LTC vs QQQ: Correlation
LTC Properties, Inc. (LTC) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.06.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTC and QQQ?
On 3 years of weekly data the LTC/QQQ correlation comes out at 0.06, near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.09) runs below the 3-year figure (0.06). The 5-year figure is 0.23, and annualized covariance runs at 21.9 %².
Among the 14 assets we track against LTC, QQQ sits near the bottom by co-movement, at rank #11. Over the last 12 months QQQ came out ahead by 7.7 percentage points (+18.6% 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.
LTC vs QQQ: side by side
| LTC (LTC Properties, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +18.6% | +26.3% |
| 5-year return | +63.7% | +95.4% |
| Volatility (ann.) | 17.7% | 19.6% |
| Beta vs S&P 500 | 0.22 | 1.28 |
| Max drawdown (3Y) | -14.5% | -22.8% |
| Market cap | $2.2B | – |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 5.63% | 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 | LTC | QQQ |
|---|---|---|
| 2022 | +10.5% | -32.6% |
| 2023 | -3.2% | +54.9% |
| 2024 | +14.9% | +25.6% |
| 2025 | +6.2% | +20.8% |
| 2026 | +23.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTC and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
FAQ
What is the correlation between LTC and QQQ?
As of 2026-08-27, the correlation of weekly returns between LTC and QQQ is 0.06 over 3 years, -0.09 over 1 year and 0.23 over 5 years.
Is QQQ a good diversifier for LTC?
By historical standards, yes. A correlation of 0.06 means the two rarely move for the same reasons.
What does a correlation of 0.06 mean?
On the −1 to +1 scale, 0.06 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/ltc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ltc-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LTC correlations · QQQ correlations
