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US Dollar/Korean Won FX

Often compared with KRW=X:
KRW=X vs. VOOKRW=X vs. GLDM

Performance

KRW=X Performance Chart

US Dollar/Korean Won FX (KRW=X) is up 7.2% since the beginning of the year. KRW=X is currently trading at ₩1,545 per share. Investors who bought ₩1,000 worth of KRW=X shares 5 years ago would now be looking at an investment worth ₩1,391.


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S&P 500 Index

Returns By Period

US Dollar/Korean Won FX (KRW=X) has returned 7.24% so far this year and 13.50% over the past 12 months. Over the last ten years, KRW=X has returned 2.89% per year, falling short of the S&P 500 Index benchmark, which averaged 16.94% annually.


US Dollar/Korean Won FX

1D
0.85%
1M
4.77%
YTD
7.24%
6M
4.77%
1Y
13.50%
3Y*
5.93%
5Y*
6.82%
10Y*
2.89%

Benchmark (S&P 500 Index)

1D
1.26%
1M
9.46%
YTD
18.81%
6M
15.88%
1Y
44.17%
3Y*
28.25%
5Y*
20.05%
10Y*
16.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KRW=X Monthly Returns History

Based on dividend-adjusted daily data since Jul 4, 2007, KRW=X's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.

Historically, 52% of months were positive and 48% were negative. The best month was Nov 2008 with a return of +14.9%, while the worst month was Dec 2008 at -14.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.

On a daily basis, KRW=X closed higher 50% of trading days. The best single day was Oct 16, 2008 with a return of +10.7%, while the worst single day was Oct 30, 2008 at -10.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.68%-0.76%4.56%-2.10%2.92%1.88%7.24%
2025-1.30%0.15%0.95%-3.45%-2.71%-2.06%2.89%-0.07%0.90%1.77%2.57%-1.71%-2.30%
20242.89%0.15%0.73%3.06%-0.27%-0.20%-0.81%-2.34%-1.33%4.20%1.41%6.02%14.01%
2023-2.10%7.11%-1.15%2.41%-1.14%-0.34%-3.09%3.72%2.09%0.05%-3.92%-0.30%2.85%
20221.32%-0.29%0.95%4.03%-1.78%3.87%1.02%3.03%7.42%-0.95%-8.73%-3.42%5.66%
20212.89%0.83%0.04%-0.91%-0.82%1.93%2.07%0.54%2.17%-0.78%0.77%0.53%9.56%

Benchmark Metrics

US Dollar/Korean Won FX has an annualized alpha of 0.94%, beta of 0.16, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since July 05, 2007.

  • This currency participated in 16.67% of S&P 500 Index downside but only 14.65% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.16 may look defensive, but with R2 of 0.08 this currency 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 currency's risk.
  • R2 of 0.08 means this currency 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.

Alpha
0.94%
Beta
0.16
0.08
Upside Capture
14.65%
Downside Capture
16.67%

Return for Risk

Risk / Return Rank

KRW=X ranks 91 for risk / return — in the top 91% of currencies 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.


KRW=X Risk / Return Rank: 9191
Overall Rank
KRW=X Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
KRW=X Sortino Ratio Rank: 9191
Sortino Ratio Rank
KRW=X Omega Ratio Rank: 8888
Omega Ratio Rank
KRW=X Calmar Ratio Rank: 9393
Calmar Ratio Rank
KRW=X Martin Ratio Rank: 9494
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for US Dollar/Korean Won FX (KRW=X) and compare them to S&P 500 Index.


KRW=XBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.62

Sortino ratioReturn per unit of downside risk

-3.25

Omega ratioGain probability vs. loss probability

1.23

1.69

-0.45

Calmar ratioReturn relative to maximum drawdown

2.30

6.81

-4.51

Martin ratioReturn relative to average drawdown

7.42

24.75

-17.33

Drawdowns

Drawdowns Chart

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the US Dollar/Korean Won FX. 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 US Dollar/Korean Won FX was 35.73%, occurring on Jul 3, 2014. The portfolio has not yet recovered.

The current US Dollar/Korean Won FX drawdown is 1.62%.


Related event

Drawdown

Fall

Recovery

Underwater

2014 bear market2014
-35.73%Jul 2014
5y 4mo
17y 3moMar 2009 - now
Financial crisis2007–2009
-16.61%Dec 2008
1mo 5d1mo 22d
2mo 27dNov 2008 - Feb 2009
Financial crisis2007–2009
-15.15%Oct 2008
2d21d
23dOct 2008 - Nov 2008
Financial crisis2007–2009
-13.51%Oct 2008
5d9d
14dOct 2008 - Oct 2008
Financial crisis2007–2009
-5.89%Sep 2008
4d8d
12dSep 2008 - Sep 2008

Drawdown Indicators


KRW=XBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-35.73%

-30.67%

-5.06%

Max Drawdown (1Y)

Largest decline over 1 year

-4.68%

-6.52%

+1.84%

Max Drawdown (3Y)

Largest decline over 3 years

-8.84%

-17.39%

+8.55%

Max Drawdown (5Y)

Largest decline over 5 years

-15.41%

-17.96%

+2.55%

Max Drawdown (10Y)

Largest decline over 10 years

-15.41%

-30.67%

+15.26%

Current Drawdown

Current decline from peak

-1.62%

0.00%

-1.62%

Average Drawdown

Average peak-to-trough decline

-22.02%

-5.26%

-16.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.55%

1.79%

-0.24%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with KRW=X

Add US Dollar/Korean Won FX to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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