PG vs QQQ: Correlation
How closely do Procter & Gamble (PG) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.05, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PG and QQQ?
Over the past 3 years, PG and QQQ moved with a correlation of 0.05, which is near zero, meaning they move largely independently. Recent behaviour matches the longer record: 0.07 over 1 year against 0.05 over 3. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 15.5 %².
By 3-year correlation, QQQ places #20 of the 30 assets tracked against PG. The last year tells two different stories: QQQ led by 32.4 percentage points, -6.1% for PG against +26.3% for QQQ. This link changes with the market regime, having swung between -0.15 and 0.40 on a rolling one-year basis.
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.
PG vs QQQ: side by side
| PG (Procter & Gamble) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -6.1% | +26.3% |
| 5-year return | +13.9% | +95.4% |
| Volatility (ann.) | 15.3% | 19.6% |
| Beta vs S&P 500 | 0.19 | 1.28 |
| Max drawdown (3Y) | -21.2% | -22.8% |
| Market cap | $332.7B | – |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.94% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Consumer Staples | 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 | PG | QQQ |
|---|---|---|
| 2022 | -5.0% | -32.6% |
| 2023 | -0.9% | +54.9% |
| 2024 | +17.3% | +25.6% |
| 2025 | -12.3% | +20.8% |
| 2026 | +2.1% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PG and QQQ good diversifiers for each other?
By historical standards, yes. A correlation of 0.05 means the two rarely move for the same reasons.
FAQ
What is the correlation between PG and QQQ?
As of 2026-08-27, the correlation of weekly returns between PG and QQQ is 0.05 over 3 years, 0.07 over 1 year and 0.28 over 5 years.
Is QQQ a good diversifier for PG?
By historical standards, yes. A correlation of 0.05 means the two rarely move for the same reasons.
What does a correlation of 0.05 mean?
On the −1 to +1 scale, 0.05 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
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Related comparisons
Hubs: PG correlations · QQQ correlations
