MKOR vs. MU
MKOR (Matthews Korea Active ETF) is Asia Pacific Equities fund actively managed by Matthews, while MU (Micron Technology, Inc.) is a stock. Over the past year, MKOR returned 180.86% vs 843.42% for MU. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
MKOR vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, MKOR achieves a 105.30% return, which is significantly lower than MU's 281.36% return.
MKOR
- 1D
- 5.43%
- 1M
- 18.33%
- YTD
- 105.30%
- 6M
- 118.25%
- 1Y
- 180.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- 10.84%
- 1M
- 50.14%
- YTD
- 281.36%
- 6M
- 358.48%
- 1Y
- 843.42%
- 3Y*
- 153.49%
- 5Y*
- 69.18%
- 10Y*
- 57.08%
MKOR vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MKOR Matthews Korea Active ETF | 105.30% | 70.33% | -15.76% | -2.52% |
MU Micron Technology, Inc. | 281.36% | 240.24% | -0.96% | 33.58% |
Correlation
The correlation between MKOR and MU is 0.59, 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 | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2023 | 0.51 |
The correlation between MKOR and MU has been stable across timeframes, ranging from 0.51 to 0.59 - a consistent structural relationship.
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Return for Risk
MKOR vs. MU — Risk / Return Rank
MKOR
MU
MKOR vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Korea Active ETF (MKOR) and Micron Technology, Inc. (MU). 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.
| MKOR | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.60 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.82 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 8.83 | 28.14 | -19.31 |
| Martin ratioReturn relative to average drawdown | 32.45 | 106.90 | -74.45 |
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Drawdowns
MKOR vs. MU - Drawdown Comparison
The maximum MKOR drawdown since its inception was -22.09%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for MKOR and MU.
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Drawdown Indicators
| MKOR | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.09% | -98.25% | +76.16% |
Max Drawdown (1Y)Largest decline over 1 year | -20.62% | -30.28% | +9.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -58.16% | +51.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 7.95% | -2.35% |
Volatility
MKOR vs. MU - Volatility Comparison
The current volatility for Matthews Korea Active ETF (MKOR) is 21.03%, while Micron Technology, Inc. (MU) has a volatility of 33.78%. This indicates that MKOR experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MKOR | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.03% | 33.78% | -12.75% |
Volatility (6M)Calculated over the trailing 6-month period | 37.01% | 58.39% | -21.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.39% | 70.48% | -30.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.54% | 53.40% | -24.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.54% | 50.25% | -21.71% |
Dividends
MKOR vs. MU - Dividend Comparison
MKOR's dividend yield for the trailing twelve months is around 1.28%, more than MU's 0.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MKOR Matthews Korea Active ETF | 1.28% | 2.62% | 5.28% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
MKOR and MU have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (33.78%) compared to MKOR (21.03%). In terms of maximum drawdown, MKOR dropped -22.09% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (12.11 vs 4.52), 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.
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