CKX vs QQQ: Correlation
How closely do CKX Lands, Inc. (CKX) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.03, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CKX and QQQ?
Across a 3-year window, the weekly returns of CKX and QQQ correlate at 0.03, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.05) sits close to the 3-year figure. Stretching to 5 years gives 0.05, with an annualized covariance of 16.0 %².
Within CKX's tracked universe of 14 assets, QQQ comes in at #6 by 3-year correlation. The last year tells two different stories: QQQ led by 31.4 percentage points, -5.1% for CKX against +26.3% for QQQ.
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.
CKX vs QQQ: side by side
| CKX (CKX Lands, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -5.1% | +26.3% |
| 5-year return | -7.1% | +95.4% |
| Volatility (ann.) | 25.7% | 19.6% |
| Beta vs S&P 500 | 0.01 | 1.28 |
| Max drawdown (3Y) | -37.0% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 7.5 | – |
| 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 | CKX | QQQ |
|---|---|---|
| 2022 | -11.2% | -32.6% |
| 2023 | +30.3% | +54.9% |
| 2024 | -2.8% | +25.6% |
| 2025 | -27.4% | +20.8% |
| 2026 | +16.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CKX and QQQ good diversifiers for each other?
Yes. With a correlation of 0.03, CKX and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CKX and QQQ?
As of 2026-08-27, the correlation of weekly returns between CKX and QQQ is 0.03 over 3 years, -0.05 over 1 year and 0.05 over 5 years.
Is QQQ a good diversifier for CKX?
Yes. With a correlation of 0.03, CKX and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.03 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: CKX correlations · QQQ correlations
