TSN vs. KROP
Compare and contrast key facts about Tyson Foods, Inc. (TSN) and Global X AgTech & Food Innovation ETF (KROP).
KROP is a passively managed fund by Global X that tracks the performance of the Solactive AgTech & Food Innovation Index. It was launched on Jul 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSN or KROP.
Key characteristics
| TSN | KROP | |
|---|---|---|
| YTD Return | 13.20% | -0.71% |
| 1Y Return | 2.73% | -22.11% |
| Sharpe Ratio | 0.02 | -1.14 |
| Daily Std Dev | 27.90% | 20.11% |
| Max Drawdown | -81.50% | -59.75% |
| Current Drawdown | -34.81% | -55.86% |
Correlation
The correlation between TSN and KROP is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TSN vs. KROP - Performance Comparison
In the year-to-date period, TSN achieves a 13.20% return, which is significantly higher than KROP's -0.71% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TSN vs. KROP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tyson Foods, Inc. (TSN) 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.
Dividends
TSN vs. KROP - Dividend Comparison
TSN's dividend yield for the trailing twelve months is around 3.22%, more than KROP's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSN Tyson Foods, Inc. | 3.22% | 3.59% | 2.99% | 2.06% | 2.65% | 2.11% | 2.39% | 1.48% | 1.09% | 0.84% | 0.81% | 0.67% |
KROP Global X AgTech & Food Innovation ETF | 1.37% | 1.36% | 0.71% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TSN vs. KROP - Drawdown Comparison
The maximum TSN drawdown since its inception was -81.50%, which is greater than KROP's maximum drawdown of -59.75%. Use the drawdown chart below to compare losses from any high point for TSN and KROP. For additional features, visit the drawdowns tool.
Volatility
TSN vs. KROP - Volatility Comparison
Tyson Foods, Inc. (TSN) has a higher volatility of 5.75% compared to Global X AgTech & Food Innovation ETF (KROP) at 4.36%. This indicates that TSN'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.