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ACTG vs QQQ: Correlation

How closely do Acacia Research Corporation (ACTG) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.25, which is weak.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.25
weak
Correlation (1Y)
0.01
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
160.6
%² · weekly, annualized

How correlated are ACTG and QQQ?

On 3 years of weekly data the ACTG/QQQ correlation comes out at 0.25, weak. The past 12 months show a weaker link (0.01) than the 3-year average (0.25). The 5-year figure is 0.33, and annualized covariance runs at 160.6 %².

QQQ is close to the least connected end of ACTG's tracked universe, ranking #8 of 11. On 12-month performance ACTG holds a 10.2-point edge, +36.5% against +26.3%. Risk is not evenly split, since ACTG carries 1.7 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.

ACTG vs QQQ: side by side

ACTG (Acacia Research Corporation)QQQ (Invesco QQQ Trust)
1-year return+36.5%+26.3%
5-year return-23.8%+95.4%
Volatility (ann.)32.8%19.6%
Beta vs S&P 5000.691.28
Max drawdown (3Y)-50.0%-22.8%
Market cap$0.4B
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -50.0%Higher 5y return: QQQ +95.4% vs -23.8%

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.

-2%0%+56%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ACTG · QQQ

Year-by-year returns

YearACTGQQQ
2022-17.9%-32.6%
2023-6.9%+54.9%
2024+10.7%+25.6%
2025-13.8%+20.8%
2026+20.1%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACTG and QQQ good diversifiers for each other?

A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACTG and QQQ?

The ACTG/QQQ correlation stands at 0.25 on a 3-year window (1 year: 0.01, 5 years: 0.33), computed from weekly returns as of 2026-08-27.

Is QQQ a good diversifier for ACTG?

A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.25 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.

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ACTG vs QQQ: 3-year weekly correlation 0.25ACTG vs QQQ0.25

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Hubs: ACTG correlations · QQQ correlations