BGY vs KB: Correlation
How closely do Blackrock Enhanced International Dividend Trust (BGY) and KB Financial Group Inc (KB) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGY and KB?
Across a 3-year window, the weekly returns of BGY and KB correlate at 0.47, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.47 over 3. Stretching to 5 years gives 0.50, with an annualized covariance of 273.4 %².
Among the 13 assets we track against BGY, KB sits near the bottom by co-movement, at rank #10. The last year tells two different stories: KB led by 43.3 percentage points, +11.9% for BGY against +55.2% for KB. Risk is not evenly split, since KB carries 2.4 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BGY vs KB: side by side
| BGY (Blackrock Enhanced International Dividend Trust) | KB (KB Financial Group Inc) | |
|---|---|---|
| 1-year return | +11.9% | +55.2% |
| 5-year return | +38.4% | +221.4% |
| Volatility (ann.) | 15.7% | 37.2% |
| Beta vs S&P 500 | 0.77 | 0.96 |
| Max drawdown (3Y) | -15.5% | -34.4% |
| Market cap | $0.5B | $42.6B |
| P/E (trailing) | 6.6 | 9.9 |
| Dividend yield | 8.63% | 3998.84% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BGY | KB |
|---|---|---|
| 2022 | -13.6% | -11.3% |
| 2023 | +13.4% | +10.3% |
| 2024 | +8.7% | +45.2% |
| 2025 | +21.3% | +55.5% |
| 2026 | +6.4% | +41.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGY and KB good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BGY and KB?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.55 over the last year and 0.50 over 5 years.
Is KB a good diversifier for BGY?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: BGY correlations · KB correlations
