ACI vs QQQ: Correlation
Albertsons Companies, Inc. (ACI) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.03.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and QQQ?
Over the past 3 years, ACI and QQQ moved with a correlation of -0.03, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of -0.05 lands near the 3-year figure. Over 5 years the correlation is 0.12, and the annualized covariance of weekly returns is -17.7 %².
Among the 23 assets we track against ACI, QQQ ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 61.0 percentage points (-34.7% for ACI against +26.3% for QQQ).
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.
ACI vs QQQ: side by side
| ACI (Albertsons Companies, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -34.7% | +26.3% |
| 5-year return | -36.3% | +95.4% |
| Volatility (ann.) | 26.9% | 19.6% |
| Beta vs S&P 500 | 0.08 | 1.28 |
| Max drawdown (3Y) | -49.1% | -22.8% |
| Market cap | $5.9B | – |
| P/E (trailing) | 76.4 | – |
| Dividend yield | 5.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | 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 | ACI | QQQ |
|---|---|---|
| 2022 | -6.8% | -32.6% |
| 2023 | +13.4% | +54.9% |
| 2024 | -12.5% | +25.6% |
| 2025 | -10.0% | +20.8% |
| 2026 | -26.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and QQQ good diversifiers for each other?
Yes. With a correlation of -0.03, ACI and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ACI and QQQ?
Using weekly returns as of 2026-08-27: -0.03 over 3 years, with -0.05 over the last year and 0.12 over 5 years.
Is QQQ a good diversifier for ACI?
Yes. With a correlation of -0.03, ACI and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.03 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/aci-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aci-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACI correlations · QQQ correlations
