BOKF vs QQQ: Correlation
BOK Financial Corporation (BOKF) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOKF and QQQ?
Over the past 3 years, BOKF and QQQ moved with a correlation of 0.32, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.01 versus 0.32 over 3 years. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 161.9 %².
Out of 15 assets tracked against BOKF, QQQ lands near the bottom at #12. Neither side won the trailing year by much: +25.5% against +26.3%.
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.
BOKF vs QQQ: side by side
| BOKF (BOK Financial Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +25.5% | +26.3% |
| 5-year return | +78.9% | +95.4% |
| Volatility (ann.) | 25.9% | 19.6% |
| Beta vs S&P 500 | 0.86 | 1.28 |
| Max drawdown (3Y) | -26.2% | -22.8% |
| Market cap | $8.4B | – |
| P/E (trailing) | 13.0 | – |
| Dividend yield | 1.82% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | BOKF | QQQ |
|---|---|---|
| 2022 | +1.2% | -32.6% |
| 2023 | -15.2% | +54.9% |
| 2024 | +27.2% | +25.6% |
| 2025 | +13.8% | +20.8% |
| 2026 | +18.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOKF and QQQ good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BOKF and QQQ?
The BOKF/QQQ correlation stands at 0.32 on a 3-year window (1 year: 0.01, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BOKF?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bokf-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bokf-vs-qqq/)
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Related comparisons
Hubs: BOKF correlations · QQQ correlations
