KOS vs QQQ: Correlation
Kosmos Energy Ltd. (KOS) 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 KOS and QQQ?
Across a 3-year window, the weekly returns of KOS and QQQ correlate at 0.06, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.18) than the 3-year average (0.06). Stretching to 5 years gives 0.10, with an annualized covariance of 82.5 %².
Out of 13 assets tracked against KOS, QQQ lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with KOS ahead by 30.5 points (+56.8% versus +26.3%). Note the risk asymmetry: KOS runs 3.4 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.
KOS vs QQQ: side by side
| KOS (Kosmos Energy Ltd.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +56.8% | +26.3% |
| 5-year return | +24.8% | +95.4% |
| Volatility (ann.) | 67.5% | 19.6% |
| Beta vs S&P 500 | 0.59 | 1.28 |
| Max drawdown (3Y) | -89.4% | -22.8% |
| Market cap | $1.7B | – |
| P/E (trailing) | – | – |
| 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 | KOS | QQQ |
|---|---|---|
| 2022 | +83.8% | -32.6% |
| 2023 | +5.5% | +54.9% |
| 2024 | -49.0% | +25.6% |
| 2025 | -73.4% | +20.8% |
| 2026 | +215.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KOS and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
FAQ
What is the correlation between KOS and QQQ?
Using weekly returns as of 2026-08-27: 0.06 over 3 years, with -0.18 over the last year and 0.10 over 5 years.
Is QQQ a good diversifier for KOS?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
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.
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Related comparisons
Hubs: KOS correlations · QQQ correlations
