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Korean Won/US Dollar FX

Often compared with KRWUSD=X:
KRWUSD=X vs. GLDMKRWUSD=X vs. VOO

Performance

KRWUSD=X Performance Chart

Korean Won/US Dollar FX (KRWUSD=X) is down 4.5% since the beginning of the year. KRWUSD=X is currently trading at $0 per share. Investors who bought $1,000 worth of KRWUSD=X shares 5 years ago would now be looking at an investment worth $740.


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S&P 500 Index

Returns By Period

Korean Won/US Dollar FX (KRWUSD=X) has returned -4.46% so far this year and -8.69% over the past 12 months. Over the last ten years, KRWUSD=X has returned -2.52% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.


Korean Won/US Dollar FX

1D
0.34%
1M
-3.01%
YTD
-4.46%
6M
-2.62%
1Y
-8.69%
3Y*
-4.76%
5Y*
-5.85%
10Y*
-2.52%

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.25%
YTD
11.16%
6M
11.43%
1Y
28.20%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

KRWUSD=X Monthly Returns History

Based on dividend-adjusted daily data since Jun 27, 2007, KRWUSD=X's average daily return is -0.01%, while the average monthly return is -0.16%.

Historically, 48% of months were positive and 52% were negative. The best month was Dec 2008 with a return of +16.4%, while the worst month was Nov 2008 at -13.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, KRWUSD=X closed higher 44% of trading days. The best single day was Oct 30, 2008 with a return of +12.3%, while the worst single day was Oct 16, 2008 at -9.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.72%0.73%-3.77%1.66%-2.29%-0.04%-4.46%
20251.34%-0.29%-0.74%3.41%3.30%1.80%-2.72%0.64%-1.47%-1.69%-2.23%1.40%2.53%
2024-2.86%-0.13%-0.94%-2.71%0.28%0.28%0.83%2.34%1.48%-4.10%-1.52%-5.74%-12.37%
20232.15%-6.82%1.46%-2.36%1.07%0.40%2.91%-3.47%-1.86%-0.14%4.08%0.26%-2.78%
2022-1.31%0.36%-1.21%-3.91%1.78%-3.50%-1.29%-2.88%-6.88%1.01%9.61%3.40%-5.62%
2021-3.05%-0.56%-0.23%0.91%0.90%-2.11%-1.93%-0.58%-2.10%0.83%-0.71%-0.48%-8.82%

Benchmark Metrics

Korean Won/US Dollar FX has an annualized alpha of -4.96%, beta of 0.16, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since June 28, 2007.

  • This currency participated in 52.85% of S&P 500 Index downside but only 13.24% 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
-4.96%
Beta
0.16
0.08
Upside Capture
13.24%
Downside Capture
52.85%

Return for Risk

Risk / Return Rank

KRWUSD=X ranks 20 for risk / return — in the bottom 20% of currencies on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


KRWUSD=X Risk / Return Rank: 2020
Overall Rank
KRWUSD=X Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
KRWUSD=X Sortino Ratio Rank: 1919
Sortino Ratio Rank
KRWUSD=X Omega Ratio Rank: 2020
Omega Ratio Rank
KRWUSD=X Calmar Ratio Rank: 2121
Calmar Ratio Rank
KRWUSD=X Martin Ratio Rank: 2020
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 Korean Won/US Dollar FX (KRWUSD=X) and compare them to S&P 500 Index.


KRWUSD=XBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.71

2.39

-3.10

Sortino ratio

Return per unit of downside risk

-0.98

3.25

-4.24

Omega ratio

Gain probability vs. loss probability

0.89

1.43

-0.54

Calmar ratio

Return relative to maximum drawdown

-0.61

3.11

-3.73

Martin ratio

Return relative to average drawdown

-1.04

14.38

-15.43

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 Korean Won/US Dollar 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 Korean Won/US Dollar FX was 42.81%, occurring on Mar 2, 2009. The portfolio has not yet recovered.

The current Korean Won/US Dollar FX drawdown is 40.34%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-42.81%Mar 2009
1y 4mo
18y 7moNov 2007 - now
2007 pullback2007
-3.86%Aug 2007
23d1mo 15d
2mo 8dJul 2007 - Oct 2007
Financial crisis2007–2009
-0.55%Oct 2007
5d17d
22dOct 2007 - Oct 2007
2007 pullback2007
-0.46%Jul 2007
0s7d
7dJul 2007 - Jul 2007
2007 pullback2007
-0.18%Jul 2007
0s3d
3dJul 2007 - Jul 2007

Drawdown Indicators


KRWUSD=XBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-42.81%

-56.78%

+13.97%

Max Drawdown (1Y)

Largest decline over 1 year

-11.54%

-9.10%

-2.44%

Max Drawdown (3Y)

Largest decline over 3 years

-17.03%

-18.90%

+1.87%

Max Drawdown (5Y)

Largest decline over 5 years

-27.20%

-25.43%

-1.77%

Max Drawdown (10Y)

Largest decline over 10 years

-30.83%

-33.92%

+3.09%

Current Drawdown

Current decline from peak

-40.34%

0.00%

-40.34%

Average Drawdown

Average peak-to-trough decline

-23.20%

-10.72%

-12.48%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.46%

1.97%

+3.49%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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