# HSBC MSCI Korea Capped UCITS ETF (HKOR) **Source:** https://fundology.uk/fund/hkor · ISIN IE00B3Z0X395 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, HKOR (HSBC MSCI Korea Capped UCITS ETF, ISIN IE00B3Z0X395) closed at £116.05 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 30/09/2026 its total return was +152.6%, or +97.4% after UK CPIH inflation. ## Summary 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. Latest close: **£116.05** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HKOR | | ISIN | IE00B3Z0X395 | | Category | Emerging markets | | Type | ETF | | Provider | HSBC | | Tracks | 100% MSCI Korea Capped - USD - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.50% a year (£50 per £10,000) | | Fund size | £333m | | Launched | 2011 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +144.77% | +137.09% | income reinvested | | 3 years | +209.88% | +179.62% | income reinvested | | 5 years | +152.55% | +97.43% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 −22.7%, 2025 +75.4%; 2026 to 30/09/2026 +100.7%. 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: +145.4%; to 30/09/2025: +19.7%; to 30/09/2024: +1.6%; to 30/09/2023: +13.1%; to 30/09/2022: −29.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -20.5% | -27.2% | Price | | 2023 | +12.2% | +7.7% | Price | | 2024 | -22.7% | -25.3% | Price | | 2025 | +75.4% | +69.4% | Price | | 2026 to 30/09/2026 | +100.7% | +95.1% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 45.49% | -27.51% | | 3 years | 31.66% | -27.51% | | 5 years | 27.61% | -34.37% | ## Largest fall Volatility of HSBC MSCI Korea Capped UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 45.5% over 1 year, 31.7% over 3 years, 27.6% over 5 years. Largest fall in the price of HSBC MSCI Korea Capped UCITS ETF since October 2021, in pounds: −34.4% from 10/12/2021 to 04/04/2025. 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 30/09/2026 the price of HSBC MSCI Korea Capped UCITS ETF was 14.4% below its highest weekly close since October 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC MSCI Korea Capped UCITS ETF 0.50% a year, as of 01/10/2026: 43 of the 140 other emerging-market share funds charge more, 11 the same and 86 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.50%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 28/09/2026): | Holding | Weight | |---|---| | Samsung Electronics | 28.24% | | SK hynix | 18.49% | | SK Square | 4.23% | | Samsung Electronics | 3.72% | | Samsung Electro-Mechanics | 3.50% | | KB Financial Group | 2.45% | | Capital Cash Ctrl | 2.09% | | Hyundai Motor | 1.97% | | Shinhan Financial Group | 1.93% | | Doosan Enerbility | 1.53% | All 79 holdings: https://fundology.uk/fund/hkor/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.