AEJL.L vs. XKS2.L

Last updated Jul 18, 2026

AEJL.L (Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E) and XKS2.L (Xtrackers MSCI Korea UCITS ETF 1C) are both exchange-traded funds - AEJL.L is a Asia Pacific Equities fund tracking the MSCI AC Asia Pac Ex JPN NR USD, while XKS2.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 13.84%/yr for XKS2.L. A 0.55 correlation means they provide meaningful diversification when combined. AEJL.L charges 0.60%/yr vs 0.65%/yr for XKS2.L.

Performance

AEJL.L vs. XKS2.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 Xtrackers MSCI Korea UCITS ETF 1C (XKS2.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 XKS2.L's 66.70% return. Over the past 10 years, AEJL.L has outperformed XKS2.L with an annualized return of 68.73%, while XKS2.L has yielded a comparatively lower 13.84% 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%

XKS2.L

• 1D: -1.51%
• 1M: -23.12%
• 6M: 44.70%
• YTD: 66.70%
• 1Y: 133.74%
• 3Y*: 35.54%
• 5Y*: 14.77%
• 10Y*: 13.84%

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

AEJL.L vs. XKS2.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%
XKS2.L Xtrackers MSCI Korea UCITS ETF 1C	66.70%	85.79%	-21.66%	13.44%	-19.57%	-7.21%	38.65%	7.36%	-16.62%	32.71%

Correlation

The correlation between AEJL.L and XKS2.L is 0.82, 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	0.82
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	0.72
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.55

Over the past year, AEJL.L and XKS2.L have become more correlated (0.82) than their long-term average of 0.55, meaning their price movements have been converging.

AEJL.L vs. XKS2.L - Sectors Allocation Comparison

Sectors	AEJL.L	XKS2.L
Technology	43.1%	59.9%
Financial Services	18.7%	8.2%
Consumer Cyclical	8.8%	6.8%
Industrials	7.2%	16.2%
Basic Materials	5.5%	1.6%
Communication Services	5.5%	2.4%
Healthcare	2.9%	2.6%
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. XKS2.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

XKS2.L

XKS2.L Risk / Return Rank: 93
XKS2.L Sharpe Ratio Rank: 96
XKS2.L Sortino Ratio Rank: 90
XKS2.L Omega Ratio Rank: 91
XKS2.L Calmar Ratio Rank: 93
XKS2.L Martin Ratio Rank: 92

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. XKS2.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 Xtrackers MSCI Korea UCITS ETF 1C (XKS2.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	XKS2.L	Difference
Sharpe ratio: Return per unit of total volatility	1.41	3.13	-1.71
Sortino ratio: Return per unit of downside risk	1.93	3.34	-1.41
Omega ratio: Gain probability vs. loss probability	1.27	1.47	-0.20
Calmar ratio: Return relative to maximum drawdown	2.16	5.00	-2.84
Martin ratio: Return relative to average drawdown	7.29	16.81	-9.52

AEJL.L vs. XKS2.L - Sharpe Ratio Comparison

The current AEJL.L Sharpe Ratio is 1.41, which is lower than the XKS2.L Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of AEJL.L and XKS2.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. XKS2.L - Drawdown Comparison

The maximum AEJL.L drawdown since its inception was -55.23%, smaller than the maximum XKS2.L drawdown of -76.54%. Use the drawdown chart below to compare losses from any high point for AEJL.L and XKS2.L.

Drawdown Indicators

	AEJL.L	XKS2.L	Difference
Max Drawdown Largest peak-to-trough decline	-55.23%	-76.54%	+21.31%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-26.58%	+13.95%
Max Drawdown (3Y) Largest decline over 3 years	-17.13%	-37.56%	+20.43%
Max Drawdown (5Y) Largest decline over 5 years	-22.10%	-39.18%	+17.08%
Max Drawdown (10Y) Largest decline over 10 years	-28.13%	-44.01%	+15.88%
Current Drawdown Current decline from peak	-12.63%	-26.58%	+13.95%
Average Drawdown Average peak-to-trough decline	-12.33%	-29.28%	+16.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	7.92%	-4.17%

Volatility

AEJL.L vs. XKS2.L - Volatility Comparison

The current volatility for Lyxor UCITS MSCI AC Asia-Pacific Ex Japan C-E (AEJL.L) is 8.93%, while Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L) has a volatility of 18.87%. This indicates that AEJL.L experiences smaller price fluctuations and is considered to be less risky than XKS2.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEJL.L	XKS2.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.93%	18.87%	-9.94%
Volatility (6M) Calculated over the trailing 6-month period	17.23%	38.52%	-21.29%
Volatility (1Y) Calculated over the trailing 1-year period	19.33%	42.52%	-23.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.59%	30.59%	-12.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2,741.82%	27.19%	+2,714.63%

AEJL.L vs. XKS2.L - Expense Ratio Comparison

AEJL.L has a 0.60% expense ratio, which is lower than XKS2.L's 0.65% expense ratio.

Dividends

AEJL.L vs. XKS2.L - Dividend Comparison

Neither AEJL.L nor XKS2.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AEJL.L and XKS2.L in my portfolio?

AEJL.L and XKS2.L have a correlation of 0.82, 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 XKS2.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 XKS2.L?

AEJL.L is cheaper with a 0.60% expense ratio, compared with 0.65% for XKS2.L.

What is the main difference between AEJL.L and XKS2.L?

AEJL.L is categorized as Asia Pacific Equities, while XKS2.L is South Korea Equities. AEJL.L tracks MSCI AC Asia Pac Ex JPN NR USD, while XKS2.L tracks MSCI Korea NR USD. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.60% for AEJL.L and 0.65% for XKS2.L.