KROP.DE vs. H4ZX.DE
KROP.DE (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) and H4ZX.DE (HSBC Hang Seng TECH UCITS ETF HKD) are both Technology Equities funds - KROP.DE tracks the Solactive AgTech and Food Innovation while H4ZX.DE tracks the Hang Seng TECH. Both are passively managed. Over the past 3 years, KROP.DE returned -2.05%/yr vs 6.77%/yr for H4ZX.DE. At a 0.32 correlation, their price movements are largely independent. Both charge a 0.50% expense ratio.
Performance
KROP.DE vs. H4ZX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, KROP.DE achieves a 17.14% return, which is significantly higher than H4ZX.DE's -10.21% return.
KROP.DE
- 1D
- 0.13%
- 1M
- -0.17%
- YTD
- 17.14%
- 6M
- 13.93%
- 1Y
- 9.93%
- 3Y*
- -2.05%
- 5Y*
- —
- 10Y*
- —
H4ZX.DE
- 1D
- -0.76%
- 1M
- -0.37%
- YTD
- -10.21%
- 6M
- -12.22%
- 1Y
- -7.89%
- 3Y*
- 6.77%
- 5Y*
- -8.49%
- 10Y*
- —
KROP.DE vs. H4ZX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
KROP.DE Global X AgTech and Food Innovation UCITS ETF USD Accumulating | 17.14% | -4.87% | -2.79% | -25.11% | -19.26% |
H4ZX.DE HSBC Hang Seng TECH UCITS ETF HKD | -10.21% | 10.69% | 28.06% | -11.53% | -22.87% |
Correlation
The correlation between KROP.DE and H4ZX.DE is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
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 | 0.32 |
The correlation between KROP.DE and H4ZX.DE shifts across timeframes, from 0.22 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KROP.DE vs. H4ZX.DE — Risk / Return Rank
KROP.DE
H4ZX.DE
KROP.DE vs. H4ZX.DE - 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 (KROP.DE) and HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE). 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.
| KROP.DE | H4ZX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.98 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | -0.22 | +1.26 |
| Martin ratioReturn relative to average drawdown | 2.21 | -0.41 | +2.62 |
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
| KROP.DE | H4ZX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | -0.26 | +0.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.47 | -0.20 | -0.27 |
Drawdowns
KROP.DE vs. H4ZX.DE - Drawdown Comparison
The maximum KROP.DE drawdown since its inception was -52.74%, smaller than the maximum H4ZX.DE drawdown of -69.32%. Use the drawdown chart below to compare losses from any high point for KROP.DE and H4ZX.DE.
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Drawdown Indicators
| KROP.DE | H4ZX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.74% | -69.32% | +16.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -30.08% | +20.86% |
Max Drawdown (3Y)Largest decline over 3 years | -27.28% | -33.31% | +6.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.34% | — |
Current DrawdownCurrent decline from peak | -41.08% | -52.22% | +11.14% |
Average DrawdownAverage peak-to-trough decline | -36.46% | -49.50% | +13.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.34% | 16.57% | -12.23% |
Volatility
KROP.DE vs. H4ZX.DE - Volatility Comparison
The current volatility for Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROP.DE) is 5.58%, while HSBC Hang Seng TECH UCITS ETF HKD (H4ZX.DE) has a volatility of 10.02%. This indicates that KROP.DE experiences smaller price fluctuations and is considered to be less risky than H4ZX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KROP.DE | H4ZX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 10.02% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 18.64% | -6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.43% | 26.17% | -10.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.64% | 37.84% | -18.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.64% | 37.65% | -18.01% |
KROP.DE vs. H4ZX.DE - Expense Ratio Comparison
Both KROP.DE and H4ZX.DE have an expense ratio of 0.50%.
Dividends
KROP.DE vs. H4ZX.DE - Dividend Comparison
Neither KROP.DE nor H4ZX.DE has paid dividends to shareholders.
Frequently Asked Questions
KROP.DE and H4ZX.DE have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
KROP.DE and H4ZX.DE have the same expense ratio: 0.50% per year.
KROP.DE tracks Solactive AgTech and Food Innovation, while H4ZX.DE tracks Hang Seng TECH. They also come from different issuers: Global X and HSBC.
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