FUSB vs QQQ: Correlation
First US Bancshares, Inc. (FUSB) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.10.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUSB and QQQ?
Across a 3-year window, the weekly returns of FUSB and QQQ correlate at 0.10, weak. The link has loosened recently: the 1-year correlation (-0.05) runs below the 3-year figure (0.10). Stretching to 5 years gives 0.01, with an annualized covariance of 53.1 %².
By 3-year correlation, QQQ places #7 of the 16 assets tracked against FUSB. The last year tells two different stories: FUSB led by 28.0 percentage points, +54.3% for FUSB against +26.3% for QQQ.
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.
FUSB vs QQQ: side by side
| FUSB (First US Bancshares, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +54.3% | +26.3% |
| 5-year return | +66.8% | +95.4% |
| Volatility (ann.) | 26.1% | 19.6% |
| Beta vs S&P 500 | 0.21 | 1.28 |
| Max drawdown (3Y) | -23.2% | -22.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | 12.4 | – |
| Dividend yield | 1.70% | 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 | FUSB | QQQ |
|---|---|---|
| 2022 | -16.7% | -32.6% |
| 2023 | +21.6% | +54.9% |
| 2024 | +24.5% | +25.6% |
| 2025 | +13.4% | +20.8% |
| 2026 | +18.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUSB and QQQ good diversifiers for each other?
Yes: at 0.10, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FUSB and QQQ?
As of 2026-08-27, the correlation of weekly returns between FUSB and QQQ is 0.10 over 3 years, -0.05 over 1 year and 0.01 over 5 years.
Is QQQ a good diversifier for FUSB?
Yes: at 0.10, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.10 mean?
A reading of 0.10 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fusb-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fusb-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FUSB correlations · QQQ correlations
