FOOD.AX vs. CORE.AX
FOOD.AX (Betashares Global Agriculture Companies Currency Hedged ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. FOOD.AX is passively managed, while CORE.AX is actively managed. Over the past year, FOOD.AX returned 19.32% vs 15.14% for CORE.AX. At a 0.06 correlation, their price movements are largely independent.
Performance
FOOD.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, FOOD.AX achieves a 13.63% return, which is significantly higher than CORE.AX's 4.95% return.
FOOD.AX
- 1D
- 0.38%
- 1M
- 1.59%
- 6M
- 11.05%
- YTD
- 13.63%
- 1Y
- 19.32%
- 3Y*
- 7.23%
- 5Y*
- 4.85%
- 10Y*
- —
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FOOD.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FOOD.AX Betashares Global Agriculture Companies Currency Hedged ETF | 13.63% | 7.94% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between FOOD.AX and CORE.AX is 0.08, 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 | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.06 |
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Return for Risk
FOOD.AX vs. CORE.AX — Risk / Return Rank
FOOD.AX
CORE.AX
FOOD.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Global Agriculture Companies Currency Hedged ETF (FOOD.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| FOOD.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.68 | +0.13 |
| Martin ratioReturn relative to average drawdown | 5.18 | 4.54 | +0.64 |
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Drawdowns
FOOD.AX vs. CORE.AX - Drawdown Comparison
The maximum FOOD.AX drawdown since its inception was -39.46%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for FOOD.AX and CORE.AX.
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Drawdown Indicators
| FOOD.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.46% | -10.20% | -29.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.06% | -10.20% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -22.20% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.67% | — | — |
Current DrawdownCurrent decline from peak | -5.87% | -1.34% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -11.38% | -2.60% | -8.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.89% | — | — |
Volatility
FOOD.AX vs. CORE.AX - Volatility Comparison
Betashares Global Agriculture Companies Currency Hedged ETF (FOOD.AX) has a higher volatility of 3.76% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that FOOD.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOOD.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 2.12% | +1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 13.70% | 7.39% | +6.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.49% | 12.44% | +4.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.48% | 12.50% | +4.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.50% | 12.50% | +5.00% |
Dividends
FOOD.AX vs. CORE.AX - Dividend Comparison
FOOD.AX's dividend yield for the trailing twelve months is around 3.96%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FOOD.AX Betashares Global Agriculture Companies Currency Hedged ETF | 3.96% | 0.00% | 1.48% | 0.00% | 2.57% | 3.39% | 0.00% | 0.46% | 3.60% |
Frequently Asked Questions
FOOD.AX and CORE.AX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BetaShares and Schroder.
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