ABNB vs QQQ: Correlation
Measured on weekly returns over the past three years, Airbnb (ABNB) and Invesco QQQ Trust (QQQ) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and QQQ?
On 3 years of weekly data the ABNB/QQQ correlation comes out at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 347.0 %².
By 3-year correlation, QQQ places #16 of the 32 assets tracked against ABNB. The last year tells two different stories: ABNB led by 15.7 percentage points, +42.0% for ABNB against +26.3% for QQQ. Across three years, the rolling one-year figure varied moderately, from 0.29 to 0.72. Risk is not evenly split, since ABNB carries 1.8 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.
ABNB vs QQQ: side by side
| ABNB (Airbnb) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +42.0% | +26.3% |
| 5-year return | +18.2% | +95.4% |
| Volatility (ann.) | 35.2% | 19.6% |
| Beta vs S&P 500 | 1.28 | 1.28 |
| Max drawdown (3Y) | -37.2% | -22.8% |
| Market cap | $110.4B | – |
| P/E (trailing) | 42.9 | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Consumer Discretionary | 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 | ABNB | QQQ |
|---|---|---|
| 2022 | -48.6% | -32.6% |
| 2023 | +59.2% | +54.9% |
| 2024 | -3.5% | +25.6% |
| 2025 | +3.3% | +20.8% |
| 2026 | +35.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that QQQ holds ABNB at a 0.35% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are ABNB and QQQ good diversifiers for each other?
Only partially. A correlation of 0.50 means ABNB and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ABNB and QQQ?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.51 over the last year and 0.59 over 5 years.
Is QQQ a good diversifier for ABNB?
Only partially. A correlation of 0.50 means ABNB and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 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/abnb-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abnb-vs-qqq/)
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Related comparisons
Hubs: ABNB correlations · QQQ correlations
