LND vs QQQ: Correlation
How closely do Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (LND) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.05, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LND and QQQ?
Over the past 3 years, LND and QQQ moved with a correlation of 0.05, which is near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.11) sits close to the 3-year figure. Over 5 years the correlation is 0.04, and the annualized covariance of weekly returns is 19.3 %².
Among the 10 assets we track against LND, QQQ sits near the bottom by co-movement, at rank #6. The last year tells two different stories: QQQ led by 31.4 percentage points, -5.1% for LND against +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.
LND vs QQQ: side by side
| LND (Brasilagro Brazilian Agric Real Estate Co Sponsored ADR) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -5.1% | +26.3% |
| 5-year return | +2.5% | +95.4% |
| Volatility (ann.) | 20.6% | 19.6% |
| Beta vs S&P 500 | 0.07 | 1.28 |
| Max drawdown (3Y) | -32.5% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 20.30% | 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 | LND | QQQ |
|---|---|---|
| 2022 | +23.6% | -32.6% |
| 2023 | +3.9% | +54.9% |
| 2024 | -27.2% | +25.6% |
| 2025 | -0.8% | +20.8% |
| 2026 | +3.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LND and QQQ good diversifiers for each other?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LND and QQQ?
As of 2026-08-27, the correlation of weekly returns between LND and QQQ is 0.05 over 3 years, 0.11 over 1 year and 0.04 over 5 years.
Is QQQ a good diversifier for LND?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.05 mean?
On the −1 to +1 scale, 0.05 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lnd-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lnd-vs-qqq/)
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Related comparisons
Hubs: LND correlations · QQQ correlations
