KRC vs QQQ: Correlation
Measured on weekly returns over the past three years, Kilroy Realty Corporation (KRC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.28, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRC and QQQ?
On 3 years of weekly data the KRC/QQQ correlation comes out at 0.28, weak. Little has changed lately, as the 1-year reading of 0.20 lands near the 3-year figure. The 5-year figure is 0.36, and annualized covariance runs at 194.7 %².
QQQ is close to the least connected end of KRC's tracked universe, ranking #13 of 16. The last year tells two different stories: QQQ led by 31.6 percentage points, -5.3% for KRC against +26.3% for QQQ. Note the risk asymmetry: KRC runs 1.8 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.
KRC vs QQQ: side by side
| KRC (Kilroy Realty Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -5.3% | +26.3% |
| 5-year return | -26.0% | +95.4% |
| Volatility (ann.) | 35.5% | 19.6% |
| Beta vs S&P 500 | 1.02 | 1.28 |
| Max drawdown (3Y) | -35.3% | -22.8% |
| Market cap | $4.3B | – |
| P/E (trailing) | 25.8 | – |
| Dividend yield | 5.86% | 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 | KRC | QQQ |
|---|---|---|
| 2022 | -39.2% | -32.6% |
| 2023 | +10.1% | +54.9% |
| 2024 | +7.8% | +25.6% |
| 2025 | -2.0% | +20.8% |
| 2026 | +1.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRC and QQQ good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KRC and QQQ?
The KRC/QQQ correlation stands at 0.28 on a 3-year window (1 year: 0.20, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for KRC?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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/krc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/krc-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KRC correlations · QQQ correlations
