Fundology

ETF · Amundi

KRWL Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation

ISIN LU1900066975London Stock Exchange: KRWLSAS Rue la Boétie

Latest close

LSE

£119.93

on

Ongoing charge
0.45% a year
Fund size
£706m

As of , at least 15 min delayed

At a glance

As of 13/11/2026, KRWL (Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation, ISIN LU1900066975) closed at £119.93 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the five years to 13/11/2026 its total return was +107.4%, or +61.9% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 13/11/2026
+58.5%
+52.9% after inflation
3 years to 13/11/2026
+145.7%
+122.0% after inflation
5 years to 13/11/2026
+107.4%
+61.9% after inflation

£1,000 put in five years ago would have been worth about £2,074 on 13/11/2026 — about £1,619 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 Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds (price, with income reinvested in the fund): 2022 −19.6%, 2023 +13.0%, 2024 −18.3%, 2025 +86.0%; 2026 to 13/11/2026 +42.6%. Returns of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +132.1%; to 30/09/2025: +29.1%; to 30/09/2024: +3.1%; to 30/09/2023: +14.5%; to 30/09/2022: −27.0%.

Calendar-year returns of KRWL, in pounds (price, with income reinvested in the fund), to 13/11/2026
YearReturnAfter inflationReturn shown as a bar
to +42.6%+38.1%
to +86.0%+79.7%
to −18.3%−21.0%
+13.0%+8.5%
−19.6%−26.4%
Returns of KRWL over 12-month periods to 30/09/2026, in pounds (price, with income reinvested in the fund)
12 months toReturnAfter inflation
from +132.1%+123.9%
from +29.1%+24.1%
from +3.1%+0.4%
from +14.5%+7.6%
from −27.0%−32.9%

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

How far the price has swung and fallen. The same record as the returns, in pounds.

Volatility (annualised)

28.9%over 5 years

Volatility, annualised from weekly returns, by period
1 year48.1%
3 years33.2%
5 years28.9%

Annualised from weekly returns. Higher means bumpier.

Largest fall since November 2021
−35.7%
From to
Lowest 12-month return
−29.5%
12 months to
Highest 12-month return
+252.2%
12 months to
Below its highest weekly close since November 2021
33.7%
High of , latest

In words: Volatility of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds, annualised from weekly returns to 13/11/2026: 48.1% over 1 year, 33.2% over 3 years, 28.9% over 5 years. Largest fall in the price of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation since November 2021, in pounds: −35.7% from 19/06/2026 to 06/11/2026. The lowest 12-month return of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation in pounds (price, with income reinvested in the fund) since January 2021 was −29.5% (12 months to 01/07/2022); the highest was +252.2% (12 months to 29/05/2026). On 13/11/2026 the price of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation was 33.7% below its highest weekly close since November 2021 (19/06/2026), in pounds.

As of , price, with income reinvested in the fund

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.45%
a year
On £10,000
£45
a year, roughly
Over five years
£223
of £10,000, before growth
Among 152 emerging-market share funds, share classes counted once
  • 82 charge less
  • 2 the same
  • 67 charge more

Ongoing charge of Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation 0.45% a year. Compared on 14/11/2026, 67 of the 151 other emerging-market share funds charge more, 2 the same and 82 less (share classes counted once).

As of

A lower charge is not a promise of a higher return: what the fund holds matters more.

As of

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation is an exchange-traded fund (ETF) from Amundi, launched in 2006.

It tracks the MSCI Korea 20/35 Index - 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 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.

Terms:ETFIndex fundAccumulating or incomeShare classISIN

Key facts

Ticker
KRWL
ISIN
LU1900066975
Also listed as
KRW (London Stock Exchange, US dollars), LKOR (Xetra, euros)
Provider
Amundi
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Accumulating
Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Ongoing charge
0.45% a year · about £45 on £10,000
Fund size
£706m
Launched
Domicile
Luxembourg
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)

Price chart

Closing price
£119.93+55.2% over 1 year · closing price
KRWL closing price: £77.26 on 14/11/2025, £119.93 on 13/11/2026 (+55.2%); low £72.15, high £181.01.

Over the last year, the closing price went from £77.26 on 14/11/2025 to £119.93 on 13/11/2026 (+55.2%). The lowest close shown was £72.15 on 21/11/2025 and the highest £181.01 on 19/06/2026.

