Suppose I have a compact metric space $(X,d)$ and let $\mathcal{X}=X^K$ be the product space. Consider the equivalence relation $\sim$ on $\mathcal{X}$ given as: for $\alpha,\beta\in \mathcal{X}$, $\alpha\sim\beta$ iff there exists a permutation $\tau$ of $\{1,\dots,K\}$ such that $\alpha_i = \beta_{\tau(i)}$ for all $i$. Consider the quotient space $\mathcal{X}/\sim$ and define a metric $\rho$ on this quotient space as $\rho([\alpha],[\beta]) = \min_{\tau} \sum_i d(\alpha_i, \beta_{\tau(i)})$.
I could show this defines a well-defined valid metric. I also know that product of compact spaces under the product metric is compact (Tychonoff's theorem) and for a compact topological space $Q$ with an equivalence relation $R$, the quotient space $Q/R$ is also compact. But are there any results showing whether $(\mathcal{X}/\sim, \rho)$ is compact under the topology induced by this metric (necessary and/or sufficient conditions if any)?