LKOR.DE vs. EWY

Last updated Apr 3, 2026

Compare and contrast key facts about Amundi MSCI Korea UCITS ETF Acc (LKOR.DE) and iShares MSCI South Korea ETF (EWY).

LKOR.DE and EWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LKOR.DE is a passively managed fund by Amundi that tracks the performance of the MSCI Korea 20/35. It was launched on Feb 21, 2019. EWY is a passively managed fund by iShares that tracks the performance of the MSCI Korea Index. It was launched on May 12, 2000. Both LKOR.DE and EWY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

LKOR.DE vs. EWY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Amundi MSCI Korea UCITS ETF Acc (LKOR.DE) and iShares MSCI South Korea ETF (EWY). The values are adjusted to include any dividend payments, if applicable.

LKOR.DE vs. EWY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LKOR.DE Amundi MSCI Korea UCITS ETF Acc	27.96%	77.71%	-17.75%	15.66%	-23.88%	-0.89%	29.98%	14.67%	-18.27%	28.10%
EWY iShares MSCI South Korea ETF	28.67%	72.15%	-15.23%	15.48%	-22.04%	-0.67%	27.94%	10.40%	-16.63%	27.16%

Different Trading Currencies

LKOR.DE is traded in EUR, while EWY is traded in USD. To make them comparable, the EWY values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with LKOR.DE having a 27.96% return and EWY slightly higher at 28.67%. Both investments have delivered pretty close results over the past 10 years, with LKOR.DE having a 11.21% annualized return and EWY not far behind at 10.98%.

LKOR.DE

• 1D: -3.77%
• 1M: -5.72%
• YTD: 27.96%
• 6M: 56.11%
• 1Y: 121.49%
• 3Y*: 27.51%
• 5Y*: 8.52%
• 10Y*: 11.21%

EWY

• 1D: -2.21%
• 1M: -6.55%
• YTD: 28.67%
• 6M: 52.78%
• 1Y: 115.84%
• 3Y*: 27.02%
• 5Y*: 8.96%
• 10Y*: 10.98%

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

LKOR.DE vs. EWY - Expense Ratio Comparison

LKOR.DE has a 0.45% expense ratio, which is lower than EWY's 0.59% expense ratio.

EWY

iShares MSCI South Korea ETF

LKOR.DE

Amundi MSCI Korea UCITS ETF Acc

Return for Risk

LKOR.DE vs. EWY — Risk / Return Rank

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

LKOR.DE

LKOR.DE Risk / Return Rank: 97
LKOR.DE Sharpe Ratio Rank: 98
LKOR.DE Sortino Ratio Rank: 98
LKOR.DE Omega Ratio Rank: 97
LKOR.DE Calmar Ratio Rank: 97
LKOR.DE Martin Ratio Rank: 97

EWY

EWY Risk / Return Rank: 97
EWY Sharpe Ratio Rank: 98
EWY Sortino Ratio Rank: 97
EWY Omega Ratio Rank: 96
EWY Calmar Ratio Rank: 97
EWY Martin Ratio Rank: 97

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.

LKOR.DE vs. EWY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Korea UCITS ETF Acc (LKOR.DE) and iShares MSCI South Korea ETF (EWY). 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.

	LKOR.DE	EWY	Difference
Sharpe ratio Return per unit of total volatility	3.67	3.26	+0.41
Sortino ratio Return per unit of downside risk	4.12	3.54	+0.58
Omega ratio Gain probability vs. loss probability	1.57	1.50	+0.06
Calmar ratio Return relative to maximum drawdown	6.19	5.53	+0.66
Martin ratio Return relative to average drawdown	23.83	19.80	+4.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LKOR.DE vs. EWY - Sharpe Ratio Comparison

The current LKOR.DE Sharpe Ratio is 3.67, which is comparable to the EWY Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of LKOR.DE and EWY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LKOR.DE	EWY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.67	3.26	+0.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.36	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.44	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.22	+0.04

Correlation

The correlation between LKOR.DE and EWY is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

LKOR.DE vs. EWY - Dividend Comparison

LKOR.DE has not paid dividends to shareholders, while EWY's dividend yield for the trailing twelve months is around 1.66%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LKOR.DE Amundi MSCI Korea UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EWY iShares MSCI South Korea ETF	1.66%	2.10%	2.55%	2.52%	1.23%	2.16%	0.73%	2.10%	1.34%	2.90%	1.21%	2.42%

Drawdowns

LKOR.DE vs. EWY - Drawdown Comparison

The maximum LKOR.DE drawdown since its inception was -68.29%, roughly equal to the maximum EWY drawdown of -69.93%. Use the drawdown chart below to compare losses from any high point for LKOR.DE and EWY.

Drawdown Indicators

	LKOR.DE	EWY	Difference
Max Drawdown Largest peak-to-trough decline	-68.29%	-74.14%	+5.85%
Max Drawdown (1Y) Largest decline over 1 year	-21.02%	-23.08%	+2.06%
Max Drawdown (5Y) Largest decline over 5 years	-41.23%	-48.55%	+7.32%
Max Drawdown (10Y) Largest decline over 10 years	-41.81%	-49.73%	+7.92%
Current Drawdown Current decline from peak	-16.91%	-18.83%	+1.92%
Average Drawdown Average peak-to-trough decline	-17.65%	-20.23%	+2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.46%	5.87%	-0.41%

Volatility

LKOR.DE vs. EWY - Volatility Comparison

The current volatility for Amundi MSCI Korea UCITS ETF Acc (LKOR.DE) is 16.47%, while iShares MSCI South Korea ETF (EWY) has a volatility of 19.06%. This indicates that LKOR.DE experiences smaller price fluctuations and is considered to be less risky than EWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LKOR.DE	EWY	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.47%	19.06%	-2.59%
Volatility (6M) Calculated over the trailing 6-month period	28.48%	30.24%	-1.76%
Volatility (1Y) Calculated over the trailing 1-year period	32.91%	35.74%	-2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.79%	24.64%	-0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.89%	25.02%	-1.13%