AIZ vs QQQ: Correlation
Measured on weekly returns over the past three years, Assurant (AIZ) 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 AIZ and QQQ?
On 3 years of weekly data the AIZ/QQQ correlation comes out at 0.26, weak. The link has loosened recently: the 1-year correlation (0.10) runs below the 3-year figure (0.26). The 5-year figure is 0.31, and annualized covariance runs at 109.4 %².
Within AIZ's tracked universe of 34 assets, QQQ comes in at #24 by 3-year correlation. Over the last 12 months AIZ came out ahead by 7.8 percentage points (+34.1% against +26.3%). The rolling one-year correlation moved between -0.02 and 0.47 over the past three years, a moderate range.
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.
AIZ vs QQQ: side by side
| AIZ (Assurant) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +34.1% | +26.3% |
| 5-year return | +83.5% | +95.4% |
| Volatility (ann.) | 21.5% | 19.6% |
| Beta vs S&P 500 | 0.60 | 1.28 |
| Max drawdown (3Y) | -20.8% | -22.8% |
| Market cap | $14.1B | – |
| P/E (trailing) | 13.8 | – |
| Dividend yield | 1.19% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Financials | 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 | AIZ | QQQ |
|---|---|---|
| 2022 | -18.3% | -32.6% |
| 2023 | +37.5% | +54.9% |
| 2024 | +28.5% | +25.6% |
| 2025 | +14.7% | +20.8% |
| 2026 | +19.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIZ and QQQ good diversifiers for each other?
Reasonably. At 0.26, AIZ and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIZ and QQQ?
As of 2026-08-27, the correlation of weekly returns between AIZ and QQQ is 0.26 over 3 years, 0.10 over 1 year and 0.31 over 5 years.
Is QQQ a good diversifier for AIZ?
Reasonably. At 0.26, AIZ 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/aiz-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aiz-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIZ correlations · QQQ correlations
