ADNT vs QQQ: Correlation
Adient plc (ADNT) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADNT and QQQ?
Over the past 3 years, ADNT and QQQ moved with a correlation of 0.27, which is weak. Recent behaviour matches the longer record: 0.21 over 1 year against 0.27 over 3. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 223.2 %².
Among the 16 assets we track against ADNT, QQQ sits near the bottom by co-movement, at rank #13. The last year tells two different stories: QQQ led by 52.6 percentage points, -26.3% for ADNT against +26.3% for QQQ. One caveat on sizing: ADNT is 2.2 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.
ADNT vs QQQ: side by side
| ADNT (Adient plc) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -26.3% | +26.3% |
| 5-year return | -53.1% | +95.4% |
| Volatility (ann.) | 43.0% | 19.6% |
| Beta vs S&P 500 | 1.05 | 1.28 |
| Max drawdown (3Y) | -74.4% | -22.8% |
| Market cap | $1.5B | – |
| P/E (trailing) | 34.2 | – |
| 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 | ADNT | QQQ |
|---|---|---|
| 2022 | -27.5% | -32.6% |
| 2023 | +4.8% | +54.9% |
| 2024 | -52.6% | +25.6% |
| 2025 | +11.3% | +20.8% |
| 2026 | -1.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADNT and QQQ good diversifiers for each other?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADNT and QQQ?
Using weekly returns as of 2026-08-27: 0.27 over 3 years, with 0.21 over the last year and 0.41 over 5 years.
Is QQQ a good diversifier for ADNT?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.27 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
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Related comparisons
Hubs: ADNT correlations · QQQ correlations
