TEC vs. KROP

Last updated Jun 24, 2026

TEC (Harbor Transformative Technologies ETF) and KROP (Global X AgTech & Food Innovation ETF) are both Technology Equities funds. TEC is actively managed, while KROP is passively managed. Over the past year, TEC returned 33.60% vs 7.63% for KROP. At a 0.20 correlation, their price movements are largely independent. TEC charges 0.69%/yr vs 0.50%/yr for KROP.

Performance

TEC vs. KROP - Performance Comparison

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

Returns By Period

In the year-to-date period, TEC achieves a 13.69% return, which is significantly higher than KROP's 11.60% return.

TEC

• 1D: -2.94%
• 1M: -0.28%
• YTD: 13.69%
• 6M: 12.37%
• 1Y: 33.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KROP

• 1D: -1.01%
• 1M: -1.85%
• YTD: 11.60%
• 6M: 11.45%
• 1Y: 7.63%
• 3Y*: -1.05%
• 5Y*: —
• 10Y*: —

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

TEC vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025
TEC Harbor Transformative Technologies ETF	13.69%	44.21%
KROP Global X AgTech & Food Innovation ETF	11.60%	5.45%

Correlation

The correlation between TEC and KROP 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 (All Time) Calculated using the full available price history since Apr 17, 2025	0.20

TEC vs. KROP - Sectors Allocation Comparison

Sectors	TEC	KROP
Technology	72.3%	-
Communication Services	12.5%	-
Consumer Cyclical	8.9%	0.3%
Healthcare	3.3%	0.3%
Utilities	1.2%	-
Financial Services	0.9%	-
Industrials	0.8%	40.4%
Basic Materials	-	32.0%
Consumer Defensive	-	27.1%
Energy	-	-
Real Estate	-	-

Return for Risk

TEC vs. KROP — Risk / Return Rank

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

TEC

TEC Risk / Return Rank: 44
TEC Sharpe Ratio Rank: 49
TEC Sortino Ratio Rank: 45
TEC Omega Ratio Rank: 45
TEC Calmar Ratio Rank: 42
TEC Martin Ratio Rank: 40

KROP

KROP Risk / Return Rank: 16
KROP Sharpe Ratio Rank: 16
KROP Sortino Ratio Rank: 15
KROP Omega Ratio Rank: 15
KROP Calmar Ratio Rank: 17
KROP Martin Ratio Rank: 16

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.

TEC vs. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor Transformative Technologies ETF (TEC) and Global X AgTech & Food Innovation ETF (KROP). 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.

	TEC	KROP	Difference
Sharpe ratio: Return per unit of total volatility	1.56	0.47	+1.08
Sortino ratio: Return per unit of downside risk	2.09	0.79	+1.31
Omega ratio: Gain probability vs. loss probability	1.27	1.10	+0.17
Calmar ratio: Return relative to maximum drawdown	1.93	0.68	+1.25
Martin ratio: Return relative to average drawdown	5.84	1.46	+4.38

TEC vs. KROP - Sharpe Ratio Comparison

The current TEC Sharpe Ratio is 1.56, which is higher than the KROP Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of TEC and KROP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TEC vs. KROP - Drawdown Comparison

The maximum TEC drawdown since its inception was -17.50%, smaller than the maximum KROP drawdown of -62.08%. Use the drawdown chart below to compare losses from any high point for TEC and KROP.

Drawdown Indicators

	TEC	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-17.50%	-62.08%	+44.58%
Max Drawdown (1Y) Largest decline over 1 year	-17.50%	-11.29%	-6.21%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.70%	—
Current Drawdown Current decline from peak	-6.74%	-51.27%	+44.53%
Average Drawdown Average peak-to-trough decline	-3.54%	-44.71%	+41.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.77%	5.23%	+0.54%

Volatility

TEC vs. KROP - Volatility Comparison

Harbor Transformative Technologies ETF (TEC) has a higher volatility of 9.60% compared to Global X AgTech & Food Innovation ETF (KROP) at 4.54%. This indicates that TEC's price experiences larger fluctuations and is considered to be riskier than KROP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEC	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.60%	4.54%	+5.06%
Volatility (6M) Calculated over the trailing 6-month period	17.19%	12.48%	+4.71%
Volatility (1Y) Calculated over the trailing 1-year period	21.68%	16.19%	+5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.97%	22.23%	-0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.97%	22.23%	-0.26%

TEC vs. KROP - Expense Ratio Comparison

TEC has a 0.69% expense ratio, which is higher than KROP's 0.50% expense ratio.

Dividends

TEC vs. KROP - Dividend Comparison

TEC has not paid dividends to shareholders, while KROP's dividend yield for the trailing twelve months is around 2.45%.

Position	TTM	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	2.45%	2.73%	1.89%	1.36%	0.71%	0.69%
TEC Harbor Transformative Technologies ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEC and KROP in my portfolio?

TEC and KROP 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.

Which is riskier, TEC or KROP?

TEC has higher volatility (9.60%) compared to KROP (4.54%). In terms of maximum drawdown, TEC dropped -17.50% vs KROP's -62.08%.

Which ETF is better, TEC or KROP?

On 1-year performance, TEC leads with 33.60% vs 7.63% for KROP. On fees, KROP is cheaper at 0.50% per year. On volatility, KROP has been the lower-risk option at 4.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEC or KROP?

Over the 1-year period, TEC has performed better with a 33.60% return vs 7.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEC or KROP?

KROP is cheaper with a 0.50% expense ratio, compared with 0.69% for TEC.

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

KROP has the higher dividend yield at 2.45%, compared with 0.00% for TEC.

What is the main difference between TEC and KROP?

They also come from different issuers: Harbor and Global X. Their fees differ too: 0.69% for TEC and 0.50% for KROP.

Which has better risk-adjusted returns?

TEC currently has the higher Sharpe Ratio (1.56 vs 0.47), 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.