KB vs. SHG
KB (KB Financial Group Inc.) and SHG (Shinhan Financial Group Co., Ltd.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, KB returned 17.76%/yr vs 10.24%/yr for SHG. A 0.77 correlation means they provide meaningful diversification when combined.
Performance
KB vs. SHG - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with KB having a 24.24% return and SHG slightly lower at 23.36%. Over the past 10 years, KB has outperformed SHG with an annualized return of 17.76%, while SHG has yielded a comparatively lower 10.24% annualized return.
KB
- 1D
- -0.81%
- 1M
- 0.98%
- YTD
- 24.24%
- 6M
- 25.23%
- 1Y
- 38.19%
- 3Y*
- 49.57%
- 5Y*
- 22.43%
- 10Y*
- 17.76%
SHG
- 1D
- -0.74%
- 1M
- 2.88%
- YTD
- 23.36%
- 6M
- 23.85%
- 1Y
- 54.41%
- 3Y*
- 41.82%
- 5Y*
- 17.74%
- 10Y*
- 10.24%
KB vs. SHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KB KB Financial Group Inc. | 24.24% | 56.57% | 45.22% | 10.35% | -11.26% | 22.62% | -0.46% | -1.45% | -28.25% | 65.80% |
SHG Shinhan Financial Group Co., Ltd. | 23.36% | 68.28% | 12.80% | 15.25% | -4.61% | 5.27% | -21.83% | 7.27% | -23.51% | 23.27% |
Correlation
The correlation between KB and SHG is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2003 | 0.77 |
The correlation between KB and SHG has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.
Fundamentals
KB:
$39.99B
SHG:
$31.92B
KB:
₩16.37K
SHG:
₩10.58K
KB:
9.92
SHG:
9.59
KB:
1.10
SHG:
1.12
KB:
1.38
SHG:
1.41
KB:
1.12
SHG:
0.83
KB:
₩43.88T
SHG:
₩34.80T
KB:
₩22.91T
SHG:
₩16.62T
KB:
₩9.39T
SHG:
₩8.32T
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Return for Risk
KB vs. SHG — Risk / Return Rank
KB
SHG
KB vs. SHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KB Financial Group Inc. (KB) and Shinhan Financial Group Co., Ltd. (SHG). 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.
| KB | SHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.29 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | 3.03 | -0.74 |
| Martin ratioReturn relative to average drawdown | 4.54 | 8.29 | -3.75 |
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Drawdowns
KB vs. SHG - Drawdown Comparison
The maximum KB drawdown since its inception was -84.27%, roughly equal to the maximum SHG drawdown of -82.02%. Use the drawdown chart below to compare losses from any high point for KB and SHG.
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Drawdown Indicators
| KB | SHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.27% | -82.02% | -2.25% |
Max Drawdown (1Y)Largest decline over 1 year | -16.74% | -18.03% | +1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -34.41% | -35.19% | +0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -42.89% | -35.19% | -7.70% |
Max Drawdown (10Y)Largest decline over 10 years | -66.92% | -65.50% | -1.42% |
Current DrawdownCurrent decline from peak | -9.57% | -7.75% | -1.82% |
Average DrawdownAverage peak-to-trough decline | -40.11% | -33.79% | -6.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.44% | 6.58% | +1.86% |
Volatility
KB vs. SHG - Volatility Comparison
KB Financial Group Inc. (KB) has a higher volatility of 14.09% compared to Shinhan Financial Group Co., Ltd. (SHG) at 11.82%. This indicates that KB's price experiences larger fluctuations and is considered to be riskier than SHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KB | SHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.09% | 11.82% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 27.00% | 23.91% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.61% | 31.11% | +5.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.69% | 30.12% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.90% | 30.39% | +2.51% |
Dividends
KB vs. SHG - Dividend Comparison
KB's dividend yield for the trailing twelve months is around 2.25%, more than SHG's 0.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KB KB Financial Group Inc. | 2.25% | 2.92% | 4.98% | 2.81% | 5.78% | 5.27% | 3.97% | 0.00% | 0.00% | 0.00% | 3.10% | 3.05% |
SHG Shinhan Financial Group Co., Ltd. | 0.62% | 2.24% | 5.96% | 3.87% | 5.54% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 3.35% | 3.10% |
Financials
KB vs. SHG - Financials Comparison
This section allows you to compare key financial metrics between KB Financial Group Inc. and Shinhan Financial Group Co., Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KB vs. SHG - Profitability Comparison
KB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KB Financial Group Inc. reported a gross profit of 2.71T and revenue of 2.71T. Therefore, the gross margin over that period was 100.0%.
SHG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Shinhan Financial Group Co., Ltd. reported a gross profit of 4.19T and revenue of 8.73T. Therefore, the gross margin over that period was 48.0%.
KB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KB Financial Group Inc. reported an operating income of 2.71T and revenue of 2.71T, resulting in an operating margin of 100.0%.
SHG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Shinhan Financial Group Co., Ltd. reported an operating income of 2.29T and revenue of 8.73T, resulting in an operating margin of 26.2%.
KB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KB Financial Group Inc. reported a net income of 1.97T and revenue of 2.71T, resulting in a net margin of 72.8%.
SHG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Shinhan Financial Group Co., Ltd. reported a net income of 1.62T and revenue of 8.73T, resulting in a net margin of 18.6%.
Frequently Asked Questions
KB and SHG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KB has higher volatility (14.09%) compared to SHG (11.82%). In terms of maximum drawdown, KB dropped -84.27% vs SHG's -82.02%.
SHG currently has the higher Sharpe Ratio (1.76 vs 1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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