KOKU vs TOK
Xtrackers MSCI Kokusai Equity ETF vs iShares MSCI Kokusai ETF
Which is better, KOKU or TOK?
Nearly the same fund. KOKU costs less.
KOKU has a lower expense ratio. KOKU led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. KOKU is less concentrated, with 28.6% of the fund in its ten largest positions against 29.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KOKU | TOK |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.25% |
| AUM | $811M | $241M |
| Dividend Yield | 1.32% | 1.29% |
| Holdings | 2,185 | 1,103 |
| YTD Return | +11.45%Best | +11.43% |
| 1Y Return | +15.81%Best | +15.70% |
| 3Y Return (annualized) | +21.26%Best | +21.21% |
| 5Y Return (annualized) | +11.82%Best | +11.67% |
| Volatility (annualized) | 15.1% | 15.0%Best |
| Max Drawdown | -25.8%Best | -25.9% |
| $10,000 over 5 years | $17,482Best | $17,365 |
| Top 10 Weight | 28.6%Best | 29.5% |
| Fund Family | Xtrackers ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 7, 2020 | Dec 10, 2007 |
Volatility and max drawdown are measured over the window both funds cover: Apr 8, 2020 to Oct 14, 2026 (6.5 years).
KOKU vs TOK growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.5 years both funds cover.
KOKU vs TOK Performance
Xtrackers MSCI Kokusai Equity ETF (KOKU) is an ETF from Xtrackers ETFs and iShares MSCI Kokusai ETF (TOK) is an ETF from iShares by BlackRock (US). Over the past year KOKU returned +15.81% while TOK returned +15.70%. Year to date, KOKU is up 11.45% versus a gain of 11.43% for TOK.
Over three years, KOKU compounded at +21.26% per year against +21.21% for TOK; over five years the annualized figures are +11.82% and +11.67% respectively. Across the full 7-year window we track, KOKU has the edge at +17.51% annualized vs +17.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KOKU has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 15.0% for TOK. 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 -25.8% for KOKU and -25.9% for TOK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
KOKU charges 0.09% per year while TOK charges 0.25%. On a $10,000 position that is $9 vs $25 annually, a gap of $16 per year that compounds over a long holding period. On income, KOKU currently yields 1.32% against 1.29% for TOK.
Holdings Overlap
92.4% of KOKU's money is in holdings TOK also owns. 93.4% of TOK's money is in holdings KOKU also owns.
Most of TOK is already inside KOKU. Owning both mostly buys the same companies twice.
880 positions in common, counted across the 1,079 positions we hold weights for in KOKU and 1,057 in TOK, against full books of 2,185 and 1,103.
Top Shared Holdings
| Stock | Weight in KOKU | Weight in TOK | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.66% | 6.24% | 0.58% |
| AAPLApple, Inc | 5.71% | 5.70% | 0.01% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.16% | 4.25% | 0.09% |
| AMZNAmazon.Com Inc | 2.86% | 2.82% | 0.04% |
| GOOGLAlphabet Inc Cap Stk Cl A | 2.39% | 2.33% | 0.06% |
| GOOGAlphabet Inc Class C | 1.89% | 1.84% | 0.05% |
| AVGOBroadcom Inc | 1.82% | 1.82% | 0.00% |
| METAMeta Platform Inc | 1.71% | 1.87% | 0.16% |
| MUMicron Technology, Inc. | 1.22% | 1.46% | 0.24% |
| TSLATesla Motors Inc | 1.20% | 1.19% | 0.01% |
93.4% of TOK is already inside KOKU.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KOKU or TOK?
KOKU has an expense ratio of 0.09% while TOK charges 0.25%. KOKU is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, KOKU or TOK?
Over the past year KOKU returned +15.81% vs +15.70% for TOK, so KOKU leads on 1-year performance. Over the longest common window we track (7 years), KOKU annualized +17.51% vs +17.29% for TOK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KOKU or TOK?
KOKU has been the more volatile fund at 15.1% annualized versus 15.0% for TOK. Worst drawdown: KOKU -25.8% vs TOK -25.9%.
Should I hold both KOKU and TOK?
KOKU and TOK have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between KOKU and TOK?
93.4% of TOK's money is in holdings KOKU also owns. 93.4% of TOK's is in holdings KOKU also owns. They hold 880 positions in common, counted across the 1,079 positions we hold weights for in KOKU and 1,057 in TOK.
Which pays a higher dividend, KOKU or TOK?
KOKU yields 1.32% while TOK yields 1.29%, so KOKU currently pays the higher dividend yield.
Is TOK better than KOKU?
KOKU has a lower expense ratio. KOKU led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. KOKU is less concentrated, with 28.6% of the fund in its ten largest positions against 29.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.