PAI vs MKOR

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

PAI vs MKOR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

PAI

$125M

MKOR

$124M

Expense Ratio

PAI

N/A

MKOR

0.79%

Max Drawdown

PAI

45.93%

Winner

MKOR

25.83%

Sharpe Ratio

PAI

-0.10

Winner

MKOR

2.40

5Y Beta

Winner

PAI

0.23

MKOR

1.00

5Y Dividends CAGR

PAI

3.60%

MKOR

N/A

PAI vs MKOR - Historical Returns

Returns include dividend reinvestment.

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

Winner

PAI

-0.22%

MKOR

-1.75%

PAI

-1.51%

Winner

MKOR

+33.06%

PAI

-0.38%

Winner

MKOR

+79.74%

PAI

+2.22%

Winner

MKOR

+138.66%

5Y(CAGR)

PAI

-0.02%

MKOR

N/A

10Y(CAGR)

PAI

+3.20%

MKOR

N/A

Max(CAGR)

PAI

+6.03%

Winner

MKOR

+35.94%

PAI vs MKOR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

PAI vs MKOR Drawdown Comparison

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

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

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

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

Correlation

Correlation between PAI and MKOR 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)

PAI vs MKOR dividend yield comparison.

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