META vs QQQ: Correlation
Measured on weekly returns over the past three years, Meta Platforms (META) and Invesco QQQ Trust (QQQ) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are META and QQQ?
Across a 3-year window, the weekly returns of META and QQQ correlate at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Stretching to 5 years gives 0.60, with an annualized covariance of 425.6 %².
By 3-year correlation, QQQ places #5 of the 33 assets tracked against META. Correlation aside, the last 12 months split them widely, with QQQ ahead by 49.6 points (-23.3% versus +26.3%). Across three years, the rolling one-year figure varied moderately, from 0.38 to 0.77. Risk is not evenly split, since META carries 1.9 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.
META vs QQQ: side by side
| META (Meta Platforms) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -23.3% | +26.3% |
| 5-year return | +51.3% | +95.4% |
| Volatility (ann.) | 36.9% | 19.6% |
| Beta vs S&P 500 | 1.45 | 1.28 |
| Max drawdown (3Y) | -34.2% | -22.8% |
| Market cap | $1,454.9B | – |
| P/E (trailing) | 21.7 | – |
| Dividend yield | 0.36% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Communication Services | 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 | META | QQQ |
|---|---|---|
| 2022 | -64.2% | -32.6% |
| 2023 | +194.1% | +54.9% |
| 2024 | +66.0% | +25.6% |
| 2025 | +13.1% | +20.8% |
| 2026 | -13.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 2.74% of QQQ is META itself, so the fund partly moves with the stock by construction.
Are META and QQQ good diversifiers for each other?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between META and QQQ?
The META/QQQ correlation stands at 0.59 on a 3-year window (1 year: 0.59, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for META?
To a limited degree. At 0.59 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/meta-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/meta-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: META correlations · QQQ correlations
