DEC vs QQQ: Correlation
Measured on weekly returns over the past three years, Diversified Energy Company (DEC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.00, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEC and QQQ?
Over the past 3 years, DEC and QQQ moved with a correlation of 0.00, which is near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.25) than the 3-year average (0.00). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is nan %².
By 3-year correlation, QQQ places #13 of the 27 assets tracked against DEC. Correlation aside, the last 12 months split them widely, with QQQ ahead by 27.0 points (-0.7% versus +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.
DEC vs QQQ: side by side
| DEC (Diversified Energy Company) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -0.7% | +26.3% |
| 5-year return | n/a | +95.4% |
| Volatility (ann.) | n/a | 19.6% |
| Beta vs S&P 500 | nan | 1.28 |
| Max drawdown (3Y) | -36.6% | -22.8% |
| Market cap | $1.0B | – |
| P/E (trailing) | 2.5 | – |
| Dividend yield | 7.77% | 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 | DEC | QQQ |
|---|---|---|
| 2022 | – | -32.6% |
| 2023 | +inf% | +54.9% |
| 2024 | +30.4% | +25.6% |
| 2025 | -4.7% | +20.8% |
| 2026 | +8.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEC and QQQ good diversifiers for each other?
Yes: at 0.00, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DEC and QQQ?
Using weekly returns as of 2026-08-27: 0.00 over 3 years, with -0.25 over the last year and n/a over 5 years.
Is QQQ a good diversifier for DEC?
Yes: at 0.00, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.00 mean?
On the −1 to +1 scale, 0.00 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/dec-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dec-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DEC correlations · QQQ correlations
