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IKOR
+16.77 · +35.77%
£63.66 · LSE
iShares MSCI Korea UCITS ETF USD (Dist) | Korea Equity
BlackRock Asset Management Ireland - ETF · Ireland
AUM:£988.5M
#– of – in Korea Equity ETFs
ℹ️
Reward Rating
65
Good
189.80% 1Y return
ℹ️
Risk Rating
76
High
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 189.8% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.74% — moderate cost. Consider how fees compound over long holding periods.

What is IKOR?

iShares MSCI Korea UCITS ETF USD (Dist) tracks Morningstar Korea TME NR USD, providing diversified exposure across 46 holdings. Its ongoing charge is 0.74%.

Performance Highlights

Investment Breakdown

Strong Recent Performance
IKOR delivered 189.8% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Ongoing charge of 0.74%. Consider how fees compound over a long holding period.
Concentrated Holdings
Top 10 holdings account for 65.0% of the ETF — significant weight in a small number of names.

Openbook Analysis

Performance: Good (65)

The scoring profile reflects moderate historical performance, with a 189.8% 1-year return (historical). The ongoing charge of 0.74% should be considered against long-term return expectations. Risk indicators are high, reflecting meaningful price sensitivity (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM£988.5M
Ongoing Charge0.74%
Dividend Yield2.99%
Holdings46
Inception DateNov 2005
DomicileIreland
DistributionHalf-yearly
IndexMorningstar Korea TME NR USD
ProviderBlackRock Asset Management Ireland - ETF
Beta–
CategoryKorea Equity
CurrencyGBX
Portfolio Impact

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6168
+7 points · better diversified
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+127.3%
1Y
+244.2%
3Y
+210.9%
5Y
+150.5%
OpenBook InsightIf you had invested £10,000 in IKOR 5 years ago, it would have grown to £25,051 — a gain of £15,051.

Annual Returns

Calendar year performance

IKOR delivered positive returns in 3 of the last 5 calendar years.
YearIKOR
2026 YTD+100.4%
2025+82.5%
2024-21.1%
2023+15.9%
2022-19.0%
CAGR 4yr+7.8%
3/5 positive yearsAvg return: +31.7%Worst year: -21.1% (2024)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
52.7%
Very High
Momentum
+37.8%
30-day change
Support Level
84.26
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Momentum is upward with a 37.8% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.

Reward Rating Breakdown

Our reward rating analyses IKOR's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
65
Good REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
91/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
189.80%
Very Good
3Y Return
40.40%
Very Good
5Y Return
12.91%
Very Good
10Y Return
14.96%
Very Good
Sharpe Ratio
—
No Data

Strong historical performance profile: 1-year return of 189.80%, 3-year annualised 40.40%, 5-year annualised 12.91%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
73/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.74%
Very Weak
Net Expense Ratio
0.01%
Very Good
Annual Turnover
0.17%
Very Good
Tracking Difference
—
No Data

Low-cost and efficient structure: ongoing charge of 0.74%, net expense ratio of 0.01%, annual turnover of 0.2%.

💵 Income

Weight: 15%
65/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
2.99%
Neutral
Distribution Frequency
Half-yearly
No Data

Reasonable income characteristics: distribution yield of 2.99%, half-yearly distributions.

🌐 Diversification Quality

Weight: 25%
23/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
46
Very Weak
Top 10 Concentration
65.00%
Very Weak
Top Sector
Technology55.5%
Very Weak
Top Region
Asia Developed100.0%
Very Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 46 holdings, top 10 at 65.0%, Technology sector at 55.5%, Asia Developed at 100.0%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses IKOR using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
76
High RISK
Data Coverage: 83%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
72/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
65.00%
Elevated
Largest Holding
29.02%
High Risk
Number of Holdings
46
Elevated
HHI (weight²)
1,234
Moderate

Holdings-level concentration is high: top 10 holdings at 65.0%, largest single position at 29.02%, 46 total holdings.

🌍 Market Exposure

Weight: 25%
76/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
Asia Developed100.0%
High Risk
Top Sector
Technology55.5%
High Risk
Top 2 Sectors
71.83%
High Risk
Cyclical Sectors
29.09%
Lower Risk

High market-exposure risk — returns closely track a narrow slice of the market: Asia Developed at 100.0%, Technology sector at 55.5%, 29.1% in cyclical sectors.

📊 Volatility

Weight: 35%
90/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
38.07%
High Risk
Beta
—
No Data
Max Drawdown
—
No Data

High historical volatility — expect meaningful short-term swings: 1Y volatility of 38.07% (historical).

💵 Income Reliability

Weight: 15%
53/100

How dependable is the fund's distribution yield? Heavy cyclical-sector exposure or unusually high yields can flag vulnerability to dividend cuts in a downturn.

Current Yield
2.99%
Lower Risk
Cyclical Sector Exposure
29.09%
Lower Risk
Top-Sector Dependency
Technology55.5%
High Risk

Income has some cyclical dependency: yield of 2.99%, 29.1% in cyclical sectors (financials, energy, materials, industrials, real estate), Technology sector at 55.5%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
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