IBKR vs QQQ: Correlation
Measured on weekly returns over the past three years, Interactive Brokers (IBKR) and Invesco QQQ Trust (QQQ) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IBKR and QQQ?
Over the past 3 years, IBKR and QQQ moved with a correlation of 0.57, which is moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.57 over 3. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 376.4 %².
Among the 32 assets we track against IBKR, QQQ ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IBKR outperformed by 30.7 percentage points (+57.0% for IBKR against +26.3% for QQQ). This link changes with the market regime, having swung between 0.08 and 0.78 on a rolling one-year basis. Risk is not evenly split, since IBKR carries 1.7 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.
IBKR vs QQQ: side by side
| IBKR (Interactive Brokers) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +57.0% | +26.3% |
| 5-year return | +516.0% | +95.4% |
| Volatility (ann.) | 33.9% | 19.6% |
| Beta vs S&P 500 | 1.37 | 1.28 |
| Max drawdown (3Y) | -38.7% | -22.8% |
| Market cap | $164.5B | – |
| P/E (trailing) | 38.5 | – |
| Dividend yield | 0.34% | 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 | IBKR | QQQ |
|---|---|---|
| 2022 | -8.4% | -32.6% |
| 2023 | +15.1% | +54.9% |
| 2024 | +114.4% | +25.6% |
| 2025 | +46.4% | +20.8% |
| 2026 | +50.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IBKR and QQQ good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between IBKR and QQQ?
As of 2026-08-27, the correlation of weekly returns between IBKR and QQQ is 0.57 over 3 years, 0.58 over 1 year and 0.51 over 5 years.
Is QQQ a good diversifier for IBKR?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ibkr-vs-qqq/)
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Related comparisons
Hubs: IBKR correlations · QQQ correlations
