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Matthews Korea Active ETF

MKOR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 29 2010
Expense Ratio
0.79%
Type
Global Ex. US Equities
Fund Owner
Matthews Asia
Volume (1m avg. daily)
$69,682
AUM
$65,843,028
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

005935
Samsung Electronics - PRF PERPETUAL KRW 5000
13.20%
000660
SK Hynix Inc
7.90%
005930
Samsung Electronics
5.50%
n/a
CASH AND OTHERS
5.20%
010950
S-Oil Corp.
4.00%
006400
Samsung SDI Co. Ltd.
3.90%
282330
BGF Retail Co. Ltd
3.20%
012330
Hyundai Mobis
3.10%
035420
Naver Co Ltd
3.00%
000100
Yuhan
2.90%
Invest with MKOR

What is MKOR?

Under normal circumstances, the Matthews Korea Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in South Korea. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management's depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

ETFs related toMKOR

ETFs correlated to MKOR include EWY, KORU, AAXJ

MKOR
Matthews International Funds - Matthews Korea Active ETF
EWY
BlackRock Institutional Trust Company N.A. - iShares MSCI South Korea ETF
KORU
Direxion Shares ETF Trust - Direxion Daily South Korea Bull 3X Shares
AAXJ
BlackRock Institutional Trust Company N.A. - iShares MSCI All Country Asia ex Japan ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
AIA
BlackRock Institutional Trust Company N.A. - iShares Asia 50 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMKOR

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with MKOR using Composer

FAQ

MKOR is a Global Ex. US Equities ETF. Under normal circumstances, the Matthews Korea Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in South Korea. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management's depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Yes, MKOR is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MKOR is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MKOR is -0.0153%. This is the percent change in the value of MKOR over the most recent 1-month period. The 3-month return on MKOR is %. This is the percent change in the value of MKOR over the most recent 3-month period.

ETFs similar to MKOR include EWZ, EWW, and EWT.

ETFs correlated to MKOR include EWY, KORU, and AAXJ.

ETFs that are inversely correlated to MKOR include EDZ, HIBS, and YANG.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.