EWT vs. MKOR

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Taiwan ETF (EWT) and Matthews Korea Active ETF (MKOR).

EWT and MKOR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWT is a passively managed fund by iShares that tracks the performance of the MSCI Taiwan Index. It was launched on Jun 20, 2000. MKOR is an actively managed fund by Matthews. It was launched on Oct 29, 2010.

Performance

EWT vs. MKOR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Taiwan ETF (EWT) and Matthews Korea Active ETF (MKOR). The values are adjusted to include any dividend payments, if applicable.

EWT vs. MKOR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EWT iShares MSCI Taiwan ETF	11.63%	28.38%	16.11%	1.66%
MKOR Matthews Korea Active ETF	26.80%	70.33%	-15.76%	-2.16%

Returns By Period

In the year-to-date period, EWT achieves a 11.63% return, which is significantly lower than MKOR's 26.80% return.

EWT

• 1D: 2.84%
• 1M: -6.28%
• YTD: 11.63%
• 6M: 16.60%
• 1Y: 56.23%
• 3Y*: 22.26%
• 5Y*: 10.25%
• 10Y*: 14.99%

MKOR

• 1D: 5.51%
• 1M: -16.25%
• YTD: 26.80%
• 6M: 48.56%
• 1Y: 109.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EWT vs. MKOR - Expense Ratio Comparison

EWT has a 0.59% expense ratio, which is lower than MKOR's 0.79% expense ratio.

MKOR

Matthews Korea Active ETF

EWT

iShares MSCI Taiwan ETF

Return for Risk

EWT vs. MKOR — Risk / Return Rank

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

EWT

EWT Risk / Return Rank: 93
EWT Sharpe Ratio Rank: 93
EWT Sortino Ratio Rank: 93
EWT Omega Ratio Rank: 91
EWT Calmar Ratio Rank: 94
EWT Martin Ratio Rank: 94

MKOR

MKOR Risk / Return Rank: 97
MKOR Sharpe Ratio Rank: 98
MKOR Sortino Ratio Rank: 97
MKOR Omega Ratio Rank: 97
MKOR Calmar Ratio Rank: 97
MKOR Martin Ratio Rank: 98

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.

EWT vs. MKOR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan ETF (EWT) 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.

	EWT	MKOR	Difference
Sharpe ratio Return per unit of total volatility	2.11	3.49	-1.39
Sortino ratio Return per unit of downside risk	2.80	3.88	-1.08
Omega ratio Gain probability vs. loss probability	1.38	1.55	-0.17
Calmar ratio Return relative to maximum drawdown	3.55	5.23	-1.68
Martin ratio Return relative to average drawdown	14.26	22.29	-8.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EWT vs. MKOR - Sharpe Ratio Comparison

The current EWT Sharpe Ratio is 2.11, which is lower than the MKOR Sharpe Ratio of 3.49. The chart below compares the historical Sharpe Ratios of EWT and MKOR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EWT	MKOR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.11	3.49	-1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.98	-0.78

Correlation

The correlation between EWT and MKOR is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EWT vs. MKOR - Dividend Comparison

EWT's dividend yield for the trailing twelve months is around 3.97%, more than MKOR's 2.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EWT iShares MSCI Taiwan ETF	3.97%	4.43%	3.32%	8.12%	18.82%	0.55%	1.83%	2.49%	3.16%	2.81%	2.39%	3.12%
MKOR Matthews Korea Active ETF	2.07%	2.62%	5.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EWT vs. MKOR - Drawdown Comparison

The maximum EWT drawdown since its inception was -64.37%, which is greater than MKOR's maximum drawdown of -22.09%. Use the drawdown chart below to compare losses from any high point for EWT and MKOR.

Drawdown Indicators

	EWT	MKOR	Difference
Max Drawdown Largest peak-to-trough decline	-64.37%	-22.09%	-42.28%
Max Drawdown (1Y) Largest decline over 1 year	-15.53%	-20.62%	+5.09%
Max Drawdown (5Y) Largest decline over 5 years	-38.88%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.88%	—	—
Current Drawdown Current decline from peak	-7.97%	-16.25%	+8.28%
Average Drawdown Average peak-to-trough decline	-19.35%	-6.39%	-12.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	4.84%	-0.97%

Volatility

EWT vs. MKOR - Volatility Comparison

The current volatility for iShares MSCI Taiwan ETF (EWT) is 11.00%, while Matthews Korea Active ETF (MKOR) has a volatility of 20.30%. This indicates that EWT experiences smaller price fluctuations and is considered to be less risky than MKOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EWT	MKOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.00%	20.30%	-9.30%
Volatility (6M) Calculated over the trailing 6-month period	18.14%	27.34%	-9.20%
Volatility (1Y) Calculated over the trailing 1-year period	26.85%	31.64%	-4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.32%	24.25%	-1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.22%	24.25%	-3.03%