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BRC vs QQQ: Correlation

Brady Corporation (BRC) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.14.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.14
weak
Correlation (1Y)
-0.03
last 12 months
Correlation (5Y)
0.30
long-run
Ann. covariance
74.5
%² · weekly, annualized

How correlated are BRC and QQQ?

Across a 3-year window, the weekly returns of BRC and QQQ correlate at 0.14, weak. The past 12 months show a weaker link (-0.03) than the 3-year average (0.14). Stretching to 5 years gives 0.30, with an annualized covariance of 74.5 %².

QQQ is close to the least connected end of BRC's tracked universe, ranking #10 of 14. Twelve-month performance is nearly a tie, at +22.1% for BRC and +26.3% for QQQ.

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.

BRC vs QQQ: side by side

BRC (Brady Corporation)QQQ (Invesco QQQ Trust)
1-year return+22.1%+26.3%
5-year return+91.6%+95.4%
Volatility (ann.)26.5%19.6%
Beta vs S&P 5000.431.28
Max drawdown (3Y)-26.1%-22.8%
Market cap
P/E (trailing)21.4
Dividend yield1.04%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: BRC 1.04% vs 0.44%Smaller drawdown: QQQ -22.8% vs -26.1%Higher 5y return: QQQ +95.4% vs +91.6%

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.

-13%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BRC · QQQ

Year-by-year returns

YearBRCQQQ
2022-10.9%-32.6%
2023+26.9%+54.9%
2024+27.7%+25.6%
2025+7.6%+20.8%
2026+20.3%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BRC and QQQ good diversifiers for each other?

Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between BRC and QQQ?

The BRC/QQQ correlation stands at 0.14 on a 3-year window (1 year: -0.03, 5 years: 0.30), computed from weekly returns as of 2026-08-27.

Is QQQ a good diversifier for BRC?

Yes: at 0.14, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of 0.14 mean?

On the −1 to +1 scale, 0.14 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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BRC vs QQQ: 3-year weekly correlation 0.14BRC vs QQQ0.14

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Related comparisons

Hubs: BRC correlations · QQQ correlations