DD vs QQQ: Correlation
DuPont (DD) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DD and QQQ?
On 3 years of weekly data the DD/QQQ correlation comes out at 0.39, moderate. The past 12 months show a weaker link (0.23) than the 3-year average (0.39). The 5-year figure is 0.50, and annualized covariance runs at 221.9 %².
Among the 34 assets we track against DD, QQQ ranks #24 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DD ahead by 18.4 points (+44.7% versus +26.3%). This link changes with the market regime, having swung between 0.08 and 0.70 on a rolling one-year basis.
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.
DD vs QQQ: side by side
| DD (DuPont) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +44.7% | +26.3% |
| 5-year return | +64.0% | +95.4% |
| Volatility (ann.) | 28.8% | 19.6% |
| Beta vs S&P 500 | 0.93 | 1.28 |
| Max drawdown (3Y) | -37.8% | -22.8% |
| Market cap | $18.7B | – |
| P/E (trailing) | 59.1 | – |
| Dividend yield | 2.20% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Industrials | 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 | DD | QQQ |
|---|---|---|
| 2022 | -13.4% | -32.6% |
| 2023 | +14.4% | +54.9% |
| 2024 | +1.0% | +25.6% |
| 2025 | +28.7% | +20.8% |
| 2026 | +16.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DD and QQQ good diversifiers for each other?
Reasonably. At 0.39, DD and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DD and QQQ?
As of 2026-08-27, the correlation of weekly returns between DD and QQQ is 0.39 over 3 years, 0.23 over 1 year and 0.50 over 5 years.
Is QQQ a good diversifier for DD?
Reasonably. At 0.39, DD and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/dd-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dd-vs-qqq/)
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Related comparisons
Hubs: DD correlations · QQQ correlations
