KRWL.L vs. ^IBEX
KRWL.L (Lyxor MSCI Korea UCITS ETF - Acc) is Asia Pacific Equities fund tracking the MSCI Korea NR USD, while ^IBEX (IBEX 35 Index) is an index. Over the past 5 years, KRWL.L returned 19.95%/yr vs 15.15%/yr for ^IBEX. At a 0.40 correlation, their price movements are largely independent.
Performance
KRWL.L vs. ^IBEX - Performance Comparison
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Different Trading Currencies
KRWL.L is traded in GBp, while ^IBEX is traded in EUR. To make them comparable, the ^IBEX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, KRWL.L achieves a 106.66% return, which is significantly higher than ^IBEX's 4.77% return.
KRWL.L
- 1D
- -4.89%
- 1M
- 11.73%
- YTD
- 106.66%
- 6M
- 119.98%
- 1Y
- 227.67%
- 3Y*
- 45.48%
- 5Y*
- 19.95%
- 10Y*
- —
^IBEX
- 1D
- 0.63%
- 1M
- 1.03%
- YTD
- 4.77%
- 6M
- 8.45%
- 1Y
- 32.00%
- 3Y*
- 25.47%
- 5Y*
- 15.15%
- 10Y*
- 8.60%
KRWL.L vs. ^IBEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KRWL.L Lyxor MSCI Korea UCITS ETF - Acc | 106.66% | 86.86% | -21.27% | 13.04% | -19.64% | -7.54% | 38.43% | 7.15% | -12.12% |
^IBEX IBEX 35 Index | 4.77% | 57.26% | 9.56% | 20.31% | -0.39% | 1.23% | -10.67% | 5.47% | -11.84% |
Correlation
The correlation between KRWL.L and ^IBEX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 2018 | 0.40 |
The correlation between KRWL.L and ^IBEX shifts across timeframes, from 0.24 (1 year) to 0.40 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
KRWL.L vs. ^IBEX — Risk / Return Rank
KRWL.L
^IBEX
KRWL.L vs. ^IBEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) and IBEX 35 Index (^IBEX). 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.
| KRWL.L | ^IBEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.19 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.37 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 10.93 | 3.08 | +7.85 |
| Martin ratioReturn relative to average drawdown | 38.59 | 9.94 | +28.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KRWL.L | ^IBEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.22 | 2.03 | +4.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.78 | 0.89 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.10 | +0.51 |
Drawdowns
KRWL.L vs. ^IBEX - Drawdown Comparison
The maximum KRWL.L drawdown since its inception was -44.10%, smaller than the maximum ^IBEX drawdown of -59.52%. Use the drawdown chart below to compare losses from any high point for KRWL.L and ^IBEX.
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Drawdown Indicators
| KRWL.L | ^IBEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.10% | -59.52% | +15.42% |
Max Drawdown (1Y)Largest decline over 1 year | -21.55% | -10.44% | -11.11% |
Max Drawdown (3Y)Largest decline over 3 years | -28.42% | -10.44% | -17.98% |
Max Drawdown (5Y)Largest decline over 5 years | -40.54% | -20.57% | -19.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.73% | — |
Current DrawdownCurrent decline from peak | -5.36% | -2.32% | -3.04% |
Average DrawdownAverage peak-to-trough decline | -19.40% | -27.01% | +7.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.11% | 3.27% | +2.84% |
Volatility
KRWL.L vs. ^IBEX - Volatility Comparison
Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) has a higher volatility of 17.51% compared to IBEX 35 Index (^IBEX) at 4.35%. This indicates that KRWL.L's price experiences larger fluctuations and is considered to be riskier than ^IBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRWL.L | ^IBEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.51% | 4.35% | +13.16% |
Volatility (6M)Calculated over the trailing 6-month period | 32.27% | 13.23% | +19.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.87% | 15.83% | +22.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.51% | 16.61% | +8.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.79% | 18.36% | +7.43% |
Frequently Asked Questions
KRWL.L and ^IBEX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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