KF vs. ANNPX
KF (The Korea Fund Inc) and ANNPX (Virtus Convertible Fund) are both mutual funds - KF is a Emerging Markets Equities fund managed by Allianz, while ANNPX is a Convertible Bonds fund managed by Allianz. Over the past 10 years, KF returned 12.77%/yr vs 13.40%/yr for ANNPX. Their 0.46 correlation means their historical movements had little consistent relationship. KF charges 0.01%/yr vs 0.71%/yr for ANNPX.
Performance
KF vs. ANNPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KF achieves a 52.92% return, which is significantly higher than ANNPX's 13.93% return. Both investments have delivered pretty close results over the past 10 years, with KF having a 12.77% annualized return and ANNPX not far ahead at 13.40%.
KF
- 1D
- -2.46%
- 1M
- -18.91%
- 6M
- 19.78%
- YTD
- 52.92%
- 1Y
- 109.71%
- 3Y*
- 33.59%
- 5Y*
- 13.63%
- 10Y*
- 12.77%
- ALL TIME*
- 7.03%
ANNPX
- 1D
- 2.60%
- 1M
- -2.60%
- 6M
- 9.03%
- YTD
- 13.93%
- 1Y
- 29.08%
- 3Y*
- 16.92%
- 5Y*
- 7.14%
- 10Y*
- 13.40%
- ALL TIME*
- 7.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $1.71M | $1.51M | $1.67M |
KF vs. ANNPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KF The Korea Fund Inc | 52.92% | 99.36% | -19.29% | 12.34% | -30.02% | 8.44% | 37.14% | 6.83% | -19.26% | 42.50% |
ANNPX Virtus Convertible Fund | 13.93% | 22.50% | 14.13% | 8.39% | -18.65% | 4.96% | 55.99% | 26.45% | 2.76% | 15.22% |
Correlation
The correlation between KF and ANNPX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 1993 | 0.46 |
The correlation between KF and ANNPX shifts across timeframes, from 0.46 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.
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
KF vs. ANNPX — Risk / Return Rank
KF
ANNPX
KF vs. ANNPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Korea Fund Inc (KF) and Virtus Convertible Fund (ANNPX). 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.
| KF | ANNPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 3.05 | -0.12 |
| Martin ratioReturn relative to average drawdown | 10.48 | 11.64 | -1.17 |
Loading charts...
Drawdowns
KF vs. ANNPX - Drawdown Comparison
The maximum KF drawdown since its inception was -85.25%, which is greater than ANNPX's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for KF and ANNPX.
Loading charts...
Drawdown Indicators
| KF | ANNPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.25% | -55.61% | -29.64% |
Max Drawdown (1Y)Largest decline over 1 year | -35.19% | -9.06% | -26.13% |
Max Drawdown (3Y)Largest decline over 3 years | -35.19% | -13.67% | -21.52% |
Max Drawdown (5Y)Largest decline over 5 years | -46.83% | -26.85% | -19.98% |
Max Drawdown (10Y)Largest decline over 10 years | -52.91% | -27.36% | -25.55% |
Current DrawdownCurrent decline from peak | -30.62% | -6.70% | -23.92% |
Average DrawdownAverage peak-to-trough decline | -37.80% | -17.38% | -20.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.82% | 2.37% | +7.45% |
Volatility
KF vs. ANNPX - Volatility Comparison
The Korea Fund Inc (KF) has a higher volatility of 18.84% compared to Virtus Convertible Fund (ANNPX) at 5.32%. This indicates that KF's price experiences larger fluctuations and is considered to be riskier than ANNPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KF | ANNPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.84% | 5.32% | +13.52% |
Volatility (6M)Calculated over the trailing 6-month period | 46.99% | 12.96% | +34.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.38% | 15.75% | +34.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.66% | 13.19% | +17.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.58% | 13.73% | +13.85% |
KF vs. ANNPX - Expense Ratio Comparison
KF has a 0.02% expense ratio, which is lower than ANNPX's 0.71% expense ratio.
Dividends
KF vs. ANNPX - Dividend Comparison
KF's dividend yield for the trailing twelve months is around 0.79%, less than ANNPX's 9.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANNPX Virtus Convertible Fund | 9.68% | 11.32% | 2.31% | 2.56% | 1.55% | 20.74% | 6.94% | 5.12% | 18.79% | 23.47% | 2.88% | 10.63% |
KF The Korea Fund Inc | 0.79% | 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
KF and ANNPX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KF has higher volatility (18.84%) compared to ANNPX (5.32%). In terms of maximum drawdown, KF dropped -85.25% vs ANNPX's -55.61%.
KF currently has the higher Sharpe Ratio (2.05 vs 1.75), 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.
Find the right allocation for KF and ANNPX
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