KROG.L vs. XLKQ.L

Last updated Jun 5, 2026

KROG.L (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) and XLKQ.L (Invesco Technology S&P US Select Sector UCITS ETF GBP Acc) are both Technology Equities funds - KROG.L tracks the MSCI World/Information Tech NR USD while XLKQ.L tracks the S&P Select Sector Capped 20% Technology Index. Both are passively managed. Over the past 3 years, KROG.L returned -1.99%/yr vs 33.18%/yr for XLKQ.L. At a 0.29 correlation, their price movements are largely independent. KROG.L charges 0.50%/yr vs 0.14%/yr for XLKQ.L.

Performance

KROG.L vs. XLKQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L) and Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

KROG.L is traded in GBP, while XLKQ.L is traded in GBp. To make them comparable, the XLKQ.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 lower than XLKQ.L's 23.81% return.

KROG.L

• 1D: 0.42%
• 1M: 0.42%
• YTD: 15.55%
• 6M: 13.48%
• 1Y: 12.57%
• 3Y*: -1.99%
• 5Y*: —
• 10Y*: —

XLKQ.L

• 1D: -2.23%
• 1M: 14.41%
• YTD: 23.81%
• 6M: 22.31%
• 1Y: 54.52%
• 3Y*: 33.18%
• 5Y*: 26.60%
• 10Y*: 27.22%

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

KROG.L vs. XLKQ.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%
XLKQ.L Invesco Technology S&P US Select Sector UCITS ETF GBP Acc	23.81%	15.76%	44.03%	51.84%	-10.04%

Correlation

The correlation between KROG.L and XLKQ.L is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.29

Over the past year, the correlation between KROG.L and XLKQ.L has dropped to 0.05 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.

Return for Risk

KROG.L vs. XLKQ.L — Risk / Return Rank

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

KROG.L

KROG.L Risk / Return Rank: 25
KROG.L Sharpe Ratio Rank: 24
KROG.L Sortino Ratio Rank: 24
KROG.L Omega Ratio Rank: 23
KROG.L Calmar Ratio Rank: 31
KROG.L Martin Ratio Rank: 24

XLKQ.L

XLKQ.L Risk / Return Rank: 73
XLKQ.L Sharpe Ratio Rank: 86
XLKQ.L Sortino Ratio Rank: 81
XLKQ.L Omega Ratio Rank: 78
XLKQ.L Calmar Ratio Rank: 66
XLKQ.L Martin Ratio Rank: 51

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.

KROG.L vs. XLKQ.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 Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.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	XLKQ.L	Difference
Sharpe ratio: Return per unit of total volatility	0.80	2.83	-2.03
Sortino ratio: Return per unit of downside risk	1.26	3.59	-2.34
Omega ratio: Gain probability vs. loss probability	1.15	1.46	-0.31
Calmar ratio: Return relative to maximum drawdown	1.52	3.24	-1.71
Martin ratio: Return relative to average drawdown	3.05	8.42	-5.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KROG.L vs. XLKQ.L - Sharpe Ratio Comparison

The current KROG.L Sharpe Ratio is 0.80, which is lower than the XLKQ.L Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of KROG.L and XLKQ.L, 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

	KROG.L	XLKQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	2.83	-2.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	1.33	-1.77

Drawdowns

KROG.L vs. XLKQ.L - Drawdown Comparison

The maximum KROG.L drawdown since its inception was -51.38%, which is greater than XLKQ.L's maximum drawdown of -28.74%. Use the drawdown chart below to compare losses from any high point for KROG.L and XLKQ.L.

Drawdown Indicators

	KROG.L	XLKQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-51.38%	-28.74%	-22.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.21%	-16.76%	+8.55%
Max Drawdown (3Y) Largest decline over 3 years	-28.00%	-28.74%	+0.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.74%	—
Current Drawdown Current decline from peak	-38.55%	-2.84%	-35.71%
Average Drawdown Average peak-to-trough decline	-34.39%	-5.04%	-29.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.12%	6.45%	-2.33%

Volatility

KROG.L vs. XLKQ.L - Volatility Comparison

The current volatility for Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROG.L) is 5.64%, while Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) has a volatility of 6.83%. This indicates that KROG.L experiences smaller price fluctuations and is considered to be less risky than XLKQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KROG.L	XLKQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.64%	6.83%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	14.29%	-2.08%
Volatility (1Y) Calculated over the trailing 1-year period	15.69%	19.18%	-3.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.47%	22.04%	-2.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.47%	21.65%	-2.18%

KROG.L vs. XLKQ.L - Expense Ratio Comparison

KROG.L has a 0.50% expense ratio, which is higher than XLKQ.L's 0.14% expense ratio.

Dividends

KROG.L vs. XLKQ.L - Dividend Comparison

Neither KROG.L nor XLKQ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KROG.L and XLKQ.L in my portfolio?

KROG.L and XLKQ.L have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KROG.L or XLKQ.L?

On fees, XLKQ.L is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KROG.L or XLKQ.L?

XLKQ.L is cheaper with a 0.14% expense ratio, compared with 0.50% for KROG.L.

What is the main difference between KROG.L and XLKQ.L?

KROG.L tracks MSCI World/Information Tech NR USD, while XLKQ.L tracks S&P Select Sector Capped 20% Technology Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.50% for KROG.L and 0.14% for XLKQ.L.