KF vs LPL: Correlation
How closely do Korea Fund, Inc. (The) New (KF) and LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KF and LPL?
Across a 3-year window, the weekly returns of KF and LPL correlate at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. Stretching to 5 years gives 0.56, with an annualized covariance of 787.2 %².
Within KF's tracked universe of 17 assets, LPL comes in at #8 by 3-year correlation. The last year tells two different stories: KF led by 167.8 percentage points, +144.4% for KF against -23.4% for LPL.
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.
KF vs LPL: side by side
| KF (Korea Fund, Inc. (The) New) | LPL (LG Display Co, Ltd AMERICAN DEPOSITORY SHARES) | |
|---|---|---|
| 1-year return | +144.4% | -23.4% |
| 5-year return | +138.0% | -62.1% |
| Volatility (ann.) | 33.8% | 43.3% |
| Beta vs S&P 500 | 1.18 | 1.27 |
| Max drawdown (3Y) | -35.2% | -52.8% |
| Market cap | $0.3B | $3.3B |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KF | LPL |
|---|---|---|
| 2022 | -30.0% | -50.9% |
| 2023 | +12.3% | -2.8% |
| 2024 | -19.3% | -36.3% |
| 2025 | +104.8% | +37.1% |
| 2026 | +78.6% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KF and LPL good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KF and LPL?
As of 2026-08-27, the correlation of weekly returns between KF and LPL is 0.54 over 3 years, 0.58 over 1 year and 0.56 over 5 years.
Is LPL a good diversifier for KF?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 mean?
A reading of 0.54 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/kf-vs-lpl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kf-vs-lpl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KF correlations · LPL correlations
