BRX vs QQQ: Correlation
Brixmor Property Group Inc. (BRX) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and QQQ?
Across a 3-year window, the weekly returns of BRX and QQQ correlate at 0.24, weak. The past 12 months show a weaker link (-0.13) than the 3-year average (0.24). Stretching to 5 years gives 0.40, with an annualized covariance of 95.1 %².
QQQ is close to the least connected end of BRX's tracked universe, ranking #22 of 25. Correlation aside, the last 12 months split them widely, with QQQ ahead by 17.9 points (+8.4% versus +26.3%).
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.
BRX vs QQQ: side by side
| BRX (Brixmor Property Group Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +8.4% | +26.3% |
| 5-year return | +55.9% | +95.4% |
| Volatility (ann.) | 20.7% | 19.6% |
| Beta vs S&P 500 | 0.56 | 1.28 |
| Max drawdown (3Y) | -22.4% | -22.8% |
| Market cap | $8.9B | – |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 4.12% | 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 | BRX | QQQ |
|---|---|---|
| 2022 | -6.8% | -32.6% |
| 2023 | +7.7% | +54.9% |
| 2024 | +25.2% | +25.6% |
| 2025 | -1.7% | +20.8% |
| 2026 | +14.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and QQQ good diversifiers for each other?
Reasonably. At 0.24, BRX and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRX and QQQ?
As of 2026-08-27, the correlation of weekly returns between BRX and QQQ is 0.24 over 3 years, -0.13 over 1 year and 0.40 over 5 years.
Is QQQ a good diversifier for BRX?
Reasonably. At 0.24, BRX and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 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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Related comparisons
Hubs: BRX correlations · QQQ correlations
