KFY vs RSP: Correlation
Korn Ferry (KFY) and Invesco S&P 500 Equal Weight ETF (RSP) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KFY and RSP?
Across a 3-year window, the weekly returns of KFY and RSP correlate at 0.61, strong. The past 12 months show a weaker link (0.33) than the 3-year average (0.61). Stretching to 5 years gives 0.64, with an annualized covariance of 213.4 %².
By 3-year correlation, RSP places #5 of the 22 assets tracked against KFY. Neither side won the trailing year by much: +16.2% against +19.2%. Note the risk asymmetry: KFY runs 2.0 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.
KFY vs RSP: side by side
| KFY (Korn Ferry) | RSP (Invesco S&P 500 Equal Weight ETF) | |
|---|---|---|
| 1-year return | +16.2% | +19.2% |
| 5-year return | +30.5% | +53.9% |
| Volatility (ann.) | 26.3% | 13.2% |
| Beta vs S&P 500 | 0.89 | 0.77 |
| Max drawdown (3Y) | -24.1% | -17.8% |
| Market cap | $4.3B | – |
| P/E (trailing) | 16.1 | – |
| Dividend yield | 2.37% | 1.49% |
| Expense ratio | – | 0.20% |
| Assets under management | – | $97.3B |
| Sector / category | US Listed | ETF · US Large Cap |
On the fund side, RSP sits in the Large Blend category at Invesco, with $97.3B under management, 505 holdings, a 0.20% expense ratio, a 1.49% trailing dividend yield.
Year-by-year returns
| Year | KFY | RSP |
|---|---|---|
| 2022 | -32.4% | -11.6% |
| 2023 | +19.1% | +13.7% |
| 2024 | +16.1% | +12.8% |
| 2025 | +0.6% | +11.2% |
| 2026 | +30.4% | +16.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KFY and RSP good diversifiers for each other?
To a limited degree. At 0.61 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 KFY and RSP?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.33 over the last year and 0.64 over 5 years.
Is RSP a good diversifier for KFY?
To a limited degree. At 0.61 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 0.61 mean?
On the −1 to +1 scale, 0.61 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kfy-vs-rsp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kfy-vs-rsp/)
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Related comparisons
Hubs: KFY correlations · RSP correlations
