IETC vs. KROP

Last updated Jun 5, 2026

IETC (iShares Evolved U.S. Technology ETF) and KROP (Global X AgTech & Food Innovation ETF) are both Technology Equities funds. IETC is actively managed, while KROP is passively managed. Over the past 3 years, IETC returned 29.91%/yr vs 0.72%/yr for KROP. At a 0.42 correlation, their price movements are largely independent. IETC charges 0.18%/yr vs 0.50%/yr for KROP.

Performance

IETC vs. KROP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Technology ETF (IETC) 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, IETC achieves a 12.03% return, which is significantly lower than KROP's 16.59% return.

IETC

• 1D: -1.63%
• 1M: 9.01%
• YTD: 12.03%
• 6M: 10.27%
• 1Y: 27.98%
• 3Y*: 29.91%
• 5Y*: 17.84%
• 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)

IETC vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IETC iShares Evolved U.S. Technology ETF	12.03%	19.56%	37.57%	54.35%	-32.78%	8.81%
KROP Global X AgTech & Food Innovation ETF	16.59%	7.95%	-8.74%	-23.86%	-27.23%	-18.75%

Correlation

The correlation between IETC and KROP is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.42

Over the past year, the correlation between IETC and KROP has dropped to 0.07 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

IETC vs. KROP - Sectors Allocation Comparison

Sectors	IETC	KROP
Technology	79.1%	-
Communication Services	8.4%	-
Consumer Cyclical	4.7%	0.3%
Industrials	3.7%	39.7%
Financial Services	3.1%	-
Real Estate	0.7%	-
Healthcare	0.1%	0.3%
Basic Materials	-	32.1%
Consumer Defensive	-	26.3%
Energy	-	-
Utilities	-	-

Return for Risk

IETC vs. KROP — Risk / Return Rank

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

IETC

IETC Risk / Return Rank: 33
IETC Sharpe Ratio Rank: 38
IETC Sortino Ratio Rank: 36
IETC Omega Ratio Rank: 36
IETC Calmar Ratio Rank: 28
IETC Martin Ratio Rank: 27

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.

IETC vs. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Technology ETF (IETC) 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.

	IETC	KROP	Difference
Sharpe ratio: Return per unit of total volatility	1.33	0.81	+0.53
Sortino ratio: Return per unit of downside risk	1.84	1.24	+0.60
Omega ratio: Gain probability vs. loss probability	1.23	1.15	+0.08
Calmar ratio: Return relative to maximum drawdown	1.33	1.14	+0.18
Martin ratio: Return relative to average drawdown	3.73	2.58	+1.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IETC vs. KROP - Sharpe Ratio Comparison

The current IETC Sharpe Ratio is 1.33, which is higher than the KROP Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of IETC 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

	IETC	KROP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	0.81	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	-0.57	+1.43

Drawdowns

IETC vs. KROP - Drawdown Comparison

The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum KROP drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for IETC and KROP.

Drawdown Indicators

	IETC	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-38.48%	-61.96%	+23.48%
Max Drawdown (1Y) Largest decline over 1 year	-21.19%	-11.29%	-9.90%
Max Drawdown (3Y) Largest decline over 3 years	-25.17%	-28.70%	+3.53%
Max Drawdown (5Y) Largest decline over 5 years	-38.48%	—	—
Current Drawdown Current decline from peak	-3.84%	-48.93%	+45.09%
Average Drawdown Average peak-to-trough decline	-8.13%	-44.50%	+36.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.51%	4.99%	+2.52%

Volatility

IETC vs. KROP - Volatility Comparison

iShares Evolved U.S. Technology ETF (IETC) has a higher volatility of 6.78% compared to Global X AgTech & Food Innovation ETF (KROP) at 4.69%. This indicates that IETC'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

	IETC	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.78%	4.69%	+2.09%
Volatility (6M) Calculated over the trailing 6-month period	16.57%	11.98%	+4.59%
Volatility (1Y) Calculated over the trailing 1-year period	21.09%	16.04%	+5.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.53%	22.27%	+2.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.38%	22.27%	+3.11%

IETC vs. KROP - Expense Ratio Comparison

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

Dividends

IETC vs. KROP - Dividend Comparison

IETC's dividend yield for the trailing twelve months is around 0.35%, less than KROP's 2.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IETC iShares Evolved U.S. Technology ETF	0.35%	0.38%	0.52%	0.79%	0.92%	0.73%	0.48%	0.95%	1.27%
KROP Global X AgTech & Food Innovation ETF	2.34%	2.73%	1.89%	1.36%	0.71%	0.69%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IETC and KROP in my portfolio?

IETC and KROP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IETC or KROP?

IETC has higher volatility (6.78%) compared to KROP (4.69%). In terms of maximum drawdown, IETC dropped -38.48% vs KROP's -61.96%.

Which ETF is better, IETC or KROP?

On 3-year performance, IETC leads with 29.91% vs 0.72% for KROP. On fees, IETC is cheaper at 0.18% 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, IETC or KROP?

Over the 3-year period, IETC has performed better with a 29.91% return vs 0.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IETC or KROP?

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

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

KROP has the higher dividend yield at 2.34%, compared with 0.35% for IETC.

What is the main difference between IETC and KROP?

They also come from different issuers: iShares and Global X. Their fees differ too: 0.18% for IETC and 0.50% for KROP.

Which has better risk-adjusted returns?

IETC currently has the higher Sharpe Ratio (1.33 vs 0.81), 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.