CSKR.L vs. XMTW.L

Last updated Jun 25, 2026

CSKR.L (iShares MSCI Korea UCITS ETF (Acc)) and XMTW.L (Xtrackers MSCI Taiwan UCITS ETF 1C) are both Asia Pacific Equities funds - CSKR.L tracks the MSCI Korea NR USD while XMTW.L tracks the MSCI Taiwan NR USD. Both are passively managed. Over the past 10 years, CSKR.L returned 17.03%/yr vs 22.39%/yr for XMTW.L. A 0.67 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

CSKR.L vs. XMTW.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 Xtrackers MSCI Taiwan UCITS ETF 1C (XMTW.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CSKR.L is traded in USD, while XMTW.L is traded in GBp. To make them comparable, the XMTW.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CSKR.L achieves a 100.79% return, which is significantly higher than XMTW.L's 65.93% return. Over the past 10 years, CSKR.L has underperformed XMTW.L with an annualized return of 17.03%, while XMTW.L has yielded a comparatively higher 22.39% annualized return.

CSKR.L

• 1D: 0.97%
• 1M: 6.10%
• YTD: 100.79%
• 6M: 110.20%
• 1Y: 185.38%
• 3Y*: 48.99%
• 5Y*: 17.78%
• 10Y*: 17.03%

XMTW.L

• 1D: -1.10%
• 1M: 7.71%
• YTD: 65.93%
• 6M: 69.23%
• 1Y: 102.74%
• 3Y*: 44.06%
• 5Y*: 21.81%
• 10Y*: 22.39%

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSKR.L iShares MSCI Korea UCITS ETF (Acc)	100.79%	99.45%	-22.66%	19.75%	-28.52%	-8.24%	44.24%	10.58%	-19.38%	42.24%
XMTW.L Xtrackers MSCI Taiwan UCITS ETF 1C	65.93%	33.34%	23.89%	28.08%	-29.55%	27.79%	36.46%	35.08%	-8.68%	27.23%

Correlation

The correlation between CSKR.L and XMTW.L is 0.69, 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	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Sep 17, 2010	0.67

The correlation between CSKR.L and XMTW.L has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.

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

Sectors	CSKR.L	XMTW.L
Technology	60.3%	78.9%
Industrials	15.4%	2.8%
Financial Services	9.0%	11.8%
Consumer Cyclical	6.4%	1.2%
Communication Services	2.6%	1.5%
Healthcare	2.5%	0.6%
Basic Materials	1.5%	2.4%
Consumer Defensive	1.3%	0.8%
Energy	0.8%	-
Utilities	0.3%	-
Real Estate	-	-

Return for Risk

CSKR.L vs. XMTW.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: 95
CSKR.L Sharpe Ratio Rank: 97
CSKR.L Sortino Ratio Rank: 94
CSKR.L Omega Ratio Rank: 95
CSKR.L Calmar Ratio Rank: 96
CSKR.L Martin Ratio Rank: 95

XMTW.L

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

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. XMTW.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 Xtrackers MSCI Taiwan UCITS ETF 1C (XMTW.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.

	CSKR.L	XMTW.L	Difference
Sharpe ratio: Return per unit of total volatility	4.40	3.96	+0.44
Sortino ratio: Return per unit of downside risk	4.23	4.54	-0.31
Omega ratio: Gain probability vs. loss probability	1.64	1.63	+0.01
Calmar ratio: Return relative to maximum drawdown	7.95	9.01	-1.06
Martin ratio: Return relative to average drawdown	27.97	26.69	+1.28

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

The current CSKR.L Sharpe Ratio is 4.40, which is comparable to the XMTW.L Sharpe Ratio of 3.96. The chart below compares the historical Sharpe Ratios of CSKR.L and XMTW.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

CSKR.L vs. XMTW.L - Drawdown Comparison

The maximum CSKR.L drawdown since its inception was -50.88%, smaller than the maximum XMTW.L drawdown of -99.34%. Use the drawdown chart below to compare losses from any high point for CSKR.L and XMTW.L.

Drawdown Indicators

	CSKR.L	XMTW.L	Difference
Max Drawdown Largest peak-to-trough decline	-50.88%	-99.34%	+48.46%
Max Drawdown (1Y) Largest decline over 1 year	-23.16%	-11.34%	-11.82%
Max Drawdown (3Y) Largest decline over 3 years	-29.00%	-27.72%	-1.28%
Max Drawdown (5Y) Largest decline over 5 years	-49.12%	-41.17%	-7.95%
Max Drawdown (10Y) Largest decline over 10 years	-50.88%	-41.17%	-9.71%
Current Drawdown Current decline from peak	-10.01%	-6.47%	-3.54%
Average Drawdown Average peak-to-trough decline	-18.16%	-33.12%	+14.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.60%	3.84%	+2.76%

Volatility

CSKR.L vs. XMTW.L - Volatility Comparison

iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) has a higher volatility of 19.29% compared to Xtrackers MSCI Taiwan UCITS ETF 1C (XMTW.L) at 10.98%. This indicates that CSKR.L's price experiences larger fluctuations and is considered to be riskier than XMTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSKR.L	XMTW.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.29%	10.98%	+8.31%
Volatility (6M) Calculated over the trailing 6-month period	37.98%	21.82%	+16.16%
Volatility (1Y) Calculated over the trailing 1-year period	42.15%	25.94%	+16.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.85%	26.57%	+2.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.62%	23.42%	+3.20%

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

Both CSKR.L and XMTW.L have an expense ratio of 0.65%.

Dividends

CSKR.L vs. XMTW.L - Dividend Comparison

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

Tickers have no history of dividend payments

Frequently Asked Questions

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

CSKR.L and XMTW.L have a correlation of 0.69, 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 XMTW.L?

Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

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

CSKR.L and XMTW.L have the same expense ratio: 0.65% per year.

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

CSKR.L tracks MSCI Korea NR USD, while XMTW.L tracks MSCI Taiwan NR USD. They also come from different issuers: iShares and Xtrackers.