BRLT vs QQQ: Correlation
How closely do Brilliant Earth Group, Inc. (BRLT) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.24, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRLT and QQQ?
On 3 years of weekly data the BRLT/QQQ correlation comes out at 0.24, weak. Recent behaviour matches the longer record: 0.28 over 1 year against 0.24 over 3. The 5-year figure is 0.32, and annualized covariance runs at 315.8 %².
Among the 12 assets we track against BRLT, QQQ sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with QQQ ahead by 80.0 points (-53.7% versus +26.3%). One caveat on sizing: BRLT is 3.4 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.
BRLT vs QQQ: side by side
| BRLT (Brilliant Earth Group, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -53.7% | +26.3% |
| 5-year return | -91.4% | +95.4% |
| Volatility (ann.) | 66.7% | 19.6% |
| Beta vs S&P 500 | 1.29 | 1.28 |
| Max drawdown (3Y) | -68.9% | -22.8% |
| Market cap | $0.1B | – |
| 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 | BRLT | QQQ |
|---|---|---|
| 2022 | -76.1% | -32.6% |
| 2023 | -13.7% | +54.9% |
| 2024 | -43.5% | +25.6% |
| 2025 | -6.3% | +20.8% |
| 2026 | -25.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRLT and QQQ good diversifiers for each other?
Reasonably. At 0.24, BRLT and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRLT and QQQ?
The BRLT/QQQ correlation stands at 0.24 on a 3-year window (1 year: 0.28, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BRLT?
Reasonably. At 0.24, BRLT and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
A reading of 0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/brlt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brlt-vs-qqq/)
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Related comparisons
Hubs: BRLT correlations · QQQ correlations
