ENTG vs QQQ: Correlation
Measured on weekly returns over the past three years, Entegris, Inc. (ENTG) and Invesco QQQ Trust (QQQ) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTG and QQQ?
Over the past 3 years, ENTG and QQQ moved with a correlation of 0.61, which is strong. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 632.7 %².
By 3-year correlation, QQQ places #15 of the 23 assets tracked against ENTG. Their recent paths diverged sharply: over the last 12 months ENTG outperformed by 47.3 percentage points (+73.6% for ENTG against +26.3% for QQQ). One caveat on sizing: ENTG is 2.7 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.
ENTG vs QQQ: side by side
| ENTG (Entegris, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +73.6% | +26.3% |
| 5-year return | +22.7% | +95.4% |
| Volatility (ann.) | 53.0% | 19.6% |
| Beta vs S&P 500 | 2.17 | 1.28 |
| Max drawdown (3Y) | -56.9% | -22.8% |
| Market cap | $22.2B | – |
| P/E (trailing) | 71.6 | – |
| Dividend yield | 0.28% | 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 | ENTG | QQQ |
|---|---|---|
| 2022 | -52.5% | -32.6% |
| 2023 | +83.5% | +54.9% |
| 2024 | -17.1% | +25.6% |
| 2025 | -14.6% | +20.8% |
| 2026 | +72.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTG and QQQ good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ENTG and QQQ?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.57 over the last year and 0.66 over 5 years.
Is QQQ a good diversifier for ENTG?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 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/entg-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/entg-vs-qqq/)
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Related comparisons
Hubs: ENTG correlations · QQQ correlations
