KEP vs QQQ: Correlation
Korea Electric Power Corporation (KEP) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEP and QQQ?
On 3 years of weekly data the KEP/QQQ correlation comes out at 0.26, weak. The link has tightened recently: the 1-year correlation (0.38) runs above the 3-year figure (0.26). The 5-year figure is 0.28, and annualized covariance runs at 221.4 %².
Out of 10 assets tracked against KEP, QQQ lands near the bottom at #7. Correlation aside, the last 12 months split them widely, with QQQ ahead by 37.2 points (-10.9% versus +26.3%). Note the risk asymmetry: KEP runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KEP vs QQQ: side by side
| KEP (Korea Electric Power Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -10.9% | +26.3% |
| 5-year return | +18.4% | +95.4% |
| Volatility (ann.) | 43.0% | 19.6% |
| Beta vs S&P 500 | 0.89 | 1.28 |
| Max drawdown (3Y) | -51.9% | -22.8% |
| Market cap | $15.3B | – |
| P/E (trailing) | 2.8 | – |
| Dividend yield | 12598.04% | 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 | KEP | QQQ |
|---|---|---|
| 2022 | -5.5% | -32.6% |
| 2023 | -16.1% | +54.9% |
| 2024 | -4.0% | +25.6% |
| 2025 | +139.8% | +20.8% |
| 2026 | -27.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEP and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KEP and QQQ?
Using weekly returns as of 2026-08-27: 0.26 over 3 years, with 0.38 over the last year and 0.28 over 5 years.
Is QQQ a good diversifier for KEP?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
On the −1 to +1 scale, 0.26 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
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Related comparisons
Hubs: KEP correlations · QQQ correlations
