LOGI vs QQQ: Correlation
Logitech International S.A. - Registered Shares (LOGI) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOGI and QQQ?
On 3 years of weekly data the LOGI/QQQ correlation comes out at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. The 5-year figure is 0.52, and annualized covariance runs at 355.0 %².
By 3-year correlation, QQQ places #6 of the 12 assets tracked against LOGI. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 29.8 percentage points (-3.5% for LOGI against +26.3% for QQQ). One caveat on sizing: LOGI is 1.7 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.
LOGI vs QQQ: side by side
| LOGI (Logitech International S.A. - Registered Shares) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -3.5% | +26.3% |
| 5-year return | +0.1% | +95.4% |
| Volatility (ann.) | 34.3% | 19.6% |
| Beta vs S&P 500 | 1.24 | 1.28 |
| Max drawdown (3Y) | -37.6% | -22.8% |
| Market cap | $14.0B | – |
| P/E (trailing) | 18.4 | – |
| Dividend yield | 1.69% | 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 | LOGI | QQQ |
|---|---|---|
| 2022 | -22.9% | -32.6% |
| 2023 | +55.3% | +54.9% |
| 2024 | -12.0% | +25.6% |
| 2025 | +23.5% | +20.8% |
| 2026 | -2.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOGI and QQQ good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LOGI and QQQ?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.53 over the last year and 0.52 over 5 years.
Is QQQ a good diversifier for LOGI?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/logi-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/logi-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOGI correlations · QQQ correlations
