KYN vs QQQ: Correlation
How closely do Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.15, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYN and QQQ?
Over the past 3 years, KYN and QQQ moved with a correlation of 0.15, which is weak. The link has loosened recently: the 1-year correlation (-0.24) runs below the 3-year figure (0.15). Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 64.1 %².
QQQ is close to the least connected end of KYN's tracked universe, ranking #22 of 25. Twelve-month performance is nearly a tie, at +29.1% for KYN and +26.3% for QQQ.
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.
KYN vs QQQ: side by side
| KYN (Kayne Anderson Energy Infrastructure Fund, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +29.1% | +26.3% |
| 5-year return | +190.9% | +95.4% |
| Volatility (ann.) | 22.0% | 19.6% |
| Beta vs S&P 500 | 0.44 | 1.28 |
| Max drawdown (3Y) | -21.6% | -22.8% |
| Market cap | $2.5B | – |
| P/E (trailing) | 5.1 | – |
| Dividend yield | 6.64% | 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 | KYN | QQQ |
|---|---|---|
| 2022 | +20.5% | -32.6% |
| 2023 | +13.2% | +54.9% |
| 2024 | +60.4% | +25.6% |
| 2025 | +5.3% | +20.8% |
| 2026 | +25.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYN and QQQ good diversifiers for each other?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KYN and QQQ?
Using weekly returns as of 2026-08-27: 0.15 over 3 years, with -0.24 over the last year and 0.25 over 5 years.
Is QQQ a good diversifier for KYN?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.15 mean?
A reading of 0.15 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/kyn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kyn-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KYN correlations · QQQ correlations
