ACIW vs QQQ: Correlation
Measured on weekly returns over the past three years, ACI Worldwide, Inc. (ACIW) and Invesco QQQ Trust (QQQ) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACIW and QQQ?
Over the past 3 years, ACIW and QQQ moved with a correlation of 0.33, which is moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.33). Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 230.1 %².
Among the 20 assets we track against ACIW, QQQ sits near the bottom by co-movement, at rank #17. Over the last 12 months QQQ came out ahead by 14.5 percentage points (+11.8% against +26.3%). Risk is not evenly split, since ACIW 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.
ACIW vs QQQ: side by side
| ACIW (ACI Worldwide, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +11.8% | +26.3% |
| 5-year return | +69.0% | +95.4% |
| Volatility (ann.) | 35.3% | 19.6% |
| Beta vs S&P 500 | 1.07 | 1.28 |
| Max drawdown (3Y) | -35.0% | -22.8% |
| Market cap | $5.5B | – |
| P/E (trailing) | 24.3 | – |
| 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 | ACIW | QQQ |
|---|---|---|
| 2022 | -33.7% | -32.6% |
| 2023 | +33.0% | +54.9% |
| 2024 | +69.6% | +25.6% |
| 2025 | -7.9% | +20.8% |
| 2026 | +13.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACIW and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACIW and QQQ?
As of 2026-08-27, the correlation of weekly returns between ACIW and QQQ is 0.33 over 3 years, 0.12 over 1 year and 0.39 over 5 years.
Is QQQ a good diversifier for ACIW?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aciw-vs-qqq/)
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Related comparisons
Hubs: ACIW correlations · QQQ correlations
