KF vs. SLV
KF (The Korea Fund Inc) and SLV (iShares Silver Trust) are both funds - KF is a Emerging Markets Equities fund managed by Allianz Global Investors, while SLV is a Silver fund tracking the LBMA Silver Price. Over the past 10 years, KF returned 14.10%/yr vs 10.57%/yr for SLV. At a 0.25 correlation, their price movements are largely independent. KF charges 0.01%/yr vs 0.50%/yr for SLV.
Performance
KF vs. SLV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KF achieves a 67.98% return, which is significantly higher than SLV's -20.86% return. Over the past 10 years, KF has outperformed SLV with an annualized return of 14.10%, while SLV has yielded a comparatively lower 10.57% annualized return.
KF
- 1D
- 0.86%
- 1M
- -23.79%
- 6M
- 46.80%
- YTD
- 67.98%
- 1Y
- 126.73%
- 3Y*
- 39.52%
- 5Y*
- 15.72%
- 10Y*
- 14.10%
- ALL TIME*
- 7.29%
SLV
- 1D
- 0.39%
- 1M
- -14.33%
- 6M
- -37.08%
- YTD
- -20.86%
- 1Y
- 47.30%
- 3Y*
- 31.21%
- 5Y*
- 16.83%
- 10Y*
- 10.57%
- ALL TIME*
- 7.03%
KF vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KF The Korea Fund Inc | 67.98% | 99.36% | -19.29% | 12.34% | -30.02% | 8.44% | 37.14% | 6.83% | -19.26% | 42.50% |
SLV iShares Silver Trust | -20.86% | 144.66% | 20.89% | -1.09% | 2.37% | -12.45% | 47.30% | 14.88% | -9.19% | 5.82% |
Correlation
The correlation between KF and SLV is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2006 | 0.25 |
The correlation between KF and SLV shifts across timeframes, from 0.25 (all time) to 0.37 (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. SLV — Risk / Return Rank
KF
SLV
KF vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Korea Fund Inc (KF) and iShares Silver Trust (SLV). 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 | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.19 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | 0.91 | +4.11 |
| Martin ratioReturn relative to average drawdown | 15.30 | 1.85 | +13.45 |
Loading charts...
Drawdowns
KF vs. SLV - Drawdown Comparison
The maximum KF drawdown since its inception was -85.25%, which is greater than SLV's maximum drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for KF and SLV.
Loading charts...
Drawdown Indicators
| KF | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.25% | -76.28% | -8.97% |
Max Drawdown (1Y)Largest decline over 1 year | -25.42% | -52.28% | +26.86% |
Max Drawdown (3Y)Largest decline over 3 years | -28.04% | -52.28% | +24.24% |
Max Drawdown (5Y)Largest decline over 5 years | -46.83% | -52.28% | +5.45% |
Max Drawdown (10Y)Largest decline over 10 years | -52.91% | -52.28% | -0.63% |
Current DrawdownCurrent decline from peak | -23.79% | -51.72% | +27.93% |
Average DrawdownAverage peak-to-trough decline | -37.81% | -44.67% | +6.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.31% | 25.64% | -17.33% |
Volatility
KF vs. SLV - Volatility Comparison
The Korea Fund Inc (KF) has a higher volatility of 20.94% compared to iShares Silver Trust (SLV) at 12.54%. This indicates that KF's price experiences larger fluctuations and is considered to be riskier than SLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KF | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.94% | 12.54% | +8.40% |
Volatility (6M)Calculated over the trailing 6-month period | 45.16% | 56.50% | -11.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.31% | 61.24% | -12.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.99% | 36.87% | -6.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.21% | 32.18% | -4.97% |
KF vs. SLV - Expense Ratio Comparison
KF has a 0.02% expense ratio, which is lower than SLV's 0.50% expense ratio.
Dividends
KF vs. SLV - Dividend Comparison
KF's dividend yield for the trailing twelve months is around 0.72%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KF The Korea Fund Inc | 0.72% | 1.20% | 2.46% | 0.00% | 15.93% | 26.50% | 1.30% | 0.24% | 18.67% | 9.75% | 1.03% | 13.66% |
SLV iShares Silver Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KF and SLV have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KF has higher volatility (20.94%) compared to SLV (12.54%). In terms of maximum drawdown, KF dropped -85.25% vs SLV's -76.28%.
KF currently has the higher Sharpe Ratio (2.64 vs 0.78), 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 SLV
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