FMV.DE vs. KF

Last updated Jun 4, 2026

FMV.DE (First Majestic Silver Corp) is a stock, while KF (The Korea Fund Inc) is Emerging Markets Equities fund managed by Allianz Global Investors. Over the past 5 years, FMV.DE returned 3.51%/yr vs 21.44%/yr for KF. At a 0.14 correlation, their price movements are largely independent.

Performance

FMV.DE vs. KF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in First Majestic Silver Corp (FMV.DE) and The Korea Fund Inc (KF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FMV.DE is traded in EUR, while KF is traded in USD. To make them comparable, the KF values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FMV.DE achieves a 17.31% return, which is significantly lower than KF's 114.96% return.

FMV.DE

• 1D: -4.92%
• 1M: 2.90%
• YTD: 17.31%
• 6M: 25.90%
• 1Y: 182.65%
• 3Y*: 45.58%
• 5Y*: 3.51%
• 10Y*: —

KF

• 1D: -1.07%
• 1M: 26.92%
• YTD: 114.96%
• 6M: 120.52%
• 1Y: 230.65%
• 3Y*: 46.22%
• 5Y*: 21.44%
• 10Y*: 17.04%

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

FMV.DE vs. KF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FMV.DE First Majestic Silver Corp	17.31%	179.08%	-5.66%	-29.36%	-17.72%	-6.83%	-4.42%	11.36%
KF The Korea Fund Inc	114.96%	75.70%	-13.96%	8.97%	-25.68%	16.56%	25.84%	1.23%

Correlation

The correlation between FMV.DE and KF is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 19, 2019	0.14

Return for Risk

FMV.DE vs. KF — Risk / Return Rank

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

FMV.DE

FMV.DE Risk / Return Rank: 88
FMV.DE Sharpe Ratio Rank: 92
FMV.DE Sortino Ratio Rank: 87
FMV.DE Omega Ratio Rank: 83
FMV.DE Calmar Ratio Rank: 90
FMV.DE Martin Ratio Rank: 87

KF

KF Risk / Return Rank: 97
KF Sharpe Ratio Rank: 100
KF Sortino Ratio Rank: 96
KF Omega Ratio Rank: 95
KF Calmar Ratio Rank: 98
KF 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.

FMV.DE vs. KF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Majestic Silver Corp (FMV.DE) and The Korea Fund Inc (KF). 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.

	FMV.DE	KF	Difference
Sharpe ratio: Return per unit of total volatility	2.51	5.99	-3.48
Sortino ratio: Return per unit of downside risk	2.89	5.40	-2.51
Omega ratio: Gain probability vs. loss probability	1.34	1.78	-0.44
Calmar ratio: Return relative to maximum drawdown	4.62	9.99	-5.38
Martin ratio: Return relative to average drawdown	9.88	36.00	-26.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FMV.DE vs. KF - Sharpe Ratio Comparison

The current FMV.DE Sharpe Ratio is 2.51, which is lower than the KF Sharpe Ratio of 5.99. The chart below compares the historical Sharpe Ratios of FMV.DE and KF, 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

	FMV.DE	KF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	5.99	-3.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.83	-0.77
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.29	-0.14

Drawdowns

FMV.DE vs. KF - Drawdown Comparison

The maximum FMV.DE drawdown since its inception was -76.99%, roughly equal to the maximum KF drawdown of -73.55%. Use the drawdown chart below to compare losses from any high point for FMV.DE and KF.

Drawdown Indicators

	FMV.DE	KF	Difference
Max Drawdown Largest peak-to-trough decline	-76.99%	-73.55%	-3.44%
Max Drawdown (1Y) Largest decline over 1 year	-39.32%	-23.24%	-16.08%
Max Drawdown (3Y) Largest decline over 3 years	-43.04%	-28.62%	-14.42%
Max Drawdown (5Y) Largest decline over 5 years	-73.54%	-37.00%	-36.54%
Max Drawdown (10Y) Largest decline over 10 years	—	-47.11%	—
Current Drawdown Current decline from peak	-35.43%	-1.52%	-33.91%
Average Drawdown Average peak-to-trough decline	-46.10%	-23.78%	-22.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.41%	6.44%	+11.97%

Volatility

FMV.DE vs. KF - Volatility Comparison

First Majestic Silver Corp (FMV.DE) has a higher volatility of 25.11% compared to The Korea Fund Inc (KF) at 19.81%. This indicates that FMV.DE's price experiences larger fluctuations and is considered to be riskier than KF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMV.DE	KF	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.11%	19.81%	+5.30%
Volatility (6M) Calculated over the trailing 6-month period	56.98%	34.31%	+22.67%
Volatility (1Y) Calculated over the trailing 1-year period	72.39%	38.77%	+33.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.22%	26.00%	+33.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.25%	25.08%	+37.17%

Dividends

FMV.DE vs. KF - Dividend Comparison

FMV.DE's dividend yield for the trailing twelve months is around 0.11%, less than KF's 0.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMV.DE First Majestic Silver Corp	0.11%	0.08%	0.20%	0.22%	0.21%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KF The Korea Fund Inc	0.57%	1.20%	2.46%	0.00%	15.93%	26.50%	1.30%	0.24%	18.67%	9.75%	1.03%	13.66%

Frequently Asked Questions

Can I hold both FMV.DE and KF in my portfolio?

FMV.DE and KF have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.