DXC vs QQQ: Correlation
How closely do DXC Technology Company (DXC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.25, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXC and QQQ?
On 3 years of weekly data the DXC/QQQ correlation comes out at 0.25, weak. Lately the two have drifted apart, with the 1-year correlation at 0.08 versus 0.25 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 191.6 %².
Among the 16 assets we track against DXC, QQQ sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with QQQ ahead by 49.4 points (-23.1% versus +26.3%). Note the risk asymmetry: DXC runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DXC vs QQQ: side by side
| DXC (DXC Technology Company) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -23.1% | +26.3% |
| 5-year return | -69.7% | +95.4% |
| Volatility (ann.) | 39.0% | 19.6% |
| Beta vs S&P 500 | 0.97 | 1.28 |
| Max drawdown (3Y) | -67.2% | -22.8% |
| Market cap | $1.8B | – |
| P/E (trailing) | 14.3 | – |
| 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 | DXC | QQQ |
|---|---|---|
| 2022 | -17.7% | -32.6% |
| 2023 | -13.7% | +54.9% |
| 2024 | -12.6% | +25.6% |
| 2025 | -26.7% | +20.8% |
| 2026 | -24.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXC and QQQ good diversifiers for each other?
Reasonably. At 0.25, DXC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DXC and QQQ?
Using weekly returns as of 2026-08-27: 0.25 over 3 years, with 0.08 over the last year and 0.34 over 5 years.
Is QQQ a good diversifier for DXC?
Reasonably. At 0.25, DXC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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/dxc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dxc-vs-qqq/)
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Related comparisons
Hubs: DXC correlations · QQQ correlations
