BANR vs QQQ: Correlation
Banner Corporation (BANR) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BANR and QQQ?
On 3 years of weekly data the BANR/QQQ correlation comes out at 0.26, weak. The link has loosened recently: the 1-year correlation (0.05) runs below the 3-year figure (0.26). The 5-year figure is 0.30, and annualized covariance runs at 144.9 %².
Among the 18 assets we track against BANR, QQQ sits near the bottom by co-movement, at rank #15. The last year tells two different stories: QQQ led by 19.2 percentage points, +7.1% for BANR against +26.3% for QQQ.
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.
BANR vs QQQ: side by side
| BANR (Banner Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +7.1% | +26.3% |
| 5-year return | +46.1% | +95.4% |
| Volatility (ann.) | 28.8% | 19.6% |
| Beta vs S&P 500 | 0.80 | 1.28 |
| Max drawdown (3Y) | -25.4% | -22.8% |
| Market cap | $2.4B | – |
| P/E (trailing) | 11.6 | – |
| Dividend yield | 2.84% | 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 | BANR | QQQ |
|---|---|---|
| 2022 | +7.2% | -32.6% |
| 2023 | -11.9% | +54.9% |
| 2024 | +29.5% | +25.6% |
| 2025 | -3.2% | +20.8% |
| 2026 | +14.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANR and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BANR and QQQ?
As of 2026-08-27, the correlation of weekly returns between BANR and QQQ is 0.26 over 3 years, 0.05 over 1 year and 0.30 over 5 years.
Is QQQ a good diversifier for BANR?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 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/banr-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/banr-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BANR correlations · QQQ correlations
