KROP vs. ISCMF
KROP (Global X AgTech & Food Innovation ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - KROP is a Technology Equities fund tracking the Solactive AgTech & Food Innovation Index, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. Over the past 3 years, KROP returned 0.56%/yr vs 10.24%/yr for ISCMF. Their -0.03 correlation means they have often moved in opposite directions in the past. KROP charges 0.50%/yr vs 0.19%/yr for ISCMF.
Performance
KROP vs. ISCMF - Performance Comparison
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Returns By Period
In the year-to-date period, KROP achieves a 17.08% return, which is significantly higher than ISCMF's 11.96% return.
KROP
- 1D
- 1.25%
- 1M
- 0.10%
- 6M
- 5.71%
- YTD
- 17.08%
- 1Y
- 12.04%
- 3Y*
- 0.56%
- 5Y*
- -11.64%
- 10Y*
- —
- ALL TIME*
- -12.42%
ISCMF
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.00%
- YTD
- 11.96%
- 1Y
- 21.66%
- 3Y*
- 10.24%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $7.90K | $54.64K | |
| $39.05K | $49.82K | $91.62K |
KROP vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
KROP Global X AgTech & Food Innovation ETF | 17.08% | 7.95% | -8.74% | -23.86% | -21.65% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 11.96% | 19.65% | 3.13% | -9.58% | -5.82% |
Correlation
The correlation between KROP and ISCMF is -0.08, 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. | -0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | -0.03 |
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Return for Risk
KROP vs. ISCMF — Risk / Return Rank
KROP
ISCMF
KROP vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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 | ISCMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.81 | -0.67 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.59 | -0.34 |
| Martin ratioReturn relative to average drawdown | 2.61 | 4.77 | -2.16 |
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Drawdowns
KROP vs. ISCMF - Drawdown Comparison
The maximum KROP drawdown since its inception was -62.08%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for KROP and ISCMF.
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Drawdown Indicators
| KROP | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.08% | -25.42% | -36.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.67% | -13.68% | +4.01% |
Max Drawdown (3Y)Largest decline over 3 years | -25.19% | -13.68% | -11.51% |
Max Drawdown (5Y)Largest decline over 5 years | -61.96% | — | — |
Current DrawdownCurrent decline from peak | -48.87% | -13.68% | -35.19% |
Average DrawdownAverage peak-to-trough decline | -44.81% | -13.31% | -31.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.63% | 4.69% | -0.06% |
Volatility
KROP vs. ISCMF - Volatility Comparison
Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 4.87% compared to iShares Diversified Commodity Swap UCITS ETF (ISCMF) at 0.00%. This indicates that KROP's price experiences larger fluctuations and is considered to be riskier than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KROP | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 0.00% | +4.87% |
Volatility (6M)Calculated over the trailing 6-month period | 12.83% | 17.04% | -4.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.52% | 19.57% | -3.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.13% | 14.73% | +7.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.11% | 14.73% | +7.38% |
KROP vs. ISCMF - Expense Ratio Comparison
KROP has a 0.50% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Dividends
KROP vs. ISCMF - Dividend Comparison
KROP's dividend yield for the trailing twelve months is around 2.11%, while ISCMF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
KROP Global X AgTech & Food Innovation ETF | 2.11% | 2.73% | 1.89% | 1.36% | 0.71% | 0.69% |
Frequently Asked Questions
KROP and ISCMF have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KROP has higher volatility (4.87%) compared to ISCMF (0.00%). In terms of maximum drawdown, KROP dropped -62.08% vs ISCMF's -25.42%.
On 3-year performance, ISCMF leads with 10.24% vs 0.56% for KROP. On fees, ISCMF is cheaper at 0.19% per year. On volatility, ISCMF has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ISCMF has performed better with a 10.24% return vs 0.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISCMF is cheaper with a 0.19% expense ratio, compared with 0.50% for KROP.
KROP has the higher dividend yield at 2.11%, compared with 0.00% for ISCMF.
KROP is categorized as Technology Equities, while ISCMF is Commodities. KROP tracks Solactive AgTech & Food Innovation Index, while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for KROP and 0.19% for ISCMF.
ISCMF currently has the higher Sharpe Ratio (1.11 vs 0.73), 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.
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