CSKR.L vs. IUMO.L

Last updated Jun 5, 2026

CSKR.L (iShares MSCI Korea UCITS ETF (Acc)) and IUMO.L (iShares Edge MSCI USA Momentum Factor UCITS ETF USD Acc) are both exchange-traded funds - CSKR.L is a Asia Pacific Equities fund tracking the MSCI Korea NR USD, while IUMO.L is a Momentum fund tracking the MSCI USA Momentum Index. Both are passively managed. Over the past 5 years, CSKR.L returned 18.48%/yr vs 14.09%/yr for IUMO.L. At a 0.43 correlation, their price movements are largely independent. CSKR.L charges 0.65%/yr vs 0.20%/yr for IUMO.L.

Performance

CSKR.L vs. IUMO.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) and iShares Edge MSCI USA Momentum Factor UCITS ETF USD Acc (IUMO.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSKR.L achieves a 106.37% return, which is significantly higher than IUMO.L's 29.52% return.

CSKR.L

• 1D: -4.80%
• 1M: 15.77%
• YTD: 106.37%
• 6M: 126.95%
• 1Y: 232.60%
• 3Y*: 49.13%
• 5Y*: 18.48%
• 10Y*: 17.00%

IUMO.L

• 1D: -1.94%
• 1M: 12.05%
• YTD: 29.52%
• 6M: 29.75%
• 1Y: 39.37%
• 3Y*: 32.22%
• 5Y*: 14.09%
• 10Y*: —

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

CSKR.L vs. IUMO.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSKR.L iShares MSCI Korea UCITS ETF (Acc)	106.37%	99.44%	-22.66%	19.75%	-28.52%	-8.24%	44.24%	10.58%	-19.38%	44.22%
IUMO.L iShares Edge MSCI USA Momentum Factor UCITS ETF USD Acc	29.52%	17.81%	31.88%	9.83%	-18.15%	12.60%	29.61%	28.49%	-3.73%	37.07%

Correlation

The correlation between CSKR.L and IUMO.L is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Nov 8, 2016	0.43

The correlation between CSKR.L and IUMO.L shifts across timeframes, from 0.43 (all time) to 0.59 (1 year), reflecting how their relationship changes across market environments.

CSKR.L vs. IUMO.L - Sectors Allocation Comparison

Sectors	CSKR.L	IUMO.L
Technology	58.7%	42.9%
Industrials	16.9%	19.2%
Financial Services	8.8%	7.3%
Consumer Cyclical	6.4%	5.1%
Healthcare	2.7%	9.6%
Communication Services	2.3%	6.7%
Basic Materials	1.7%	1.9%
Consumer Defensive	1.2%	2.2%
Energy	0.9%	2.5%
Utilities	0.3%	1.5%
Real Estate	-	1.1%

Return for Risk

CSKR.L vs. IUMO.L — Risk / Return Rank

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

CSKR.L

CSKR.L Risk / Return Rank: 97
CSKR.L Sharpe Ratio Rank: 98
CSKR.L Sortino Ratio Rank: 96
CSKR.L Omega Ratio Rank: 96
CSKR.L Calmar Ratio Rank: 97
CSKR.L Martin Ratio Rank: 96

IUMO.L

IUMO.L Risk / Return Rank: 68
IUMO.L Sharpe Ratio Rank: 61
IUMO.L Sortino Ratio Rank: 66
IUMO.L Omega Ratio Rank: 61
IUMO.L Calmar Ratio Rank: 74
IUMO.L Martin Ratio Rank: 76

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.

CSKR.L vs. IUMO.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) and iShares Edge MSCI USA Momentum Factor UCITS ETF USD Acc (IUMO.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.

	CSKR.L	IUMO.L	Difference
Sharpe ratio: Return per unit of total volatility	5.87	2.02	+3.85
Sortino ratio: Return per unit of downside risk	5.41	3.00	+2.41
Omega ratio: Gain probability vs. loss probability	1.79	1.37	+0.42
Calmar ratio: Return relative to maximum drawdown	9.97	3.68	+6.30
Martin ratio: Return relative to average drawdown	37.50	14.44	+23.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSKR.L vs. IUMO.L - Sharpe Ratio Comparison

The current CSKR.L Sharpe Ratio is 5.87, which is higher than the IUMO.L Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of CSKR.L and IUMO.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.

Sharpe Ratios by Period

	CSKR.L	IUMO.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.87	2.02	+3.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.72	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.96	-0.42

Drawdowns

CSKR.L vs. IUMO.L - Drawdown Comparison

The maximum CSKR.L drawdown since its inception was -50.88%, which is greater than IUMO.L's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for CSKR.L and IUMO.L.

Drawdown Indicators

	CSKR.L	IUMO.L	Difference
Max Drawdown Largest peak-to-trough decline	-50.88%	-33.75%	-17.13%
Max Drawdown (1Y) Largest decline over 1 year	-23.16%	-10.60%	-12.56%
Max Drawdown (3Y) Largest decline over 3 years	-29.22%	-21.01%	-8.21%
Max Drawdown (5Y) Largest decline over 5 years	-49.14%	-31.98%	-17.16%
Max Drawdown (10Y) Largest decline over 10 years	-50.88%	—	—
Current Drawdown Current decline from peak	-5.91%	-1.94%	-3.97%
Average Drawdown Average peak-to-trough decline	-21.48%	-8.46%	-13.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.17%	2.70%	+3.47%

Volatility

CSKR.L vs. IUMO.L - Volatility Comparison

iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) has a higher volatility of 18.32% compared to iShares Edge MSCI USA Momentum Factor UCITS ETF USD Acc (IUMO.L) at 8.41%. This indicates that CSKR.L's price experiences larger fluctuations and is considered to be riskier than IUMO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSKR.L	IUMO.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.32%	8.41%	+9.91%
Volatility (6M) Calculated over the trailing 6-month period	34.47%	16.63%	+17.84%
Volatility (1Y) Calculated over the trailing 1-year period	39.40%	19.28%	+20.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.89%	19.58%	+9.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.26%	20.53%	+8.73%

CSKR.L vs. IUMO.L - Expense Ratio Comparison

CSKR.L has a 0.65% expense ratio, which is higher than IUMO.L's 0.20% expense ratio.

Dividends

CSKR.L vs. IUMO.L - Dividend Comparison

Neither CSKR.L nor IUMO.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CSKR.L and IUMO.L in my portfolio?

CSKR.L and IUMO.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSKR.L or IUMO.L?

On fees, IUMO.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSKR.L or IUMO.L?

IUMO.L is cheaper with a 0.20% expense ratio, compared with 0.65% for CSKR.L.

What is the main difference between CSKR.L and IUMO.L?

CSKR.L is categorized as Asia Pacific Equities, while IUMO.L is Momentum. CSKR.L tracks MSCI Korea NR USD, while IUMO.L tracks MSCI USA Momentum Index. Their fees differ too: 0.65% for CSKR.L and 0.20% for IUMO.L.