KURA vs QQQ: Correlation
Kura Oncology, Inc. (KURA) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KURA and QQQ?
Across a 3-year window, the weekly returns of KURA and QQQ correlate at 0.35, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.35 over 3. Stretching to 5 years gives 0.33, with an annualized covariance of 411.5 %².
Within KURA's tracked universe of 20 assets, QQQ comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KURA outperformed by 41.4 percentage points (+67.7% for KURA against +26.3% for QQQ). Note the risk asymmetry: KURA runs 3.1 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.
KURA vs QQQ: side by side
| KURA (Kura Oncology, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +67.7% | +26.3% |
| 5-year return | -30.6% | +95.4% |
| Volatility (ann.) | 59.8% | 19.6% |
| Beta vs S&P 500 | 1.61 | 1.28 |
| Max drawdown (3Y) | -76.5% | -22.8% |
| Market cap | $1.2B | – |
| 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 | KURA | QQQ |
|---|---|---|
| 2022 | -11.4% | -32.6% |
| 2023 | +15.9% | +54.9% |
| 2024 | -39.4% | +25.6% |
| 2025 | +19.3% | +20.8% |
| 2026 | +26.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KURA and QQQ good diversifiers for each other?
Reasonably. At 0.35, KURA and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KURA and QQQ?
As of 2026-08-27, the correlation of weekly returns between KURA and QQQ is 0.35 over 3 years, 0.35 over 1 year and 0.33 over 5 years.
Is QQQ a good diversifier for KURA?
Reasonably. At 0.35, KURA and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 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/kura-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kura-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KURA correlations · QQQ correlations
