Correlation between US Tech Stocks and South Korean Stock Market Rises to Highest Level Since 2021
2026-07-28 08:24
The Odality Planet Daily reported that according to data provided by asset management company Rayliant, the 60-day correlation between the KOSPI and the Nasdaq 100 has recently climbed to around 0.50, the highest level since 2021. Market participants warn that this tighter relationship also brings risks, as the increased correlation erodes the diversification and risk-hedging benefits that investors traditionally seek by holding both US and South Korean stocks. (Caixin)
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