SPYK.DE vs. KROP.DE
SPYK.DE (SPDR MSCI Europe Technology UCITS ETF) and KROP.DE (Global X AgTech and Food Innovation UCITS ETF USD Accumulating) are both Technology Equities funds - SPYK.DE tracks the MSCI Europe Information Technology 20/35 Capped while KROP.DE tracks the Solactive AgTech and Food Innovation. Both are passively managed. Over the past 3 years, SPYK.DE returned 24.74%/yr vs -2.05%/yr for KROP.DE. At a 0.34 correlation, their price movements are largely independent. SPYK.DE charges 0.18%/yr vs 0.50%/yr for KROP.DE.
Performance
SPYK.DE vs. KROP.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPYK.DE achieves a 50.09% return, which is significantly higher than KROP.DE's 17.14% return.
SPYK.DE
- 1D
- 0.27%
- 1M
- 20.48%
- YTD
- 50.09%
- 6M
- 47.63%
- 1Y
- 59.88%
- 3Y*
- 24.74%
- 5Y*
- 15.13%
- 10Y*
- 16.39%
KROP.DE
- 1D
- 0.13%
- 1M
- 0.32%
- YTD
- 17.14%
- 6M
- 14.58%
- 1Y
- 9.63%
- 3Y*
- -2.05%
- 5Y*
- —
- 10Y*
- —
SPYK.DE vs. KROP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPYK.DE SPDR MSCI Europe Technology UCITS ETF | 50.09% | 10.46% | 8.46% | 35.03% | -14.62% |
KROP.DE Global X AgTech and Food Innovation UCITS ETF USD Accumulating | 17.14% | -4.87% | -2.79% | -25.11% | -19.26% |
Correlation
The correlation between SPYK.DE and KROP.DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.34 |
The correlation between SPYK.DE and KROP.DE shifts across timeframes, from 0.17 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPYK.DE vs. KROP.DE — Risk / Return Rank
SPYK.DE
KROP.DE
SPYK.DE vs. KROP.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) and Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROP.DE). 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.
| SPYK.DE | KROP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.12 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 1.04 | +3.55 |
| Martin ratioReturn relative to average drawdown | 12.19 | 2.21 | +9.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SPYK.DE | KROP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.30 | 0.62 | +1.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | -0.47 | +1.11 |
Drawdowns
SPYK.DE vs. KROP.DE - Drawdown Comparison
The maximum SPYK.DE drawdown since its inception was -38.45%, smaller than the maximum KROP.DE drawdown of -52.74%. Use the drawdown chart below to compare losses from any high point for SPYK.DE and KROP.DE.
Loading charts...
Drawdown Indicators
| SPYK.DE | KROP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.45% | -52.74% | +14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -9.22% | -3.77% |
Max Drawdown (3Y)Largest decline over 3 years | -27.02% | -27.28% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -38.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.45% | — | — |
Current DrawdownCurrent decline from peak | -0.09% | -41.08% | +40.99% |
Average DrawdownAverage peak-to-trough decline | -8.36% | -36.46% | +28.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.90% | 4.34% | +0.56% |
Volatility
SPYK.DE vs. KROP.DE - Volatility Comparison
SPDR MSCI Europe Technology UCITS ETF (SPYK.DE) has a higher volatility of 10.31% compared to Global X AgTech and Food Innovation UCITS ETF USD Accumulating (KROP.DE) at 5.58%. This indicates that SPYK.DE's price experiences larger fluctuations and is considered to be riskier than KROP.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPYK.DE | KROP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.31% | 5.58% | +4.73% |
Volatility (6M)Calculated over the trailing 6-month period | 20.95% | 12.02% | +8.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.88% | 15.43% | +10.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.86% | 19.64% | +6.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.18% | 19.64% | +4.54% |
SPYK.DE vs. KROP.DE - Expense Ratio Comparison
SPYK.DE has a 0.18% expense ratio, which is lower than KROP.DE's 0.50% expense ratio.
Dividends
SPYK.DE vs. KROP.DE - Dividend Comparison
Neither SPYK.DE nor KROP.DE has paid dividends to shareholders.
Frequently Asked Questions
SPYK.DE and KROP.DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYK.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYK.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for KROP.DE.
SPYK.DE tracks MSCI Europe Information Technology 20/35 Capped, while KROP.DE tracks Solactive AgTech and Food Innovation. They also come from different issuers: State Street and Global X. Their fees differ too: 0.18% for SPYK.DE and 0.50% for KROP.DE.
Find the right allocation for SPYK.DE and KROP.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer