WCBR vs. KROP

Last updated Jun 5, 2026

WCBR (WisdomTree Cybersecurity Fund) and KROP (Global X AgTech & Food Innovation ETF) are both Technology Equities funds - WCBR tracks the WisdomTree Team8 Cybersecurity Index while KROP tracks the Solactive AgTech & Food Innovation Index. Both are passively managed. Over the past 3 years, WCBR returned 21.52%/yr vs 0.72%/yr for KROP. At a 0.42 correlation, their price movements are largely independent. WCBR charges 0.45%/yr vs 0.50%/yr for KROP.

Performance

WCBR vs. KROP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Cybersecurity Fund (WCBR) 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, WCBR achieves a 25.14% return, which is significantly higher than KROP's 16.59% return.

WCBR

• 1D: -1.33%
• 1M: 25.44%
• YTD: 25.14%
• 6M: 18.78%
• 1Y: 11.73%
• 3Y*: 21.52%
• 5Y*: 9.52%
• 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)

WCBR vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WCBR WisdomTree Cybersecurity Fund	25.14%	-1.44%	11.42%	66.63%	-41.96%	6.64%
KROP Global X AgTech & Food Innovation ETF	16.59%	7.95%	-8.74%	-23.86%	-27.23%	-18.75%

Correlation

The correlation between WCBR and KROP is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.42

Over the past year, the correlation between WCBR and KROP has dropped to 0.06 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

WCBR vs. KROP - Sectors Allocation Comparison

Sectors	WCBR	KROP
Technology	100.0%	-
Basic Materials	-	32.1%
Communication Services	-	-
Consumer Cyclical	-	0.3%
Consumer Defensive	-	26.3%
Energy	-	-
Financial Services	-	-
Healthcare	-	0.3%
Industrials	-	39.7%
Real Estate	-	-
Utilities	-	-

Return for Risk

WCBR vs. KROP — Risk / Return Rank

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

WCBR

WCBR Risk / Return Rank: 15
WCBR Sharpe Ratio Rank: 15
WCBR Sortino Ratio Rank: 16
WCBR Omega Ratio Rank: 16
WCBR Calmar Ratio Rank: 14
WCBR Martin Ratio Rank: 14

KROP

KROP Risk / Return Rank: 23
KROP Sharpe Ratio Rank: 24
KROP Sortino Ratio Rank: 24
KROP Omega Ratio Rank: 23
KROP Calmar Ratio Rank: 24
KROP Martin Ratio Rank: 22

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.

WCBR vs. KROP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Cybersecurity Fund (WCBR) 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.

	WCBR	KROP	Difference
Sharpe ratio: Return per unit of total volatility	0.37	0.81	-0.44
Sortino ratio: Return per unit of downside risk	0.70	1.24	-0.54
Omega ratio: Gain probability vs. loss probability	1.09	1.15	-0.06
Calmar ratio: Return relative to maximum drawdown	0.39	1.14	-0.75
Martin ratio: Return relative to average drawdown	0.90	2.58	-1.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WCBR vs. KROP - Sharpe Ratio Comparison

The current WCBR Sharpe Ratio is 0.37, which is lower than the KROP Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of WCBR 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.

Sharpe Ratios by Period

	WCBR	KROP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	0.81	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	-0.57	+0.77

Drawdowns

WCBR vs. KROP - Drawdown Comparison

The maximum WCBR drawdown since its inception was -52.25%, smaller than the maximum KROP drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for WCBR and KROP.

Drawdown Indicators

	WCBR	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-52.25%	-61.96%	+9.71%
Max Drawdown (1Y) Largest decline over 1 year	-29.92%	-11.29%	-18.63%
Max Drawdown (3Y) Largest decline over 3 years	-30.27%	-28.70%	-1.57%
Max Drawdown (5Y) Largest decline over 5 years	-52.25%	—	—
Current Drawdown Current decline from peak	-5.82%	-48.93%	+43.11%
Average Drawdown Average peak-to-trough decline	-20.35%	-44.50%	+24.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.04%	4.99%	+8.05%

Volatility

WCBR vs. KROP - Volatility Comparison

WisdomTree Cybersecurity Fund (WCBR) has a higher volatility of 13.74% compared to Global X AgTech & Food Innovation ETF (KROP) at 4.69%. This indicates that WCBR'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

	WCBR	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.74%	4.69%	+9.05%
Volatility (6M) Calculated over the trailing 6-month period	27.29%	11.98%	+15.31%
Volatility (1Y) Calculated over the trailing 1-year period	32.18%	16.04%	+16.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.61%	22.27%	+11.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.58%	22.27%	+11.31%

WCBR vs. KROP - Expense Ratio Comparison

WCBR has a 0.45% expense ratio, which is lower than KROP's 0.50% expense ratio.

Dividends

WCBR vs. KROP - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	2.34%	2.73%	1.89%	1.36%	0.71%	0.69%
WCBR WisdomTree Cybersecurity Fund	0.00%	0.00%	0.02%	0.00%	0.03%	0.43%

Frequently Asked Questions

Can I hold both WCBR and KROP in my portfolio?

WCBR and KROP have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WCBR or KROP?

WCBR has higher volatility (13.74%) compared to KROP (4.69%). In terms of maximum drawdown, WCBR dropped -52.25% vs KROP's -61.96%.

Which ETF is better, WCBR or KROP?

On 3-year performance, WCBR leads with 21.52% vs 0.72% for KROP. On fees, WCBR is cheaper at 0.45% 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.

Which ETF has performed better, WCBR or KROP?

Over the 3-year period, WCBR has performed better with a 21.52% return vs 0.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WCBR or KROP?

WCBR is cheaper with a 0.45% expense ratio, compared with 0.50% for KROP.

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

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

What is the main difference between WCBR and KROP?

WCBR tracks WisdomTree Team8 Cybersecurity Index, while KROP tracks Solactive AgTech & Food Innovation Index. They also come from different issuers: WisdomTree and Global X. Their fees differ too: 0.45% for WCBR and 0.50% for KROP.

Which has better risk-adjusted returns?

KROP currently has the higher Sharpe Ratio (0.81 vs 0.37), 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.