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QQQM correlations (Invesco Nasdaq 100 ETF)

Which assets move with QQQM and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Growth & Tech

Volatility (ann.)

19.5%

3y weekly

Beta vs S&P 500

1.28

3y weekly

1-year return

+26.4%

price, adjusted

5-year return

+96.1%

price, adjusted

Expense ratio

0.15%

annual

Assets

$97.1B

under management

Dividend yield

0.46%

trailing

Max drawdown

-22.7%

3y, daily closes

QQQM over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with QQQM

Asset		Correlation (3Y)
QQQ	Invesco QQQ Trust	1.00
SPYG	SPDR Portfolio S&P 500 Growth ETF	0.98
VUG	Vanguard Growth ETF	0.98
XLK	Technology Select Sector SPDR Fund	0.97
VOO	Vanguard S&P 500 ETF	0.95
IVV	iShares Core S&P 500 ETF	0.95
SPY	SPDR S&P 500 ETF Trust	0.95
VTI	Vanguard Total Stock Market ETF	0.94
FNGO	MicroSectors FANG Index 2X Leveraged ETNs due January 8	0.93
ACWI	iShares MSCI ACWI ETF	0.91
QUAL	iShares MSCI USA Quality Factor ETF	0.90
MTUM	iShares MSCI USA Momentum Factor ETF	0.90
VT	Vanguard Total World Stock ETF	0.90
SMH	VanEck Semiconductor ETF	0.90
CSQ	Calamos Strategic Total Return Fund - Closed End Fund	0.90

Best diversifiers for QQQM

If the goal is offsetting QQQM, these tracked assets have historically moved the most on their own terms.

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.93
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.71
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.66
ED	Consolidated Edison	-0.31
DUK	Duke Energy	-0.21
MACI	Melar Acquisition Corp. I - Class A	-0.20
MO	Altria	-0.18
AWK	American Water Works	-0.17
EQNR	Equinor ASA	-0.16
CF	CF Industries	-0.16

QQQM vs benchmarks

QQQM vs its peers

Get QQQM data as JSON

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/qqqm.json

Correlations, diversifiers, beta and volatility for QQQM, plus one endpoint per pair. API documentation.

QQQM holdings overlap with other ETFs

ETF		Overlap	Correlation (3Y)
QQQM vs QQQ	Invesco QQQ Trust	100.0%	1.00
QQQM vs VUG	Vanguard Growth ETF	58.8%	0.98
QQQM vs SPYG	SPDR Portfolio S&P 500 Growth ETF	55.2%	0.98
QQQM vs XLK	Technology Select Sector SPDR Fund	54.5%	0.97
QQQM vs VOO	Vanguard S&P 500 ETF	53.5%	0.95
QQQM vs IVV	iShares Core S&P 500 ETF	53.4%	0.95
QQQM vs SPY	SPDR S&P 500 ETF Trust	53.4%	0.95
QQQM vs VTI	Vanguard Total Stock Market ETF	47.7%	0.94
QQQM vs QUAL	iShares MSCI USA Quality Factor ETF	40.7%	0.90
QQQM vs ACWI	iShares MSCI ACWI ETF	34.4%	0.91
QQQM vs MTUM	iShares MSCI USA Momentum Factor ETF	34.3%	0.90
QQQM vs VT	Vanguard Total World Stock ETF	31.9%	0.90
QQQM vs SOXX	iShares Semiconductor ETF	31.4%	0.87
QQQM vs SPYV	SPDR Portfolio S&P 500 Value ETF	30.9%	0.66
QQQM vs VIG	Vanguard Dividend Appreciation ETF	30.0%	0.76
QQQM vs USMV	iShares MSCI USA Min Vol Factor ETF	24.5%	0.58
QQQM vs DIA	SPDR Dow Jones Industrial Average ETF	21.2%	0.73
QQQM vs DGRO	iShares Core Dividend Growth ETF	20.4%	0.64
QQQM vs VTV	Vanguard Value ETF	18.1%	0.61
QQQM vs RSP	Invesco S&P 500 Equal Weight ETF	16.6%	0.69
QQQM vs VYM	Vanguard High Dividend Yield ETF	14.9%	0.63
QQQM vs XLC	Communication Services Select Sector SPDR Fund	12.6%	0.77
QQQM vs XLY	Consumer Discretionary Select Sector SPDR Fund	10.4%	0.82
QQQM vs XLP	Consumer Staples Select Sector SPDR Fund	6.1%	0.16
QQQM vs SCHD	Schwab US Dividend Equity ETF	5.1%	0.39
QQQM vs XLV	Health Care Select Sector SPDR Fund	3.9%	0.24
QQQM vs XLI	Industrial Select Sector SPDR Fund	3.1%	0.68
QQQM vs IBB	iShares Biotechnology ETF	3.0%	0.47
QQQM vs VEA	Vanguard FTSE Developed Markets ETF	1.6%	0.69
QQQM vs EFA	iShares MSCI EAFE ETF	1.3%	0.66
QQQM vs IEFA	iShares Core MSCI EAFE ETF	1.3%	0.66
QQQM vs XLU	Utilities Select Sector SPDR Fund	1.2%	0.10
QQQM vs XLB	Materials Select Sector SPDR Fund	1.0%	0.47
QQQM vs XLE	Energy Select Sector SPDR Fund	0.5%	0.04
QQQM vs EEM	iShares MSCI Emerging Markets ETF	0.3%	0.70
QQQM vs IEMG	iShares Core MSCI Emerging Markets ETF	0.3%	0.71
QQQM vs VWO	Vanguard FTSE Emerging Markets ETF	0.3%	0.70
QQQM vs XLF	Financial Select Sector SPDR Fund	0.2%	0.56
QQQM vs EWJ	iShares MSCI Japan ETF	0%	0.65
QQQM vs FXI	iShares China Large-Cap ETF	0%	0.34
QQQM vs ICLN	iShares Global Clean Energy ETF	0%	0.46
QQQM vs IWM	iShares Russell 2000 ETF	0%	0.67
QQQM vs MDY	SPDR S&P MidCap 400 ETF	0%	0.67
QQQM vs VNQ	Vanguard Real Estate ETF	0%	0.35
QQQM vs XLRE	Real Estate Select Sector SPDR Fund	0%	0.33