LCUT vs QQQ: Correlation
Lifetime Brands, Inc. (LCUT) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.11.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LCUT and QQQ?
Across a 3-year window, the weekly returns of LCUT and QQQ correlate at 0.11, weak. Little has changed lately, as the 1-year reading of 0.05 lands near the 3-year figure. Stretching to 5 years gives 0.19, with an annualized covariance of 135.7 %².
QQQ is close to the least connected end of LCUT's tracked universe, ranking #7 of 10. Their recent paths diverged sharply: over the last 12 months LCUT outperformed by 113.2 percentage points (+139.5% for LCUT against +26.3% for QQQ). One caveat on sizing: LCUT is 3.3 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.
LCUT vs QQQ: side by side
| LCUT (Lifetime Brands, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +139.5% | +26.3% |
| 5-year return | -41.8% | +95.4% |
| Volatility (ann.) | 64.8% | 19.6% |
| Beta vs S&P 500 | 0.81 | 1.28 |
| Max drawdown (3Y) | -73.3% | -22.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 1.86% | 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 | LCUT | QQQ |
|---|---|---|
| 2022 | -51.8% | -32.6% |
| 2023 | -8.9% | +54.9% |
| 2024 | -9.9% | +25.6% |
| 2025 | -30.3% | +20.8% |
| 2026 | +138.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LCUT and QQQ good diversifiers for each other?
Yes. With a correlation of 0.11, LCUT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LCUT and QQQ?
The LCUT/QQQ correlation stands at 0.11 on a 3-year window (1 year: 0.05, 5 years: 0.19), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for LCUT?
Yes. With a correlation of 0.11, LCUT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.11 mean?
A reading of 0.11 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/lcut-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lcut-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LCUT correlations · QQQ correlations
