ADM vs QQQ: Correlation
Measured on weekly returns over the past three years, Archer Daniels Midland (ADM) and Invesco QQQ Trust (QQQ) carry a correlation of 0.05, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and QQQ?
Across a 3-year window, the weekly returns of ADM and QQQ correlate at 0.05, near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.15) than the 3-year average (0.05). Stretching to 5 years gives 0.12, with an annualized covariance of 31.4 %².
Among the 33 assets we track against ADM, QQQ ranks #20 by 3-year correlation. Neither side won the trailing year by much: +29.8% against +26.3%. The relationship is regime-dependent: the rolling one-year correlation swung between -0.17 and 0.34 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since ADM carries 1.5 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.
ADM vs QQQ: side by side
| ADM (Archer Daniels Midland) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +29.8% | +26.3% |
| 5-year return | +51.7% | +95.4% |
| Volatility (ann.) | 29.9% | 19.6% |
| Beta vs S&P 500 | 0.24 | 1.28 |
| Max drawdown (3Y) | -46.0% | -22.8% |
| Market cap | $38.1B | – |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.57% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Consumer Staples | 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 | ADM | QQQ |
|---|---|---|
| 2022 | +40.0% | -32.6% |
| 2023 | -20.4% | +54.9% |
| 2024 | -27.5% | +25.6% |
| 2025 | +18.2% | +20.8% |
| 2026 | +40.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and QQQ good diversifiers for each other?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ADM and QQQ?
As of 2026-08-27, the correlation of weekly returns between ADM and QQQ is 0.05 over 3 years, -0.15 over 1 year and 0.12 over 5 years.
Is QQQ a good diversifier for ADM?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.05 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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Related comparisons
Hubs: ADM correlations · QQQ correlations
