KROP vs. SOXX
Compare and contrast key facts about Global X AgTech & Food Innovation ETF (KROP) and iShares PHLX Semiconductor ETF (SOXX).
KROP and SOXX 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. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001. Both KROP and SOXX 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 SOXX.
Key characteristics
| KROP | SOXX | |
|---|---|---|
| YTD Return | 0.19% | 5.12% |
| 1Y Return | -22.25% | 48.33% |
| Sharpe Ratio | -1.12 | 1.66 |
| Daily Std Dev | 20.13% | 28.45% |
| Max Drawdown | -59.75% | -69.65% |
| Current Drawdown | -55.46% | -15.09% |
Correlation
The correlation between KROP and SOXX is 0.52, 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. SOXX - Performance Comparison
In the year-to-date period, KROP achieves a 0.19% return, which is significantly lower than SOXX's 5.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KROP vs. SOXX - Expense Ratio Comparison
KROP has a 0.50% expense ratio, which is higher than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
KROP vs. SOXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and iShares PHLX Semiconductor ETF (SOXX). 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. SOXX - Dividend Comparison
KROP's dividend yield for the trailing twelve months is around 1.36%, less than SOXX's 1.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KROP Global X AgTech & Food Innovation ETF | 1.36% | 1.36% | 0.71% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOXX iShares PHLX Semiconductor ETF | 1.82% | 2.35% | 3.76% | 1.91% | 2.43% | 3.70% | 4.11% | 2.70% | 3.23% | 3.86% | 4.69% | 3.55% |
Drawdowns
KROP vs. SOXX - Drawdown Comparison
The maximum KROP drawdown since its inception was -59.75%, smaller than the maximum SOXX drawdown of -69.65%. Use the drawdown chart below to compare losses from any high point for KROP and SOXX. For additional features, visit the drawdowns tool.
Volatility
KROP vs. SOXX - Volatility Comparison
The current volatility for Global X AgTech & Food Innovation ETF (KROP) is 4.33%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 8.23%. This indicates that KROP experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.