ARKR vs QQQ: Correlation
Ark Restaurants Corp. (ARKR) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKR and QQQ?
Over the past 3 years, ARKR and QQQ moved with a correlation of 0.13, which is weak. The past 12 months show a tighter link (0.28) than the 3-year average (0.13). Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 132.7 %².
By 3-year correlation, QQQ places #9 of the 14 assets tracked against ARKR. Correlation aside, the last 12 months split them widely, with QQQ ahead by 49.1 points (-22.8% versus +26.3%). Note the risk asymmetry: ARKR runs 2.6 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.
ARKR vs QQQ: side by side
| ARKR (Ark Restaurants Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -22.8% | +26.3% |
| 5-year return | -64.1% | +95.4% |
| Volatility (ann.) | 50.4% | 19.6% |
| Beta vs S&P 500 | 0.34 | 1.28 |
| Max drawdown (3Y) | -70.3% | -22.8% |
| Market cap | – | – |
| 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 | ARKR | QQQ |
|---|---|---|
| 2022 | +0.4% | -32.6% |
| 2023 | -11.5% | +54.9% |
| 2024 | -19.8% | +25.6% |
| 2025 | -39.0% | +20.8% |
| 2026 | -21.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKR and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.13 means the two rarely move for the same reasons.
FAQ
What is the correlation between ARKR and QQQ?
The ARKR/QQQ correlation stands at 0.13 on a 3-year window (1 year: 0.28, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for ARKR?
By historical standards, yes. A correlation of 0.13 means the two rarely move for the same reasons.
What does a correlation of 0.13 mean?
On the −1 to +1 scale, 0.13 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arkr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arkr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ARKR correlations · QQQ correlations
