EXC vs QQQ: Correlation
How closely do Exelon (EXC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXC and QQQ?
Across a 3-year window, the weekly returns of EXC and QQQ correlate at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.23 over 1 year against -0.15 over 3. Stretching to 5 years gives 0.14, with an annualized covariance of -56.5 %².
Among the 41 assets we track against EXC, QQQ ranks #21 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 24.6 points (+1.7% versus +26.3%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.28 to 0.43.
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.
EXC vs QQQ: side by side
| EXC (Exelon) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +1.7% | +26.3% |
| 5-year return | +48.1% | +95.4% |
| Volatility (ann.) | 19.4% | 19.6% |
| Beta vs S&P 500 | -0.05 | 1.28 |
| Max drawdown (3Y) | -18.9% | -22.8% |
| Market cap | $45.3B | – |
| P/E (trailing) | 16.3 | – |
| Dividend yield | 3.69% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Utilities | 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 | EXC | QQQ |
|---|---|---|
| 2022 | +8.3% | -32.6% |
| 2023 | -14.0% | +54.9% |
| 2024 | +9.2% | +25.6% |
| 2025 | +20.0% | +20.8% |
| 2026 | +2.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that QQQ holds EXC at a 0.2% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are EXC and QQQ good diversifiers for each other?
Yes. With a correlation of -0.15, EXC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EXC and QQQ?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.23 over the last year and 0.14 over 5 years.
Is QQQ a good diversifier for EXC?
Yes. With a correlation of -0.15, EXC and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 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/exc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/exc-vs-qqq/)
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Related comparisons
Hubs: EXC correlations · QQQ correlations
