GIS vs QQQ: Correlation
Measured on weekly returns over the past three years, General Mills (GIS) and Invesco QQQ Trust (QQQ) carry a correlation of -0.13, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIS and QQQ?
Across a 3-year window, the weekly returns of GIS and QQQ correlate at -0.13, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.08) sits close to the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -53.1 %².
Within GIS's tracked universe of 38 assets, QQQ comes in at #21 by 3-year correlation. The last year tells two different stories: QQQ led by 39.1 percentage points, -12.8% for GIS against +26.3% for QQQ. Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.48 to 0.06.
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.
GIS vs QQQ: side by side
| GIS (General Mills) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -12.8% | +26.3% |
| 5-year return | -14.6% | +95.4% |
| Volatility (ann.) | 20.6% | 19.6% |
| Beta vs S&P 500 | -0.05 | 1.28 |
| Max drawdown (3Y) | -53.4% | -22.8% |
| Market cap | $21.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 6.09% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Consumer Staples | 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 | GIS | QQQ |
|---|---|---|
| 2022 | +28.1% | -32.6% |
| 2023 | -20.0% | +54.9% |
| 2024 | +1.4% | +25.6% |
| 2025 | -23.7% | +20.8% |
| 2026 | -8.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIS and QQQ good diversifiers for each other?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GIS and QQQ?
The GIS/QQQ correlation stands at -0.13 on a 3-year window (1 year: -0.08, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for GIS?
Yes: at -0.13, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.13 mean?
A reading of -0.13 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/gis-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gis-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIS correlations · QQQ correlations