One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.

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

The ten largest holdings make up 39.7% of the fund, as of .
Holdings
114
146 reported in all
Ten largest
39.7%
of the whole fund
Effective number of holdings
38
As concentrated as this many equal-sized holdings (how it is worked out)
Largest holding
7.3%
Amazon

Top 10 holdings

Top holdings of KRWL: the ten largest, as a percentage of the whole fund, as of 11/11/2026
Rank#HoldingWeight as a percentage of the fund
1AmazonAMZNConsumer DiscretionaryUnited States7.30%
2Procter & GamblePGConsumer StaplesUnited States6.08%
3EatonETNIndustrialsUnited States5.53%
4NVIDIANVDAInformation TechnologyUnited States4.37%
5UnitedHealth GroupUNHHealth CareUnited States3.19%
6Johnson & JohnsonJNJHealth CareUnited States2.92%
7CrowdStrikeCRWDInformation TechnologyUnited States2.63%
8Alphabet · Class CGOOGCommunication ServicesUnited States2.58%
9Applied MaterialsAMATInformation TechnologyUnited States2.58%
10Goldman Sachs GroupGSFinancialsUnited States2.53%

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 100 largest and what changed since .

All 114 holdings of KRWL

All holdings

The fund publishes 146 holdings; the ten largest make up 39.7% of it.

Create a free account to see the full holdings list

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. 98.4% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.

  1. Technology Services24.0%
  2. Electronic Technology16.8%
  3. Producer Manufacturing11.7%
  4. Retail Trade9.2%
  5. Consumer Non-Durables7.8%
  6. Health Technology7.8%
  7. Finance5.8%
  8. Health Services3.5%
  9. Other classified sectors11.8%
Sector classification over the fund’s published holdings, as of 11/11/2026.

Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured

Funds tracking the same index

3 funds track MSCI Korea 20/35 Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.45% to 0.67% a year (13/11/2026).

3 funds that track the MSCI Korea 20/35 Index - Benchmark TR Net, listed by name. Returns are as reported to 13/11/2026, in pounds, with income reinvested unless marked “price”.
FundCharge1 year3 years5 years
iShares MSCI Korea UCITS ETF USD (Acc)Accumulating · 0.65% a year0.65%+58.7%+144.7%+105.9%
iShares MSCI Korea UCITS ETF USD (Dist)Distributing · 0.67% a year0.67%+57.8%+144.2%+104.8%
Multi Units LU Amundi MSCI Korea ETF Acc- CapitalisationThis fundAccumulating · 0.45% a year0.45%+58.5%+145.7%+107.4%

As of

MSCI Korea 20/35 funds compared: charges, sizes and share classes

Read more:Index fundsTracking differenceHow funds are compared

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account
  • Rolling 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 account
  • Largest 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.

    Pro
  • Moves 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 KRWL?

The ongoing charge of KRWL is 0.45% a year — about £45 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 Multi Units LU Amundi MSCI Korea ETF Acc- Capitalisation 0.45% a year. Compared on 14/11/2026, 67 of the 151 other emerging-market share funds charge more, 2 the same and 82 less (share classes counted once).

What does KRWL track?

KRWL tracks the MSCI Korea 20/35 Index - Benchmark TR Net.

Is KRWL accumulating or distributing?

KRWL is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

What is the ISIN of KRWL?

The ISIN of KRWL is LU1900066975. An ISIN identifies one exact share class of a fund; KRWL is its ticker on the London Stock Exchange. The same share class is also listed as KRW (London Stock Exchange, US dollars) and LKOR (Xetra, euros).

What does KRWL hold?

KRWL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

What were KRWL’s returns in each of the last five years?

Calendar-year returns of KRWL in pounds (price, with income reinvested in the fund): 2022 −19.6%, 2023 +13.0%, 2024 −18.3%, 2025 +86.0%; 2026 to 13/11/2026 +42.6%. Past performance is not a guide to future returns.

How has KRWL done after inflation?

Over the five years to 13/11/2026 KRWL’s total return was +107.4%, or +61.9% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More emerging-market share funds, largest first. Size is a fact, not a verdict.

Fund documents and methods

Fund documents
Fund page at Amundi (links checked )

Methodology:ReturnsCategoriesAll methods

A machine-readable copy of this page: Markdown.