FQAL vs KF
FQAL vs KF
Fidelity Quality Factor ETF vs The Korea Fund, Inc.
Quick Verdict
KF delivered stronger 1-year returns. FQAL offers more diversification with 125 holdings.
Side-by-Side Comparison
| Metric | FQAL | KF | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | - | |
| AUM | $1.4B | $285M | |
| Dividend Yield | 1.17% | 1.57% | |
| Holdings | 129 | 52 | |
| YTD Return | +13.20% | +55.19% | |
| 1Y Return | +20.81% | +121.76% | |
| 3Y Return (annualized) | +19.86% | +40.09% | |
| 5Y Return (annualized) | +12.09% | +15.19% | |
| Volatility (annualized) | 15.0% | 43.4% | |
| Max Drawdown | -34.1% | -77.0% | |
| Fund Family | Fidelity Investments (US) | The Korea Fund, Inc. (KF) | |
| Category | Equity | Equity | |
| Inception | Sep 12, 2016 | Aug 29, 1984 |
FQAL vs KF Performance
Fidelity Quality Factor ETF (FQAL) is a ETF from Fidelity Investments (US) and The Korea Fund, Inc. (KF) is a ETF from The Korea Fund, Inc. (KF). Over the past year FQAL returned +20.81% while KF returned +121.76%. Year to date, FQAL is up 13.20% versus a gain of 55.19% for KF.
Over three years, FQAL compounded at +19.86% per year against +40.09% for KF; over five years the annualized figures are +12.09% and +15.19% respectively. Across the full 10-year window we track, KF has the edge at +16.27% annualized vs +13.89%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KF has been the more volatile fund, with annualized monthly volatility of 43.4% compared with 15.0% for FQAL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.1% for FQAL and -77.0% for KF. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
FQAL and KF share 0 holdings out of 174 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, FQAL or KF?
Over the past year FQAL returned +20.81% vs +121.76% for KF, so KF leads on 1-year performance. Over the longest common window we track (10 years), FQAL annualized +13.89% vs +16.27% for KF. Past performance does not guarantee future results.
Which is riskier, FQAL or KF?
KF has been the more volatile fund at 43.4% annualized versus 15.0% for FQAL. Worst drawdown: FQAL -34.1% vs KF -77.0%.
Should I hold both FQAL and KF?
FQAL and KF have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FQAL and KF?
FQAL and KF share 0 common holdings with a 0.0% weight overlap. Combined, they hold 174 unique securities.
Which pays a higher dividend, FQAL or KF?
FQAL yields 1.17% while KF yields 1.57%, so KF currently pays the higher dividend yield.
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