MNSB vs QQQ: Correlation
Measured on weekly returns over the past three years, MainStreet Bancshares, Inc. (MNSB) and Invesco QQQ Trust (QQQ) carry a correlation of 0.17, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNSB and QQQ?
Over the past 3 years, MNSB and QQQ moved with a correlation of 0.17, which is weak. The past 12 months show a weaker link (0.06) than the 3-year average (0.17). Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 102.2 %².
Among the 11 assets we track against MNSB, QQQ sits near the bottom by co-movement, at rank #8. On 12-month performance QQQ holds a 13.9-point edge, +12.4% against +26.3%. Risk is not evenly split, since MNSB carries 1.6 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.
MNSB vs QQQ: side by side
| MNSB (MainStreet Bancshares, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +12.4% | +26.3% |
| 5-year return | +17.5% | +95.4% |
| Volatility (ann.) | 31.1% | 19.6% |
| Beta vs S&P 500 | 0.55 | 1.28 |
| Max drawdown (3Y) | -40.5% | -22.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | 12.2 | – |
| Dividend yield | 1.61% | 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 | MNSB | QQQ |
|---|---|---|
| 2022 | +12.9% | -32.6% |
| 2023 | -8.2% | +54.9% |
| 2024 | -25.3% | +25.6% |
| 2025 | +15.0% | +20.8% |
| 2026 | +25.5% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNSB and QQQ good diversifiers for each other?
Yes. With a correlation of 0.17, MNSB and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MNSB and QQQ?
Using weekly returns as of 2026-08-27: 0.17 over 3 years, with 0.06 over the last year and 0.17 over 5 years.
Is QQQ a good diversifier for MNSB?
Yes. With a correlation of 0.17, MNSB and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.17 mean?
On the −1 to +1 scale, 0.17 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/mnsb-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mnsb-vs-qqq/)
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Related comparisons
Hubs: MNSB correlations · QQQ correlations
