KROP vs. TSN
Compare and contrast key facts about Global X AgTech & Food Innovation ETF (KROP) and Tyson Foods, Inc. (TSN).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KROP or TSN.
Key characteristics
| KROP | TSN | |
|---|---|---|
| YTD Return | -0.37% | 15.13% |
| 1Y Return | -21.45% | 4.38% |
| Sharpe Ratio | -1.13 | 0.16 |
| Daily Std Dev | 20.10% | 28.00% |
| Max Drawdown | -59.75% | -81.50% |
| Current Drawdown | -55.71% | -33.70% |
Correlation
The correlation between KROP and TSN is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KROP vs. TSN - Performance Comparison
In the year-to-date period, KROP achieves a -0.37% return, which is significantly lower than TSN's 15.13% 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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Risk-Adjusted Performance
KROP vs. TSN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and Tyson Foods, Inc. (TSN). 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. TSN - Dividend Comparison
KROP's dividend yield for the trailing twelve months is around 1.37%, less than TSN's 3.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KROP Global X AgTech & Food Innovation ETF | 1.37% | 1.36% | 0.71% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TSN Tyson Foods, Inc. | 3.16% | 3.59% | 2.99% | 2.06% | 2.65% | 2.11% | 2.39% | 1.48% | 1.09% | 0.84% | 0.81% | 0.67% |
Drawdowns
KROP vs. TSN - Drawdown Comparison
The maximum KROP drawdown since its inception was -59.75%, smaller than the maximum TSN drawdown of -81.50%. Use the drawdown chart below to compare losses from any high point for KROP and TSN. For additional features, visit the drawdowns tool.
Volatility
KROP vs. TSN - Volatility Comparison
The current volatility for Global X AgTech & Food Innovation ETF (KROP) is 4.29%, while Tyson Foods, Inc. (TSN) has a volatility of 5.95%. This indicates that KROP experiences smaller price fluctuations and is considered to be less risky than TSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.