KF vs TROO: Correlation
How closely do Korea Fund, Inc. (The) New (KF) and TROOPS, Inc. (TROO) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KF and TROO?
Over the past 3 years, KF and TROO moved with a correlation of 0.28, which is weak. Recent behaviour matches the longer record: 0.32 over 1 year against 0.28 over 3. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 991.7 %².
TROO is close to the least connected end of KF's tracked universe, ranking #13 of 17. The last year tells two different stories: KF led by 49.7 percentage points, +144.4% for KF against +94.7% for TROO. Risk is not evenly split, since TROO carries 3.1 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.
KF vs TROO: side by side
| KF (Korea Fund, Inc. (The) New) | TROO (TROOPS, Inc.) | |
|---|---|---|
| 1-year return | +144.4% | +94.7% |
| 5-year return | +138.0% | -73.3% |
| Volatility (ann.) | 33.8% | 104.4% |
| Beta vs S&P 500 | 1.18 | 0.54 |
| Max drawdown (3Y) | -35.2% | -89.5% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KF | TROO |
|---|---|---|
| 2022 | -30.0% | -55.6% |
| 2023 | +12.3% | +37.2% |
| 2024 | -19.3% | -45.2% |
| 2025 | +104.8% | +95.1% |
| 2026 | +78.6% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KF and TROO good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KF and TROO?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.32 over the last year and 0.29 over 5 years.
Is TROO a good diversifier for KF?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
A reading of 0.28 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-troo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kf-vs-troo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KF correlations · TROO correlations
