226490.KS vs. ^GSPC
226490.KS (KODEX KOSPI ETF) is South Korea Equities fund tracking the KOSPI Index, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, 226490.KS returned 15.28%/yr vs 16.22%/yr for ^GSPC. At a 0.06 correlation, their price movements are largely independent.
Performance
226490.KS vs. ^GSPC - Performance Comparison
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Different Trading Currencies
226490.KS is traded in KRW, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to KRW using the latest available exchange rates.
Returns By Period
In the year-to-date period, 226490.KS achieves a 63.17% return, which is significantly higher than ^GSPC's 12.55% return. Over the past 10 years, 226490.KS has underperformed ^GSPC with an annualized return of 15.28%, while ^GSPC has yielded a comparatively higher 16.22% annualized return.
226490.KS
- 1D
- -6.54%
- 1M
- -22.81%
- 6M
- 42.13%
- YTD
- 63.17%
- 1Y
- 116.88%
- 3Y*
- 40.55%
- 5Y*
- 18.43%
- 10Y*
- 15.28%
^GSPC
- 1D
- -0.29%
- 1M
- -2.03%
- 6M
- 8.55%
- YTD
- 12.55%
- 1Y
- 26.56%
- 3Y*
- 24.51%
- 5Y*
- 17.55%
- 10Y*
- 16.22%
226490.KS vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
226490.KS KODEX KOSPI ETF | 63.17% | 79.41% | -7.43% | 20.19% | -22.48% | 5.26% | 32.87% | 9.76% | -15.46% | 23.69% |
^GSPC S&P 500 Index | 12.55% | 13.71% | 40.59% | 27.77% | -14.88% | 39.02% | 9.43% | 33.77% | -2.19% | 5.51% |
Correlation
The correlation between 226490.KS and ^GSPC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 21, 2015 | 0.06 |
The correlation between 226490.KS and ^GSPC shifts across timeframes, from 0.06 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
226490.KS vs. ^GSPC — Risk / Return Rank
226490.KS
^GSPC
226490.KS vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KODEX KOSPI ETF (226490.KS) and S&P 500 Index (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 226490.KS | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.89 | 4.09 | +0.79 |
| Martin ratioReturn relative to average drawdown | 18.28 | 13.24 | +5.04 |
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Drawdowns
226490.KS vs. ^GSPC - Drawdown Comparison
The maximum 226490.KS drawdown since its inception was -41.27%, which is greater than ^GSPC's maximum drawdown of -30.67%. Use the drawdown chart below to compare losses from any high point for 226490.KS and ^GSPC.
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Drawdown Indicators
| 226490.KS | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.27% | -30.67% | -10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -6.52% | -18.63% |
Max Drawdown (3Y)Largest decline over 3 years | -25.15% | -17.39% | -7.76% |
Max Drawdown (5Y)Largest decline over 5 years | -32.45% | -17.96% | -14.49% |
Max Drawdown (10Y)Largest decline over 10 years | -41.27% | -30.67% | -10.60% |
Current DrawdownCurrent decline from peak | -24.95% | -4.51% | -20.44% |
Average DrawdownAverage peak-to-trough decline | -10.61% | -5.25% | -5.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 2.01% | +4.61% |
Volatility
226490.KS vs. ^GSPC - Volatility Comparison
KODEX KOSPI ETF (226490.KS) has a higher volatility of 21.93% compared to S&P 500 Index (^GSPC) at 4.31%. This indicates that 226490.KS's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 226490.KS | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.93% | 4.31% | +17.62% |
Volatility (6M)Calculated over the trailing 6-month period | 43.00% | 9.19% | +33.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.89% | 12.30% | +33.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.82% | 16.23% | +9.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.83% | 16.75% | +5.08% |
Frequently Asked Questions
226490.KS and ^GSPC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for 226490.KS and ^GSPC
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