DCOM vs QQQ: Correlation
Dime Commercial Bancshares, Inc. (DCOM) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCOM and QQQ?
Across a 3-year window, the weekly returns of DCOM and QQQ correlate at 0.25, weak. The link has loosened recently: the 1-year correlation (0.06) runs below the 3-year figure (0.25). Stretching to 5 years gives 0.28, with an annualized covariance of 161.5 %².
QQQ is close to the least connected end of DCOM's tracked universe, ranking #12 of 15. Over the last 12 months DCOM came out ahead by 9.8 percentage points (+36.1% against +26.3%). One caveat on sizing: DCOM is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DCOM vs QQQ: side by side
| DCOM (Dime Commercial Bancshares, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +36.1% | +26.3% |
| 5-year return | +46.6% | +95.4% |
| Volatility (ann.) | 33.3% | 19.6% |
| Beta vs S&P 500 | 0.87 | 1.28 |
| Max drawdown (3Y) | -36.0% | -22.8% |
| Market cap | $1.8B | – |
| P/E (trailing) | 14.6 | – |
| Dividend yield | 2.48% | 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 | DCOM | QQQ |
|---|---|---|
| 2022 | -6.8% | -32.6% |
| 2023 | -11.5% | +54.9% |
| 2024 | +19.0% | +25.6% |
| 2025 | +1.4% | +20.8% |
| 2026 | +37.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCOM and QQQ good diversifiers for each other?
Reasonably. At 0.25, DCOM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DCOM and QQQ?
As of 2026-08-27, the correlation of weekly returns between DCOM and QQQ is 0.25 over 3 years, 0.06 over 1 year and 0.28 over 5 years.
Is QQQ a good diversifier for DCOM?
Reasonably. At 0.25, DCOM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dcom-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dcom-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DCOM correlations · QQQ correlations
