ARBE vs QQQ: Correlation
How closely do Arbe Robotics Ltd. (ARBE) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARBE and QQQ?
Across a 3-year window, the weekly returns of ARBE and QQQ correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.27, with an annualized covariance of 676.9 %².
By 3-year correlation, QQQ places #8 of the 14 assets tracked against ARBE. The last year tells two different stories: QQQ led by 78.4 percentage points, -52.1% for ARBE against +26.3% for QQQ. Note the risk asymmetry: ARBE runs 4.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ARBE vs QQQ: side by side
| ARBE (Arbe Robotics Ltd.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -52.1% | +26.3% |
| 5-year return | -93.4% | +95.4% |
| Volatility (ann.) | 87.7% | 19.6% |
| Beta vs S&P 500 | 2.41 | 1.28 |
| Max drawdown (3Y) | -86.1% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| 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 | ARBE | QQQ |
|---|---|---|
| 2022 | -63.3% | -32.6% |
| 2023 | -36.1% | +54.9% |
| 2024 | -14.7% | +25.6% |
| 2025 | -36.6% | +20.8% |
| 2026 | -43.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARBE and QQQ good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARBE and QQQ?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.40 over the last year and 0.27 over 5 years.
Is QQQ a good diversifier for ARBE?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/arbe-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arbe-vs-qqq/)
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Related comparisons
Hubs: ARBE correlations · QQQ correlations
