KROP vs. MOO
Compare and contrast key facts about Global X AgTech & Food Innovation ETF (KROP) and VanEck Vectors Agribusiness ETF (MOO).
KROP and MOO 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. MOO is a passively managed fund by VanEck that tracks the performance of the DAXglobal Agribusiness Index. It was launched on Aug 31, 2007. Both KROP and MOO 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 MOO.
Correlation
The correlation between KROP and MOO is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
KROP vs. MOO - Performance Comparison
Key characteristics
KROP:
-0.56
MOO:
-0.53
KROP:
-0.69
MOO:
-0.66
KROP:
0.92
MOO:
0.93
KROP:
-0.17
MOO:
-0.21
KROP:
-1.16
MOO:
-1.24
KROP:
8.85%
MOO:
6.18%
KROP:
18.41%
MOO:
14.39%
KROP:
-60.23%
MOO:
-69.53%
KROP:
-58.89%
MOO:
-33.32%
Returns By Period
In the year-to-date period, KROP achieves a 1.33% return, which is significantly lower than MOO's 2.88% return.
KROP
1.33%
0.21%
-7.80%
-10.71%
N/A
N/A
MOO
2.88%
-0.27%
-8.01%
-8.18%
8.42%
4.05%
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KROP vs. MOO - Expense Ratio Comparison
KROP has a 0.50% expense ratio, which is lower than MOO's 0.54% expense ratio.
Risk-Adjusted Performance
KROP vs. MOO — Risk-Adjusted Performance Rank
KROP
MOO
KROP vs. MOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and VanEck Vectors Agribusiness ETF (MOO). 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. MOO - Dividend Comparison
KROP's dividend yield for the trailing twelve months is around 1.87%, less than MOO's 3.32% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KROP Global X AgTech & Food Innovation ETF | 1.87% | 1.89% | 1.36% | 0.71% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MOO VanEck Vectors Agribusiness ETF | 3.32% | 3.41% | 2.94% | 2.15% | 1.17% | 1.10% | 1.32% | 1.69% | 1.44% | 2.14% | 2.89% | 3.21% |
Drawdowns
KROP vs. MOO - Drawdown Comparison
The maximum KROP drawdown since its inception was -60.23%, smaller than the maximum MOO drawdown of -69.53%. Use the drawdown chart below to compare losses from any high point for KROP and MOO. For additional features, visit the drawdowns tool.
Volatility
KROP vs. MOO - Volatility Comparison
Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 7.71% compared to VanEck Vectors Agribusiness ETF (MOO) at 4.76%. This indicates that KROP's price experiences larger fluctuations and is considered to be riskier than MOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.