BRKR vs QQQ: Correlation
Measured on weekly returns over the past three years, Bruker Corporation (BRKR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRKR and QQQ?
On 3 years of weekly data the BRKR/QQQ correlation comes out at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 299.4 %².
Out of 13 assets tracked against BRKR, QQQ lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months BRKR outperformed by 51.0 percentage points (+77.3% for BRKR against +26.3% for QQQ). One caveat on sizing: BRKR is 2.5 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.
BRKR vs QQQ: side by side
| BRKR (Bruker Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +77.3% | +26.3% |
| 5-year return | -32.8% | +95.4% |
| Volatility (ann.) | 49.5% | 19.6% |
| Beta vs S&P 500 | 1.17 | 1.28 |
| Max drawdown (3Y) | -68.7% | -22.8% |
| Market cap | $9.0B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.35% | 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 | BRKR | QQQ |
|---|---|---|
| 2022 | -18.3% | -32.6% |
| 2023 | +7.8% | +54.9% |
| 2024 | -20.0% | +25.6% |
| 2025 | -19.2% | +20.8% |
| 2026 | +26.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRKR and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BRKR and QQQ?
As of 2026-08-27, the correlation of weekly returns between BRKR and QQQ is 0.31 over 3 years, 0.28 over 1 year and 0.37 over 5 years.
Is QQQ a good diversifier for BRKR?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: BRKR correlations · QQQ correlations
