DRH vs QQQ: Correlation
Diamondrock Hospitality Company (DRH) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRH and QQQ?
On 3 years of weekly data the DRH/QQQ correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (-0.09) runs below the 3-year figure (0.36). The 5-year figure is 0.45, and annualized covariance runs at 177.0 %².
QQQ is close to the least connected end of DRH's tracked universe, ranking #17 of 20. Their recent paths diverged sharply: over the last 12 months DRH outperformed by 27.5 percentage points (+53.8% for DRH against +26.3% for QQQ).
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.
DRH vs QQQ: side by side
| DRH (Diamondrock Hospitality Company) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +53.8% | +26.3% |
| 5-year return | +60.8% | +95.4% |
| Volatility (ann.) | 25.1% | 19.6% |
| Beta vs S&P 500 | 0.80 | 1.28 |
| Max drawdown (3Y) | -31.9% | -22.8% |
| Market cap | $2.6B | – |
| P/E (trailing) | 17.6 | – |
| Dividend yield | 3.84% | 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 | DRH | QQQ |
|---|---|---|
| 2022 | -13.8% | -32.6% |
| 2023 | +16.3% | +54.9% |
| 2024 | -0.3% | +25.6% |
| 2025 | +3.7% | +20.8% |
| 2026 | +44.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRH and QQQ good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DRH and QQQ?
The DRH/QQQ correlation stands at 0.36 on a 3-year window (1 year: -0.09, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for DRH?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
A reading of 0.36 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/drh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/drh-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRH correlations · QQQ correlations
