ACN vs QQQ: Correlation
Accenture (ACN) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACN and QQQ?
On 3 years of weekly data the ACN/QQQ correlation comes out at 0.21, weak. The past 12 months show a weaker link (0.06) than the 3-year average (0.21). The 5-year figure is 0.46, and annualized covariance runs at 136.8 %².
Within ACN's tracked universe of 37 assets, QQQ comes in at #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 51.9 points (-25.6% versus +26.3%). The relationship is regime-dependent: the rolling one-year correlation swung between 0.06 and 0.79 over the past three years, so this pair behaves very differently depending on the market environment. One caveat on sizing: ACN 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.
ACN vs QQQ: side by side
| ACN (Accenture) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -25.6% | +26.3% |
| 5-year return | -39.6% | +95.4% |
| Volatility (ann.) | 32.6% | 19.6% |
| Beta vs S&P 500 | 0.69 | 1.28 |
| Max drawdown (3Y) | -68.2% | -22.8% |
| Market cap | $114.7B | – |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 3.59% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Information Technology | 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 | ACN | QQQ |
|---|---|---|
| 2022 | -34.8% | -32.6% |
| 2023 | +33.6% | +54.9% |
| 2024 | +1.9% | +25.6% |
| 2025 | -22.6% | +20.8% |
| 2026 | -28.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACN and QQQ good diversifiers for each other?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACN and QQQ?
The ACN/QQQ correlation stands at 0.21 on a 3-year window (1 year: 0.06, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ACN?
A fair diversifier. At 0.21, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.21 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/acn-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acn-vs-qqq/)
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Related comparisons
Hubs: ACN correlations · QQQ correlations
