BVFL vs QQQ: Correlation
How closely do BV Financial, Inc. (BVFL) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.22, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVFL and QQQ?
Across a 3-year window, the weekly returns of BVFL and QQQ correlate at 0.22, weak. The link has loosened recently: the 1-year correlation (-0.00) runs below the 3-year figure (0.22). Stretching to 5 years gives 0.08, with an annualized covariance of 100.6 %².
Out of 11 assets tracked against BVFL, QQQ lands near the bottom at #8. Neither side won the trailing year by much: +27.5% against +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.
BVFL vs QQQ: side by side
| BVFL (BV Financial, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +27.5% | +26.3% |
| 5-year return | +55.7% | +95.4% |
| Volatility (ann.) | 23.9% | 19.6% |
| Beta vs S&P 500 | 0.49 | 1.28 |
| Max drawdown (3Y) | -30.9% | -22.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | 14.3 | – |
| 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 | BVFL | QQQ |
|---|---|---|
| 2022 | +24.4% | -32.6% |
| 2023 | -13.2% | +54.9% |
| 2024 | +21.4% | +25.6% |
| 2025 | +5.3% | +20.8% |
| 2026 | +17.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVFL and QQQ good diversifiers for each other?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BVFL and QQQ?
The BVFL/QQQ correlation stands at 0.22 on a 3-year window (1 year: -0.00, 5 years: 0.08), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for BVFL?
A fair diversifier. At 0.22, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.22 mean?
A reading of 0.22 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/bvfl-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bvfl-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BVFL correlations · QQQ correlations
