KROP vs. XT

Last updated Jun 4, 2026

KROP (Global X AgTech & Food Innovation ETF) and XT (iShares Future Exponential Technologies ETF) are both Technology Equities funds - KROP tracks the Solactive AgTech & Food Innovation Index while XT tracks the Morningstar Exponential Technologies Index (Net). Both are passively managed. Over the past 3 years, KROP returned 0.81%/yr vs 18.83%/yr for XT. A 0.59 correlation means they provide meaningful diversification when combined. KROP charges 0.50%/yr vs 0.46%/yr for XT.

Performance

KROP vs. XT - Performance Comparison

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

Returns By Period

In the year-to-date period, KROP achieves a 16.34% return, which is significantly lower than XT's 20.20% return.

KROP

• 1D: 0.21%
• 1M: -0.06%
• YTD: 16.34%
• 6M: 14.63%
• 1Y: 13.67%
• 3Y*: 0.81%
• 5Y*: —
• 10Y*: —

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

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

KROP vs. XT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	16.34%	7.95%	-8.74%	-23.86%	-27.23%	-18.75%
XT iShares Future Exponential Technologies ETF	20.20%	26.28%	0.29%	27.02%	-27.83%	4.28%

Correlation

The correlation between KROP and XT is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.59

Over the past year, the correlation between KROP and XT has dropped to 0.35 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.

KROP vs. XT - Sectors Allocation Comparison

Sectors	KROP	XT
Industrials	39.7%	10.1%
Basic Materials	32.1%	2.0%
Consumer Defensive	26.3%	0.0%
Healthcare	0.3%	23.4%
Consumer Cyclical	0.3%	7.9%
Communication Services	-	5.2%
Energy	-	0.3%
Financial Services	-	3.3%
Real Estate	-	0.0%
Technology	-	43.5%
Utilities	-	4.6%

Return for Risk

KROP vs. XT — Risk / Return Rank

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

KROP

KROP Risk / Return Rank: 24
KROP Sharpe Ratio Rank: 24
KROP Sortino Ratio Rank: 24
KROP Omega Ratio Rank: 23
KROP Calmar Ratio Rank: 26
KROP Martin Ratio Rank: 22

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

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. XT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) and iShares Future Exponential Technologies ETF (XT). 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	XT	Difference
Sharpe ratio: Return per unit of total volatility	0.86	2.89	-2.03
Sortino ratio: Return per unit of downside risk	1.31	3.83	-2.52
Omega ratio: Gain probability vs. loss probability	1.16	1.48	-0.32
Calmar ratio: Return relative to maximum drawdown	1.22	4.41	-3.19
Martin ratio: Return relative to average drawdown	2.75	18.51	-15.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KROP vs. XT - Sharpe Ratio Comparison

The current KROP Sharpe Ratio is 0.86, which is lower than the XT Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of KROP and XT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KROP	XT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	2.89	-2.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	0.66	-1.23

Drawdowns

KROP vs. XT - Drawdown Comparison

The maximum KROP drawdown since its inception was -61.96%, which is greater than XT's maximum drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for KROP and XT.

Drawdown Indicators

	KROP	XT	Difference
Max Drawdown Largest peak-to-trough decline	-61.96%	-34.41%	-27.55%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-10.45%	-0.84%
Max Drawdown (3Y) Largest decline over 3 years	-28.70%	-22.09%	-6.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.41%	—
Current Drawdown Current decline from peak	-49.05%	-0.47%	-48.58%
Average Drawdown Average peak-to-trough decline	-44.50%	-7.41%	-37.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	2.49%	+2.50%

Volatility

KROP vs. XT - Volatility Comparison

Global X AgTech & Food Innovation ETF (KROP) and iShares Future Exponential Technologies ETF (XT) have volatilities of 4.77% and 4.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KROP	XT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	4.85%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	12.01%	11.94%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	15.99%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.28%	20.76%	+1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.28%	20.08%	+2.20%

KROP vs. XT - Expense Ratio Comparison

KROP has a 0.50% expense ratio, which is higher than XT's 0.46% expense ratio.

Dividends

KROP vs. XT - Dividend Comparison

KROP's dividend yield for the trailing twelve months is around 2.35%, less than XT's 6.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KROP Global X AgTech & Food Innovation ETF	2.35%	2.73%	1.89%	1.36%	0.71%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both KROP and XT in my portfolio?

KROP and XT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KROP or XT?

XT has higher volatility (4.85%) compared to KROP (4.77%). In terms of maximum drawdown, KROP dropped -61.96% vs XT's -34.41%.

Which ETF is better, KROP or XT?

On 3-year performance, XT leads with 18.83% vs 0.81% for KROP. On fees, XT is cheaper at 0.46% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KROP or XT?

Over the 3-year period, XT has performed better with a 18.83% return vs 0.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KROP or XT?

XT is cheaper with a 0.46% expense ratio, compared with 0.50% for KROP.

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

XT has the higher dividend yield at 6.61%, compared with 2.35% for KROP.

What is the main difference between KROP and XT?

KROP tracks Solactive AgTech & Food Innovation Index, while XT tracks Morningstar Exponential Technologies Index (Net). They also come from different issuers: Global X and iShares. Their fees differ too: 0.50% for KROP and 0.46% for XT.

Which has better risk-adjusted returns?

XT currently has the higher Sharpe Ratio (2.89 vs 0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.