QQQ vs ZKIN: Correlation
Invesco QQQ Trust (QQQ) and ZK International Group Co., Ltd (ZKIN) show a near-zero relationship: their 3-year correlation of weekly returns is -0.04.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and ZKIN?
On 3 years of weekly data the QQQ/ZKIN correlation comes out at -0.04, near zero, meaning they move largely independently. Recent behaviour matches the longer record: -0.08 over 1 year against -0.04 over 3. The 5-year figure is 0.02, and annualized covariance runs at -245.1 %².
Among the 4755 assets we track against QQQ, ZKIN ranks #4616 by 3-year correlation. The last year tells two different stories: QQQ led by 67.9 percentage points, +26.3% for QQQ against -41.6% for ZKIN. Risk is not evenly split, since ZKIN carries 15.1 times the volatility of the other side.
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.
QQQ vs ZKIN: side by side
| QQQ (Invesco QQQ Trust) | ZKIN (ZK International Group Co., Ltd) | |
|---|---|---|
| 1-year return | +26.3% | -41.6% |
| 5-year return | +95.4% | -68.9% |
| Volatility (ann.) | 19.6% | 296.5% |
| Beta vs S&P 500 | 1.28 | -1.03 |
| Max drawdown (3Y) | -22.8% | -74.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | ZKIN |
|---|---|---|
| 2022 | -32.6% | -70.6% |
| 2023 | +54.9% | +140.2% |
| 2024 | +25.6% | -38.8% |
| 2025 | +20.8% | +150.0% |
| 2026 | +17.7% | -23.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and ZKIN good diversifiers for each other?
Yes. With a correlation of -0.04, QQQ and ZKIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and ZKIN?
The QQQ/ZKIN correlation stands at -0.04 on a 3-year window (1 year: -0.08, 5 years: 0.02), computed from weekly returns as of 2026-08-27.
Is ZKIN a good diversifier for QQQ?
Yes. With a correlation of -0.04, QQQ and ZKIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.04 mean?
On the −1 to +1 scale, -0.04 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/qqq-vs-zkin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-zkin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · ZKIN correlations
