KIM vs QQQ: Correlation
Measured on weekly returns over the past three years, Kimco Realty (KIM) and Invesco QQQ Trust (QQQ) carry a correlation of 0.25, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and QQQ?
Over the past 3 years, KIM and QQQ moved with a correlation of 0.25, which is weak. Lately the two have drifted apart, with the 1-year correlation at -0.06 versus 0.25 over 3 years. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 110.3 %².
By 3-year correlation, QQQ places #35 of the 45 assets tracked against KIM. The trailing year gives QQQ the advantage: +11.4% versus +26.3%, a 14.9-point spread. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.09 to 0.56.
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.
KIM vs QQQ: side by side
| KIM (Kimco Realty) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +11.4% | +26.3% |
| 5-year return | +35.9% | +95.4% |
| Volatility (ann.) | 22.9% | 19.6% |
| Beta vs S&P 500 | 0.63 | 1.28 |
| Max drawdown (3Y) | -25.9% | -22.8% |
| Market cap | $16.0B | – |
| P/E (trailing) | 28.0 | – |
| Dividend yield | 4.29% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Real Estate | 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 | KIM | QQQ |
|---|---|---|
| 2022 | -10.8% | -32.6% |
| 2023 | +6.1% | +54.9% |
| 2024 | +15.0% | +25.6% |
| 2025 | -9.3% | +20.8% |
| 2026 | +20.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and QQQ good diversifiers for each other?
Reasonably. At 0.25, KIM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KIM and QQQ?
The KIM/QQQ correlation stands at 0.25 on a 3-year window (1 year: -0.06, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for KIM?
Reasonably. At 0.25, KIM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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/kim-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kim-vs-qqq/)
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Related comparisons
Hubs: KIM correlations · QQQ correlations
