MKOR vs. QDVO

Last updated Jun 5, 2026

MKOR (Matthews Korea Active ETF) and QDVO (Amplify CWP Growth & Income ETF) are both exchange-traded funds - MKOR is a Asia Pacific Equities fund actively managed by Matthews, while QDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past year, MKOR returned 173.39% vs 26.60% for QDVO. At a 0.50 correlation, their price movements are largely independent. MKOR charges 0.79%/yr vs 0.56%/yr for QDVO.

Performance

MKOR vs. QDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Korea Active ETF (MKOR) and Amplify CWP Growth & Income ETF (QDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MKOR achieves a 93.84% return, which is significantly higher than QDVO's 9.91% return.

MKOR

• 1D: -1.53%
• 1M: 10.38%
• YTD: 93.84%
• 6M: 106.44%
• 1Y: 173.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDVO

• 1D: 0.10%
• 1M: 3.95%
• YTD: 9.91%
• 6M: 9.61%
• 1Y: 26.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MKOR vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MKOR Matthews Korea Active ETF	93.84%	70.33%	-15.56%
QDVO Amplify CWP Growth & Income ETF	9.91%	20.16%	11.80%

Correlation

The correlation between MKOR and QDVO is 0.54, 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	0.54
Correlation (All Time) Calculated using the full available price history since Aug 23, 2024	0.50

The correlation between MKOR and QDVO has been stable across timeframes, ranging from 0.50 to 0.54 - a consistent structural relationship.

MKOR vs. QDVO - Sectors Allocation Comparison

Sectors	MKOR	QDVO
Technology	56.1%	50.6%
Industrials	15.0%	1.7%
Financial Services	8.0%	4.1%
Consumer Cyclical	7.0%	12.5%
Communication Services	2.1%	16.8%
Consumer Defensive	1.7%	6.3%
Healthcare	1.5%	4.6%
Basic Materials	0.8%	1.8%
Energy	0.6%	0.8%
Utilities	0.6%	0.7%
Real Estate	-	-

Return for Risk

MKOR vs. QDVO — Risk / Return Rank

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

MKOR

MKOR Risk / Return Rank: 95
MKOR Sharpe Ratio Rank: 97
MKOR Sortino Ratio Rank: 93
MKOR Omega Ratio Rank: 94
MKOR Calmar Ratio Rank: 95
MKOR Martin Ratio Rank: 95

QDVO

QDVO Risk / Return Rank: 63
QDVO Sharpe Ratio Rank: 68
QDVO Sortino Ratio Rank: 67
QDVO Omega Ratio Rank: 66
QDVO Calmar Ratio Rank: 54
QDVO Martin Ratio Rank: 60

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.

MKOR vs. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Korea Active ETF (MKOR) and Amplify CWP Growth & Income ETF (QDVO). 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	QDVO	Difference
Sharpe ratio: Return per unit of total volatility	4.71	2.19	+2.52
Sortino ratio: Return per unit of downside risk	4.71	3.02	+1.69
Omega ratio: Gain probability vs. loss probability	1.66	1.39	+0.27
Calmar ratio: Return relative to maximum drawdown	8.46	2.62	+5.84
Martin ratio: Return relative to average drawdown	32.58	10.64	+21.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MKOR vs. QDVO - Sharpe Ratio Comparison

The current MKOR Sharpe Ratio is 4.71, which is higher than the QDVO Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of MKOR and QDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MKOR	QDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.71	2.19	+2.52
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	1.42	+0.13

Drawdowns

MKOR vs. QDVO - Drawdown Comparison

The maximum MKOR drawdown since its inception was -22.09%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for MKOR and QDVO.

Drawdown Indicators

	MKOR	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-22.09%	-17.75%	-4.34%
Max Drawdown (1Y) Largest decline over 1 year	-20.62%	-10.21%	-10.41%
Current Drawdown Current decline from peak	-3.77%	-0.84%	-2.93%
Average Drawdown Average peak-to-trough decline	-6.22%	-2.36%	-3.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	2.51%	+2.83%

Volatility

MKOR vs. QDVO - Volatility Comparison

Matthews Korea Active ETF (MKOR) has a higher volatility of 17.64% compared to Amplify CWP Growth & Income ETF (QDVO) at 2.86%. This indicates that MKOR's price experiences larger fluctuations and is considered to be riskier than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MKOR	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.64%	2.86%	+14.78%
Volatility (6M) Calculated over the trailing 6-month period	33.35%	8.87%	+24.48%
Volatility (1Y) Calculated over the trailing 1-year period	37.21%	12.21%	+25.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.05%	17.42%	+9.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.05%	17.42%	+9.63%

MKOR vs. QDVO - Expense Ratio Comparison

MKOR has a 0.79% expense ratio, which is higher than QDVO's 0.56% expense ratio.

Dividends

MKOR vs. QDVO - Dividend Comparison

MKOR's dividend yield for the trailing twelve months is around 1.35%, less than QDVO's 10.11% yield.

Position	TTM	2025	2024
MKOR Matthews Korea Active ETF	1.35%	2.62%	5.28%
QDVO Amplify CWP Growth & Income ETF	10.11%	9.92%	2.79%

Frequently Asked Questions

Can I hold both MKOR and QDVO in my portfolio?

MKOR and QDVO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MKOR or QDVO?

MKOR has higher volatility (17.64%) compared to QDVO (2.86%). In terms of maximum drawdown, MKOR dropped -22.09% vs QDVO's -17.75%.

Which ETF is better, MKOR or QDVO?

On 1-year performance, MKOR leads with 173.39% vs 26.60% for QDVO. On fees, QDVO is cheaper at 0.56% per year. On volatility, QDVO has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MKOR or QDVO?

Over the 1-year period, MKOR has performed better with a 173.39% return vs 26.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MKOR or QDVO?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.79% for MKOR.

Which ETF pays a higher dividend yield, MKOR or QDVO?

QDVO has the higher dividend yield at 10.11%, compared with 1.35% for MKOR.

What is the main difference between MKOR and QDVO?

MKOR is categorized as Asia Pacific Equities, while QDVO is Derivative Income. They also come from different issuers: Matthews and Amplify. Their fees differ too: 0.79% for MKOR and 0.56% for QDVO.

Which has better risk-adjusted returns?

MKOR currently has the higher Sharpe Ratio (4.71 vs 2.19), 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.