MKOR vs PAI

Comparison between MATTHEWS KOREA ACTIVE ETF (MKOR, ETF) and Western Asset Investment Grade Income Fund Inc (PAI, ETF).

MKOR vs PAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MKOR(ETF)	PAI(ETF)
Net Assets	$124M	$125M
Expense Ratio	0.79%	N/A
Max Drawdown	25.83%	45.93%
Sharpe Ratio	2.40	-0.10
5Y Beta	1.00	0.23
5Y Dividends CAGR	N/A	3.60%

Net Assets

MKOR

$124M

Winner

PAI

$125M

Expense Ratio

MKOR

0.79%

PAI

N/A

Max Drawdown

Winner

MKOR

25.83%

PAI

45.93%

Sharpe Ratio

Winner

MKOR

2.40

PAI

-0.10

5Y Beta

MKOR

1.00

Winner

PAI

0.23

5Y Dividends CAGR

MKOR

N/A

PAI

3.60%

MKOR vs PAI - Historical Returns

Returns include dividend reinvestment.

Period	MKOR	PAI
1 month	-1.75%	-0.22%
3 months	+33.06%	-1.51%
6 months	+79.74%	-0.38%
1 year	+138.66%	+2.22%
5 years(CAGR)	N/A	-0.02%
10 years(CAGR)	N/A	+3.20%
Max(CAGR)	+35.94%	+6.03%

MKOR

-1.75%

Winner

PAI

-0.22%

Winner

MKOR

+33.06%

PAI

-1.51%

Winner

MKOR

+79.74%

PAI

-0.38%

Winner

MKOR

+138.66%

PAI

+2.22%

5Y(CAGR)

MKOR

N/A

PAI

-0.02%

10Y(CAGR)

MKOR

N/A

PAI

+3.20%

Max(CAGR)

Winner

MKOR

+35.94%

PAI

+6.03%

MKOR vs PAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MKOR	PAI
2026	+65.15%	-1.69%
2025	+69.20%	+7.09%
2024	-15.04%	+9.44%
2023	-2.16%	+7.42%
2022	N/A	-21.03%
2021	N/A	+1.88%
2020	N/A	+6.17%
2019	N/A	+20.23%
2018	N/A	-11.78%
2017	N/A	+16.74%
2016	N/A	+15.58%
2015	N/A	+1.70%
2014	N/A	+7.73%
2013	N/A	-7.43%
2012	N/A	+12.40%
2011	N/A	+13.11%
2010	N/A	+6.63%
2009	N/A	+29.99%
2008	N/A	-16.92%
2007	N/A	-5.46%
2006	N/A	+16.18%
2005	N/A	-0.98%
2004	N/A	+10.46%
2003	N/A	+15.49%
2002	N/A	+6.03%
2001	N/A	+14.94%
2000	N/A	+25.82%
1999	N/A	-2.13%

MKOR vs PAI Drawdown Comparison

The maximum drawdown for MKOR was -22.01%, occurring on Apr 8, 2025. Recovery took 225 trading sessions.

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The current MKOR drawdown is -14.34%. The current PAI drawdown is -11.70%.

Rank	MKOR	PAI
#1	-22.01% Jul 12, 2024 - Jun 5, 2025	-38.96% Jun 1, 2007 - Sep 11, 2009
#2	-20.62% Feb 27, 2026 - Apr 17, 2026	-33.71% Dec 2, 2021 - Oct 20, 2022
#3	-16.56% Jul 28, 2023 - Mar 12, 2024	-30.98% Nov 15, 2019 - Jul 15, 2020
#4	-14.34% Jun 1, 2026 - Jun 5, 2026	-22.02% Nov 26, 2012 - Apr 22, 2016
#5	-10.38% Nov 3, 2025 - Dec 29, 2025	-19.82% Sep 28, 2017 - Jun 11, 2019
#6	-10.30% May 8, 2026 - May 26, 2026	-13.79% May 24, 2010 - Sep 1, 2011
#7	-6.51% Mar 12, 2024 - May 15, 2024	-13.48% Aug 30, 2016 - Jun 19, 2017
#8	-5.98% May 15, 2024 - Jul 10, 2024	-10.99% Mar 17, 2004 - Sep 15, 2004
#9	-5.19% Jul 23, 2025 - Sep 9, 2025	-9.79% Nov 9, 2012 - Nov 21, 2012
#10	-4.42% Oct 6, 2025 - Oct 16, 2025	-9.55% Sep 28, 2020 - Aug 20, 2021
#11	-3.53% Jun 25, 2025 - Jul 10, 2025	-9.15% Sep 24, 2002 - Dec 16, 2002
#12	-3.52% Sep 22, 2025 - Oct 2, 2025	-8.91% Jun 20, 2003 - Nov 20, 2003
#13	-3.41% Feb 3, 2026 - Feb 9, 2026	-8.83% Sep 30, 2009 - Mar 17, 2010
#14	-3.29% Apr 17, 2026 - Apr 22, 2026	-8.29% Sep 15, 2021 - Nov 19, 2021
#15	-2.93% May 6, 2026 - May 8, 2026	-8.08% Feb 10, 2005 - Jun 30, 2005

Correlation

Correlation between MKOR and PAI is 0.48 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.48

-101

Dividend Comparison (1999 - 2026)

MKOR vs PAI dividend yield comparison.

Year	MKOR	PAI
2026	0.00%	1.74%
2025	2.62%	5.45%
2024	5.28%	4.83%
2023	0.00%	4.67%
2022	0.00%	4.82%
2021	0.00%	3.57%
2020	0.00%	3.82%
2019	0.00%	4.43%
2018	0.00%	5.23%
2017	0.00%	4.36%
2016	0.00%	4.82%
2015	0.00%	5.30%
2014	0.00%	5.13%
2013	0.00%	5.24%
2012	0.00%	4.84%
2011	0.00%	5.39%
2010	0.00%	6.13%
2009	0.00%	7.37%
2008	0.00%	9.37%
2007	0.00%	8.28%
2006	0.00%	5.59%
2005	0.00%	7.58%
2004	0.00%	9.41%
2003	0.00%	6.38%
2002	0.00%	6.97%
2001	0.00%	7.28%
2000	0.00%	8.00%
1999	0.00%	2.10%