ACRE vs QQQ: Correlation
Measured on weekly returns over the past three years, Ares Commercial Real Estate Corporation (ACRE) and Invesco QQQ Trust (QQQ) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRE and QQQ?
Across a 3-year window, the weekly returns of ACRE and QQQ correlate at 0.26, weak. Little has changed lately, as the 1-year reading of 0.17 lands near the 3-year figure. Stretching to 5 years gives 0.37, with an annualized covariance of 186.9 %².
Out of 13 assets tracked against ACRE, QQQ lands near the bottom at #10. Over the last 12 months QQQ came out ahead by 12.7 percentage points (+13.6% against +26.3%). One caveat on sizing: ACRE is 1.9 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.
ACRE vs QQQ: side by side
| ACRE (Ares Commercial Real Estate Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +13.6% | +26.3% |
| 5-year return | -43.9% | +95.4% |
| Volatility (ann.) | 37.4% | 19.6% |
| Beta vs S&P 500 | 0.90 | 1.28 |
| Max drawdown (3Y) | -61.3% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 12.96% | 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 | ACRE | QQQ |
|---|---|---|
| 2022 | -20.4% | -32.6% |
| 2023 | +15.6% | +54.9% |
| 2024 | -34.0% | +25.6% |
| 2025 | -7.9% | +20.8% |
| 2026 | +3.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRE and QQQ good diversifiers for each other?
Reasonably. At 0.26, ACRE and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACRE and QQQ?
The ACRE/QQQ correlation stands at 0.26 on a 3-year window (1 year: 0.17, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ACRE?
Reasonably. At 0.26, ACRE and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.26 mean?
A reading of 0.26 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
$ curl https://www.pairbook.io/api/v1/pairs/acre-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/acre-vs-qqq/)
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Related comparisons
Hubs: ACRE correlations · QQQ correlations
