iShares MSCI South Korea ETF (AU) (IKO.AX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI South Korea ETF (AU) (IKO.AX) is up 64.3% since the beginning of the year. IKO.AX is currently trading at A$239 per share. Investors who bought A$1,000 worth of IKO.AX shares 5 years ago would now be looking at an investment worth A$2,162.

iShares MSCI South Korea ETF (AU) (IKO.AX) has returned 64.31% so far this year and 119.84% over the past 12 months. Over the last decade, IKO.AX has posted an annualized return of 14.97%, slightly higher than the S&P 500 Index benchmark’s 14.27%.

Based on dividend-adjusted daily data since Nov 15, 2007, IKO.AX's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.

Historically, 53% of months were positive and 47% were negative. The best month was Apr 2026 with a return of +31.6%, while the worst month was Mar 2026 at -22.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, IKO.AX closed higher 50% of trading days. The best single day was Dec 15, 2010 with a return of +15.9%, while the worst single day was Dec 16, 2010 at -13.7%.

iShares MSCI South Korea ETF (AU) has an annualized alpha of 10.51%, beta of 0.14, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 15, 2007.

• This ETF participated in 67.48% of S&P 500 Index downside but only 65.88% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.14 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

IKO.AX ranks 87 for risk / return — in the top 87% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

iShares MSCI South Korea ETF (AU) provided a 5.85% dividend yield over the last twelve months, with an annual payout of A$13.99 per share.

The table displays the monthly dividend distributions for iShares MSCI South Korea ETF (AU). The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the iShares MSCI South Korea ETF (AU). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI South Korea ETF (AU) was 57.74%, occurring on Nov 20, 2008. Recovery took 1558 trading sessions.

The current iShares MSCI South Korea ETF (AU) drawdown is 22.11%.

The chart below shows the rolling one-month volatility.