KROP vs. IGV

Last updated Aug 4, 2026

KROP (Global X AgTech & Food Innovation ETF) and IGV (iShares Expanded Tech-Software Sector ETF) are both Technology Equities funds - KROP tracks the Solactive AgTech & Food Innovation Index while IGV tracks the S&P North American Expanded Technology Software Index. Both are passively managed. Over the past 5 years, KROP returned -11.81%/yr vs 3.63%/yr for IGV. Their 0.40 correlation means their historical movements had little consistent relationship. KROP charges 0.50%/yr vs 0.39%/yr for IGV.

Performance

KROP vs. IGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AgTech & Food Innovation ETF (KROP) and iShares Expanded Tech-Software Sector ETF (IGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KROP achieves a 15.64% return, which is significantly higher than IGV's -7.81% return.

KROP

• 1D: 0.33%
• 1M: -1.13%
• 6M: 5.85%
• YTD: 15.64%
• 1Y: 11.84%
• 3Y*: 0.14%
• 5Y*: -11.81%
• 10Y*: —
• ALL TIME*: -12.64%

IGV

• 1D: 3.00%
• 1M: 4.11%
• 6M: 8.85%
• YTD: -7.81%
• 1Y: -10.30%
• 3Y*: 12.00%
• 5Y*: 3.63%
• 10Y*: 16.04%
• ALL TIME*: 9.49%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IGV iShares Expanded Tech-Software Sector ETF	$1.47B	$1.27B	$1.69B
KROP Global X AgTech & Food Innovation ETF	$48.18K	$49.05K	$92.40K

KROP vs. IGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	15.64%	7.95%	-8.74%	-23.86%	-27.23%	-19.99%
IGV iShares Expanded Tech-Software Sector ETF	-7.81%	5.56%	23.41%	58.56%	-35.65%	0.55%

Correlation

The correlation between KROP and IGV is 0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.00
Correlation (3Y) Balances recent behavior with more history.	0.20
Correlation (5Y) Shows whether the relationship held over a longer period.	0.40
Correlation (All Time) Calculated using the full available price history since Jul 14, 2021	0.40

Over the past year, the correlation between KROP and IGV has dropped to 0.00 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.

KROP vs. IGV - Sectors Allocation Comparison

Sectors	KROP	IGV
Industrials	40.7%	0.1%
Basic Materials	29.3%	-
Consumer Defensive	24.3%	-
Healthcare	5.4%	-
Consumer Cyclical	0.3%	0.3%
Communication Services	-	8.3%
Energy	-	-
Financial Services	-	1.9%
Real Estate	-	-
Technology	-	89.3%
Utilities	-	-

Return for Risk

KROP vs. IGV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

KROP

KROP Risk / Return Rank: 30
KROP Sharpe Ratio Rank: 29
KROP Sortino Ratio Rank: 29
KROP Omega Ratio Rank: 29
KROP Calmar Ratio Rank: 35
KROP Martin Ratio Rank: 29

IGV

IGV Risk / Return Rank: 7
IGV Sharpe Ratio Rank: 6
IGV Sortino Ratio Rank: 7
IGV Omega Ratio Rank: 7
IGV Calmar Ratio Rank: 7
IGV Martin Ratio Rank: 7

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

KROP vs. IGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and iShares Expanded Tech-Software Sector ETF (IGV). 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	IGV	Difference
Sharpe ratio: Return per unit of total volatility	0.72	-0.35	+1.08
Sortino ratio: Return per unit of downside risk	1.11	-0.31	+1.42
Omega ratio: Gain probability vs. loss probability	1.14	0.96	+0.18
Calmar ratio: Return relative to maximum drawdown	1.23	-0.28	+1.51
Martin ratio: Return relative to average drawdown	2.56	-0.53	+3.10

KROP vs. IGV - Sharpe Ratio Comparison

The current KROP Sharpe Ratio is 0.72, which is higher than the IGV Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of KROP and IGV, 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. IGV - Drawdown Comparison

The maximum KROP drawdown since its inception was -62.08%, roughly equal to the maximum IGV drawdown of -63.45%. Use the drawdown chart below to compare losses from any high point for KROP and IGV.

Drawdown Indicators

	KROP	IGV	Difference
Max Drawdown Largest peak-to-trough decline	-62.08%	-63.45%	+1.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.67%	-36.61%	+26.94%
Max Drawdown (3Y) Largest decline over 3 years	-25.19%	-36.61%	+11.42%
Max Drawdown (5Y) Largest decline over 5 years	-61.96%	-45.85%	-16.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.85%	—
Current Drawdown Current decline from peak	-49.50%	-17.28%	-32.22%
Average Drawdown Average peak-to-trough decline	-44.81%	-14.49%	-30.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.63%	19.38%	-14.75%

Volatility

KROP vs. IGV - Volatility Comparison

The current volatility for Global X AgTech & Food Innovation ETF (KROP) is 4.77%, while iShares Expanded Tech-Software Sector ETF (IGV) has a volatility of 7.40%. This indicates that KROP experiences smaller price fluctuations and is considered to be less risky than IGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KROP	IGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	7.40%	-2.63%
Volatility (6M) Calculated over the trailing 6-month period	12.77%	25.09%	-12.32%
Volatility (1Y) Calculated over the trailing 1-year period	16.50%	29.25%	-12.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.13%	28.21%	-6.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.11%	26.47%	-4.36%

KROP vs. IGV - Expense Ratio Comparison

KROP has a 0.50% expense ratio, which is higher than IGV's 0.39% expense ratio.

Dividends

KROP vs. IGV - Dividend Comparison

KROP's dividend yield for the trailing twelve months is around 2.13%, more than IGV's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGV iShares Expanded Tech-Software Sector ETF	0.02%	0.00%	0.00%	0.01%	0.01%	0.00%	0.35%	0.02%	0.16%	0.09%	0.82%	0.22%
KROP Global X AgTech & Food Innovation ETF	2.13%	2.73%	1.89%	1.36%	0.71%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KROP and IGV in my portfolio?

KROP and IGV have a correlation of 0.00, 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 IGV?

IGV has higher volatility (7.40%) compared to KROP (4.77%). In terms of maximum drawdown, KROP dropped -62.08% vs IGV's -63.45%.

Which ETF is better, KROP or IGV?

On 5-year performance, IGV leads with 3.63% vs -11.81% for KROP. On fees, IGV is cheaper at 0.39% per year. On volatility, KROP has been the lower-risk option at 4.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KROP or IGV?

Over the 5-year period, IGV has performed better with a 3.63% return vs -11.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KROP or IGV?

IGV is cheaper with a 0.39% expense ratio, compared with 0.50% for KROP.

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

KROP has the higher dividend yield at 2.13%, compared with 0.02% for IGV.

What is the main difference between KROP and IGV?

KROP tracks Solactive AgTech & Food Innovation Index, while IGV tracks S&P North American Expanded Technology Software Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for KROP and 0.39% for IGV.

Which has better risk-adjusted returns?

KROP currently has the higher Sharpe Ratio (0.72 vs -0.35), 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.