OMC vs QQQ: Correlation
How closely do Omnicom Group (OMC) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.26, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMC and QQQ?
Across a 3-year window, the weekly returns of OMC and QQQ correlate at 0.26, weak. The link has loosened recently: the 1-year correlation (0.08) runs below the 3-year figure (0.26). Stretching to 5 years gives 0.33, with an annualized covariance of 145.1 %².
Within OMC's tracked universe of 36 assets, QQQ comes in at #25 by 3-year correlation. The trailing year gives QQQ the advantage: +16.5% versus +26.3%, a 9.8-point spread. Across three years, the rolling one-year figure varied moderately, from 0.04 to 0.53.
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.
OMC vs QQQ: side by side
| OMC (Omnicom Group) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +16.5% | +26.3% |
| 5-year return | +45.6% | +95.4% |
| Volatility (ann.) | 28.0% | 19.6% |
| Beta vs S&P 500 | 0.76 | 1.28 |
| Max drawdown (3Y) | -33.3% | -22.8% |
| Market cap | $24.1B | – |
| P/E (trailing) | 237.5 | – |
| Dividend yield | 3.53% | 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 | OMC | QQQ |
|---|---|---|
| 2022 | +15.7% | -32.6% |
| 2023 | +9.6% | +54.9% |
| 2024 | +2.5% | +25.6% |
| 2025 | -2.6% | +20.8% |
| 2026 | +11.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMC and QQQ good diversifiers for each other?
Reasonably. At 0.26, OMC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OMC and QQQ?
As of 2026-08-27, the correlation of weekly returns between OMC and QQQ is 0.26 over 3 years, 0.08 over 1 year and 0.33 over 5 years.
Is QQQ a good diversifier for OMC?
Reasonably. At 0.26, OMC and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.26 mean?
A reading of 0.26 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/omc-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/omc-vs-qqq/)
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Related comparisons
Hubs: OMC correlations · QQQ correlations
