KFFB vs QQQ: Correlation
Kentucky First Federal Bancorp (KFFB) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.06.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KFFB and QQQ?
Across a 3-year window, the weekly returns of KFFB and QQQ correlate at 0.06, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.03 over 1 year against 0.06 over 3. Stretching to 5 years gives -0.06, with an annualized covariance of 40.5 %².
Out of 10 assets tracked against KFFB, QQQ lands near the bottom at #7. Correlation aside, the last 12 months split them widely, with KFFB ahead by 58.4 points (+84.7% versus +26.3%). Note the risk asymmetry: KFFB runs 1.7 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.
KFFB vs QQQ: side by side
| KFFB (Kentucky First Federal Bancorp) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +84.7% | +26.3% |
| 5-year return | -6.1% | +95.4% |
| Volatility (ann.) | 34.2% | 19.6% |
| Beta vs S&P 500 | 0.21 | 1.28 |
| Max drawdown (3Y) | -61.6% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 24.6 | – |
| 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 | KFFB | QQQ |
|---|---|---|
| 2022 | -6.6% | -32.6% |
| 2023 | -28.8% | +54.9% |
| 2024 | -32.7% | +25.6% |
| 2025 | +56.0% | +20.8% |
| 2026 | +27.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KFFB and QQQ good diversifiers for each other?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KFFB and QQQ?
The KFFB/QQQ correlation stands at 0.06 on a 3-year window (1 year: 0.03, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for KFFB?
Yes: at 0.06, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.06 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
$ curl https://www.pairbook.io/api/v1/pairs/kffb-vs-qqq.json
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[](https://www.pairbook.io/pair/kffb-vs-qqq/)
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Related comparisons
Hubs: KFFB correlations · QQQ correlations
