OPRT vs QQQ: Correlation
Oportun Financial Corporation (OPRT) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPRT and QQQ?
On 3 years of weekly data the OPRT/QQQ correlation comes out at 0.26, weak. The past 12 months show a tighter link (0.49) than the 3-year average (0.26). The 5-year figure is 0.35, and annualized covariance runs at 419.3 %².
QQQ is close to the least connected end of OPRT's tracked universe, ranking #8 of 11. Over the last 12 months QQQ came out ahead by 11.9 percentage points (+14.4% against +26.3%). Risk is not evenly split, since OPRT carries 4.3 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.
OPRT vs QQQ: side by side
| OPRT (Oportun Financial Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +14.4% | +26.3% |
| 5-year return | -69.9% | +95.4% |
| Volatility (ann.) | 83.4% | 19.6% |
| Beta vs S&P 500 | 1.77 | 1.28 |
| Max drawdown (3Y) | -72.0% | -22.8% |
| Market cap | $0.3B | – |
| P/E (trailing) | 18.7 | – |
| 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 | OPRT | QQQ |
|---|---|---|
| 2022 | -72.8% | -32.6% |
| 2023 | -29.0% | +54.9% |
| 2024 | -0.8% | +25.6% |
| 2025 | +36.3% | +20.8% |
| 2026 | +41.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPRT and QQQ good diversifiers for each other?
Reasonably. At 0.26, OPRT and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between OPRT and QQQ?
The OPRT/QQQ correlation stands at 0.26 on a 3-year window (1 year: 0.49, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for OPRT?
Reasonably. At 0.26, OPRT 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/oprt-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/oprt-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OPRT correlations · QQQ correlations
