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
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 500 | 1.87 | 1.28 |
| Max drawdown (3Y) | -74.2% | -22.8% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| 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 | GRPN | QQQ |
|---|---|---|
| 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.
Use this data
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Related comparisons
Hubs: GRPN correlations · QQQ correlations