HIG vs QQQ: Correlation
Hartford (The) (HIG) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.07.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIG and QQQ?
Over the past 3 years, HIG and QQQ moved with a correlation of 0.07, which is near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.25) than the 3-year average (0.07). Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 27.0 %².
By 3-year correlation, QQQ places #39 of the 49 assets tracked against HIG. Correlation aside, the last 12 months split them widely, with QQQ ahead by 20.9 points (+5.4% versus +26.3%). The relationship is regime-dependent: the rolling one-year correlation swung between -0.27 and 0.39 over the past three years, so this pair behaves very differently depending on the market environment.
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.
HIG vs QQQ: side by side
| HIG (Hartford (The)) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +5.4% | +26.3% |
| 5-year return | +127.4% | +95.4% |
| Volatility (ann.) | 19.5% | 19.6% |
| Beta vs S&P 500 | 0.39 | 1.28 |
| Max drawdown (3Y) | -13.7% | -22.8% |
| Market cap | $37.3B | – |
| P/E (trailing) | 9.7 | – |
| Dividend yield | 1.66% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Financials | 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 | HIG | QQQ |
|---|---|---|
| 2022 | +12.3% | -32.6% |
| 2023 | +8.5% | +54.9% |
| 2024 | +38.5% | +25.6% |
| 2025 | +28.1% | +20.8% |
| 2026 | +0.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIG and QQQ good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between HIG and QQQ?
The HIG/QQQ correlation stands at 0.07 on a 3-year window (1 year: -0.25, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for HIG?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hig-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hig-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HIG correlations · QQQ correlations
