GPRE vs QQQ: Correlation
Green Plains, Inc. (GPRE) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRE and QQQ?
Over the past 3 years, GPRE and QQQ moved with a correlation of 0.08, which is near zero, meaning they move largely independently. Lately the two have drifted apart, with the 1-year correlation at -0.15 versus 0.08 over 3 years. Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 99.3 %².
Out of 12 assets tracked against GPRE, QQQ lands near the bottom at #9. On 12-month performance GPRE holds a 14.8-point edge, +41.1% against +26.3%. Note the risk asymmetry: GPRE runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GPRE vs QQQ: side by side
| GPRE (Green Plains, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +41.1% | +26.3% |
| 5-year return | -58.5% | +95.4% |
| Volatility (ann.) | 62.5% | 19.6% |
| Beta vs S&P 500 | 0.65 | 1.28 |
| Max drawdown (3Y) | -90.3% | -22.8% |
| Market cap | $1.0B | – |
| P/E (trailing) | 8.9 | – |
| 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 | GPRE | QQQ |
|---|---|---|
| 2022 | -12.3% | -32.6% |
| 2023 | -17.3% | +54.9% |
| 2024 | -62.4% | +25.6% |
| 2025 | +3.4% | +20.8% |
| 2026 | +43.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRE and QQQ good diversifiers for each other?
Yes. With a correlation of 0.08, GPRE and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GPRE and QQQ?
As of 2026-08-27, the correlation of weekly returns between GPRE and QQQ is 0.08 over 3 years, -0.15 over 1 year and 0.17 over 5 years.
Is QQQ a good diversifier for GPRE?
Yes. With a correlation of 0.08, GPRE and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.08 mean?
A reading of 0.08 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/gpre-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gpre-vs-qqq/)
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Related comparisons
Hubs: GPRE correlations · QQQ correlations
