BRN vs QQQ: Correlation
Barnwell Industries, Inc. (BRN) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.07.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRN and QQQ?
On 3 years of weekly data the BRN/QQQ correlation comes out at -0.07, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.01 lands near the 3-year figure. The 5-year figure is -0.03, and annualized covariance runs at -69.7 %².
Within BRN's tracked universe of 35 assets, QQQ comes in at #9 by 3-year correlation. The last year tells two different stories: QQQ led by 45.4 percentage points, -19.1% for BRN against +26.3% for QQQ. Risk is not evenly split, since BRN carries 2.7 times the volatility of the other side.
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.
BRN vs QQQ: side by side
| BRN (Barnwell Industries, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -19.1% | +26.3% |
| 5-year return | -58.9% | +95.4% |
| Volatility (ann.) | 53.1% | 19.6% |
| Beta vs S&P 500 | -0.22 | 1.28 |
| Max drawdown (3Y) | -68.5% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 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 | BRN | QQQ |
|---|---|---|
| 2022 | +2.8% | -32.6% |
| 2023 | -16.5% | +54.9% |
| 2024 | -37.9% | +25.6% |
| 2025 | -26.5% | +20.8% |
| 2026 | -14.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRN and QQQ good diversifiers for each other?
Yes. With a correlation of -0.07, BRN and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BRN and QQQ?
Using weekly returns as of 2026-08-27: -0.07 over 3 years, with 0.01 over the last year and -0.03 over 5 years.
Is QQQ a good diversifier for BRN?
Yes. With a correlation of -0.07, BRN and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.07 mean?
A reading of -0.07 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/brn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brn-vs-qqq/)
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Related comparisons
Hubs: BRN correlations · QQQ correlations
