LNG vs QQQ: Correlation
Measured on weekly returns over the past three years, Cheniere Energy, Inc. (LNG) and Invesco QQQ Trust (QQQ) carry a correlation of -0.02, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNG and QQQ?
On 3 years of weekly data the LNG/QQQ correlation comes out at -0.02, near zero, meaning they move largely independently. Lately the two have drifted apart, with the 1-year correlation at -0.51 versus -0.02 over 3 years. The 5-year figure is 0.09, and annualized covariance runs at -12.6 %².
By 3-year correlation, QQQ places #11 of the 20 assets tracked against LNG. On 12-month performance QQQ holds a 8.9-point edge, +17.4% against +26.3%.
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.
LNG vs QQQ: side by side
| LNG (Cheniere Energy, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +17.4% | +26.3% |
| 5-year return | +231.8% | +95.4% |
| Volatility (ann.) | 28.3% | 19.6% |
| Beta vs S&P 500 | 0.13 | 1.28 |
| Max drawdown (3Y) | -24.9% | -22.8% |
| Market cap | $58.0B | – |
| P/E (trailing) | 21.5 | – |
| Dividend yield | 0.78% | 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 | LNG | QQQ |
|---|---|---|
| 2022 | +49.3% | -32.6% |
| 2023 | +15.0% | +54.9% |
| 2024 | +27.2% | +25.6% |
| 2025 | -8.7% | +20.8% |
| 2026 | +45.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNG and QQQ good diversifiers for each other?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between LNG and QQQ?
Using weekly returns as of 2026-08-27: -0.02 over 3 years, with -0.51 over the last year and 0.09 over 5 years.
Is QQQ a good diversifier for LNG?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.02 mean?
On the −1 to +1 scale, -0.02 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/lng-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lng-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNG correlations · QQQ correlations
