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GSBC vs QQQ: Correlation

Measured on weekly returns over the past three years, Great Southern Bancorp, Inc. (GSBC) and Invesco QQQ Trust (QQQ) carry a correlation of 0.24, a weak link.

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

Correlation (3Y)
0.24
weak
Correlation (1Y)
-0.03
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
114.3
%² · weekly, annualized

How correlated are GSBC and QQQ?

Across a 3-year window, the weekly returns of GSBC and QQQ correlate at 0.24, weak. The past 12 months show a weaker link (-0.03) than the 3-year average (0.24). Stretching to 5 years gives 0.24, with an annualized covariance of 114.3 %².

QQQ is close to the least connected end of GSBC's tracked universe, ranking #23 of 26. Twelve-month performance is nearly a tie, at +26.7% for GSBC and +26.3% for QQQ.

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.

GSBC vs QQQ: side by side

GSBC (Great Southern Bancorp, Inc.)QQQ (Invesco QQQ Trust)
1-year return+26.7%+26.3%
5-year return+68.1%+95.4%
Volatility (ann.)24.8%19.6%
Beta vs S&P 5000.621.28
Max drawdown (3Y)-23.4%-22.8%
Market cap$0.9B
P/E (trailing)13.1
Dividend yield2.19%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: GSBC 2.19% vs 0.44%Smaller drawdown: QQQ -22.8% vs -23.4%Higher 5y return: QQQ +95.4% vs +68.1%

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.

-12%0%+32%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. GSBC · QQQ

Year-by-year returns

YearGSBCQQQ
2022+3.1%-32.6%
2023+2.8%+54.9%
2024+3.5%+25.6%
2025+6.0%+20.8%
2026+29.2%+17.7%

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

Are GSBC and QQQ good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between GSBC and QQQ?

As of 2026-08-27, the correlation of weekly returns between GSBC and QQQ is 0.24 over 3 years, -0.03 over 1 year and 0.24 over 5 years.

Is QQQ a good diversifier for GSBC?

Yes, to a useful degree: a correlation of 0.24 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.24 mean?

On the −1 to +1 scale, 0.24 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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GSBC vs QQQ: 3-year weekly correlation 0.24GSBC vs QQQ0.24

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Hubs: GSBC correlations · QQQ correlations