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KT vs SKM: Correlation

How closely do KT Corporation (KT) and SK Telecom Co., Ltd. (SKM) 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

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
415.7
%² · weekly, annualized

How correlated are KT and SKM?

Over the past 3 years, KT and SKM moved with a correlation of 0.54, which is moderate. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 415.7 %².

SKM is one of the assets that tracks KT most closely: it ranks #1 out of the 10 assets we track against KT. Their recent paths diverged sharply: over the last 12 months SKM outperformed by 83.0 percentage points (-2.9% for KT against +80.1% for SKM).

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.

KT vs SKM: side by side

KT (KT Corporation)SKM (SK Telecom Co., Ltd.)
1-year return-2.9%+80.1%
5-year return+67.8%+83.7%
Volatility (ann.)24.6%31.3%
Beta vs S&P 5000.340.32
Max drawdown (3Y)-29.7%-35.6%
Market cap$9.3B$15.2B
P/E (trailing)10.229.0
Dividend yield12207.53%4170.85%
Sector / categoryUS ListedUS Listed
Lower P/E: KT 10.2 vs 29.0Higher yield: KT 12207.53% vs 4170.85%Smaller drawdown: KT -29.7% vs -35.6%Higher 5y return: SKM +83.7% vs +67.8%
-13%0%+85%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). KT · SKM

Year-by-year returns

YearKTSKM
2022+13.3%-17.8%
2023+5.0%+11.6%
2024+19.9%+2.9%
2025+26.3%+1.0%
2026+3.3%+92.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KT and SKM good diversifiers for each other?

Only partially. A correlation of 0.54 means KT and SKM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between KT and SKM?

Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.64 over the last year and 0.55 over 5 years.

Is SKM a good diversifier for KT?

Only partially. A correlation of 0.54 means KT and SKM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/kt-vs-skm.json

KT vs SKM: 3-year weekly correlation 0.54KT vs SKM0.54

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Related comparisons

Hubs: KT correlations · SKM correlations