COMP vs QQQ: Correlation
How closely do Compass, Inc. (COMP) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COMP and QQQ?
On 3 years of weekly data the COMP/QQQ correlation comes out at 0.31, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 380.0 %².
QQQ is close to the least connected end of COMP's tracked universe, ranking #11 of 14. On 12-month performance QQQ holds a 6.7-point edge, +19.6% against +26.3%. Risk is not evenly split, since COMP carries 3.2 times the volatility of the other side.
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.
COMP vs QQQ: side by side
| COMP (Compass, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +19.6% | +26.3% |
| 5-year return | -33.6% | +95.4% |
| Volatility (ann.) | 61.9% | 19.6% |
| Beta vs S&P 500 | 1.54 | 1.28 |
| Max drawdown (3Y) | -50.8% | -22.8% |
| Market cap | $8.5B | – |
| P/E (trailing) | 185.0 | – |
| 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 | COMP | QQQ |
|---|---|---|
| 2022 | -74.4% | -32.6% |
| 2023 | +61.4% | +54.9% |
| 2024 | +55.6% | +25.6% |
| 2025 | +80.7% | +20.8% |
| 2026 | +5.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COMP and QQQ good diversifiers for each other?
Reasonably. At 0.31, COMP and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COMP and QQQ?
The COMP/QQQ correlation stands at 0.31 on a 3-year window (1 year: 0.38, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for COMP?
Reasonably. At 0.31, COMP and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/comp-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/comp-vs-qqq/)
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Related comparisons
Hubs: COMP correlations · QQQ correlations
