KF vs. SVM

Last updated Jul 1, 2026

KF (The Korea Fund Inc) is Emerging Markets Equities fund managed by Allianz Global Investors, while SVM (Silvercorp Metals Inc.) is a stock. Over the past 10 years, KF returned 16.77%/yr vs 16.92%/yr for SVM. At a 0.26 correlation, their price movements are largely independent.

Performance

KF vs. SVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Korea Fund Inc (KF) and Silvercorp Metals Inc. (SVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KF achieves a 107.08% return, which is significantly higher than SVM's 21.23% return. Both investments have delivered pretty close results over the past 10 years, with KF having a 16.77% annualized return and SVM not far ahead at 16.92%.

KF

• 1D: 3.30%
• 1M: 0.68%
• YTD: 107.08%
• 6M: 104.71%
• 1Y: 182.72%
• 3Y*: 49.92%
• 5Y*: 20.00%
• 10Y*: 16.77%

SVM

• 1D: -7.51%
• 1M: -20.20%
• YTD: 21.23%
• 6M: 17.83%
• 1Y: 140.00%
• 3Y*: 53.92%
• 5Y*: 13.81%
• 10Y*: 16.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KF vs. SVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KF The Korea Fund Inc	107.08%	99.36%	-19.29%	12.34%	-30.02%	8.44%	37.14%	6.83%	-19.26%	42.50%
SVM Silvercorp Metals Inc.	21.23%	179.29%	14.88%	-10.33%	-20.60%	-43.52%	18.54%	172.27%	-18.96%	12.52%

Correlation

The correlation between KF and SVM is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
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	0.22
Correlation (All Time) Calculated using the full available price history since May 2, 2005	0.26

The correlation between KF and SVM shifts across timeframes, from 0.22 (10 years) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KF vs. SVM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KF

KF Risk / Return Rank: 95
KF Sharpe Ratio Rank: 99
KF Sortino Ratio Rank: 89
KF Omega Ratio Rank: 90
KF Calmar Ratio Rank: 98
KF Martin Ratio Rank: 98

SVM

SVM Risk / Return Rank: 86
SVM Sharpe Ratio Rank: 90
SVM Sortino Ratio Rank: 83
SVM Omega Ratio Rank: 82
SVM Calmar Ratio Rank: 88
SVM Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KF vs. SVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Korea Fund Inc (KF) and Silvercorp Metals Inc. (SVM). 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	SVM	Difference
Sharpe ratio: Return per unit of total volatility	3.98	2.00	+1.98
Sortino ratio: Return per unit of downside risk	3.81	2.34	+1.48
Omega ratio: Gain probability vs. loss probability	1.58	1.30	+0.28
Calmar ratio: Return relative to maximum drawdown	7.23	3.61	+3.63
Martin ratio: Return relative to average drawdown	25.50	9.64	+15.86

KF vs. SVM - Sharpe Ratio Comparison

The current KF Sharpe Ratio is 3.98, which is higher than the SVM Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of KF and SVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KF vs. SVM - Drawdown Comparison

The maximum KF drawdown since its inception was -85.25%, smaller than the maximum SVM drawdown of -98.00%. Use the drawdown chart below to compare losses from any high point for KF and SVM.

Drawdown Indicators

	KF	SVM	Difference
Max Drawdown Largest peak-to-trough decline	-85.25%	-98.00%	+12.75%
Max Drawdown (1Y) Largest decline over 1 year	-25.42%	-39.02%	+13.60%
Max Drawdown (3Y) Largest decline over 3 years	-28.04%	-42.86%	+14.82%
Max Drawdown (5Y) Largest decline over 5 years	-47.02%	-62.98%	+15.96%
Max Drawdown (10Y) Largest decline over 10 years	-52.91%	-76.19%	+23.28%
Current Drawdown Current decline from peak	-6.05%	-48.92%	+42.87%
Average Drawdown Average peak-to-trough decline	-37.83%	-71.59%	+33.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.20%	14.57%	-7.37%

Volatility

KF vs. SVM - Volatility Comparison

The current volatility for The Korea Fund Inc (KF) is 25.49%, while Silvercorp Metals Inc. (SVM) has a volatility of 27.03%. This indicates that KF experiences smaller price fluctuations and is considered to be less risky than SVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KF	SVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.49%	27.03%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	43.03%	57.80%	-14.77%
Volatility (1Y) Calculated over the trailing 1-year period	46.24%	70.44%	-24.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.37%	56.00%	-26.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.87%	61.93%	-35.06%

Dividends

KF vs. SVM - Dividend Comparison

KF's dividend yield for the trailing twelve months is around 0.58%, more than SVM's 0.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KF The Korea Fund Inc	0.58%	1.20%	2.46%	0.00%	15.93%	26.50%	1.30%	0.24%	18.67%	9.75%	1.03%	13.66%
SVM Silvercorp Metals Inc.	0.25%	0.30%	0.83%	0.95%	0.84%	0.66%	0.37%	0.44%	1.19%	0.76%	0.43%	2.13%

Frequently Asked Questions

Can I hold both KF and SVM in my portfolio?

KF and SVM have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KF or SVM?

SVM has higher volatility (27.03%) compared to KF (25.49%). In terms of maximum drawdown, KF dropped -85.25% vs SVM's -98.00%.

Which has better risk-adjusted returns?

KF currently has the higher Sharpe Ratio (3.98 vs 2.00), 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.