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
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 500 | 0.34 | 0.32 |
| Max drawdown (3Y) | -29.7% | -35.6% |
| Market cap | $9.3B | $15.2B |
| P/E (trailing) | 10.2 | 29.0 |
| Dividend yield | 12207.53% | 4170.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KT | SKM |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/kt-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kt-vs-skm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KT correlations · SKM correlations