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KROP vs. TSN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between KROP and TSN is 0.35, 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.


-0.50.00.51.00.4

Performance

KROP vs. TSN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AgTech & Food Innovation ETF (KROP) and Tyson Foods, Inc. (TSN). The values are adjusted to include any dividend payments, if applicable.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-58.82%
-9.51%
KROP
TSN

Key characteristics

Sharpe Ratio

KROP:

-0.31

TSN:

0.81

Sortino Ratio

KROP:

-0.34

TSN:

1.24

Omega Ratio

KROP:

0.96

TSN:

1.16

Calmar Ratio

KROP:

-0.09

TSN:

0.39

Martin Ratio

KROP:

-0.69

TSN:

2.88

Ulcer Index

KROP:

7.46%

TSN:

5.98%

Daily Std Dev

KROP:

16.48%

TSN:

21.27%

Max Drawdown

KROP:

-60.23%

TSN:

-81.50%

Current Drawdown

KROP:

-59.33%

TSN:

-35.74%

Returns By Period

In the year-to-date period, KROP achieves a -8.52% return, which is significantly lower than TSN's 11.58% return.


KROP

YTD

-8.52%

1M

-2.45%

6M

-2.53%

1Y

-6.92%

5Y*

N/A

10Y*

N/A

TSN

YTD

11.58%

1M

-8.31%

6M

4.65%

1Y

15.47%

5Y*

-6.06%

10Y*

6.07%

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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.


Sharpe ratio
The chart of Sharpe ratio for KROP, currently valued at -0.31, compared to the broader market0.002.004.00-0.310.81
The chart of Sortino ratio for KROP, currently valued at -0.34, compared to the broader market-2.000.002.004.006.008.0010.00-0.341.24
The chart of Omega ratio for KROP, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.000.961.16
The chart of Calmar ratio for KROP, currently valued at -0.09, compared to the broader market0.005.0010.0015.00-0.090.39
The chart of Martin ratio for KROP, currently valued at -0.69, compared to the broader market0.0020.0040.0060.0080.00100.00-0.692.88
KROP
TSN

The current KROP Sharpe Ratio is -0.31, which is lower than the TSN Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of KROP and TSN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.31
0.81
KROP
TSN

Dividends

KROP vs. TSN - Dividend Comparison

KROP's dividend yield for the trailing twelve months is around 1.71%, less than TSN's 3.40% yield.


TTM20232022202120202019201820172016201520142013
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%
TSN
Tyson Foods, Inc.
3.40%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 -60.23%, 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.


-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-59.33%
-35.74%
KROP
TSN

Volatility

KROP vs. TSN - Volatility Comparison

Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 5.44% compared to Tyson Foods, Inc. (TSN) at 3.39%. This indicates that KROP's price experiences larger fluctuations and is considered to be riskier than TSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.44%
3.39%
KROP
TSN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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