BGS vs QQQ: Correlation
How closely do B&G Foods, Inc. (BGS) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.02, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BGS and QQQ?
On 3 years of weekly data the BGS/QQQ correlation comes out at -0.02, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.02 lands near the 3-year figure. The 5-year figure is 0.10, and annualized covariance runs at -16.2 %².
Within BGS's tracked universe of 15 assets, QQQ comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 37.5 points (-11.2% versus +26.3%). Risk is not evenly split, since BGS carries 2.8 times the volatility of the other side.
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.
BGS vs QQQ: side by side
| BGS (B&G Foods, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -11.2% | +26.3% |
| 5-year return | -80.9% | +95.4% |
| Volatility (ann.) | 54.4% | 19.6% |
| Beta vs S&P 500 | 0.09 | 1.28 |
| Max drawdown (3Y) | -63.6% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 18.84% | 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 | BGS | QQQ |
|---|---|---|
| 2022 | -60.7% | -32.6% |
| 2023 | +0.3% | +54.9% |
| 2024 | -28.3% | +25.6% |
| 2025 | -26.8% | +20.8% |
| 2026 | -14.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BGS and QQQ good diversifiers for each other?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BGS and QQQ?
As of 2026-08-27, the correlation of weekly returns between BGS and QQQ is -0.02 over 3 years, 0.02 over 1 year and 0.10 over 5 years.
Is QQQ a good diversifier for BGS?
Yes: at -0.02, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.02 mean?
On the −1 to +1 scale, -0.02 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/bgs-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bgs-vs-qqq/)
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Related comparisons
Hubs: BGS correlations · QQQ correlations
