MKOR vs. PPT
MKOR (Matthews Korea Active ETF) and PPT (Putnam Premier Income Trust) are both funds - MKOR is a Asia Pacific Equities fund actively managed by Matthews, while PPT is a Multisector Bonds fund actively managed by Putnam Investments. Both are actively managed. Over the past year, MKOR returned 166.41% vs 2.23% for PPT. At a 0.15 correlation, their price movements are largely independent.
Performance
MKOR vs. PPT - Performance Comparison
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Returns By Period
In the year-to-date period, MKOR achieves a 94.74% return, which is significantly higher than PPT's 0.81% return.
MKOR
- 1D
- 1.84%
- 1M
- 12.24%
- YTD
- 94.74%
- 6M
- 106.59%
- 1Y
- 166.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PPT
- 1D
- 0.29%
- 1M
- 0.47%
- YTD
- 0.81%
- 6M
- 1.85%
- 1Y
- 2.23%
- 3Y*
- 7.60%
- 5Y*
- 2.15%
- 10Y*
- 4.57%
MKOR vs. PPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MKOR Matthews Korea Active ETF | 94.74% | 70.33% | -15.76% | -2.52% |
PPT Putnam Premier Income Trust | 0.81% | 8.39% | 8.80% | 4.02% |
Correlation
The correlation between MKOR and PPT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2023 | 0.15 |
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Return for Risk
MKOR vs. PPT — Risk / Return Rank
MKOR
PPT
MKOR vs. PPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Korea Active ETF (MKOR) and Putnam Premier Income Trust (PPT). 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 | PPT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.90 | ||
| Sortino ratioReturn per unit of downside risk | +3.79 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.04 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 7.91 | 0.33 | +7.58 |
| Martin ratioReturn relative to average drawdown | 29.09 | 0.77 | +28.32 |
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Drawdowns
MKOR vs. PPT - Drawdown Comparison
The maximum MKOR drawdown since its inception was -22.09%, smaller than the maximum PPT drawdown of -49.76%. Use the drawdown chart below to compare losses from any high point for MKOR and PPT.
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Drawdown Indicators
| MKOR | PPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.09% | -49.76% | +27.67% |
Max Drawdown (1Y)Largest decline over 1 year | -20.62% | -5.05% | -15.57% |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.92% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.79% | — |
Current DrawdownCurrent decline from peak | -3.32% | -3.62% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -6.30% | -11.23% | +4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 2.18% | +3.42% |
Volatility
MKOR vs. PPT - Volatility Comparison
Matthews Korea Active ETF (MKOR) has a higher volatility of 20.42% compared to Putnam Premier Income Trust (PPT) at 2.25%. This indicates that MKOR's price experiences larger fluctuations and is considered to be riskier than PPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MKOR | PPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.42% | 2.25% | +18.17% |
Volatility (6M)Calculated over the trailing 6-month period | 36.74% | 6.99% | +29.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.06% | 9.36% | +30.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.39% | 11.96% | +16.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.39% | 14.45% | +13.94% |
Dividends
MKOR vs. PPT - Dividend Comparison
MKOR's dividend yield for the trailing twelve months is around 1.35%, less than PPT's 9.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKOR Matthews Korea Active ETF | 1.35% | 2.62% | 5.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PPT Putnam Premier Income Trust | 9.07% | 8.81% | 8.76% | 8.74% | 8.60% | 7.31% | 8.84% | 7.73% | 6.84% | 5.85% | 6.28% | 6.30% |
Frequently Asked Questions
MKOR and PPT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MKOR has higher volatility (20.42%) compared to PPT (2.25%). In terms of maximum drawdown, MKOR dropped -22.09% vs PPT's -49.76%.
MKOR currently has the higher Sharpe Ratio (4.08 vs 0.18), 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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