IKO.AX vs. CORE.AX
IKO.AX (iShares MSCI South Korea ETF (AU)) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. IKO.AX is passively managed, while CORE.AX is actively managed. Over the past year, IKO.AX returned 119.84% vs 15.14% for CORE.AX. At a 0.26 correlation, their price movements are largely independent.
Performance
IKO.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, IKO.AX achieves a 64.31% return, which is significantly higher than CORE.AX's 4.95% return.
IKO.AX
- 1D
- -7.36%
- 1M
- -17.70%
- 6M
- 49.12%
- YTD
- 64.31%
- 1Y
- 119.84%
- 3Y*
- 37.01%
- 5Y*
- 16.67%
- 10Y*
- 14.97%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IKO.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IKO.AX iShares MSCI South Korea ETF (AU) | 64.31% | 56.83% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between IKO.AX and CORE.AX is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.26 |
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Return for Risk
IKO.AX vs. CORE.AX — Risk / Return Rank
IKO.AX
CORE.AX
IKO.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI South Korea ETF (AU) (IKO.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
| IKO.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.28 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 5.18 | 1.68 | +3.50 |
| Martin ratioReturn relative to average drawdown | 15.73 | 4.54 | +11.19 |
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Drawdowns
IKO.AX vs. CORE.AX - Drawdown Comparison
The maximum IKO.AX drawdown since its inception was -57.74%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for IKO.AX and CORE.AX.
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Drawdown Indicators
| IKO.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.74% | -10.20% | -47.54% |
Max Drawdown (1Y)Largest decline over 1 year | -22.15% | -10.20% | -11.95% |
Max Drawdown (3Y)Largest decline over 3 years | -22.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.50% | — | — |
Current DrawdownCurrent decline from peak | -22.11% | -1.34% | -20.77% |
Average DrawdownAverage peak-to-trough decline | -17.29% | -2.60% | -14.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.43% | — | — |
Volatility
IKO.AX vs. CORE.AX - Volatility Comparison
iShares MSCI South Korea ETF (AU) (IKO.AX) has a higher volatility of 21.99% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that IKO.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IKO.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.99% | 2.12% | +19.87% |
Volatility (6M)Calculated over the trailing 6-month period | 42.47% | 7.39% | +35.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.53% | 12.44% | +33.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.00% | 12.50% | +14.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.38% | 12.50% | +10.88% |
Dividends
IKO.AX vs. CORE.AX - Dividend Comparison
IKO.AX's dividend yield for the trailing twelve months is around 5.85%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IKO.AX iShares MSCI South Korea ETF (AU) | 5.85% | 0.93% | 3.03% | 1.08% | 1.86% | 0.87% | 1.84% | 1.44% | 0.00% | 0.75% | 1.85% | 1.07% |
Frequently Asked Questions
IKO.AX and CORE.AX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: iShares and Schroder.
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