KLIC vs QQQ: Correlation
Measured on weekly returns over the past three years, Kulicke and Soffa Industries, Inc. (KLIC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KLIC and QQQ?
On 3 years of weekly data the KLIC/QQQ correlation comes out at 0.51, moderate. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.51). The 5-year figure is 0.58, and annualized covariance runs at 440.3 %².
Within KLIC's tracked universe of 20 assets, QQQ comes in at #11 by 3-year correlation. The last year tells two different stories: KLIC led by 102.0 percentage points, +128.3% for KLIC against +26.3% for QQQ. Note the risk asymmetry: KLIC 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.
KLIC vs QQQ: side by side
| KLIC (Kulicke and Soffa Industries, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +128.3% | +26.3% |
| 5-year return | +30.7% | +95.4% |
| Volatility (ann.) | 43.9% | 19.6% |
| Beta vs S&P 500 | 1.49 | 1.28 |
| Max drawdown (3Y) | -49.3% | -22.8% |
| Market cap | $4.4B | – |
| P/E (trailing) | 38.8 | – |
| Dividend yield | 0.97% | 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 | KLIC | QQQ |
|---|---|---|
| 2022 | -25.8% | -32.6% |
| 2023 | +25.5% | +54.9% |
| 2024 | -13.2% | +25.6% |
| 2025 | -0.3% | +20.8% |
| 2026 | +86.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KLIC and QQQ good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between KLIC and QQQ?
The KLIC/QQQ correlation stands at 0.51 on a 3-year window (1 year: 0.39, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for KLIC?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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
$ curl https://www.pairbook.io/api/v1/pairs/klic-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/klic-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KLIC correlations · QQQ correlations
