FSEA vs QQQ: Correlation
How closely do First Seacoast Bancorp, Inc. (FSEA) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.15, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSEA and QQQ?
Over the past 3 years, FSEA and QQQ moved with a correlation of 0.15, which is weak. The relationship has been stable: the 1-year correlation (0.16) sits close to the 3-year figure. Over 5 years the correlation is 0.12, and the annualized covariance of weekly returns is 98.6 %².
By 3-year correlation, QQQ places #12 of the 47 assets tracked against FSEA. Their recent paths diverged sharply: over the last 12 months FSEA outperformed by 22.6 percentage points (+48.9% for FSEA against +26.3% for QQQ). One caveat on sizing: FSEA is 1.7 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.
FSEA vs QQQ: side by side
| FSEA (First Seacoast Bancorp, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +48.9% | +26.3% |
| 5-year return | +44.2% | +95.4% |
| Volatility (ann.) | 33.2% | 19.6% |
| Beta vs S&P 500 | 0.19 | 1.28 |
| Max drawdown (3Y) | -21.5% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| 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 | FSEA | QQQ |
|---|---|---|
| 2022 | -10.5% | -32.6% |
| 2023 | -32.7% | +54.9% |
| 2024 | +30.6% | +25.6% |
| 2025 | +31.5% | +20.8% |
| 2026 | +29.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSEA and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between FSEA and QQQ?
As of 2026-08-27, the correlation of weekly returns between FSEA and QQQ is 0.15 over 3 years, 0.16 over 1 year and 0.12 over 5 years.
Is QQQ a good diversifier for FSEA?
By historical standards, yes. A correlation of 0.15 means the two rarely move for the same reasons.
What does a correlation of 0.15 mean?
On the −1 to +1 scale, 0.15 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/fsea-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fsea-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FSEA correlations · QQQ correlations
