IUIT.L vs. KROP.L
IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) and KROP.L (Global X AgTech & Food Innovation UCITS ETF USD Acc) are both Technology Equities funds - IUIT.L tracks the S&P 500 Capped 35/20 Information Technology Index while KROP.L tracks the Global X AgTech & Food Innovation UCITS ETF USD Acc. Both are passively managed. Over the past 3 years, IUIT.L returned 29.24%/yr vs -1.04%/yr for KROP.L. At a 0.36 correlation, their price movements are largely independent. IUIT.L charges 0.15%/yr vs 0.50%/yr for KROP.L.
Performance
IUIT.L vs. KROP.L - Performance Comparison
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Returns By Period
In the year-to-date period, IUIT.L achieves a 17.06% return, which is significantly higher than KROP.L's 14.16% return.
IUIT.L
- 1D
- -0.78%
- 1M
- -2.95%
- 6M
- 19.62%
- YTD
- 17.06%
- 1Y
- 31.65%
- 3Y*
- 29.24%
- 5Y*
- 21.03%
- 10Y*
- 25.50%
KROP.L
- 1D
- 0.00%
- 1M
- 1.11%
- 6M
- 6.61%
- YTD
- 14.16%
- 1Y
- 9.77%
- 3Y*
- -1.04%
- 5Y*
- —
- 10Y*
- —
IUIT.L vs. KROP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 17.06% | 22.93% | 38.51% | 59.45% | -20.50% |
KROP.L Global X AgTech & Food Innovation UCITS ETF USD Acc | 14.16% | 7.62% | -8.33% | -22.51% | -24.21% |
Correlation
The correlation between IUIT.L and KROP.L is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022 | 0.36 |
Over the past year, the correlation between IUIT.L and KROP.L has dropped to 0.11 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
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Return for Risk
IUIT.L vs. KROP.L — Risk / Return Rank
IUIT.L
KROP.L
IUIT.L vs. KROP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.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.
| IUIT.L | KROP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.11 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 0.91 | +0.94 |
| Martin ratioReturn relative to average drawdown | 4.97 | 1.87 | +3.10 |
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Drawdowns
IUIT.L vs. KROP.L - Drawdown Comparison
The maximum IUIT.L drawdown since its inception was -33.46%, smaller than the maximum KROP.L drawdown of -52.04%. Use the drawdown chart below to compare losses from any high point for IUIT.L and KROP.L.
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Drawdown Indicators
| IUIT.L | KROP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.46% | -52.04% | +18.58% |
Max Drawdown (1Y)Largest decline over 1 year | -17.03% | -10.68% | -6.35% |
Max Drawdown (3Y)Largest decline over 3 years | -26.40% | -27.32% | +0.92% |
Max Drawdown (5Y)Largest decline over 5 years | -33.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | — | — |
Current DrawdownCurrent decline from peak | -7.85% | -38.04% | +30.19% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -36.93% | +31.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 5.21% | +1.14% |
Volatility
IUIT.L vs. KROP.L - Volatility Comparison
iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) has a higher volatility of 7.15% compared to Global X AgTech & Food Innovation UCITS ETF USD Acc (KROP.L) at 4.31%. This indicates that IUIT.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.
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Volatility by Period
| IUIT.L | KROP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.15% | 4.31% | +2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 17.59% | 12.96% | +4.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.08% | 16.56% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.96% | 21.25% | +2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.32% | 21.25% | +1.07% |
IUIT.L vs. KROP.L - Expense Ratio Comparison
IUIT.L has a 0.15% expense ratio, which is lower than KROP.L's 0.50% expense ratio.
Dividends
IUIT.L vs. KROP.L - Dividend Comparison
Neither IUIT.L nor KROP.L has paid dividends to shareholders.
Frequently Asked Questions
IUIT.L and KROP.L have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUIT.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.50% for KROP.L.
IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index, while KROP.L tracks Global X AgTech & Food Innovation UCITS ETF USD Acc. They also come from different issuers: iShares and Global X. Their fees differ too: 0.15% for IUIT.L and 0.50% for KROP.L.
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