KF vs. WSTCX

Last updated Jul 1, 2026

KF (The Korea Fund Inc) and WSTCX (Delaware Ivy Science and Technology Fund) are both mutual funds - KF is a Emerging Markets Equities fund managed by Allianz Global Investors, while WSTCX is a Technology Equities fund managed by Ivy Funds. Over the past 10 years, KF returned 16.77%/yr vs 28.03%/yr for WSTCX. A 0.51 correlation means they provide meaningful diversification when combined. KF charges 0.01%/yr vs 2.14%/yr for WSTCX.

Performance

KF vs. WSTCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Korea Fund Inc (KF) and Delaware Ivy Science and Technology Fund (WSTCX). 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 WSTCX's 39.92% return. Over the past 10 years, KF has underperformed WSTCX with an annualized return of 16.77%, while WSTCX has yielded a comparatively higher 28.03% annualized return.

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%

WSTCX

• 1D: 2.52%
• 1M: 2.25%
• YTD: 39.92%
• 6M: 38.79%
• 1Y: 60.31%
• 3Y*: 64.85%
• 5Y*: 30.75%
• 10Y*: 28.03%

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

KF vs. WSTCX - 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%
WSTCX Delaware Ivy Science and Technology Fund	39.92%	32.86%	117.81%	39.18%	-33.22%	12.80%	35.09%	49.22%	-5.97%	31.79%

Correlation

The correlation between KF and WSTCX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jul 31, 1997	0.51

The correlation between KF and WSTCX shifts across timeframes, from 0.51 (all time) to 0.70 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KF vs. WSTCX — 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

WSTCX

WSTCX Risk / Return Rank: 81
WSTCX Sharpe Ratio Rank: 84
WSTCX Sortino Ratio Rank: 72
WSTCX Omega Ratio Rank: 75
WSTCX Calmar Ratio Rank: 88
WSTCX Martin Ratio Rank: 85

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. WSTCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Korea Fund Inc (KF) and Delaware Ivy Science and Technology Fund (WSTCX). 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	WSTCX	Difference
Sharpe ratio: Return per unit of total volatility	3.98	2.31	+1.67
Sortino ratio: Return per unit of downside risk	3.81	2.81	+1.00
Omega ratio: Gain probability vs. loss probability	1.58	1.39	+0.19
Calmar ratio: Return relative to maximum drawdown	7.23	3.68	+3.55
Martin ratio: Return relative to average drawdown	25.50	12.94	+12.56

KF vs. WSTCX - Sharpe Ratio Comparison

The current KF Sharpe Ratio is 3.98, which is higher than the WSTCX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of KF and WSTCX, 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. WSTCX - Drawdown Comparison

The maximum KF drawdown since its inception was -85.25%, which is greater than WSTCX's maximum drawdown of -60.92%. Use the drawdown chart below to compare losses from any high point for KF and WSTCX.

Drawdown Indicators

	KF	WSTCX	Difference
Max Drawdown Largest peak-to-trough decline	-85.25%	-60.92%	-24.33%
Max Drawdown (1Y) Largest decline over 1 year	-25.42%	-16.84%	-8.58%
Max Drawdown (3Y) Largest decline over 3 years	-28.04%	-44.66%	+16.62%
Max Drawdown (5Y) Largest decline over 5 years	-47.02%	-60.92%	+13.90%
Max Drawdown (10Y) Largest decline over 10 years	-52.91%	-60.92%	+8.01%
Current Drawdown Current decline from peak	-6.05%	-3.74%	-2.31%
Average Drawdown Average peak-to-trough decline	-37.83%	-18.36%	-19.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.20%	4.77%	+2.43%

Volatility

KF vs. WSTCX - Volatility Comparison

The Korea Fund Inc (KF) has a higher volatility of 25.49% compared to Delaware Ivy Science and Technology Fund (WSTCX) at 13.70%. This indicates that KF's price experiences larger fluctuations and is considered to be riskier than WSTCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KF	WSTCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.49%	13.70%	+11.79%
Volatility (6M) Calculated over the trailing 6-month period	43.03%	22.31%	+20.72%
Volatility (1Y) Calculated over the trailing 1-year period	46.24%	26.88%	+19.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.37%	74.69%	-45.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.87%	55.13%	-28.26%

KF vs. WSTCX - Expense Ratio Comparison

KF has a 0.02% expense ratio, which is lower than WSTCX's 2.14% expense ratio.

Dividends

KF vs. WSTCX - Dividend Comparison

KF's dividend yield for the trailing twelve months is around 0.58%, less than WSTCX's 9.54% 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%
WSTCX Delaware Ivy Science and Technology Fund	9.54%	13.35%	81.76%	21.98%	57.60%	61.50%	11.27%	13.85%	16.72%	7.61%	0.00%	2.85%

Frequently Asked Questions

Can I hold both KF and WSTCX in my portfolio?

KF and WSTCX have a correlation of 0.70, 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 WSTCX?

KF has higher volatility (25.49%) compared to WSTCX (13.70%). In terms of maximum drawdown, KF dropped -85.25% vs WSTCX's -60.92%.

Which has better risk-adjusted returns?

KF currently has the higher Sharpe Ratio (3.98 vs 2.31), 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.