EVCM vs QQQ: Correlation
EverCommerce Inc. (EVCM) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVCM and QQQ?
On 3 years of weekly data the EVCM/QQQ correlation comes out at 0.24, weak. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.24 over 3 years. The 5-year figure is 0.33, and annualized covariance runs at 225.3 %².
Out of 17 assets tracked against EVCM, QQQ lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with QQQ ahead by 44.4 points (-18.1% versus +26.3%). Risk is not evenly split, since EVCM 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.
EVCM vs QQQ: side by side
| EVCM (EverCommerce Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -18.1% | +26.3% |
| 5-year return | -55.5% | +95.4% |
| Volatility (ann.) | 47.9% | 19.6% |
| Beta vs S&P 500 | 0.95 | 1.28 |
| Max drawdown (3Y) | -35.0% | -22.8% |
| Market cap | $1.7B | – |
| P/E (trailing) | 58.4 | – |
| 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 | EVCM | QQQ |
|---|---|---|
| 2022 | -52.8% | -32.6% |
| 2023 | +48.3% | +54.9% |
| 2024 | -0.2% | +25.6% |
| 2025 | +10.0% | +20.8% |
| 2026 | -22.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVCM and QQQ good diversifiers for each other?
Reasonably. At 0.24, EVCM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between EVCM and QQQ?
The EVCM/QQQ correlation stands at 0.24 on a 3-year window (1 year: 0.10, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for EVCM?
Reasonably. At 0.24, EVCM and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 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/evcm-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/evcm-vs-qqq/)
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Related comparisons
Hubs: EVCM correlations · QQQ correlations
