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TTEQ vs. KROP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

TTEQ vs. KROP - Performance Comparison

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

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Returns By Period

In the year-to-date period, TTEQ achieves a 36.31% return, which is significantly higher than KROP's 16.59% return.


TTEQ

1D
-1.53%
1M
14.44%
YTD
36.31%
6M
34.13%
1Y
62.13%
3Y*
5Y*
10Y*

KROP

1D
0.22%
1M
-0.70%
YTD
16.59%
6M
14.86%
1Y
12.86%
3Y*
0.72%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

TTEQ vs. KROP - Yearly Performance Comparison


2026 (YTD)20252024
TTEQ
T. Rowe Price Technology ETF
36.31%24.25%3.92%
KROP
Global X AgTech & Food Innovation ETF
16.59%7.95%-5.58%

Correlation

The correlation between TTEQ 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 Oct 25, 2024

0.23

TTEQ vs. KROP - Sectors Allocation Comparison


Sectors
TTEQ
KROP

Technology

72.4%

-

Communication Services

8.4%

-

Consumer Cyclical

5.7%
0.3%

Financial Services

3.4%

-

Industrials

0.7%
39.7%

Basic Materials

0.5%
32.1%

Consumer Defensive

-

26.3%

Energy

-

-

Healthcare

-

0.3%

Real Estate

-

-

Utilities

-

-

Technology

TTEQ
72.4%
KROP

-

Communication Services

TTEQ
8.4%
KROP

-

Consumer Cyclical

TTEQ
5.7%
KROP
0.3%

Financial Services

TTEQ
3.4%
KROP

-

Industrials

TTEQ
0.7%
KROP
39.7%

Basic Materials

TTEQ
0.5%
KROP
32.1%

Consumer Defensive

TTEQ

-

KROP
26.3%

Energy

TTEQ

-

KROP

-

Healthcare

TTEQ

-

KROP
0.3%

Real Estate

TTEQ

-

KROP

-

Utilities

TTEQ

-

KROP

-

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Return for Risk

TTEQ vs. KROP — Risk / Return Rank

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

TTEQ
TTEQ Risk / Return Rank: 7575
Overall Rank
TTEQ Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
TTEQ Sortino Ratio Rank: 7676
Sortino Ratio Rank
TTEQ Omega Ratio Rank: 7676
Omega Ratio Rank
TTEQ Calmar Ratio Rank: 7373
Calmar Ratio Rank
TTEQ Martin Ratio Rank: 6565
Martin Ratio Rank

KROP
KROP Risk / Return Rank: 2323
Overall Rank
KROP Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
KROP Sortino Ratio Rank: 2424
Sortino Ratio Rank
KROP Omega Ratio Rank: 2323
Omega Ratio Rank
KROP Calmar Ratio Rank: 2424
Calmar Ratio Rank
KROP Martin Ratio Rank: 2222
Martin Ratio Rank
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.

TTEQ vs. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Technology ETF (TTEQ) 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.


TTEQKROPDifference
Sharpe ratioReturn per unit of total volatility

+1.87

Sortino ratioReturn per unit of downside risk

+2.10

Omega ratioGain probability vs. loss probability

1.45

1.15

+0.29

Calmar ratioReturn relative to maximum drawdown

3.61

1.14

+2.46

Martin ratioReturn relative to average drawdown

11.62

2.58

+9.04

TTEQ vs. KROP - Sharpe Ratio Comparison

The current TTEQ Sharpe Ratio is 2.68, which is higher than the KROP Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of TTEQ 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.


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Sharpe Ratios by Period


TTEQKROPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.68

0.81

+1.87

Sharpe Ratio (All Time)

Calculated using the full available price history

1.56

-0.57

+2.13

Drawdowns

TTEQ vs. KROP - Drawdown Comparison

The maximum TTEQ drawdown since its inception was -26.97%, smaller than the maximum KROP drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for TTEQ and KROP.


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Drawdown Indicators


TTEQKROPDifference

Max Drawdown

Largest peak-to-trough decline

-26.97%

-61.96%

+34.99%

Max Drawdown (1Y)

Largest decline over 1 year

-17.31%

-11.29%

-6.02%

Max Drawdown (3Y)

Largest decline over 3 years

-28.70%

Current Drawdown

Current decline from peak

-2.34%

-48.93%

+46.59%

Average Drawdown

Average peak-to-trough decline

-4.76%

-44.50%

+39.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.36%

4.99%

+0.37%

Volatility

TTEQ vs. KROP - Volatility Comparison

T. Rowe Price Technology ETF (TTEQ) has a higher volatility of 8.20% compared to Global X AgTech & Food Innovation ETF (KROP) at 4.69%. This indicates that TTEQ'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.


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Volatility by Period


TTEQKROPDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.20%

4.69%

+3.51%

Volatility (6M)

Calculated over the trailing 6-month period

18.94%

11.98%

+6.96%

Volatility (1Y)

Calculated over the trailing 1-year period

23.36%

16.04%

+7.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.30%

22.27%

+5.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.30%

22.27%

+5.03%

TTEQ vs. KROP - Expense Ratio Comparison

TTEQ has a 0.63% expense ratio, which is higher than KROP's 0.50% expense ratio.


Dividends

TTEQ vs. KROP - Dividend Comparison

TTEQ has not paid dividends to shareholders, while KROP's dividend yield for the trailing twelve months is around 2.34%.


PositionTTM20252024202320222021
KROP
Global X AgTech & Food Innovation ETF
2.34%2.73%1.89%1.36%0.71%0.69%
TTEQ
T. Rowe Price Technology ETF
0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


TTEQ 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.

TTEQ has higher volatility (8.20%) compared to KROP (4.69%). In terms of maximum drawdown, TTEQ dropped -26.97% vs KROP's -61.96%.

On 1-year performance, TTEQ leads with 62.13% vs 12.86% for KROP. On fees, KROP is cheaper at 0.50% per year. On volatility, KROP has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, TTEQ has performed better with a 62.13% return vs 12.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

KROP is cheaper with a 0.50% expense ratio, compared with 0.63% for TTEQ.

KROP has the higher dividend yield at 2.34%, compared with 0.00% for TTEQ.

They also come from different issuers: T. Rowe Price and Global X. Their fees differ too: 0.63% for TTEQ and 0.50% for KROP.

TTEQ currently has the higher Sharpe Ratio (2.68 vs 0.81), 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.

Portfolio Optimizer

Find the right allocation for TTEQ and KROP

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