ORCL vs QQQ: Correlation
Measured on weekly returns over the past three years, Oracle Corporation (ORCL) and Invesco QQQ Trust (QQQ) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORCL and QQQ?
On 3 years of weekly data the ORCL/QQQ correlation comes out at 0.54, moderate. Recent behaviour matches the longer record: 0.57 over 1 year against 0.54 over 3. The 5-year figure is 0.52, and annualized covariance runs at 522.3 %².
Among the 30 assets we track against ORCL, QQQ ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 61.1 points (-34.8% versus +26.3%). On a rolling one-year basis the correlation drifted between 0.43 and 0.73, a moderate band. Risk is not evenly split, since ORCL carries 2.5 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.
ORCL vs QQQ: side by side
| ORCL (Oracle Corporation) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -34.8% | +26.3% |
| 5-year return | +81.7% | +95.4% |
| Volatility (ann.) | 49.9% | 19.6% |
| Beta vs S&P 500 | 1.71 | 1.28 |
| Max drawdown (3Y) | -64.6% | -22.8% |
| Market cap | $437.7B | – |
| P/E (trailing) | 25.5 | – |
| Dividend yield | 1.34% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Information Technology | 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 | ORCL | QQQ |
|---|---|---|
| 2022 | -4.6% | -32.6% |
| 2023 | +30.9% | +54.9% |
| 2024 | +60.0% | +25.6% |
| 2025 | +18.1% | +20.8% |
| 2026 | -21.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORCL and QQQ good diversifiers for each other?
Only partially. A correlation of 0.54 means ORCL and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ORCL and QQQ?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.57 over the last year and 0.52 over 5 years.
Is QQQ a good diversifier for ORCL?
Only partially. A correlation of 0.54 means ORCL and QQQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/orcl-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/orcl-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ORCL correlations · QQQ correlations
