BCE vs QQQ: Correlation
BCE, Inc. (BCE) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.07.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCE and QQQ?
Across a 3-year window, the weekly returns of BCE and QQQ correlate at -0.07, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.01 lands near the 3-year figure. Stretching to 5 years gives 0.13, with an annualized covariance of -30.0 %².
By 3-year correlation, QQQ places #10 of the 27 assets tracked against BCE. Correlation aside, the last 12 months split them widely, with QQQ ahead by 27.7 points (-1.4% versus +26.3%).
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.
BCE vs QQQ: side by side
| BCE (BCE, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -1.4% | +26.3% |
| 5-year return | -36.8% | +95.4% |
| Volatility (ann.) | 21.5% | 19.6% |
| Beta vs S&P 500 | -0.06 | 1.28 |
| Max drawdown (3Y) | -43.5% | -22.8% |
| Market cap | $21.8B | – |
| P/E (trailing) | 4.8 | – |
| Dividend yield | 7.45% | 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 | BCE | QQQ |
|---|---|---|
| 2022 | -10.6% | -32.6% |
| 2023 | -4.2% | +54.9% |
| 2024 | -35.5% | +25.6% |
| 2025 | +10.2% | +20.8% |
| 2026 | +0.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCE and QQQ good diversifiers for each other?
Yes: at -0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCE and QQQ?
Using weekly returns as of 2026-08-27: -0.07 over 3 years, with 0.01 over the last year and 0.13 over 5 years.
Is QQQ a good diversifier for BCE?
Yes: at -0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.07 mean?
On the −1 to +1 scale, -0.07 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/bce-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bce-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCE correlations · QQQ correlations
