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LARK vs QQQ: Correlation

Measured on weekly returns over the past three years, Landmark Bancorp Inc. (LARK) and Invesco QQQ Trust (QQQ) carry a correlation of 0.13, a weak link.

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

Correlation (3Y)
0.13
weak
Correlation (1Y)
0.16
last 12 months
Correlation (5Y)
0.12
long-run
Ann. covariance
65.2
%² · weekly, annualized

How correlated are LARK and QQQ?

Over the past 3 years, LARK and QQQ moved with a correlation of 0.13, which is weak. The relationship has been stable: the 1-year correlation (0.16) sits close to the 3-year figure. Over 5 years the correlation is 0.12, and the annualized covariance of weekly returns is 65.2 %².

Among the 13 assets we track against LARK, QQQ sits near the bottom by co-movement, at rank #9. Twelve-month performance is nearly a tie, at +28.2% for LARK 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.

LARK vs QQQ: side by side

LARK (Landmark Bancorp Inc.)QQQ (Invesco QQQ Trust)
1-year return+28.2%+26.3%
5-year return+66.0%+95.4%
Volatility (ann.)26.0%19.6%
Beta vs S&P 5000.351.28
Max drawdown (3Y)-20.7%-22.8%
Market cap$0.2B
P/E (trailing)9.8
Dividend yield2.57%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: LARK 2.57% vs 0.44%Smaller drawdown: LARK -20.7% vs -22.8%Higher 5y return: QQQ +95.4% vs +66.0%

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.

-5%0%+30%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. LARK · QQQ

Year-by-year returns

YearLARKQQQ
2022-18.5%-32.6%
2023-4.2%+54.9%
2024+32.6%+25.6%
2025+18.2%+20.8%
2026+23.6%+17.7%

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

Are LARK and QQQ good diversifiers for each other?

By historical standards, yes. A correlation of 0.13 means the two rarely move for the same reasons.

FAQ

What is the correlation between LARK and QQQ?

Using weekly returns as of 2026-08-27: 0.13 over 3 years, with 0.16 over the last year and 0.12 over 5 years.

Is QQQ a good diversifier for LARK?

By historical standards, yes. A correlation of 0.13 means the two rarely move for the same reasons.

What does a correlation of 0.13 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

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LARK vs QQQ: 3-year weekly correlation 0.13LARK vs QQQ0.13

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Hubs: LARK correlations · QQQ correlations