT.L	KROP.L	Difference
Max Drawdown Largest peak-to-trough decline	-37.50%	-50.76%	+13.26%
Max Drawdown (1Y) Largest decline over 1 year	-17.84%	-8.40%	-9.44%
Max Drawdown (3Y) Largest decline over 3 years	-24.76%	-25.48%	+0.72%
Max Drawdown (5Y) Largest decline over 5 years	-37.50%	—	—
Current Drawdown Current decline from peak	-17.84%	-37.57%	+19.73%
Average Drawdown Average peak-to-trough decline	-11.51%	-34.59%	+23.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	4.19%	+0.68%

Volatility

ESIT.L vs. KROP.L - Volatility Comparison

iShares MSCI Europe Information Technology Sector UCITS ETF (ESIT.L) has a higher volatility of 9.97% compared to Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L) at 4.35%. This indicates that ESIT.L's price experiences larger fluctuations and is considered to be riskier than KROP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESIT.L	KROP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.97%	4.35%	+5.62%
Volatility (6M) Calculated over the trailing 6-month period	22.85%	13.24%	+9.61%
Volatility (1Y) Calculated over the trailing 1-year period	27.39%	16.78%	+10.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.04%	20.18%	+6.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.65%	20.18%	+6.47%

ESIT.L vs. KROP.L - Expense Ratio Comparison

ESIT.L has a 0.18% expense ratio, which is lower than KROP.L's 0.50% expense ratio.

Dividends

ESIT.L vs. KROP.L - Dividend Comparison

Neither ESIT.L nor KROP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ESIT.L and KROP.L in my portfolio?

ESIT.L and KROP.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESIT.L or KROP.L?

On fees, ESIT.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESIT.L or KROP.L?

ESIT.L is cheaper with a 0.18% expense ratio, compared with 0.50% for KROP.L.

What is the main difference between ESIT.L and KROP.L?

ESIT.L tracks MSCI World/Information Tech NR USD, while KROP.L tracks Solactive AgTech & Food Innovation v2 Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.18% for ESIT.L and 0.50% for KROP.L.