BRAG vs QQQ: Correlation
How closely do Bragg Gaming Group Inc. (BRAG) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRAG and QQQ?
On 3 years of weekly data the BRAG/QQQ correlation comes out at 0.28, weak. Little has changed lately, as the 1-year reading of 0.26 lands near the 3-year figure. The 5-year figure is 0.20, and annualized covariance runs at 345.2 %².
Out of 10 assets tracked against BRAG, QQQ lands near the bottom at #6. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 73.9 percentage points (-47.6% for BRAG against +26.3% for QQQ). One caveat on sizing: BRAG is 3.2 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.
BRAG vs QQQ: side by side
| BRAG (Bragg Gaming Group Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -47.6% | +26.3% |
| 5-year return | -87.1% | +95.4% |
| Volatility (ann.) | 62.2% | 19.6% |
| Beta vs S&P 500 | 1.20 | 1.28 |
| Max drawdown (3Y) | -78.8% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| 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 | BRAG | QQQ |
|---|---|---|
| 2022 | -23.5% | -32.6% |
| 2023 | +31.2% | +54.9% |
| 2024 | -26.7% | +25.6% |
| 2025 | -43.2% | +20.8% |
| 2026 | -31.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRAG and QQQ good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRAG and QQQ?
As of 2026-08-27, the correlation of weekly returns between BRAG and QQQ is 0.28 over 3 years, 0.26 over 1 year and 0.20 over 5 years.
Is QQQ a good diversifier for BRAG?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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
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Related comparisons
Hubs: BRAG correlations · QQQ correlations
