KMCA vs. MKOR
KMCA (PLUS Korea Manufacturing Core Alliance Index ETF) and MKOR (Matthews Korea Active ETF) are both South Korea Equities funds. KMCA is passively managed, while MKOR is actively managed. Their correlation of 0.92 means they have usually moved in the same direction. KMCA charges 0.65%/yr vs 0.79%/yr for MKOR.
Performance
KMCA vs. MKOR - Performance Comparison
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Returns By Period
KMCA
- 1D
- -1.80%
- 1M
- -21.25%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MKOR
- 1D
- -0.76%
- 1M
- -12.41%
- 6M
- 23.47%
- YTD
- 55.62%
- 1Y
- 103.69%
- 3Y*
- 29.91%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 29.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $150.15K | $231.06K | $267.27K | |
| $718.06K | $1.21M | $1.53M |
KMCA vs. MKOR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
KMCA PLUS Korea Manufacturing Core Alliance Index ETF | -30.63% |
MKOR Matthews Korea Active ETF | -15.28% |
Correlation
The correlation between KMCA and MKOR is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 7, 2026 | 0.92 |
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Return for Risk
KMCA vs. MKOR — Risk / Return Rank
KMCA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MKOR
KMCA vs. MKOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PLUS Korea Manufacturing Core Alliance Index ETF (KMCA) and Matthews Korea Active ETF (MKOR). 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.
| KMCA | MKOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.34 | — |
| Martin ratioReturn relative to average drawdown | — | 12.22 | — |
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Drawdowns
KMCA vs. MKOR - Drawdown Comparison
The maximum KMCA drawdown since its inception was -39.30%, which is greater than MKOR's maximum drawdown of -29.42%. Use the drawdown chart below to compare losses from any high point for KMCA and MKOR.
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Drawdown Indicators
| KMCA | MKOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.30% | -29.42% | -9.88% |
Max Drawdown (1Y)Largest decline over 1 year | — | -29.42% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.42% | — |
Current DrawdownCurrent decline from peak | -35.47% | -24.50% | -10.97% |
Average DrawdownAverage peak-to-trough decline | -14.77% | -6.64% | -8.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.02% | — |
Volatility
KMCA vs. MKOR - Volatility Comparison
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Volatility by Period
| KMCA | MKOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 16.44% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 42.19% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 74.58% | 45.23% | +29.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.58% | 30.56% | +44.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.58% | 30.56% | +44.02% |
KMCA vs. MKOR - Expense Ratio Comparison
KMCA has a 0.65% expense ratio, which is lower than MKOR's 0.79% expense ratio.
Dividends
KMCA vs. MKOR - Dividend Comparison
KMCA has not paid dividends to shareholders, while MKOR's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
KMCA PLUS Korea Manufacturing Core Alliance Index ETF | 0.00% | 0.00% | 0.00% |
MKOR Matthews Korea Active ETF | 1.69% | 2.62% | 5.28% |
Frequently Asked Questions
With a correlation of 0.92, KMCA and MKOR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, KMCA is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
KMCA is cheaper with a 0.65% expense ratio, compared with 0.79% for MKOR.
MKOR has the higher dividend yield at 1.69%, compared with 0.00% for KMCA.
They also come from different issuers: PLUS and Matthews. Their fees differ too: 0.65% for KMCA and 0.79% for MKOR.
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