KROP vs. COM

Last updated Jun 24, 2026

KROP (Global X AgTech & Food Innovation ETF) and COM (Direxion Auspice Broad Commodity Strategy ETF) are both exchange-traded funds - KROP is a Technology Equities fund tracking the Solactive AgTech & Food Innovation Index, while COM is a Commodities fund tracking the Auspice Broad Commodity ER Index. Both are passively managed. Over the past 3 years, KROP returned -1.05%/yr vs 6.27%/yr for COM. At a 0.21 correlation, their price movements are largely independent. KROP charges 0.50%/yr vs 0.70%/yr for COM.

Performance

KROP vs. COM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AgTech & Food Innovation ETF (KROP) and Direxion Auspice Broad Commodity Strategy ETF (COM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with KROP having a 11.60% return and COM slightly lower at 11.12%.

KROP

• 1D: -1.01%
• 1M: -1.85%
• YTD: 11.60%
• 6M: 11.45%
• 1Y: 7.63%
• 3Y*: -1.05%
• 5Y*: —
• 10Y*: —

COM

• 1D: -1.21%
• 1M: -5.08%
• YTD: 11.12%
• 6M: 10.20%
• 1Y: 18.87%
• 3Y*: 6.27%
• 5Y*: 7.89%
• 10Y*: —

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

KROP vs. COM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	11.60%	7.95%	-8.74%	-23.86%	-27.23%	-19.99%
COM Direxion Auspice Broad Commodity Strategy ETF	11.12%	7.72%	5.81%	-2.09%	9.17%	7.03%

Correlation

The correlation between KROP and COM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021	0.21

Return for Risk

KROP vs. COM — Risk / Return Rank

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

KROP

KROP Risk / Return Rank: 16
KROP Sharpe Ratio Rank: 16
KROP Sortino Ratio Rank: 15
KROP Omega Ratio Rank: 15
KROP Calmar Ratio Rank: 17
KROP Martin Ratio Rank: 16

COM

COM Risk / Return Rank: 54
COM Sharpe Ratio Rank: 56
COM Sortino Ratio Rank: 53
COM Omega Ratio Rank: 57
COM Calmar Ratio Rank: 52
COM Martin Ratio Rank: 54

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.

KROP vs. COM - Risk-Adjusted Trends 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.

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.

	KROP	COM	Difference
Sharpe ratio: Return per unit of total volatility	0.47	1.81	-1.33
Sortino ratio: Return per unit of downside risk	0.79	2.45	-1.66
Omega ratio: Gain probability vs. loss probability	1.10	1.34	-0.24
Calmar ratio: Return relative to maximum drawdown	0.68	2.45	-1.77
Martin ratio: Return relative to average drawdown	1.46	8.97	-7.50

KROP vs. COM - Sharpe Ratio Comparison

The current KROP Sharpe Ratio is 0.47, which is lower than the COM Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of KROP and COM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KROP vs. COM - Drawdown Comparison

The maximum KROP drawdown since its inception was -62.08%, 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.

Drawdown Indicators

	KROP	COM	Difference
Max Drawdown Largest peak-to-trough decline	-62.08%	-15.95%	-46.13%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-7.74%	-3.55%
Max Drawdown (3Y) Largest decline over 3 years	-28.70%	-8.50%	-20.20%
Max Drawdown (5Y) Largest decline over 5 years	—	-14.02%	—
Current Drawdown Current decline from peak	-51.27%	-7.74%	-43.53%
Average Drawdown Average peak-to-trough decline	-44.71%	-6.28%	-38.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.23%	2.12%	+3.11%

Volatility

KROP vs. COM - Volatility Comparison

Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 4.54% compared to Direxion Auspice Broad Commodity Strategy ETF (COM) at 2.26%. 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.

Volatility by Period

	KROP	COM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	2.26%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	12.48%	8.61%	+3.87%
Volatility (1Y) Calculated over the trailing 1-year period	16.19%	10.59%	+5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.23%	9.55%	+12.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.23%	9.77%	+12.46%

KROP vs. COM - Expense Ratio Comparison

KROP has a 0.50% expense ratio, which is lower than COM's 0.70% expense ratio.

Dividends

KROP vs. COM - Dividend Comparison

KROP's dividend yield for the trailing twelve months is around 2.45%, less than COM's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
COM Direxion Auspice Broad Commodity Strategy ETF	2.55%	2.99%	3.88%	3.80%	8.59%	10.32%	0.13%	1.09%	2.36%	0.09%
KROP Global X AgTech & Food Innovation ETF	2.45%	2.73%	1.89%	1.36%	0.71%	0.69%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KROP and COM in my portfolio?

KROP and COM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KROP or COM?

KROP has higher volatility (4.54%) compared to COM (2.26%). In terms of maximum drawdown, KROP dropped -62.08% vs COM's -15.95%.

Which ETF is better, KROP or COM?

On 3-year performance, COM leads with 6.27% vs -1.05% for KROP. On fees, KROP is cheaper at 0.50% per year. On volatility, COM has been the lower-risk option at 2.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KROP or COM?

Over the 3-year period, COM has performed better with a 6.27% return vs -1.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KROP or COM?

KROP is cheaper with a 0.50% expense ratio, compared with 0.70% for COM.

Which ETF pays a higher dividend yield, KROP or COM?

COM has the higher dividend yield at 2.55%, compared with 2.45% for KROP.

What is the main difference between KROP and COM?

KROP is categorized as Technology Equities, while COM is Commodities. KROP tracks Solactive AgTech & Food Innovation Index, while COM tracks Auspice Broad Commodity ER Index. They also come from different issuers: Global X and Direxion. Their fees differ too: 0.50% for KROP and 0.70% for COM.

Which has better risk-adjusted returns?

COM currently has the higher Sharpe Ratio (1.81 vs 0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.