KSCP vs QQQ: Correlation
Knightscope, Inc. (KSCP) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.14.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KSCP and QQQ?
On 3 years of weekly data the KSCP/QQQ correlation comes out at 0.14, weak. The past 12 months show a weaker link (-0.04) than the 3-year average (0.14). The 5-year figure is 0.16, and annualized covariance runs at 309.6 %².
QQQ is close to the least connected end of KSCP's tracked universe, ranking #8 of 11. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 103.4 percentage points (-77.1% for KSCP against +26.3% for QQQ). One caveat on sizing: KSCP is 5.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
KSCP vs QQQ: side by side
| KSCP (Knightscope, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -77.1% | +26.3% |
| 5-year return | -99.5% | +95.4% |
| Volatility (ann.) | 112.6% | 19.6% |
| Beta vs S&P 500 | 1.20 | 1.28 |
| Max drawdown (3Y) | -97.6% | -22.8% |
| Market cap | – | – |
| 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 | KSCP | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | -68.3% | +54.9% |
| 2024 | -57.9% | +25.6% |
| 2025 | -70.6% | +20.8% |
| 2026 | -62.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KSCP and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between KSCP and QQQ?
As of 2026-08-27, the correlation of weekly returns between KSCP and QQQ is 0.14 over 3 years, -0.04 over 1 year and 0.16 over 5 years.
Is QQQ a good diversifier for KSCP?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
What does a correlation of 0.14 mean?
A reading of 0.14 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kscp-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kscp-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KSCP correlations · QQQ correlations
