XKS2.L - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

34.6% p.a.

5-Year Horizon

Max Drawdown (5Y)

-35.0%

Deepest Drawdown

Sharpe Ratio

0.53

Good (0.5 - 1.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

48 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

60.7%

Focused

Effective Holdings

~26

of 82 holdings

Top Sector

51.9%

Technology

Top Region / Country

99.2%

South Korea

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Volatility Expansion (3Y > 5Y) High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+122.3%
3 Years	41.2%	-33.9%	1.03	+45.1%
5 Years	34.6%	-35.0%	0.53	+20.9%
10 Years	31.5%	-45.4%	0.35	+13.6%

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 5.3

Solid fund volume

🟢 High institutional analyst coverage (23.3 analysts)

🔴 Extreme top 10 holdings concentration: 61% of fund in top 10 positions.

🔴 High single-country risk: 99% of portfolio in "South Korea".

⚠️ Elevated emerging markets risk: 99% Emerging Markets.

🔴 Severe sector concentration risk: 52% in "Technology".

⚠️ Industry concentration: 31% in "Consumer Electronics".

🔴 Growth estimates are hyper-concentrated: Top 3 growth drivers account for 68% of total forward growth.

🔴 Dominant Cyclicality: 66% in cyclical industries – higher drawdown risk in recessions.

ℹ️ Tech-Capex Exposure: 57% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Elevated Short-Term Volatility: 3Y volatility (41.2%) is noticeably higher than the 5Y average (34.6%).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (34.6% p.a.).