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ACCO vs QQQ: Correlation

Acco Brands Corporation (ACCO) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.

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

Correlation (3Y)
0.32
moderate
Correlation (1Y)
0.29
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
253.4
%² · weekly, annualized

How correlated are ACCO and QQQ?

On 3 years of weekly data the ACCO/QQQ correlation comes out at 0.32, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 253.4 %².

Out of 22 assets tracked against ACCO, QQQ lands near the bottom at #19. Over the last 12 months QQQ came out ahead by 8.5 percentage points (+17.8% against +26.3%). Risk is not evenly split, since ACCO carries 2.1 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.

ACCO vs QQQ: side by side

ACCO (Acco Brands Corporation)QQQ (Invesco QQQ Trust)
1-year return+17.8%+26.3%
5-year return-36.8%+95.4%
Volatility (ann.)40.3%19.6%
Beta vs S&P 5001.191.28
Max drawdown (3Y)-50.0%-22.8%
Market cap$0.4B
P/E (trailing)6.8
Dividend yield7.16%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: ACCO 7.16% vs 0.44%Smaller drawdown: QQQ -22.8% vs -50.0%Higher 5y return: QQQ +95.4% vs -36.8%

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.

-25%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ACCO · QQQ

Year-by-year returns

YearACCOQQQ
2022-29.2%-32.6%
2023+15.3%+54.9%
2024-8.7%+25.6%
2025-23.1%+20.8%
2026+22.5%+17.7%

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

Are ACCO and QQQ good diversifiers for each other?

A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACCO and QQQ?

As of 2026-08-27, the correlation of weekly returns between ACCO and QQQ is 0.32 over 3 years, 0.29 over 1 year and 0.37 over 5 years.

Is QQQ a good diversifier for ACCO?

A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.32 mean?

A reading of 0.32 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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ACCO vs QQQ: 3-year weekly correlation 0.32ACCO vs QQQ0.32

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Hubs: ACCO correlations · QQQ correlations