PairBook
HomeKRUS › KRUS vs QQQ

KRUS vs QQQ: Correlation

How closely do Kura Sushi USA, Inc. (KRUS) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.27, which is weak.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.27
weak
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
367.1
%² · weekly, annualized

How correlated are KRUS and QQQ?

Over the past 3 years, KRUS and QQQ moved with a correlation of 0.27, which is weak. Recent behaviour matches the longer record: 0.20 over 1 year against 0.27 over 3. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 367.1 %².

Out of 13 assets tracked against KRUS, QQQ lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with QQQ ahead by 69.2 points (-42.9% versus +26.3%). Note the risk asymmetry: KRUS runs 3.5 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.

KRUS vs QQQ: side by side

KRUS (Kura Sushi USA, Inc.)QQQ (Invesco QQQ Trust)
1-year return-42.9%+26.3%
5-year return-8.8%+95.4%
Volatility (ann.)69.0%19.6%
Beta vs S&P 5001.571.28
Max drawdown (3Y)-65.4%-22.8%
Market cap$0.6B
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -65.4%Higher 5y return: QQQ +95.4% vs -8.8%

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.

-46%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KRUS · QQQ

Year-by-year returns

YearKRUSQQQ
2022-41.0%-32.6%
2023+59.4%+54.9%
2024+19.2%+25.6%
2025-42.2%+20.8%
2026-11.6%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KRUS and QQQ good diversifiers for each other?

A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KRUS and QQQ?

The KRUS/QQQ correlation stands at 0.27 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 KRUS?

A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.27 mean?

On the −1 to +1 scale, 0.27 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/krus-vs-qqq.json

KRUS vs QQQ: 3-year weekly correlation 0.27KRUS vs QQQ0.27

Embed this badge (it refreshes with the data), with attribution:

[![KRUS vs QQQ correlation](https://www.pairbook.io/api/v1/badge/krus-vs-qqq.svg)](https://www.pairbook.io/pair/krus-vs-qqq/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: KRUS correlations · QQQ correlations