EPAM vs QQQ: Correlation
Measured on weekly returns over the past three years, EPAM Systems, Inc. (EPAM) and Invesco QQQ Trust (QQQ) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPAM and QQQ?
On 3 years of weekly data the EPAM/QQQ correlation comes out at 0.20, weak. Lately the two have drifted apart, with the 1-year correlation at -0.13 versus 0.20 over 3 years. The 5-year figure is 0.40, and annualized covariance runs at 181.2 %².
QQQ is close to the least connected end of EPAM's tracked universe, ranking #13 of 16. Correlation aside, the last 12 months split them widely, with QQQ ahead by 61.3 points (-35.0% versus +26.3%). Risk is not evenly split, since EPAM carries 2.4 times the volatility of the other side.
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.
EPAM vs QQQ: side by side
| EPAM (EPAM Systems, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -35.0% | +26.3% |
| 5-year return | -82.3% | +95.4% |
| Volatility (ann.) | 47.0% | 19.6% |
| Beta vs S&P 500 | 0.98 | 1.28 |
| Max drawdown (3Y) | -75.8% | -22.8% |
| Market cap | $5.8B | – |
| P/E (trailing) | 14.8 | – |
| 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 | EPAM | QQQ |
|---|---|---|
| 2022 | -51.0% | -32.6% |
| 2023 | -9.3% | +54.9% |
| 2024 | -21.4% | +25.6% |
| 2025 | -12.4% | +20.8% |
| 2026 | -45.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPAM and QQQ good diversifiers for each other?
Reasonably. At 0.20, EPAM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EPAM and QQQ?
The EPAM/QQQ correlation stands at 0.20 on a 3-year window (1 year: -0.13, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for EPAM?
Reasonably. At 0.20, EPAM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.20 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/epam-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/epam-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EPAM correlations · QQQ correlations
