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QCLS vs VICI: Correlation

Q/C Technologies, Inc. (QCLS) and Vici Properties (VICI) show a negative relationship: their 3-year correlation of weekly returns is -0.16.

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

Correlation (3Y)
-0.16
negative
Correlation (1Y)
-0.15
last 12 months
Correlation (5Y)
0.03
long-run
Ann. covariance
-322.5
%² · weekly, annualized

How correlated are QCLS and VICI?

Across a 3-year window, the weekly returns of QCLS and VICI correlate at -0.16, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.15 lands near the 3-year figure. Stretching to 5 years gives 0.03, with an annualized covariance of -322.5 %².

Among the 16 assets we track against QCLS, VICI ranks #8 by 3-year correlation. The last year tells two different stories: VICI led by 55.0 percentage points, -73.7% for QCLS against -18.7% for VICI. Note the risk asymmetry: QCLS runs 6.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

QCLS vs VICI: side by side

QCLS (Q/C Technologies, Inc.)VICI (Vici Properties)
1-year return-73.7%-18.7%
5-year return-100.0%+9.9%
Volatility (ann.)108.9%18.0%
Beta vs S&P 5000.870.35
Max drawdown (3Y)-99.9%-19.1%
Market cap$28.4B
P/E (trailing)10.1
Dividend yield0.00%6.92%
Sector / categoryUS ListedReal Estate
Higher yield: VICI 6.92% vs 0.00%Smaller drawdown: VICI -19.1% vs -99.9%Higher 5y return: VICI +9.9% vs -100.0%
-28%0%+108%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. QCLS · VICI

Year-by-year returns

YearQCLSVICI
2022-81.0%+13.0%
2023-77.5%+3.6%
2024-85.2%-3.1%
2025-96.5%+1.9%
2026-40.6%-5.3%

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

Are QCLS and VICI good diversifiers for each other?

Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between QCLS and VICI?

As of 2026-08-27, the correlation of weekly returns between QCLS and VICI is -0.16 over 3 years, -0.15 over 1 year and 0.03 over 5 years.

Is VICI a good diversifier for QCLS?

Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.16 mean?

On the −1 to +1 scale, -0.16 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

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$ curl https://www.pairbook.io/api/v1/pairs/qcls-vs-vici.json

QCLS vs VICI: 3-year weekly correlation -0.16QCLS vs VICI-0.16

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Related comparisons

Hubs: QCLS correlations · VICI correlations