NXTG.L vs. KROP.L
NXTG.L (First Trust Indxx NextG UCITS ETF USD (Acc)) and KROP.L (Global X AgTech & Food Innovation UCITS ETF USD (Acc)) are both Technology Equities funds - NXTG.L tracks the Indxx 5G & NextG Thematic Index while KROP.L tracks the Solactive AgTech & Food Innovation v2 Index. Both are passively managed. Over the past 3 years, NXTG.L returned 14.91%/yr vs -2.57%/yr for KROP.L. At a 0.35 correlation, their price movements are largely independent. NXTG.L charges 0.70%/yr vs 0.50%/yr for KROP.L.
Performance
NXTG.L vs. KROP.L - Performance Comparison
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Different Trading Currencies
NXTG.L is traded in GBp, while KROP.L is traded in USD. To make them comparable, the KROP.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, NXTG.L achieves a 33.02% return, which is significantly higher than KROP.L's 14.55% return.
NXTG.L
- 1D
- -1.06%
- 1M
- -8.46%
- 6M
- 28.75%
- YTD
- 33.02%
- 1Y
- 48.28%
- 3Y*
- 14.91%
- 5Y*
- 8.92%
- 10Y*
- 6.30%
KROP.L
- 1D
- 0.07%
- 1M
- -0.33%
- 6M
- 5.31%
- YTD
- 14.55%
- 1Y
- 10.17%
- 3Y*
- -2.57%
- 5Y*
- —
- 10Y*
- —
NXTG.L vs. KROP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NXTG.L First Trust Indxx NextG UCITS ETF USD (Acc) | 33.02% | 19.23% | 14.96% | 0.29% | -18.48% |
KROP.L Global X AgTech & Food Innovation UCITS ETF USD (Acc) | 14.55% | -0.05% | -6.73% | -26.39% | -15.16% |
Correlation
The correlation between NXTG.L and KROP.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022 | 0.35 |
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Return for Risk
NXTG.L vs. KROP.L — Risk / Return Rank
NXTG.L
KROP.L
NXTG.L vs. KROP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) and Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NXTG.L | KROP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.12 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 1.21 | +0.69 |
| Martin ratioReturn relative to average drawdown | 3.93 | 2.24 | +1.69 |
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Drawdowns
NXTG.L vs. KROP.L - Drawdown Comparison
The maximum NXTG.L drawdown since its inception was -45.94%, smaller than the maximum KROP.L drawdown of -50.76%. Use the drawdown chart below to compare losses from any high point for NXTG.L and KROP.L.
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Drawdown Indicators
| NXTG.L | KROP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.94% | -50.76% | +4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -25.38% | -8.40% | -16.98% |
Max Drawdown (3Y)Largest decline over 3 years | -31.89% | -26.67% | -5.22% |
Max Drawdown (5Y)Largest decline over 5 years | -32.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.94% | — | — |
Current DrawdownCurrent decline from peak | -13.62% | -39.25% | +25.63% |
Average DrawdownAverage peak-to-trough decline | -19.85% | -34.56% | +14.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.24% | 4.53% | +7.71% |
Volatility
NXTG.L vs. KROP.L - Volatility Comparison
First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) has a higher volatility of 6.64% compared to Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L) at 4.68%. This indicates that NXTG.L's price experiences larger fluctuations and is considered to be riskier than KROP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXTG.L | KROP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | 4.68% | +1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 15.87% | 13.26% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.86% | 16.71% | +30.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.04% | 20.21% | +22.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.81% | 20.21% | +12.60% |
NXTG.L vs. KROP.L - Expense Ratio Comparison
NXTG.L has a 0.70% expense ratio, which is higher than KROP.L's 0.50% expense ratio.
Dividends
NXTG.L vs. KROP.L - Dividend Comparison
Neither NXTG.L nor KROP.L has paid dividends to shareholders.
Frequently Asked Questions
NXTG.L and KROP.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KROP.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KROP.L is cheaper with a 0.50% expense ratio, compared with 0.70% for NXTG.L.
NXTG.L tracks Indxx 5G & NextG Thematic Index, while KROP.L tracks Solactive AgTech & Food Innovation v2 Index. They also come from different issuers: First Trust and Global X. Their fees differ too: 0.70% for NXTG.L and 0.50% for KROP.L.
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