BTBD vs QQQ: Correlation
How closely do BT Brands, Inc. (BTBD) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.07, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTBD and QQQ?
Over the past 3 years, BTBD and QQQ moved with a correlation of 0.07, which is near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.03 over 1 year against 0.07 over 3. Over 5 years the correlation is 0.03, and the annualized covariance of weekly returns is 117.0 %².
Within BTBD's tracked universe of 12 assets, QQQ comes in at #6 by 3-year correlation. The last year tells two different stories: QQQ led by 48.8 percentage points, -22.5% for BTBD against +26.3% for QQQ. Note the risk asymmetry: BTBD runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BTBD vs QQQ: side by side
| BTBD (BT Brands, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -22.5% | +26.3% |
| 5-year return | -67.8% | +95.4% |
| Volatility (ann.) | 82.0% | 19.6% |
| Beta vs S&P 500 | 0.39 | 1.28 |
| Max drawdown (3Y) | -65.7% | -22.8% |
| Market cap | – | – |
| 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 | BTBD | QQQ |
|---|---|---|
| 2022 | -38.1% | -32.6% |
| 2023 | +36.8% | +54.9% |
| 2024 | -42.4% | +25.6% |
| 2025 | -3.5% | +20.8% |
| 2026 | +2.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTBD and QQQ good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BTBD and QQQ?
The BTBD/QQQ correlation stands at 0.07 on a 3-year window (1 year: 0.03, 5 years: 0.03), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BTBD?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 mean?
On the −1 to +1 scale, 0.07 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
$ curl https://www.pairbook.io/api/v1/pairs/btbd-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/btbd-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BTBD correlations · QQQ correlations
