KROG.L vs. MCTS.L
KROG.L (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) and MCTS.L (Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc) are both Technology Equities funds tracking the MSCI World/Information Tech NR USD, from Global X and Invesco respectively. Both are passively managed. Over the past 3 years, KROG.L returned -1.99%/yr vs 10.05%/yr for MCTS.L. At a 0.33 correlation, their price movements are largely independent. KROG.L charges 0.50%/yr vs 0.49%/yr for MCTS.L.
Performance
KROG.L vs. MCTS.L - Performance Comparison
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Different Trading Currencies
KROG.L is traded in GBP, while MCTS.L is traded in GBp. To make them comparable, the MCTS.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, KROG.L achieves a 15.55% return, which is significantly higher than MCTS.L's 2.74% return.
KROG.L
- 1D
- 0.42%
- 1M
- 0.42%
- YTD
- 15.55%
- 6M
- 13.48%
- 1Y
- 12.57%
- 3Y*
- -1.99%
- 5Y*
- —
- 10Y*
- —
MCTS.L
- 1D
- -0.56%
- 1M
- 3.20%
- YTD
- 2.74%
- 6M
- 1.09%
- 1Y
- 19.04%
- 3Y*
- 10.05%
- 5Y*
- —
- 10Y*
- —
KROG.L vs. MCTS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
KROG.L Global X AgTech and Food Innovation UCITS ETF USD Accumulating | 15.55% | 0.36% | -6.89% | -26.89% | -14.07% |
MCTS.L Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc | 2.74% | 23.52% | 22.51% | -23.51% | -18.01% |
Correlation
The correlation between KROG.L and MCTS.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.33 |
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Return for Risk
KROG.L vs. MCTS.L — Risk / Return Rank
KROG.L
MCTS.L
KROG.L vs. MCTS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L) and Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc (MCTS.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.
| KROG.L | MCTS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.19 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 0.54 | +0.99 |
| Martin ratioReturn relative to average drawdown | 3.05 | 0.82 | +2.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KROG.L | MCTS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.41 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.45 | -0.11 | -0.34 |
Drawdowns
KROG.L vs. MCTS.L - Drawdown Comparison
The maximum KROG.L drawdown since its inception was -51.38%, smaller than the maximum MCTS.L drawdown of -59.88%. Use the drawdown chart below to compare losses from any high point for KROG.L and MCTS.L.
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Drawdown Indicators
| KROG.L | MCTS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.38% | -59.88% | +8.50% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -35.37% | +27.16% |
Max Drawdown (3Y)Largest decline over 3 years | -28.00% | -35.37% | +7.37% |
Current DrawdownCurrent decline from peak | -38.55% | -27.96% | -10.59% |
Average DrawdownAverage peak-to-trough decline | -34.39% | -36.22% | +1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 23.12% | -19.00% |
Volatility
KROG.L vs. MCTS.L - Volatility Comparison
The current volatility for Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L) is 5.64%, while Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc (MCTS.L) has a volatility of 8.34%. This indicates that KROG.L experiences smaller price fluctuations and is considered to be less risky than MCTS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KROG.L | MCTS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.64% | 8.34% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 14.92% | -2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.69% | 46.61% | -30.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.47% | 44.13% | -24.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.47% | 44.13% | -24.66% |
KROG.L vs. MCTS.L - Expense Ratio Comparison
KROG.L has a 0.50% expense ratio, which is higher than MCTS.L's 0.49% expense ratio.
Dividends
KROG.L vs. MCTS.L - Dividend Comparison
Neither KROG.L nor MCTS.L has paid dividends to shareholders.
Frequently Asked Questions
KROG.L and MCTS.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MCTS.L is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MCTS.L is cheaper with a 0.49% expense ratio, compared with 0.50% for KROG.L.
Both ETFs track MSCI World/Information Tech NR USD. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.50% for KROG.L and 0.49% for MCTS.L.
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