MAS vs QQQ: Correlation
How closely do Masco (MAS) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAS and QQQ?
Over the past 3 years, MAS and QQQ moved with a correlation of 0.38, which is moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.38). Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 217.8 %².
Among the 61 assets we track against MAS, QQQ ranks #51 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 26.8 points (-0.5% versus +26.3%). On a rolling one-year basis the correlation drifted between 0.22 and 0.69, a moderate band. Note the risk asymmetry: MAS runs 1.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MAS vs QQQ: side by side
| MAS (Masco) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -0.5% | +26.3% |
| 5-year return | +29.1% | +95.4% |
| Volatility (ann.) | 29.6% | 19.6% |
| Beta vs S&P 500 | 0.95 | 1.28 |
| Max drawdown (3Y) | -30.9% | -22.8% |
| Market cap | $14.4B | – |
| P/E (trailing) | 17.0 | – |
| Dividend yield | 1.71% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Industrials | 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 | MAS | QQQ |
|---|---|---|
| 2022 | -32.1% | -32.6% |
| 2023 | +46.6% | +54.9% |
| 2024 | +10.0% | +25.6% |
| 2025 | -10.9% | +20.8% |
| 2026 | +16.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAS and QQQ good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MAS and QQQ?
As of 2026-08-27, the correlation of weekly returns between MAS and QQQ is 0.38 over 3 years, 0.25 over 1 year and 0.49 over 5 years.
Is QQQ a good diversifier for MAS?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 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.
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Related comparisons
Hubs: MAS correlations · QQQ correlations
