BUD vs QQQ: Correlation
Measured on weekly returns over the past three years, Anheuser-Busch Inbev SA Sponsored ADR (Belgium) (BUD) and Invesco QQQ Trust (QQQ) carry a correlation of 0.12, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BUD and QQQ?
On 3 years of weekly data the BUD/QQQ correlation comes out at 0.12, weak. Recent behaviour matches the longer record: 0.03 over 1 year against 0.12 over 3. The 5-year figure is 0.26, and annualized covariance runs at 60.7 %².
Out of 15 assets tracked against BUD, QQQ lands near the bottom at #11. Twelve-month performance is nearly a tie, at +27.8% for BUD and +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.
BUD vs QQQ: side by side
| BUD (Anheuser-Busch Inbev SA Sponsored ADR (Belgium)) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +27.8% | +26.3% |
| 5-year return | +39.0% | +95.4% |
| Volatility (ann.) | 26.7% | 19.6% |
| Beta vs S&P 500 | 0.38 | 1.28 |
| Max drawdown (3Y) | -31.5% | -22.8% |
| Market cap | $155.8B | – |
| P/E (trailing) | 16.9 | – |
| Dividend yield | 1.50% | 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 | BUD | QQQ |
|---|---|---|
| 2022 | +0.1% | -32.6% |
| 2023 | +9.0% | +54.9% |
| 2024 | -21.4% | +25.6% |
| 2025 | +30.1% | +20.8% |
| 2026 | +25.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BUD and QQQ good diversifiers for each other?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BUD and QQQ?
The BUD/QQQ correlation stands at 0.12 on a 3-year window (1 year: 0.03, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BUD?
Yes: at 0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.12 mean?
On the −1 to +1 scale, 0.12 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/bud-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bud-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BUD correlations · QQQ correlations
