MKOR: MATTHEWS KOREA ACTIVE ETF
What this ETF is trying to do
The MATTHEWS KOREA ACTIVE ETF (ticker: MKOR) is an exchange-traded fund that focuses on companies in South Korea. Because it is an "active" ETF, it is managed with specific goals in mind rather than just following a set list of stocks. Some of its Top Holdings include Samsung Electronics Co Ltd and JP Morgan US Govt Capital 3164.
What the numbers show
The current price of one share is $63.90. An estimated price from roughly one year ago was $30.34. This shows that the share price has grown significantly over the last year.
When looking at performance, it is important to understand two different terms:
• Price return: This only measures how much the share price itself changed.
• Total return: This measures the share price change plus any cash distributions (payments) made to investors.
According to the data:
• Year-to-Date (YTD): The price return was 85.70%, and the total return was also 85.70%.
• One Year: The price return was 110.58%, while the total return was higher at 116.56%.
• Three Years: The price return was 167.15%, and the total return was 188.91%.
Income and distribution explanation
Some investors look for "distributions," which is cash paid out from the ETF. This ETF has a distribution yield of approximately 1.41%. The trailing distributions were about $0.90 per share. These payments are described as irregular, meaning they do not happen on a regular schedule.
NAV erosion explanation
"NAV erosion" is a term used when the actual value of the assets inside the ETF goes down over time. For this ETF, the erosion-risk score is 100, and the label says "No price erosion detected." The severity is listed as "good," and there is no severe erosion-risk flag.
Pros
• The ETF has shown very high price returns and total returns over the last year and three years.
• The data shows no signs of price erosion.
Cons
• Cash distributions are irregular and less frequent.
• The list of holdings provided is only a partial list of the 55 companies in the fund.
Beginner takeaway
This ETF has experienced significant growth in both its share price and its total return over the past few years. While it does pay out some cash through distributions, those payments do not happen on a regular schedule.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | SAMSUNG ELECTRONICS CO LTD | n/a | 18.26% |
| 2 | JP MORGAN US GOVT CAPITAL 3164 | n/a | 6.03% |
| 3 | KB FINANCIAL GROUP INC | n/a | 3.88% |
| 4 | HANA FINANCIAL GROUP INC | n/a | 3.67% |
| 5 | SK SQUARE | n/a | 3.54% |
| 6 | PSK INC | n/a | 3.30% |
| 7 | SK HYNIX INC | n/a | 3.29% |
| 8 | SAMSUNG ELECTRO-MECHANICS CO LTD | n/a | 3.21% |
| 9 | SAMSUNG ELECTRONICS CO LTD PARTICIPATING PREFERRED | n/a | 2.82% |
| 10 | SK INC | n/a | 2.82% |