BR vs QQQ: Correlation
How closely do Broadridge Financial Solutions (BR) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BR and QQQ?
Over the past 3 years, BR and QQQ moved with a correlation of 0.33, which is moderate. The past 12 months show a weaker link (0.17) than the 3-year average (0.33). Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 144.5 %².
Within BR's tracked universe of 45 assets, QQQ comes in at #34 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 53.9 percentage points (-27.6% for BR against +26.3% for QQQ). On a rolling one-year basis the correlation drifted between 0.21 and 0.63, a moderate band.
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.
BR vs QQQ: side by side
| BR (Broadridge Financial Solutions) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -27.6% | +26.3% |
| 5-year return | +16.0% | +95.4% |
| Volatility (ann.) | 22.6% | 19.6% |
| Beta vs S&P 500 | 0.65 | 1.28 |
| Max drawdown (3Y) | -48.2% | -22.8% |
| Market cap | $20.9B | – |
| P/E (trailing) | 18.9 | – |
| Dividend yield | 2.15% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Industrials | 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 | BR | QQQ |
|---|---|---|
| 2022 | -25.3% | -32.6% |
| 2023 | +56.2% | +54.9% |
| 2024 | +11.7% | +25.6% |
| 2025 | +0.3% | +20.8% |
| 2026 | -17.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BR and QQQ good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BR and QQQ?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.17 over the last year and 0.49 over 5 years.
Is QQQ a good diversifier for BR?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/br-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/br-vs-qqq/)
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Related comparisons
Hubs: BR correlations · QQQ correlations
