BRT vs QQQ: Correlation
Measured on weekly returns over the past three years, BRT Apartments Corp. (MD) (BRT) and Invesco QQQ Trust (QQQ) carry a correlation of 0.27, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRT and QQQ?
Over the past 3 years, BRT and QQQ moved with a correlation of 0.27, which is weak. The link has loosened recently: the 1-year correlation (0.14) runs below the 3-year figure (0.27). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 128.1 %².
Out of 14 assets tracked against BRT, QQQ lands near the bottom at #11. The last year tells two different stories: QQQ led by 29.5 percentage points, -3.2% for BRT against +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.
BRT vs QQQ: side by side
| BRT (BRT Apartments Corp. (MD)) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -3.2% | +26.3% |
| 5-year return | -1.1% | +95.4% |
| Volatility (ann.) | 24.0% | 19.6% |
| Beta vs S&P 500 | 0.68 | 1.28 |
| Max drawdown (3Y) | -27.6% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 5.48% | 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 | BRT | QQQ |
|---|---|---|
| 2022 | -14.4% | -32.6% |
| 2023 | -0.0% | +54.9% |
| 2024 | +2.7% | +25.6% |
| 2025 | -13.3% | +20.8% |
| 2026 | +1.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRT and QQQ good diversifiers for each other?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRT and QQQ?
As of 2026-08-27, the correlation of weekly returns between BRT and QQQ is 0.27 over 3 years, 0.14 over 1 year and 0.32 over 5 years.
Is QQQ a good diversifier for BRT?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brt-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BRT correlations · QQQ correlations
