APTV vs QQQ: Correlation
How closely do Aptiv (APTV) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and QQQ?
Over the past 3 years, APTV and QQQ moved with a correlation of 0.24, which is weak. Lately the two have drifted apart, with the 1-year correlation at 0.09 versus 0.24 over 3 years. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 179.2 %².
Among the 33 assets we track against APTV, QQQ ranks #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 69.5 points (-43.2% versus +26.3%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.07 to 0.58. One caveat on sizing: APTV 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.
APTV vs QQQ: side by side
| APTV (Aptiv) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -43.2% | +26.3% |
| 5-year return | -70.3% | +95.4% |
| Volatility (ann.) | 37.7% | 19.6% |
| Beta vs S&P 500 | 0.76 | 1.28 |
| Max drawdown (3Y) | -56.5% | -22.8% |
| Market cap | $9.4B | – |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Consumer Discretionary | 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 | APTV | QQQ |
|---|---|---|
| 2022 | -43.5% | -32.6% |
| 2023 | -3.7% | +54.9% |
| 2024 | -32.6% | +25.6% |
| 2025 | +25.8% | +20.8% |
| 2026 | -40.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and QQQ good diversifiers for each other?
Reasonably. At 0.24, APTV and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between APTV and QQQ?
As of 2026-08-27, the correlation of weekly returns between APTV and QQQ is 0.24 over 3 years, 0.09 over 1 year and 0.43 over 5 years.
Is QQQ a good diversifier for APTV?
Reasonably. At 0.24, APTV and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/aptv-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aptv-vs-qqq/)
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Related comparisons
Hubs: APTV correlations · QQQ correlations
