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BRID vs QQQ: Correlation

Measured on weekly returns over the past three years, Bridgford Foods Corporation (BRID) and Invesco QQQ Trust (QQQ) carry a correlation of 0.10, a weak link.

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

Correlation (3Y)
0.10
weak
Correlation (1Y)
0.11
last 12 months
Correlation (5Y)
0.03
long-run
Ann. covariance
67.2
%² · weekly, annualized

How correlated are BRID and QQQ?

Across a 3-year window, the weekly returns of BRID and QQQ correlate at 0.10, weak. Recent behaviour matches the longer record: 0.11 over 1 year against 0.10 over 3. Stretching to 5 years gives 0.03, with an annualized covariance of 67.2 %².

Out of 12 assets tracked against BRID, QQQ lands near the bottom at #8. The last year tells two different stories: QQQ led by 44.2 percentage points, -17.9% for BRID against +26.3% for QQQ. Risk is not evenly split, since BRID carries 1.7 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.

BRID vs QQQ: side by side

BRID (Bridgford Foods Corporation)QQQ (Invesco QQQ Trust)
1-year return-17.9%+26.3%
5-year return-53.4%+95.4%
Volatility (ann.)33.3%19.6%
Beta vs S&P 5000.311.28
Max drawdown (3Y)-54.0%-22.8%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -54.0%Higher 5y return: QQQ +95.4% vs -53.4%

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.

-22%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. BRID · QQQ

Year-by-year returns

YearBRIDQQQ
2022-1.6%-32.6%
2023-7.7%+54.9%
2024-2.2%+25.6%
2025-27.5%+20.8%
2026-21.2%+17.7%

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

Are BRID and QQQ good diversifiers for each other?

By historical standards, yes. A correlation of 0.10 means the two rarely move for the same reasons.

FAQ

What is the correlation between BRID and QQQ?

As of 2026-08-27, the correlation of weekly returns between BRID and QQQ is 0.10 over 3 years, 0.11 over 1 year and 0.03 over 5 years.

Is QQQ a good diversifier for BRID?

By historical standards, yes. A correlation of 0.10 means the two rarely move for the same reasons.

What does a correlation of 0.10 mean?

A reading of 0.10 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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BRID vs QQQ: 3-year weekly correlation 0.10BRID vs QQQ0.10

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Hubs: BRID correlations · QQQ correlations