KF vs. ASHIX
KF (The Korea Fund Inc) and ASHIX (Virtus Short Duration High Income Fund) are both mutual funds - KF is a Emerging Markets Equities fund managed by Allianz, while ASHIX is a High Yield Bonds fund managed by Allianz. Over the past 10 years, KF returned 12.77%/yr vs 4.79%/yr for ASHIX. Their 0.35 correlation means their historical movements had little consistent relationship. KF charges 0.01%/yr vs 0.60%/yr for ASHIX.
Performance
KF vs. ASHIX - Performance Comparison
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Returns By Period
In the year-to-date period, KF achieves a 52.92% return, which is significantly higher than ASHIX's 1.52% return. Over the past 10 years, KF has outperformed ASHIX with an annualized return of 12.77%, while ASHIX has yielded a comparatively lower 4.79% annualized return.
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%
ASHIX
- 1D
- 0.00%
- 1M
- -0.52%
- 6M
- 1.02%
- YTD
- 1.52%
- 1Y
- 4.07%
- 3Y*
- 7.00%
- 5Y*
- 4.87%
- 10Y*
- 4.79%
- ALL TIME*
- 5.03%
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. ASHIX - 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% |
ASHIX Virtus Short Duration High Income Fund | 1.52% | 6.61% | 7.61% | 12.55% | -5.21% | 5.35% | 6.00% | 7.97% | -0.03% | 4.27% |
Correlation
The correlation between KF and ASHIX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 3, 2011 | 0.35 |
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Return for Risk
KF vs. ASHIX — Risk / Return Rank
KF
ASHIX
KF vs. ASHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Korea Fund Inc (KF) and Virtus Short Duration High Income Fund (ASHIX). 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 | ASHIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.39 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 2.31 | +0.62 |
| Martin ratioReturn relative to average drawdown | 10.48 | 11.16 | -0.69 |
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Drawdowns
KF vs. ASHIX - Drawdown Comparison
The maximum KF drawdown since its inception was -85.25%, which is greater than ASHIX's maximum drawdown of -19.54%. Use the drawdown chart below to compare losses from any high point for KF and ASHIX.
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Drawdown Indicators
| KF | ASHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.25% | -19.54% | -65.71% |
Max Drawdown (1Y)Largest decline over 1 year | -35.19% | -1.77% | -33.42% |
Max Drawdown (3Y)Largest decline over 3 years | -35.19% | -3.20% | -31.99% |
Max Drawdown (5Y)Largest decline over 5 years | -46.83% | -9.33% | -37.50% |
Max Drawdown (10Y)Largest decline over 10 years | -52.91% | -19.54% | -33.37% |
Current DrawdownCurrent decline from peak | -30.62% | -0.59% | -30.03% |
Average DrawdownAverage peak-to-trough decline | -37.80% | -0.97% | -36.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.82% | 0.37% | +9.45% |
Volatility
KF vs. ASHIX - Volatility Comparison
The Korea Fund Inc (KF) has a higher volatility of 18.84% compared to Virtus Short Duration High Income Fund (ASHIX) at 0.41%. This indicates that KF's price experiences larger fluctuations and is considered to be riskier than ASHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KF | ASHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.84% | 0.41% | +18.43% |
Volatility (6M)Calculated over the trailing 6-month period | 46.99% | 2.05% | +44.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.38% | 2.52% | +47.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.66% | 3.42% | +27.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.58% | 4.15% | +23.43% |
KF vs. ASHIX - Expense Ratio Comparison
KF has a 0.02% expense ratio, which is lower than ASHIX's 0.60% expense ratio.
Dividends
KF vs. ASHIX - Dividend Comparison
KF's dividend yield for the trailing twelve months is around 0.79%, less than ASHIX's 5.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASHIX Virtus Short Duration High Income Fund | 5.98% | 6.68% | 7.01% | 6.45% | 6.22% | 5.53% | 5.95% | 5.41% | 5.64% | 5.02% | 5.36% | 6.44% |
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 ASHIX have a correlation of 0.43, 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 ASHIX (0.41%). In terms of maximum drawdown, KF dropped -85.25% vs ASHIX's -19.54%.
KF currently has the higher Sharpe Ratio (2.05 vs 1.62), 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.
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