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GRND vs QQQ: Correlation

Measured on weekly returns over the past three years, Grindr Inc. (GRND) and Invesco QQQ Trust (QQQ) carry a correlation of 0.21, a weak link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.21
weak
Correlation (1Y)
0.24
last 12 months
Correlation (5Y)
0.02
long-run
Ann. covariance
192.5
%² · weekly, annualized

How correlated are GRND and QQQ?

On 3 years of weekly data the GRND/QQQ correlation comes out at 0.21, weak. The relationship has been stable: the 1-year correlation (0.24) sits close to the 3-year figure. The 5-year figure is 0.02, and annualized covariance runs at 192.5 %².

By 3-year correlation, QQQ places #6 of the 11 assets tracked against GRND. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 27.7 percentage points (-1.4% for GRND against +26.3% for QQQ). Risk is not evenly split, since GRND carries 2.4 times the volatility of the other side.

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.

GRND vs QQQ: side by side

GRND (Grindr Inc.)QQQ (Invesco QQQ Trust)
1-year return-1.4%+26.3%
5-year return+52.4%+95.4%
Volatility (ann.)46.8%19.6%
Beta vs S&P 5000.691.28
Max drawdown (3Y)-60.2%-22.8%
Market cap$2.7B
P/E (trailing)33.4
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -60.2%Higher 5y return: QQQ +95.4% vs +52.4%

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.

-34%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. GRND · QQQ

Year-by-year returns

YearGRNDQQQ
2022-54.1%-32.6%
2023+88.8%+54.9%
2024+103.2%+25.6%
2025-24.1%+20.8%
2026+13.4%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GRND and QQQ good diversifiers for each other?

Reasonably. At 0.21, GRND and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between GRND and QQQ?

The GRND/QQQ correlation stands at 0.21 on a 3-year window (1 year: 0.24, 5 years: 0.02), computed from weekly returns as of 2026-08-27.

Is QQQ a good diversifier for GRND?

Reasonably. At 0.21, GRND and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.21 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.

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GRND vs QQQ: 3-year weekly correlation 0.21GRND vs QQQ0.21

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Related comparisons

Hubs: GRND correlations · QQQ correlations