KROP vs. WFH

Last updated Jun 5, 2026

KROP (Global X AgTech & Food Innovation ETF) and WFH (Direxion Work From Home ETF) are both Technology Equities funds - KROP tracks the Solactive AgTech & Food Innovation Index while WFH tracks the Solactive Remote Work Index. Both are passively managed. A 0.51 correlation means they provide meaningful diversification when combined. KROP charges 0.50%/yr vs 0.45%/yr for WFH.

Performance

KROP vs. WFH - Performance Comparison

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

Returns By Period

KROP

• 1D: 0.22%
• 1M: -0.70%
• YTD: 16.59%
• 6M: 14.86%
• 1Y: 12.86%
• 3Y*: 0.72%
• 5Y*: —
• 10Y*: —

WFH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KROP vs. WFH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	16.59%	7.95%	-8.74%	-23.86%	-27.23%	-18.75%
WFH Direxion Work From Home ETF	0.00%	15.47%	18.55%	35.75%	-45.26%	0.20%

Correlation

The correlation between KROP and WFH is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.51

Over the past year, the correlation between KROP and WFH has dropped to 0.19 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

KROP vs. WFH - Sectors Allocation Comparison

Sectors	KROP	WFH
Industrials	39.7%	2.2%
Basic Materials	32.1%	-
Consumer Defensive	26.3%	-
Healthcare	0.3%	-
Consumer Cyclical	0.3%	2.3%
Communication Services	-	9.4%
Energy	-	-
Financial Services	-	-
Real Estate	-	-
Technology	-	86.2%
Utilities	-	-

Return for Risk

KROP vs. WFH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KROP

KROP Risk / Return Rank: 23
KROP Sharpe Ratio Rank: 24
KROP Sortino Ratio Rank: 24
KROP Omega Ratio Rank: 23
KROP Calmar Ratio Rank: 24
KROP Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KROP vs. WFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and Direxion Work From Home ETF (WFH). 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.

	KROP	WFH	Difference
Sharpe ratio: Return per unit of total volatility	0.81	—	—
Sortino ratio: Return per unit of downside risk	1.24	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.14	—	—
Martin ratio: Return relative to average drawdown	2.58	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	KROP	WFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	—	—

Drawdowns

Drawdown Indicators

	KROP	WFH	Difference
Max Drawdown Largest peak-to-trough decline	-61.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.70%	—	—
Current Drawdown Current decline from peak	-48.93%	—	—
Average Drawdown Average peak-to-trough decline	-44.50%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	—	—

Volatility

Volatility by Period

	KROP	WFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.27%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.27%	—	—

KROP vs. WFH - Expense Ratio Comparison

KROP has a 0.50% expense ratio, which is higher than WFH's 0.45% expense ratio.

Dividends

KROP vs. WFH - Dividend Comparison

KROP's dividend yield for the trailing twelve months is around 2.34%, more than WFH's 0.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
KROP Global X AgTech & Food Innovation ETF	2.34%	2.73%	1.89%	1.36%	0.71%	0.69%	0.00%
WFH Direxion Work From Home ETF	0.91%	0.94%	0.50%	0.67%	0.42%	0.79%	0.86%

Frequently Asked Questions

Can I hold both KROP and WFH in my portfolio?

KROP and WFH have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KROP or WFH?

On fees, WFH is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KROP or WFH?

WFH is cheaper with a 0.45% expense ratio, compared with 0.50% for KROP.

Which ETF pays a higher dividend yield, KROP or WFH?

KROP has the higher dividend yield at 2.34%, compared with 0.91% for WFH.

What is the main difference between KROP and WFH?

KROP tracks Solactive AgTech & Food Innovation Index, while WFH tracks Solactive Remote Work Index. They also come from different issuers: Global X and Direxion. Their fees differ too: 0.50% for KROP and 0.45% for WFH.