KN vs QQQ: Correlation
How closely do Knowles Corporation (KN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KN and QQQ?
Over the past 3 years, KN and QQQ moved with a correlation of 0.61, which is strong. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 438.7 %².
Among the 30 assets we track against KN, QQQ ranks #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KN outperformed by 35.6 percentage points (+61.9% for KN against +26.3% for QQQ). Risk is not evenly split, since KN carries 1.9 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.
KN vs QQQ: side by side
| KN (Knowles Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +61.9% | +26.3% |
| 5-year return | +73.8% | +95.4% |
| Volatility (ann.) | 36.5% | 19.6% |
| Beta vs S&P 500 | 1.65 | 1.28 |
| Max drawdown (3Y) | -38.0% | -22.8% |
| Market cap | $3.0B | – |
| P/E (trailing) | 41.1 | – |
| 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 | KN | QQQ |
|---|---|---|
| 2022 | -29.7% | -32.6% |
| 2023 | +9.1% | +54.9% |
| 2024 | +11.3% | +25.6% |
| 2025 | +7.5% | +20.8% |
| 2026 | +63.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KN and QQQ good diversifiers for each other?
Only partially. A correlation of 0.61 means KN and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between KN and QQQ?
The KN/QQQ correlation stands at 0.61 on a 3-year window (1 year: 0.51, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for KN?
Only partially. A correlation of 0.61 means KN and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
On the −1 to +1 scale, 0.61 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/kn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KN correlations · QQQ correlations
