ERO vs. MKOR
ERO (Ero Copper Corp) is a stock, while MKOR (Matthews Korea Active ETF) is Asia Pacific Equities fund actively managed by Matthews. Over the past year, ERO returned 111.40% vs 187.66% for MKOR. At a 0.41 correlation, their price movements are largely independent.
Performance
ERO vs. MKOR - Performance Comparison
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Returns By Period
In the year-to-date period, ERO achieves a 9.47% return, which is significantly lower than MKOR's 96.84% return.
ERO
- 1D
- -3.82%
- 1M
- 26.61%
- YTD
- 9.47%
- 6M
- 22.85%
- 1Y
- 111.40%
- 3Y*
- 20.41%
- 5Y*
- 6.13%
- 10Y*
- —
MKOR
- 1D
- -0.99%
- 1M
- 16.82%
- YTD
- 96.84%
- 6M
- 107.34%
- 1Y
- 187.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ERO vs. MKOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ERO Ero Copper Corp | 9.47% | 109.87% | -14.63% | -27.37% |
MKOR Matthews Korea Active ETF | 96.84% | 70.33% | -15.76% | -2.16% |
Correlation
The correlation between ERO and MKOR is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2023 | 0.41 |
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Return for Risk
ERO vs. MKOR — Risk / Return Rank
ERO
MKOR
ERO vs. MKOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ero Copper Corp (ERO) and Matthews Korea Active ETF (MKOR). 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.
| ERO | MKOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.70 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 9.16 | -6.21 |
| Martin ratioReturn relative to average drawdown | 6.53 | 35.31 | -28.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ERO | MKOR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 5.08 | -3.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.57 | -1.04 |
Drawdowns
ERO vs. MKOR - Drawdown Comparison
The maximum ERO drawdown since its inception was -67.17%, which is greater than MKOR's maximum drawdown of -22.09%. Use the drawdown chart below to compare losses from any high point for ERO and MKOR.
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Drawdown Indicators
| ERO | MKOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.17% | -22.09% | -45.08% |
Max Drawdown (1Y)Largest decline over 1 year | -37.97% | -20.62% | -17.35% |
Max Drawdown (3Y)Largest decline over 3 years | -59.84% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -64.56% | — | — |
Current DrawdownCurrent decline from peak | -18.56% | -2.27% | -16.29% |
Average DrawdownAverage peak-to-trough decline | -27.05% | -6.22% | -20.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.13% | 5.34% | +11.79% |
Volatility
ERO vs. MKOR - Volatility Comparison
Ero Copper Corp (ERO) has a higher volatility of 20.07% compared to Matthews Korea Active ETF (MKOR) at 17.87%. This indicates that ERO's price experiences larger fluctuations and is considered to be riskier than MKOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ERO | MKOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.07% | 17.87% | +2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 42.84% | 33.29% | +9.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.27% | 37.15% | +18.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.41% | 27.06% | +27.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.08% | 27.06% | +32.02% |
Dividends
ERO vs. MKOR - Dividend Comparison
ERO has not paid dividends to shareholders, while MKOR's dividend yield for the trailing twelve months is around 1.33%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ERO Ero Copper Corp | 0.00% | 0.00% | 0.00% |
MKOR Matthews Korea Active ETF | 1.33% | 2.62% | 5.28% |
Frequently Asked Questions
ERO and MKOR have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ERO has higher volatility (20.07%) compared to MKOR (17.87%). In terms of maximum drawdown, ERO dropped -67.17% vs MKOR's -22.09%.
MKOR currently has the higher Sharpe Ratio (5.08 vs 2.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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