JILL vs QQQ: Correlation
Measured on weekly returns over the past three years, J. Jill, Inc. (JILL) and Invesco QQQ Trust (QQQ) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JILL and QQQ?
Across a 3-year window, the weekly returns of JILL and QQQ correlate at 0.30, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.30 over 3 years. Stretching to 5 years gives 0.27, with an annualized covariance of 275.1 %².
QQQ is close to the least connected end of JILL's tracked universe, ranking #10 of 14. On 12-month performance QQQ holds a 7.5-point edge, +18.8% against +26.3%. One caveat on sizing: JILL is 2.4 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.
JILL vs QQQ: side by side
| JILL (J. Jill, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +18.8% | +26.3% |
| 5-year return | -1.2% | +95.4% |
| Volatility (ann.) | 47.4% | 19.6% |
| Beta vs S&P 500 | 1.17 | 1.28 |
| Max drawdown (3Y) | -71.5% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 1.66% | 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 | JILL | QQQ |
|---|---|---|
| 2022 | +29.3% | -32.6% |
| 2023 | +4.0% | +54.9% |
| 2024 | +7.9% | +25.6% |
| 2025 | -49.3% | +20.8% |
| 2026 | +46.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JILL and QQQ good diversifiers for each other?
Reasonably. At 0.30, JILL and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JILL and QQQ?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.14 over the last year and 0.27 over 5 years.
Is QQQ a good diversifier for JILL?
Reasonably. At 0.30, JILL and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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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Related comparisons
Hubs: JILL correlations · QQQ correlations
