EZPW vs QQQ: Correlation
How closely do EZCORP, Inc. - Class A Non-Voting (EZPW) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.05, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EZPW and QQQ?
Across a 3-year window, the weekly returns of EZPW and QQQ correlate at 0.05, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (0.12) sits close to the 3-year figure. Stretching to 5 years gives 0.20, with an annualized covariance of 32.3 %².
QQQ is close to the least connected end of EZPW's tracked universe, ranking #7 of 10. The last year tells two different stories: EZPW led by 83.5 percentage points, +109.8% for EZPW against +26.3% for QQQ. One caveat on sizing: EZPW is 1.6 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.
EZPW vs QQQ: side by side
| EZPW (EZCORP, Inc. - Class A Non-Voting) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +109.8% | +26.3% |
| 5-year return | +400.9% | +95.4% |
| Volatility (ann.) | 31.0% | 19.6% |
| Beta vs S&P 500 | 0.26 | 1.28 |
| Max drawdown (3Y) | -24.2% | -22.8% |
| Market cap | $2.1B | – |
| P/E (trailing) | 17.0 | – |
| 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 | EZPW | QQQ |
|---|---|---|
| 2022 | +10.6% | -32.6% |
| 2023 | +7.2% | +54.9% |
| 2024 | +39.8% | +25.6% |
| 2025 | +58.9% | +20.8% |
| 2026 | +77.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EZPW and QQQ good diversifiers for each other?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EZPW and QQQ?
As of 2026-08-27, the correlation of weekly returns between EZPW and QQQ is 0.05 over 3 years, 0.12 over 1 year and 0.20 over 5 years.
Is QQQ a good diversifier for EZPW?
Yes: at 0.05, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.05 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/ezpw-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ezpw-vs-qqq/)
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Related comparisons
Hubs: EZPW correlations · QQQ correlations
