B vs QQQ: Correlation
Barrick Mining Corporation (B) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are B and QQQ?
Over the past 3 years, B and QQQ moved with a correlation of 0.28, which is weak. Lately the two have moved closer together, with the 1-year correlation at 0.41 versus 0.28 over 3 years. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 221.2 %².
Out of 17 assets tracked against B, QQQ lands near the bottom at #14. The last year tells two different stories: B led by 56.8 percentage points, +83.1% for B against +26.3% for QQQ. Note the risk asymmetry: B runs 2.1 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.
B vs QQQ: side by side
| B (Barrick Mining Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +83.1% | +26.3% |
| 5-year return | +171.9% | +95.4% |
| Volatility (ann.) | 40.7% | 19.6% |
| Beta vs S&P 500 | 0.87 | 1.28 |
| Max drawdown (3Y) | -33.4% | -22.8% |
| Market cap | $77.9B | – |
| P/E (trailing) | 12.2 | – |
| Dividend yield | 1.38% | 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 | B | QQQ |
|---|---|---|
| 2022 | -6.2% | -32.6% |
| 2023 | +7.9% | +54.9% |
| 2024 | -12.3% | +25.6% |
| 2025 | +186.9% | +20.8% |
| 2026 | +10.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are B and QQQ good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between B and QQQ?
As of 2026-08-27, the correlation of weekly returns between B and QQQ is 0.28 over 3 years, 0.41 over 1 year and 0.29 over 5 years.
Is QQQ a good diversifier for B?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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/b-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/b-vs-qqq/)
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Related comparisons
Hubs: B correlations · QQQ correlations
