KBR vs QQQ: Correlation
KBR, Inc. (KBR) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KBR and QQQ?
On 3 years of weekly data the KBR/QQQ correlation comes out at 0.22, weak. The past 12 months show a weaker link (0.05) than the 3-year average (0.22). The 5-year figure is 0.28, and annualized covariance runs at 129.2 %².
By 3-year correlation, QQQ places #14 of the 20 assets tracked against KBR. Correlation aside, the last 12 months split them widely, with QQQ ahead by 51.1 points (-24.8% versus +26.3%). Risk is not evenly split, since KBR carries 1.5 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.
KBR vs QQQ: side by side
| KBR (KBR, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -24.8% | +26.3% |
| 5-year return | +4.0% | +95.4% |
| Volatility (ann.) | 29.9% | 19.6% |
| Beta vs S&P 500 | 0.62 | 1.28 |
| Max drawdown (3Y) | -57.4% | -22.8% |
| Market cap | $4.8B | – |
| P/E (trailing) | 11.5 | – |
| Dividend yield | 1.74% | 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 | KBR | QQQ |
|---|---|---|
| 2022 | +11.9% | -32.6% |
| 2023 | +5.9% | +54.9% |
| 2024 | +5.6% | +25.6% |
| 2025 | -29.7% | +20.8% |
| 2026 | -4.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KBR and QQQ good diversifiers for each other?
Reasonably. At 0.22, KBR and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KBR and QQQ?
Using weekly returns as of 2026-08-27: 0.22 over 3 years, with 0.05 over the last year and 0.28 over 5 years.
Is QQQ a good diversifier for KBR?
Reasonably. At 0.22, KBR and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.22 mean?
A reading of 0.22 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/kbr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kbr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KBR correlations · QQQ correlations
