MKOR vs. EWY
Compare and contrast key facts about Matthews Korea Active ETF (MKOR) and iShares MSCI South Korea ETF (EWY).
MKOR and EWY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MKOR is an actively managed fund by Matthews. It was launched on Oct 29, 2010. EWY is a passively managed fund by iShares that tracks the performance of the MSCI Korea Index. It was launched on May 12, 2000.
Performance
MKOR vs. EWY - Performance Comparison
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MKOR vs. EWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MKOR Matthews Korea Active ETF | 26.80% | 70.33% | -15.76% | -2.16% |
EWY iShares MSCI South Korea ETF | 26.53% | 95.33% | -20.48% | -0.44% |
Returns By Period
The year-to-date returns for both stocks are quite close, with MKOR having a 26.80% return and EWY slightly lower at 26.53%.
MKOR
- 1D
- 5.51%
- 1M
- -16.25%
- YTD
- 26.80%
- 6M
- 48.56%
- 1Y
- 109.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EWY
- 1D
- 5.65%
- 1M
- -18.74%
- YTD
- 26.53%
- 6M
- 57.02%
- 1Y
- 132.74%
- 3Y*
- 29.24%
- 5Y*
- 8.53%
- 10Y*
- 11.06%
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MKOR vs. EWY - Expense Ratio Comparison
MKOR has a 0.79% expense ratio, which is higher than EWY's 0.59% expense ratio.
Return for Risk
MKOR vs. EWY — Risk / Return Rank
MKOR
EWY
MKOR vs. EWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Korea Active ETF (MKOR) 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.
| MKOR | EWY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.49 | 3.68 | -0.19 |
Sortino ratioReturn per unit of downside risk | 3.88 | 3.87 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.55 | 1.55 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 5.23 | 5.61 | -0.38 |
Martin ratioReturn relative to average drawdown | 22.29 | 22.88 | -0.59 |
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
| MKOR | EWY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.49 | 3.68 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.32 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.42 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.27 | +0.72 |
Correlation
The correlation between MKOR and EWY is 0.95, 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
MKOR vs. EWY - Dividend Comparison
MKOR's dividend yield for the trailing twelve months is around 2.07%, more than EWY's 1.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKOR Matthews Korea Active ETF | 2.07% | 2.62% | 5.28% | 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
MKOR vs. EWY - Drawdown Comparison
The maximum MKOR drawdown since its inception was -22.09%, smaller than the maximum EWY drawdown of -74.14%. Use the drawdown chart below to compare losses from any high point for MKOR and EWY.
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Drawdown Indicators
| MKOR | EWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.09% | -74.14% | +52.05% |
Max Drawdown (1Y)Largest decline over 1 year | -20.62% | -23.08% | +2.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -16.25% | -18.74% | +2.49% |
Average DrawdownAverage peak-to-trough decline | -6.39% | -20.23% | +13.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.84% | 5.66% | -0.82% |
Volatility
MKOR vs. EWY - Volatility Comparison
The current volatility for Matthews Korea Active ETF (MKOR) is 20.30%, while iShares MSCI South Korea ETF (EWY) has a volatility of 22.66%. This indicates that MKOR 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.
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Volatility by Period
| MKOR | EWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.30% | 22.66% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 27.34% | 31.11% | -3.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.64% | 36.32% | -4.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.25% | 26.61% | -2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.25% | 26.19% | -1.94% |