IVT vs QQQ: Correlation
InvenTrust Properties Corp. (IVT) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVT and QQQ?
Over the past 3 years, IVT and QQQ moved with a correlation of 0.13, which is weak. The past 12 months show a weaker link (-0.13) than the 3-year average (0.13). Over 5 years the correlation is 0.01, and the annualized covariance of weekly returns is 46.9 %².
Out of 11 assets tracked against IVT, QQQ lands near the bottom at #8. The trailing year gives QQQ the advantage: +13.5% versus +26.3%, a 12.8-point spread.
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.
IVT vs QQQ: side by side
| IVT (InvenTrust Properties Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +13.5% | +26.3% |
| 5-year return | +2915.1% | +95.4% |
| Volatility (ann.) | 18.1% | 19.6% |
| Beta vs S&P 500 | 0.34 | 1.28 |
| Max drawdown (3Y) | -15.7% | -22.8% |
| Market cap | $2.5B | – |
| P/E (trailing) | 171.8 | – |
| Dividend yield | 2.98% | 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 | IVT | QQQ |
|---|---|---|
| 2022 | -10.3% | -32.6% |
| 2023 | +11.0% | +54.9% |
| 2024 | +23.0% | +25.6% |
| 2025 | -3.2% | +20.8% |
| 2026 | +17.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVT and QQQ good diversifiers for each other?
Yes. With a correlation of 0.13, IVT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IVT and QQQ?
The IVT/QQQ correlation stands at 0.13 on a 3-year window (1 year: -0.13, 5 years: 0.01), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for IVT?
Yes. With a correlation of 0.13, IVT and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.13 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/ivt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ivt-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IVT correlations · QQQ correlations
