FTXG vs. KROP

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Nasdaq Food & Beverage ETF (FTXG) and Global X AgTech & Food Innovation ETF (KROP).

FTXG and KROP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTXG is a passively managed fund by First Trust that tracks the performance of the Nasdaq U.S. Smart Food & Beverage Index. It was launched on Sep 20, 2016. KROP is a passively managed fund by Global X that tracks the performance of the Solactive AgTech & Food Innovation Index. It was launched on Jul 12, 2021. Both FTXG and KROP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FTXG vs. KROP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Food & Beverage ETF (FTXG) and Global X AgTech & Food Innovation ETF (KROP). The values are adjusted to include any dividend payments, if applicable.

FTXG vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTXG First Trust Nasdaq Food & Beverage ETF	5.85%	-6.52%	-2.52%	-6.48%	6.15%	4.27%
KROP Global X AgTech & Food Innovation ETF	15.06%	7.95%	-8.74%	-23.86%	-27.23%	-18.75%

Returns By Period

In the year-to-date period, FTXG achieves a 5.85% return, which is significantly lower than KROP's 15.06% return.

FTXG

• 1D: -0.27%
• 1M: -6.73%
• YTD: 5.85%
• 6M: 4.01%
• 1Y: -4.20%
• 3Y*: -3.25%
• 5Y*: -0.53%
• 10Y*: —

KROP

• 1D: 0.91%
• 1M: -4.77%
• YTD: 15.06%
• 6M: 15.34%
• 1Y: 18.33%
• 3Y*: -5.23%
• 5Y*: —
• 10Y*: —

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

FTXG vs. KROP - Expense Ratio Comparison

FTXG has a 0.60% expense ratio, which is higher than KROP's 0.50% expense ratio.

FTXG

First Trust Nasdaq Food & Beverage ETF

KROP

Global X AgTech & Food Innovation ETF

Return for Risk

FTXG vs. KROP — Risk / Return Rank

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

FTXG

FTXG Risk / Return Rank: 7
FTXG Sharpe Ratio Rank: 7
FTXG Sortino Ratio Rank: 6
FTXG Omega Ratio Rank: 6
FTXG Calmar Ratio Rank: 7
FTXG Martin Ratio Rank: 7

KROP

KROP Risk / Return Rank: 51
KROP Sharpe Ratio Rank: 50
KROP Sortino Ratio Rank: 50
KROP Omega Ratio Rank: 48
KROP Calmar Ratio Rank: 66
KROP Martin Ratio Rank: 42

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.

FTXG vs. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Food & Beverage ETF (FTXG) 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.

	FTXG	KROP	Difference
Sharpe ratio Return per unit of total volatility	-0.28	0.96	-1.23
Sortino ratio Return per unit of downside risk	-0.28	1.41	-1.69
Omega ratio Gain probability vs. loss probability	0.97	1.19	-0.23
Calmar ratio Return relative to maximum drawdown	-0.32	1.78	-2.10
Martin ratio Return relative to average drawdown	-0.60	4.21	-4.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTXG vs. KROP - Sharpe Ratio Comparison

The current FTXG Sharpe Ratio is -0.28, which is lower than the KROP Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of FTXG and KROP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTXG	KROP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.28	0.96	-1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	-0.60	+0.78

Correlation

The correlation between FTXG and KROP is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FTXG vs. KROP - Dividend Comparison

FTXG's dividend yield for the trailing twelve months is around 2.75%, more than KROP's 2.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXG First Trust Nasdaq Food & Beverage ETF	2.75%	2.93%	2.75%	4.27%	1.50%	1.52%	1.35%	1.25%	1.37%	1.56%	0.30%
KROP Global X AgTech & Food Innovation ETF	2.37%	2.73%	1.89%	1.36%	0.71%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FTXG vs. KROP - Drawdown Comparison

The maximum FTXG drawdown since its inception was -31.52%, smaller than the maximum KROP drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for FTXG and KROP.

Drawdown Indicators

	FTXG	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-31.52%	-61.96%	+30.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.40%	-11.29%	-1.11%
Max Drawdown (5Y) Largest decline over 5 years	-21.68%	—	—
Current Drawdown Current decline from peak	-14.77%	-49.60%	+34.83%
Average Drawdown Average peak-to-trough decline	-7.52%	-44.32%	+36.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.63%	4.78%	+1.85%

Volatility

FTXG vs. KROP - Volatility Comparison

The current volatility for First Trust Nasdaq Food & Beverage ETF (FTXG) is 3.75%, while Global X AgTech & Food Innovation ETF (KROP) has a volatility of 5.19%. This indicates that FTXG experiences smaller price fluctuations and is considered to be less risky than KROP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXG	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	5.19%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	9.79%	12.34%	-2.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.34%	19.33%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.45%	22.43%	-7.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.69%	22.43%	-5.74%