ACIC vs QQQ: Correlation
Measured on weekly returns over the past three years, American Coastal Insurance Corporation (ACIC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.14, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIC and QQQ?
On 3 years of weekly data the ACIC/QQQ correlation comes out at 0.14, weak. The link has loosened recently: the 1-year correlation (-0.03) runs below the 3-year figure (0.14). The 5-year figure is 0.08, and annualized covariance runs at 95.1 %².
QQQ is close to the least connected end of ACIC's tracked universe, ranking #7 of 10. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 32.6 percentage points (-6.3% for ACIC against +26.3% for QQQ). One caveat on sizing: ACIC is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ACIC vs QQQ: side by side
| ACIC (American Coastal Insurance Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -6.3% | +26.3% |
| 5-year return | +184.8% | +95.4% |
| Volatility (ann.) | 33.6% | 19.6% |
| Beta vs S&P 500 | 0.49 | 1.28 |
| Max drawdown (3Y) | -32.8% | -22.8% |
| Market cap | $0.4B | – |
| P/E (trailing) | 4.7 | – |
| Dividend yield | 0.00% | 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 | ACIC | QQQ |
|---|---|---|
| 2022 | -75.1% | -32.6% |
| 2023 | +792.5% | +54.9% |
| 2024 | +42.3% | +25.6% |
| 2025 | -2.5% | +20.8% |
| 2026 | -20.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIC and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACIC and QQQ?
As of 2026-08-27, the correlation of weekly returns between ACIC and QQQ is 0.14 over 3 years, -0.03 over 1 year and 0.08 over 5 years.
Is QQQ a good diversifier for ACIC?
By historical standards, yes. A correlation of 0.14 means the two rarely move for the same reasons.
What does a correlation of 0.14 mean?
A reading of 0.14 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: ACIC correlations · QQQ correlations
