DIBS vs KSPI: Correlation
Measured on weekly returns over the past three years, 1stdibs.com, Inc. (DIBS) and Joint Stock Company Kaspi.kz - American Depository Shares (KSPI) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIBS and KSPI?
Over the past 3 years, DIBS and KSPI moved with a correlation of 0.40, which is moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 760.6 %².
KSPI is one of the assets that tracks DIBS most closely: it ranks #3 out of the 11 assets we track against DIBS. Their recent paths diverged sharply: over the last 12 months DIBS outperformed by 41.3 percentage points (+59.9% for DIBS against +18.6% for KSPI).
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.
DIBS vs KSPI: side by side
| DIBS (1stdibs.com, Inc.) | KSPI (Joint Stock Company Kaspi.kz - American Depository Shares) | |
|---|---|---|
| 1-year return | +59.9% | +18.6% |
| 5-year return | -74.0% | n/a |
| Volatility (ann.) | 47.7% | 39.5% |
| Beta vs S&P 500 | 0.59 | 1.08 |
| Max drawdown (3Y) | -61.3% | -48.9% |
| Market cap | $0.1B | $20.0B |
| P/E (trailing) | – | 9.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DIBS | KSPI |
|---|---|---|
| 2022 | -59.4% | – |
| 2023 | -7.9% | – |
| 2024 | -24.4% | – |
| 2025 | +69.2% | -17.5% |
| 2026 | -27.4% | +40.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIBS and KSPI good diversifiers for each other?
Reasonably. At 0.40, DIBS and KSPI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DIBS and KSPI?
As of 2026-08-27, the correlation of weekly returns between DIBS and KSPI is 0.40 over 3 years, 0.42 over 1 year and n/a over 5 years.
Is KSPI a good diversifier for DIBS?
Reasonably. At 0.40, DIBS and KSPI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dibs-vs-kspi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dibs-vs-kspi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DIBS correlations · KSPI correlations
