SHLD.L vs. KROP.L
SHLD.L (iShares Digital Security UCITS ETF USD Dist) and KROP.L (Global X AgTech & Food Innovation UCITS ETF USD Acc) are both Technology Equities funds - SHLD.L tracks the iShares Digital Security UCITS ETF USD Dist while KROP.L tracks the Global X AgTech & Food Innovation UCITS ETF USD Acc. Both are passively managed. Over the past 3 years, SHLD.L returned 19.63%/yr vs -1.04%/yr for KROP.L. A 0.51 correlation means they provide meaningful diversification when combined. SHLD.L charges 0.40%/yr vs 0.50%/yr for KROP.L.
Performance
SHLD.L vs. KROP.L - Performance Comparison
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Returns By Period
In the year-to-date period, SHLD.L achieves a 17.77% return, which is significantly higher than KROP.L's 14.16% return.
SHLD.L
- 1D
- 0.11%
- 1M
- 3.71%
- 6M
- 17.56%
- YTD
- 17.77%
- 1Y
- 25.07%
- 3Y*
- 19.63%
- 5Y*
- 9.32%
- 10Y*
- —
KROP.L
- 1D
- 0.00%
- 1M
- 1.11%
- 6M
- 6.61%
- YTD
- 14.16%
- 1Y
- 9.77%
- 3Y*
- -1.04%
- 5Y*
- —
- 10Y*
- —
SHLD.L vs. KROP.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SHLD.L iShares Digital Security UCITS ETF USD Dist | 17.77% | 11.51% | 16.55% | 33.91% | -18.59% |
KROP.L Global X AgTech & Food Innovation UCITS ETF USD Acc | 14.16% | 7.62% | -8.33% | -22.51% | -24.21% |
Correlation
The correlation between SHLD.L and KROP.L is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022 | 0.51 |
Over the past year, the correlation between SHLD.L and KROP.L has dropped to 0.23 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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Return for Risk
SHLD.L vs. KROP.L — Risk / Return Rank
SHLD.L
KROP.L
SHLD.L vs. KROP.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Digital Security UCITS ETF USD Dist (SHLD.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.
| SHLD.L | KROP.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 0.91 | +1.32 |
| Martin ratioReturn relative to average drawdown | 4.84 | 1.87 | +2.97 |
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Drawdowns
SHLD.L vs. KROP.L - Drawdown Comparison
The maximum SHLD.L drawdown since its inception was -36.07%, smaller than the maximum KROP.L drawdown of -52.04%. Use the drawdown chart below to compare losses from any high point for SHLD.L and KROP.L.
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Drawdown Indicators
| SHLD.L | KROP.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.07% | -52.04% | +15.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -10.68% | -0.72% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -27.32% | +4.60% |
Max Drawdown (5Y)Largest decline over 5 years | -36.07% | — | — |
Current DrawdownCurrent decline from peak | -4.38% | -38.04% | +33.66% |
Average DrawdownAverage peak-to-trough decline | -9.27% | -36.93% | +27.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | 5.21% | +0.06% |
Volatility
SHLD.L vs. KROP.L - Volatility Comparison
iShares Digital Security UCITS ETF USD Dist (SHLD.L) has a higher volatility of 7.42% compared to Global X AgTech & Food Innovation UCITS ETF USD Acc (KROP.L) at 4.31%. This indicates that SHLD.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
| SHLD.L | KROP.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 4.31% | +3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 18.10% | 12.96% | +5.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 16.56% | +5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 21.25% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.23% | 21.25% | -0.02% |
SHLD.L vs. KROP.L - Expense Ratio Comparison
SHLD.L has a 0.40% expense ratio, which is lower than KROP.L's 0.50% expense ratio.
Dividends
SHLD.L vs. KROP.L - Dividend Comparison
SHLD.L's dividend yield for the trailing twelve months is around 0.35%, while KROP.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
KROP.L Global X AgTech & Food Innovation UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD.L iShares Digital Security UCITS ETF USD Dist | 0.35% | 0.39% | 0.48% | 0.43% | 0.63% | 0.66% | 0.84% | 1.00% |
Frequently Asked Questions
SHLD.L and KROP.L have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHLD.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHLD.L is cheaper with a 0.40% expense ratio, compared with 0.50% for KROP.L.
SHLD.L tracks iShares Digital Security UCITS ETF USD Dist, while KROP.L tracks Global X AgTech & Food Innovation UCITS ETF USD Acc. They also come from different issuers: iShares and Global X. Their fees differ too: 0.40% for SHLD.L and 0.50% for KROP.L.
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