KB vs VEA: Correlation
How closely do KB Financial Group Inc (KB) and Vanguard FTSE Developed Markets ETF (VEA) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KB and VEA?
Over the past 3 years, KB and VEA moved with a correlation of 0.44, which is moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.44 over 3. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 246.6 %².
Within KB's tracked universe of 11 assets, VEA comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KB ahead by 26.7 points (+55.2% versus +28.5%). Note the risk asymmetry: KB runs 2.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KB vs VEA: side by side
| KB (KB Financial Group Inc) | VEA (Vanguard FTSE Developed Markets ETF) | |
|---|---|---|
| 1-year return | +55.2% | +28.5% |
| 5-year return | +221.4% | +63.5% |
| Volatility (ann.) | 37.2% | 15.1% |
| Beta vs S&P 500 | 0.96 | 0.79 |
| Max drawdown (3Y) | -34.4% | -13.5% |
| Market cap | $42.6B | – |
| P/E (trailing) | 9.9 | – |
| Dividend yield | 3998.84% | 2.56% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $314.9B |
| Sector / category | US Listed | ETF · International |
VEA is a Foreign Large Blend fund from Vanguard: $314.9B under management, 3769 holdings, a 0.03% expense ratio, a 2.56% trailing dividend yield.
Year-by-year returns
| Year | KB | VEA |
|---|---|---|
| 2022 | -11.3% | -15.3% |
| 2023 | +10.3% | +17.9% |
| 2024 | +45.2% | +3.1% |
| 2025 | +55.5% | +35.2% |
| 2026 | +41.1% | +18.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KB and VEA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KB and VEA?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.49 over the last year and 0.52 over 5 years.
Is VEA a good diversifier for KB?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kb-vs-vea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kb-vs-vea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KB correlations · VEA correlations
