ETF · HSBC
HKOR HSBC MSCI Korea Capped UCITS ETF
ISIN IE00B3Z0X395London Stock Exchange: HKORHSBC Holdings Plc
- Emerging markets
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£89.30
on
- Ongoing charge
- 0.50% a year
- Fund size
- £384m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, HKOR (HSBC MSCI Korea Capped UCITS ETF, ISIN IE00B3Z0X395) closed at £89.30 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 13/11/2026 its total return was +105.9%, or +60.8% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +58.0%
- +52.4% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +144.2%
- +120.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +105.9%
- +60.8% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,059 on 13/11/2026 — about £1,608 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of HSBC MSCI Korea Capped UCITS ETF in pounds (price only, income paid out not included): 2022 −20.5%, 2023 +12.2%, 2024 −19.6%, 2025 +83.3%; 2026 to 13/11/2026 +42.1%. Returns of HSBC MSCI Korea Capped UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +130.0%; to 30/09/2025: +27.7%; to 30/09/2024: +1.6%; to 30/09/2023: +13.1%; to 30/09/2022: −27.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +42.1% | +37.6% | |
| to | +83.3% | +77.0% | |
| to | −19.6% | −22.4% | |
| +12.2% | +7.7% | ||
| −20.5% | −27.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +130.0% | +121.8% |
| from | +27.7% | +22.7% |
| from | +1.6% | −1.0% |
| from | +13.1% | +6.3% |
| from | −27.4% | −33.3% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
28.9%over 5 years
| 1 year | 48.4% |
|---|---|
| 3 years | 33.4% |
| 5 years | 28.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −36.4%
- From to
- Lowest 12-month return
- −30.0%
- 12 months to
- Highest 12-month return
- +251.5%
- 12 months to
- Below its highest weekly close since November 2021
- 34.1%
- High of , latest
In words: Volatility of HSBC MSCI Korea Capped UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 48.4% over 1 year, 33.4% over 3 years, 28.9% over 5 years. Largest fall in the price of HSBC MSCI Korea Capped UCITS ETF since November 2021, in pounds: −36.4% from 19/06/2026 to 06/11/2026. The lowest 12-month return of HSBC MSCI Korea Capped UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −30.0% (12 months to 01/07/2022); the highest was +251.5% (12 months to 29/05/2026). On 13/11/2026 the price of HSBC MSCI Korea Capped UCITS ETF was 34.1% below its highest weekly close since November 2021 (19/06/2026), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.50%
- a year
- On £10,000
- £50
- a year, roughly
- Over five years
- £248
- of £10,000, before growth
- 92 charge less
- 12 the same
- 47 charge more
Ongoing charge of HSBC MSCI Korea Capped UCITS ETF 0.50% a year. Compared on 14/11/2026, 47 of the 151 other emerging-market share funds charge more, 12 the same and 92 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
HSBC MSCI Korea Capped UCITS ETF is an exchange-traded fund (ETF) from HSBC, launched in 2011.
It tracks the 100% MSCI Korea Capped - USD - Benchmark TR Net.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- HKOR
- ISIN
- IE00B3Z0X395
- Also listed as
- HKOD (London Stock Exchange, US dollars)
- Provider
- HSBC
- Tracks
- 100% MSCI Korea Capped
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.50% a year · about £50 on £10,000
- Fund size
- £384m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Emerging markets
Price chart
Over the last year, the closing price went from £57.98 on 14/11/2025 to £89.30 on 13/11/2026 (+54.0%). The lowest close shown was £54.25 on 21/11/2025 and the highest £135.60 on 19/06/2026.
One close a week. Before 12/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 76
- on record
- Ten largest
- 64.2%
- of the whole fund
- Effective number of holdings
- 9.2
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 27.0%
- Samsung Electronics
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Samsung Electronics005930South Korea | 27.03% |
| 2 | SK hynix000660South Korea | 16.21% |
| 3 | SK Square402340South Korea | 3.81% |
| 4 | Samsung Electronics005930South Korea | 3.69% |
| 5 | KB Financial Group105560South Korea | 2.90% |
| 6 | Samsung Electro-Mechanics009150South Korea | 2.77% |
| 7 | Hyundai Motor005380South Korea | 2.12% |
| 8 | Shinhan Financial Group055550South Korea | 2.05% |
| 9 | Celltrion068270South Korea | 1.82% |
| 10 | Hana Financial Group086790South Korea | 1.81% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 76 largest and what changed since .
More of the portfolio
The fund publishes 76 holdings; the ten largest make up 64.2% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 99.2% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology52.1%
- Finance16.9%
- Producer Manufacturing9.8%
- Consumer Durables5.8%
- Health Technology3.6%
- Technology Services2.9%
- Consumer Non-Durables1.8%
- Industrial Services1.3%
- Other classified sectors5.0%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 142 emerging-market share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of HKOR?
The ongoing charge of HKOR is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of HSBC MSCI Korea Capped UCITS ETF 0.50% a year. Compared on 14/11/2026, 47 of the 151 other emerging-market share funds charge more, 12 the same and 92 less (share classes counted once).
What does HKOR track?
HKOR tracks the 100% MSCI Korea Capped - USD - Benchmark TR Net.
Is HKOR accumulating or distributing?
HKOR is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
What is the ISIN of HKOR?
The ISIN of HKOR is IE00B3Z0X395. An ISIN identifies one exact share class of a fund; HKOR is its ticker on the London Stock Exchange. The same share class is also listed as HKOD (London Stock Exchange, US dollars).
What does HKOR hold?
As of 06/11/2026, HKOR holds 76 positions, according to its published holdings. The largest is Samsung Electronics at 27.03% of the fund; the ten largest make up 64.2%. Its ten largest holdings are Samsung Electronics (27.03%), SK hynix (16.21%), SK Square (3.81%), Samsung Electronics (3.69%), KB Financial Group (2.90%), Samsung Electro-Mechanics (2.77%), Hyundai Motor (2.12%), Shinhan Financial Group (2.05%), Celltrion (1.82%) and Hana Financial Group (1.81%).
What were HKOR’s returns in each of the last five years?
Calendar-year returns of HKOR in pounds (price only, income paid out not included): 2022 −20.5%, 2023 +12.2%, 2024 −19.6%, 2025 +83.3%; 2026 to 13/11/2026 +42.1%. Past performance is not a guide to future returns.
How has HKOR done after inflation?
Over the five years to 13/11/2026 HKOR’s total return was +105.9%, or +60.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at HSBC Asset Management · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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