NRDY vs QQQ: Correlation
Nerdy Inc. (NRDY) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is 0.03.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRDY and QQQ?
On 3 years of weekly data the NRDY/QQQ correlation comes out at 0.03, near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.02 lands near the 3-year figure. The 5-year figure is 0.04, and annualized covariance runs at 580.6 %².
QQQ is close to the least connected end of NRDY's tracked universe, ranking #7 of 10. Correlation aside, the last 12 months split them widely, with NRDY ahead by 634.7 points (+661.0% versus +26.3%). Note the risk asymmetry: NRDY runs 56.0 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.
NRDY vs QQQ: side by side
| NRDY (Nerdy Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +661.0% | +26.3% |
| 5-year return | +3.8% | +95.4% |
| Volatility (ann.) | 1097.1% | 19.6% |
| Beta vs S&P 500 | 2.74 | 1.28 |
| Max drawdown (3Y) | -94.2% | -22.8% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 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 | NRDY | QQQ |
|---|---|---|
| 2022 | -50.0% | -32.6% |
| 2023 | +52.4% | +54.9% |
| 2024 | -52.8% | +25.6% |
| 2025 | -35.8% | +20.8% |
| 2026 | +895.2% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRDY and QQQ good diversifiers for each other?
Yes. With a correlation of 0.03, NRDY and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NRDY and QQQ?
As of 2026-08-27, the correlation of weekly returns between NRDY and QQQ is 0.03 over 3 years, 0.02 over 1 year and 0.04 over 5 years.
Is QQQ a good diversifier for NRDY?
Yes. With a correlation of 0.03, NRDY and QQQ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.03 mean?
A reading of 0.03 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nrdy-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nrdy-vs-qqq/)
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Related comparisons
Hubs: NRDY correlations · QQQ correlations
