Matthews Korea Active ETF (MKOR)
ARCA ARCA Primary 
MKOR: Active Management Looks More Sensible At This Stage Of The Korean Equity Boom
MKOR which cut its PM team, has still managed to deliver the goods in a big way since I last covered it (outperformed global and EMs by 3-5x). MKOR still offers high projected earnings growth of 17% at a forward P/E of 8.7x, making it a rare blend of value and growth, and better than EMs and globalmarkets. While MKOR's expense ratio and portfolio churn are higher than passive peers, its diversified top holdings and lower volatility provide a more defensive South Korea exposure.
Korea Active ETF (MKOR) Touches a New 52-Week High
MKOR hit a new 52-week high after surging 172% from its low, aided by South Korea's chip-driven rally.
MKOR: Decent Credentials And Potential To Recover
The Matthews Korea Active ETF, which took over from the Matthews Korea Fund in 2023, has done reasonably well in the grand scheme of things. While it may not be as cheap and stable as EWY, it shines in other areas. Unlike a lot of other trade partners of the US, South Korea won't be vulnerable to the threat of reciprocal tariffs, but could face challenges if the US employs non-tariff barriers.
