LYB vs QQQ: Correlation
LyondellBasell (LYB) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.08.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LYB and QQQ?
Over the past 3 years, LYB and QQQ moved with a correlation of 0.08, which is near zero, meaning they move largely independently. The past 12 months show a weaker link (-0.21) than the 3-year average (0.08). Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 55.2 %².
By 3-year correlation, QQQ places #26 of the 36 assets tracked against LYB. Over the last 12 months QQQ came out ahead by 7.2 percentage points (+19.1% against +26.3%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.21 to 0.48. Risk is not evenly split, since LYB 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.
LYB vs QQQ: side by side
| LYB (LyondellBasell) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +19.1% | +26.3% |
| 5-year return | -12.8% | +95.4% |
| Volatility (ann.) | 33.7% | 19.6% |
| Beta vs S&P 500 | 0.42 | 1.28 |
| Max drawdown (3Y) | -55.4% | -22.8% |
| Market cap | $20.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 6.58% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Materials | 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 | LYB | QQQ |
|---|---|---|
| 2022 | -1.0% | -32.6% |
| 2023 | +20.7% | +54.9% |
| 2024 | -17.4% | +25.6% |
| 2025 | -36.0% | +20.8% |
| 2026 | +50.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LYB and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
FAQ
What is the correlation between LYB and QQQ?
Using weekly returns as of 2026-08-27: 0.08 over 3 years, with -0.21 over the last year and 0.20 over 5 years.
Is QQQ a good diversifier for LYB?
By historical standards, yes. A correlation of 0.08 means the two rarely move for the same reasons.
What does a correlation of 0.08 mean?
On the −1 to +1 scale, 0.08 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
$ curl https://www.pairbook.io/api/v1/pairs/lyb-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lyb-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LYB correlations · QQQ correlations
