QCOM vs STK: Correlation
Qualcomm (QCOM) and Columbia Seligman Premium Technology Growth Fund Inc (STK) show a strong relationship: their 3-year correlation of weekly returns is 0.66.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QCOM and STK?
Across a 3-year window, the weekly returns of QCOM and STK correlate at 0.66, strong. Little has changed lately, as the 1-year reading of 0.62 lands near the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 738.0 %².
Within QCOM's tracked universe of 41 assets, STK comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months STK outperformed by 71.5 percentage points (+5.3% for QCOM against +76.8% for STK). One caveat on sizing: QCOM is 1.6 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.
QCOM vs STK: side by side
| QCOM (Qualcomm) | STK (Columbia Seligman Premium Technology Growth Fund Inc) | |
|---|---|---|
| 1-year return | +5.3% | +76.8% |
| 5-year return | +25.8% | +153.2% |
| Volatility (ann.) | 42.4% | 26.4% |
| Beta vs S&P 500 | 1.77 | 1.51 |
| Max drawdown (3Y) | -44.2% | -26.6% |
| Market cap | $176.0B | – |
| P/E (trailing) | 18.9 | 5.9 |
| Dividend yield | 2.19% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | QCOM | STK |
|---|---|---|
| 2022 | -38.6% | -30.4% |
| 2023 | +35.1% | +49.2% |
| 2024 | +8.3% | +17.7% |
| 2025 | +13.8% | +24.9% |
| 2026 | -2.7% | +47.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QCOM and STK good diversifiers for each other?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between QCOM and STK?
As of 2026-08-27, the correlation of weekly returns between QCOM and STK is 0.66 over 3 years, 0.62 over 1 year and 0.66 over 5 years.
Is STK a good diversifier for QCOM?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.66 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qcom-vs-stk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qcom-vs-stk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QCOM correlations · STK correlations
