AEJL.L vs. IKOR.L

Last updated Jul 18, 2026

AEJL.L (Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E) and IKOR.L (iShares MSCI Korea UCITS ETF (Dist)) are both exchange-traded funds - AEJL.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while IKOR.L is a South Korea Equities fund tracking the MSCI Korea NR USD. Both are passively managed. Over the past 10 years, AEJL.L returned 68.73%/yr vs 13.80%/yr for IKOR.L. A 0.53 correlation means they provide meaningful diversification when combined. AEJL.L charges 0.60%/yr vs 0.74%/yr for IKOR.L.

Performance

AEJL.L vs. IKOR.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.L) and iShares MSCI Korea UCITS ETF (Dist) (IKOR.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEJL.L achieves a 15.41% return, which is significantly lower than IKOR.L's 66.09% return. Over the past 10 years, AEJL.L has outperformed IKOR.L with an annualized return of 68.73%, while IKOR.L has yielded a comparatively lower 13.80% annualized return.

AEJL.L

• 1D: -2.72%
• 1M: -9.91%
• 6M: 9.63%
• YTD: 15.41%
• 1Y: 27.43%
• 3Y*: 16.92%
• 5Y*: 6.34%
• 10Y*: 68.73%

IKOR.L

• 1D: -1.44%
• 1M: -23.11%
• 6M: 44.26%
• YTD: 66.09%
• 1Y: 133.23%
• 3Y*: 35.56%
• 5Y*: 14.68%
• 10Y*: 13.80%

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

AEJL.L vs. IKOR.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AEJL.L Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E	15.41%	20.45%	11.91%	0.03%	-8.06%	-2.60%	18.01%	10,128.27%	-10.40%	19.27%
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	66.09%	85.96%	-21.55%	13.31%	-19.76%	-7.30%	39.09%	6.89%	-16.49%	32.45%

Correlation

The correlation between AEJL.L and IKOR.L is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.53

Over the past year, AEJL.L and IKOR.L have become more correlated (0.83) than their long-term average of 0.53, meaning their price movements have been converging.

AEJL.L vs. IKOR.L - Sectors Allocation Comparison

Sectors	AEJL.L	IKOR.L
Technology	43.1%	60.1%
Financial Services	18.7%	8.1%
Consumer Cyclical	8.8%	6.9%
Industrials	7.2%	16.1%
Basic Materials	5.5%	1.6%
Communication Services	5.5%	2.4%
Healthcare	2.9%	2.5%
Energy	2.5%	0.8%
Consumer Defensive	2.3%	1.2%
Real Estate	1.9%	-
Utilities	1.7%	0.3%

Return for Risk

AEJL.L vs. IKOR.L — Risk / Return Rank

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

AEJL.L

AEJL.L Risk / Return Rank: 54
AEJL.L Sharpe Ratio Rank: 54
AEJL.L Sortino Ratio Rank: 50
AEJL.L Omega Ratio Rank: 56
AEJL.L Calmar Ratio Rank: 56
AEJL.L Martin Ratio Rank: 56

IKOR.L

IKOR.L Risk / Return Rank: 92
IKOR.L Sharpe Ratio Rank: 96
IKOR.L Sortino Ratio Rank: 88
IKOR.L Omega Ratio Rank: 90
IKOR.L Calmar Ratio Rank: 93
IKOR.L Martin Ratio Rank: 91

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.

AEJL.L vs. IKOR.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.L) and iShares MSCI Korea UCITS ETF (Dist) (IKOR.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.

	AEJL.L	IKOR.L	Difference
Sharpe ratio: Return per unit of total volatility	1.41	3.05	-1.64
Sortino ratio: Return per unit of downside risk	1.93	3.24	-1.32
Omega ratio: Gain probability vs. loss probability	1.27	1.45	-0.18
Calmar ratio: Return relative to maximum drawdown	2.16	4.97	-2.80
Martin ratio: Return relative to average drawdown	7.29	16.68	-9.39

AEJL.L vs. IKOR.L - Sharpe Ratio Comparison

The current AEJL.L Sharpe Ratio is 1.41, which is lower than the IKOR.L Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of AEJL.L and IKOR.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

AEJL.L vs. IKOR.L - Drawdown Comparison

The maximum AEJL.L drawdown since its inception was -55.23%, smaller than the maximum IKOR.L drawdown of -77.32%. Use the drawdown chart below to compare losses from any high point for AEJL.L and IKOR.L.

Drawdown Indicators

	AEJL.L	IKOR.L	Difference
Max Drawdown Largest peak-to-trough decline	-55.23%	-77.32%	+22.09%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-26.67%	+14.04%
Max Drawdown (3Y) Largest decline over 3 years	-17.13%	-28.58%	+11.45%
Max Drawdown (5Y) Largest decline over 5 years	-22.10%	-39.33%	+17.23%
Max Drawdown (10Y) Largest decline over 10 years	-28.13%	-44.11%	+15.98%
Current Drawdown Current decline from peak	-12.63%	-26.67%	+14.04%
Average Drawdown Average peak-to-trough decline	-12.33%	-27.31%	+14.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	7.96%	-4.21%

Volatility

AEJL.L vs. IKOR.L - Volatility Comparison

The current volatility for Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.L) is 8.93%, while iShares MSCI Korea UCITS ETF (Dist) (IKOR.L) has a volatility of 18.91%. This indicates that AEJL.L experiences smaller price fluctuations and is considered to be less risky than IKOR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEJL.L	IKOR.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.93%	18.91%	-9.98%
Volatility (6M) Calculated over the trailing 6-month period	17.23%	39.53%	-22.30%
Volatility (1Y) Calculated over the trailing 1-year period	19.33%	43.42%	-24.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.59%	27.36%	-8.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2,741.82%	25.50%	+2,716.32%

AEJL.L vs. IKOR.L - Expense Ratio Comparison

AEJL.L has a 0.60% expense ratio, which is lower than IKOR.L's 0.74% expense ratio.

Dividends

AEJL.L vs. IKOR.L - Dividend Comparison

AEJL.L has not paid dividends to shareholders, while IKOR.L's dividend yield for the trailing twelve months is around 0.52%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AEJL.L Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IKOR.L iShares MSCI Korea UCITS ETF (Dist)	0.52%	0.83%	1.31%	1.14%	1.34%	1.36%	0.76%	1.28%	1.07%	0.72%	0.57%	0.43%

Frequently Asked Questions

Can I hold both AEJL.L and IKOR.L in my portfolio?

AEJL.L and IKOR.L have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AEJL.L or IKOR.L?

On fees, AEJL.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AEJL.L or IKOR.L?

AEJL.L is cheaper with a 0.60% expense ratio, compared with 0.74% for IKOR.L.

What is the main difference between AEJL.L and IKOR.L?

AEJL.L is categorized as Asia Pacific Equities, while IKOR.L is South Korea Equities. AEJL.L tracks MSCI AC Asia Pac Ex JPN NR USD, while IKOR.L tracks MSCI Korea NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.60% for AEJL.L and 0.74% for IKOR.L.