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GRPN vs QQQ: Correlation

Groupon, Inc. (GRPN) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.29.

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

Correlation (3Y)
0.29
weak
Correlation (1Y)
0.27
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
518.3
%² · weekly, annualized

How correlated are GRPN and QQQ?

Across a 3-year window, the weekly returns of GRPN and QQQ correlate at 0.29, weak. Recent behaviour matches the longer record: 0.27 over 1 year against 0.29 over 3. Stretching to 5 years gives 0.33, with an annualized covariance of 518.3 %².

Out of 11 assets tracked against GRPN, QQQ lands near the bottom at #7. The last year tells two different stories: QQQ led by 52.1 percentage points, -25.8% for GRPN against +26.3% for QQQ. Risk is not evenly split, since GRPN carries 4.7 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.

GRPN vs QQQ: side by side

GRPN (Groupon, Inc.)QQQ (Invesco QQQ Trust)
1-year return-25.8%+26.3%
5-year return-17.9%+95.4%
Volatility (ann.)91.7%19.6%
Beta vs S&P 5001.871.28
Max drawdown (3Y)-74.2%-22.8%
Market cap$0.8B
P/E (trailing)
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 -74.2%Higher 5y return: QQQ +95.4% vs -17.9%

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.

-60%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. GRPN · QQQ

Year-by-year returns

YearGRPNQQQ
2022-63.0%-32.6%
2023+49.7%+54.9%
2024-5.4%+25.6%
2025+44.9%+20.8%
2026+10.6%+17.7%

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

Are GRPN and QQQ good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between GRPN and QQQ?

The GRPN/QQQ correlation stands at 0.29 on a 3-year window (1 year: 0.27, 5 years: 0.33), computed from weekly returns as of 2026-08-27.

Is QQQ a good diversifier for GRPN?

Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.29 mean?

On the −1 to +1 scale, 0.29 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.

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GRPN vs QQQ: 3-year weekly correlation 0.29GRPN vs QQQ0.29

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Hubs: GRPN correlations · QQQ correlations