IAUS.L vs. KRWL.L
IAUS.L (iShares MSCI Australia UCITS ETF USD (Acc)) and KRWL.L (Lyxor MSCI Korea UCITS ETF - Acc) are both exchange-traded funds - IAUS.L is a Asia Pacific Equities fund tracking the MSCI Australia Index (Net), while KRWL.L is a South Korea Equities fund tracking the MSCI Korea NR USD. Both are passively managed. Over the past 10 years, IAUS.L returned 7.93%/yr vs 14.62%/yr for KRWL.L. A 0.51 correlation means they provide meaningful diversification when combined. IAUS.L charges 0.50%/yr vs 0.45%/yr for KRWL.L.
Performance
IAUS.L vs. KRWL.L - Performance Comparison
Loading charts...
Different Trading Currencies
IAUS.L is traded in USD, while KRWL.L is traded in GBp. To make them comparable, the KRWL.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IAUS.L achieves a 10.07% return, which is significantly lower than KRWL.L's 75.99% return. Over the past 10 years, IAUS.L has underperformed KRWL.L with an annualized return of 7.93%, while KRWL.L has yielded a comparatively higher 14.62% annualized return.
IAUS.L
- 1D
- 0.00%
- 1M
- 0.74%
- 6M
- 9.27%
- YTD
- 10.07%
- 1Y
- 11.31%
- 3Y*
- 11.10%
- 5Y*
- 6.54%
- 10Y*
- 7.93%
- ALL TIME*
- 5.87%
KRWL.L
- 1D
- 5.00%
- 1M
- -19.55%
- 6M
- 53.78%
- YTD
- 75.99%
- 1Y
- 144.53%
- 3Y*
- 40.90%
- 5Y*
- 15.87%
- 10Y*
- 14.62%
- ALL TIME*
- 34.94%
IAUS.L vs. KRWL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAUS.L iShares MSCI Australia UCITS ETF USD (Acc) | 10.07% | 13.86% | 1.70% | 13.84% | -5.50% | 8.27% | 9.46% | 21.85% | -12.47% | 20.13% |
KRWL.L Lyxor MSCI Korea UCITS ETF - Acc | 75.99% | 100.96% | -22.58% | 19.00% | -28.23% | -8.38% | 42.67% | 11.45% | -21.48% | 44.95% |
Correlation
The correlation between IAUS.L and KRWL.L is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2010 | 0.51 |
The correlation between IAUS.L and KRWL.L has been stable across timeframes, ranging from 0.49 to 0.57 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IAUS.L vs. KRWL.L — Risk / Return Rank
IAUS.L
KRWL.L
IAUS.L vs. KRWL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Australia UCITS ETF USD (Acc) (IAUS.L) and Lyxor MSCI Korea UCITS ETF - Acc (KRWL.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.
| IAUS.L | KRWL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.50 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.47 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | 5.67 | -4.51 |
| Martin ratioReturn relative to average drawdown | 2.84 | 17.71 | -14.87 |
Loading charts...
Drawdowns
IAUS.L vs. KRWL.L - Drawdown Comparison
The maximum IAUS.L drawdown since its inception was -44.76%, smaller than the maximum KRWL.L drawdown of -99.00%. Use the drawdown chart below to compare losses from any high point for IAUS.L and KRWL.L.
Loading charts...
Drawdown Indicators
| IAUS.L | KRWL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.76% | -99.00% | +54.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | -25.34% | +15.66% |
Max Drawdown (3Y)Largest decline over 3 years | -23.04% | -28.82% | +5.78% |
Max Drawdown (5Y)Largest decline over 5 years | -24.60% | -47.57% | +22.97% |
Max Drawdown (10Y)Largest decline over 10 years | -44.76% | -99.00% | +54.24% |
Current DrawdownCurrent decline from peak | -4.38% | -20.89% | +16.51% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -22.50% | +13.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 8.13% | -4.15% |
Volatility
IAUS.L vs. KRWL.L - Volatility Comparison
The current volatility for iShares MSCI Australia UCITS ETF USD (Acc) (IAUS.L) is 3.52%, while Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) has a volatility of 20.39%. This indicates that IAUS.L experiences smaller price fluctuations and is considered to be less risky than KRWL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IAUS.L | KRWL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 20.39% | -16.87% |
Volatility (6M)Calculated over the trailing 6-month period | 13.34% | 40.94% | -27.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.89% | 44.87% | -28.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.49% | 29.47% | -9.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.74% | 2,796.64% | -2,775.90% |
IAUS.L vs. KRWL.L - Expense Ratio Comparison
IAUS.L has a 0.50% expense ratio, which is higher than KRWL.L's 0.45% expense ratio.
Dividends
IAUS.L vs. KRWL.L - Dividend Comparison
Neither IAUS.L nor KRWL.L has paid dividends to shareholders.
Frequently Asked Questions
IAUS.L and KRWL.L have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, KRWL.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KRWL.L is cheaper with a 0.45% expense ratio, compared with 0.50% for IAUS.L.
IAUS.L is categorized as Asia Pacific Equities, while KRWL.L is South Korea Equities. IAUS.L tracks MSCI Australia Index (Net), while KRWL.L tracks MSCI Korea NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.50% for IAUS.L and 0.45% for KRWL.L.
Find the right allocation for IAUS.L and KRWL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer