KROP vs. SCHB
Compare and contrast key facts about Global X AgTech & Food Innovation ETF (KROP) and Schwab U.S. Broad Market ETF (SCHB).
KROP and SCHB 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. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009. Both KROP and SCHB 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 SCHB.
Correlation
The correlation between KROP and SCHB is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KROP vs. SCHB - Performance Comparison
Key characteristics
KROP:
-0.31
SCHB:
2.11
KROP:
-0.34
SCHB:
2.81
KROP:
0.96
SCHB:
1.39
KROP:
-0.09
SCHB:
3.17
KROP:
-0.69
SCHB:
13.53
KROP:
7.46%
SCHB:
2.00%
KROP:
16.48%
SCHB:
12.79%
KROP:
-60.23%
SCHB:
-35.27%
KROP:
-59.33%
SCHB:
-3.03%
Returns By Period
In the year-to-date period, KROP achieves a -8.52% return, which is significantly lower than SCHB's 25.02% return.
KROP
-8.52%
-2.45%
-2.53%
-6.92%
N/A
N/A
SCHB
25.02%
0.09%
10.08%
25.70%
14.13%
12.53%
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KROP vs. SCHB - Expense Ratio Comparison
KROP has a 0.50% expense ratio, which is higher than SCHB's 0.03% expense ratio.
Risk-Adjusted Performance
KROP vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and Schwab U.S. Broad Market ETF (SCHB). 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. SCHB - Dividend Comparison
KROP's dividend yield for the trailing twelve months is around 1.71%, more than SCHB's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KROP Global X AgTech & Food Innovation ETF | 1.71% | 1.36% | 0.71% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHB Schwab U.S. Broad Market ETF | 1.23% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% | 1.63% |
Drawdowns
KROP vs. SCHB - Drawdown Comparison
The maximum KROP drawdown since its inception was -60.23%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for KROP and SCHB. For additional features, visit the drawdowns tool.
Volatility
KROP vs. SCHB - Volatility Comparison
Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 5.44% compared to Schwab U.S. Broad Market ETF (SCHB) at 4.06%. This indicates that KROP's price experiences larger fluctuations and is considered to be riskier than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.