INTU vs QQQ: Correlation
How closely do Intuit (INTU) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTU and QQQ?
Across a 3-year window, the weekly returns of INTU and QQQ correlate at 0.30, moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.30). Stretching to 5 years gives 0.53, with an annualized covariance of 209.2 %².
Within INTU's tracked universe of 45 assets, QQQ comes in at #17 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 73.2 percentage points (-46.9% for INTU against +26.3% for QQQ). This link changes with the market regime, having swung between 0.15 and 0.76 on a rolling one-year basis. One caveat on sizing: INTU is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
INTU vs QQQ: side by side
| INTU (Intuit) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -46.9% | +26.3% |
| 5-year return | -36.2% | +95.4% |
| Volatility (ann.) | 36.2% | 19.6% |
| Beta vs S&P 500 | 0.70 | 1.28 |
| Max drawdown (3Y) | -68.2% | -22.8% |
| Market cap | $95.2B | – |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 1.39% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Information Technology | 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 | INTU | QQQ |
|---|---|---|
| 2022 | -39.1% | -32.6% |
| 2023 | +61.8% | +54.9% |
| 2024 | +1.2% | +25.6% |
| 2025 | +6.1% | +20.8% |
| 2026 | -47.0% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.42% of QQQ is INTU itself, so the fund partly moves with the stock by construction.
Are INTU and QQQ good diversifiers for each other?
Reasonably. At 0.30, INTU and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between INTU and QQQ?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.12 over the last year and 0.53 over 5 years.
Is QQQ a good diversifier for INTU?
Reasonably. At 0.30, INTU and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/intu-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/intu-vs-qqq/)
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Related comparisons
Hubs: INTU correlations · QQQ correlations
