KROP vs. COM
Compare and contrast key facts about Global X AgTech & Food Innovation ETF (KROP) and Direxion Auspice Broad Commodity Strategy ETF (COM).
KROP and COM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KROP is a passively managed fund by Global X that tracks the performance of the Solactive AgTech & Food Innovation Index. It was launched on Jul 12, 2021. COM is a passively managed fund by Direxion that tracks the performance of the Auspice Broad Commodity ER Index. It was launched on Mar 30, 2017. Both KROP and COM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KROP or COM.
Correlation
The correlation between KROP and COM is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KROP vs. COM - Performance Comparison
Key characteristics
KROP:
-0.31
COM:
0.77
KROP:
-0.34
COM:
1.15
KROP:
0.96
COM:
1.14
KROP:
-0.09
COM:
0.40
KROP:
-0.69
COM:
1.98
KROP:
7.46%
COM:
2.73%
KROP:
16.48%
COM:
7.05%
KROP:
-60.23%
COM:
-15.95%
KROP:
-59.33%
COM:
-7.96%
Returns By Period
In the year-to-date period, KROP achieves a -8.52% return, which is significantly lower than COM's 5.68% return.
KROP
-8.52%
-2.45%
-2.53%
-6.92%
N/A
N/A
COM
5.68%
-1.10%
-0.47%
5.27%
9.28%
N/A
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KROP vs. COM - Expense Ratio Comparison
KROP has a 0.50% expense ratio, which is lower than COM's 0.70% expense ratio.
Risk-Adjusted Performance
KROP vs. COM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and Direxion Auspice Broad Commodity Strategy ETF (COM). 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.
Dividends
KROP vs. COM - Dividend Comparison
KROP's dividend yield for the trailing twelve months is around 1.71%, less than COM's 3.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
KROP Global X AgTech & Food Innovation ETF | 1.71% | 1.36% | 0.71% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% |
COM Direxion Auspice Broad Commodity Strategy ETF | 3.30% | 3.80% | 8.59% | 10.32% | 0.13% | 1.09% | 2.36% | 0.09% |
Drawdowns
KROP vs. COM - Drawdown Comparison
The maximum KROP drawdown since its inception was -60.23%, which is greater than COM's maximum drawdown of -15.95%. Use the drawdown chart below to compare losses from any high point for KROP and COM. For additional features, visit the drawdowns tool.
Volatility
KROP vs. COM - Volatility Comparison
Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 5.44% compared to Direxion Auspice Broad Commodity Strategy ETF (COM) at 1.87%. This indicates that KROP's price experiences larger fluctuations and is considered to be riskier than COM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.