BCG vs QQQ: Correlation
Binah Capital Group, Inc. (BCG) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.03.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCG and QQQ?
Across a 3-year window, the weekly returns of BCG and QQQ correlate at 0.03, near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.12 over 1 year against 0.03 over 3. Stretching to 5 years gives n/a, with an annualized covariance of 74.4 %².
By 3-year correlation, QQQ places #8 of the 16 assets tracked against BCG. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 52.3 percentage points (-26.0% for BCG against +26.3% for QQQ). One caveat on sizing: BCG is 5.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BCG vs QQQ: side by side
| BCG (Binah Capital Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -26.0% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | 116.2% | 19.6% |
| Beta vs S&P 500 | 0.48 | 1.28 |
| Max drawdown (3Y) | -89.9% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 14.5 | – |
| 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 | BCG | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | – | +54.9% |
| 2024 | – | +25.6% |
| 2025 | -2.0% | +20.8% |
| 2026 | -49.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCG and QQQ good diversifiers for each other?
Yes: at 0.03, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCG and QQQ?
The BCG/QQQ correlation stands at 0.03 on a 3-year window (1 year: 0.12, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BCG?
Yes: at 0.03, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.03 mean?
A reading of 0.03 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: BCG correlations · QQQ correlations
