XXTW.L vs. KROP.L

Last updated Jul 29, 2026

XXTW.L (Xtrackers MSCI World Information Technology UCITS ETF) and KROP.L (Global X AgTech & Food Innovation UCITS ETF USD (Acc)) are both Technology Equities funds - XXTW.L tracks the MSCI World Information Technology 20/35 Custom index while KROP.L tracks the Solactive AgTech & Food Innovation v2 Index. Both are passively managed. Over the past 3 years, XXTW.L returned 14.99%/yr vs -1.21%/yr for KROP.L. Their 0.19 correlation means their historical movements had little consistent relationship. XXTW.L charges 0.25%/yr vs 0.50%/yr for KROP.L.

Performance

XXTW.L vs. KROP.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) and Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XXTW.L is traded in GBP, while KROP.L is traded in USD. To make them comparable, the KROP.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, XXTW.L achieves a 15.37% return, which is significantly lower than KROP.L's 18.70% return.

XXTW.L

• 1D: 0.00%
• 1M: -2.19%
• 6M: 16.59%
• YTD: 15.37%
• 1Y: 26.61%
• 3Y*: 14.99%
• 5Y*: 10.58%
• 10Y*: 19.15%
• ALL TIME*: 17.56%

KROP.L

• 1D: 0.98%
• 1M: 1.45%
• 6M: 12.38%
• YTD: 18.70%
• 1Y: 10.37%
• 3Y*: -1.21%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -7.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KROP.L Global X AgTech & Food Innovation UCITS ETF USD (Acc)	£1.89K	£1.47K	£2.69K
XXTW.L Xtrackers MSCI World Information Technology UCITS ETF	£635.62K	£533.86K	£515.60K

XXTW.L vs. KROP.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XXTW.L Xtrackers MSCI World Information Technology UCITS ETF	15.37%	13.82%	36.21%	21.01%	-21.35%
KROP.L Global X AgTech & Food Innovation UCITS ETF USD (Acc)	18.70%	-0.05%	-6.73%	-26.39%	-15.16%

Correlation

The correlation between XXTW.L and KROP.L is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.09
Correlation (3Y) Balances recent behavior with more history.	0.16
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022	0.19

The correlation between XXTW.L and KROP.L shifts across timeframes, from 0.09 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XXTW.L vs. KROP.L — Risk / Return Rank

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

XXTW.L

XXTW.L Risk / Return Rank: 31
XXTW.L Sharpe Ratio Rank: 24
XXTW.L Sortino Ratio Rank: 32
XXTW.L Omega Ratio Rank: 54
XXTW.L Calmar Ratio Rank: 25
XXTW.L Martin Ratio Rank: 20

KROP.L

KROP.L Risk / Return Rank: 25
KROP.L Sharpe Ratio Rank: 24
KROP.L Sortino Ratio Rank: 24
KROP.L Omega Ratio Rank: 23
KROP.L Calmar Ratio Rank: 30
KROP.L Martin Ratio Rank: 25

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.

XXTW.L vs. KROP.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) and Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L). 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.

	XXTW.L	KROP.L	Difference
Sharpe ratio: Return per unit of total volatility	0.56	0.62	-0.06
Sortino ratio: Return per unit of downside risk	1.22	0.98	+0.24
Omega ratio: Gain probability vs. loss probability	1.24	1.12	+0.12
Calmar ratio: Return relative to maximum drawdown	0.77	1.23	-0.46
Martin ratio: Return relative to average drawdown	1.28	2.30	-1.02

XXTW.L vs. KROP.L - Sharpe Ratio Comparison

The current XXTW.L Sharpe Ratio is 0.56, which is comparable to the KROP.L Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of XXTW.L and KROP.L, 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

XXTW.L vs. KROP.L - Drawdown Comparison

The maximum XXTW.L drawdown since its inception was -36.07%, smaller than the maximum KROP.L drawdown of -50.76%. Use the drawdown chart below to compare losses from any high point for XXTW.L and KROP.L.

Drawdown Indicators

	XXTW.L	KROP.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.07%	-50.76%	+14.69%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	-8.40%	-26.01%
Max Drawdown (3Y) Largest decline over 3 years	-34.41%	-25.48%	-8.93%
Max Drawdown (5Y) Largest decline over 5 years	-36.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.07%	—	—
Current Drawdown Current decline from peak	-15.39%	-37.04%	+21.65%
Average Drawdown Average peak-to-trough decline	-7.22%	-34.59%	+27.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.82%	4.50%	+16.32%

Volatility

XXTW.L vs. KROP.L - Volatility Comparison

Xtrackers MSCI World Information Technology UCITS ETF (XXTW.L) has a higher volatility of 7.68% compared to Global X AgTech & Food Innovation UCITS ETF USD (Acc) (KROP.L) at 4.47%. This indicates that XXTW.L's price experiences larger fluctuations and is considered to be riskier than KROP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XXTW.L	KROP.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	4.47%	+3.21%
Volatility (6M) Calculated over the trailing 6-month period	16.88%	13.09%	+3.79%
Volatility (1Y) Calculated over the trailing 1-year period	47.64%	16.68%	+30.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.74%	20.17%	+11.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.41%	20.17%	+7.24%

XXTW.L vs. KROP.L - Expense Ratio Comparison

XXTW.L has a 0.25% expense ratio, which is lower than KROP.L's 0.50% expense ratio.

Dividends

XXTW.L vs. KROP.L - Dividend Comparison

Neither XXTW.L nor KROP.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XXTW.L and KROP.L in my portfolio?

XXTW.L and KROP.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XXTW.L or KROP.L?

On fees, XXTW.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XXTW.L or KROP.L?

XXTW.L is cheaper with a 0.25% expense ratio, compared with 0.50% for KROP.L.

What is the main difference between XXTW.L and KROP.L?

XXTW.L tracks MSCI World Information Technology 20/35 Custom index, while KROP.L tracks Solactive AgTech & Food Innovation v2 Index. They also come from different issuers: Xtrackers and Global X. Their fees differ too: 0.25% for XXTW.L and 0.50% for KROP.L.