PHI vs QQQ: Correlation
How closely do PLDT Inc. Sponsored ADR (PHI) and Invesco QQQ Trust (QQQ) trade together? Their weekly returns over three years give a correlation of 0.07, which is near-zero.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHI and QQQ?
Across a 3-year window, the weekly returns of PHI and QQQ correlate at 0.07, near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.20) runs below the 3-year figure (0.07). Stretching to 5 years gives 0.16, with an annualized covariance of 32.9 %².
By 3-year correlation, QQQ places #7 of the 13 assets tracked against PHI. The last year tells two different stories: QQQ led by 34.5 percentage points, -8.2% for PHI against +26.3% for QQQ.
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.
PHI vs QQQ: side by side
| PHI (PLDT Inc. Sponsored ADR) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -8.2% | +26.3% |
| 5-year return | -17.6% | +95.4% |
| Volatility (ann.) | 24.0% | 19.6% |
| Beta vs S&P 500 | 0.22 | 1.28 |
| Max drawdown (3Y) | -33.7% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 9.4 | – |
| Dividend yield | 494.13% | 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 | PHI | QQQ |
|---|---|---|
| 2022 | -31.7% | -32.6% |
| 2023 | +11.9% | +54.9% |
| 2024 | +0.8% | +25.6% |
| 2025 | +1.5% | +20.8% |
| 2026 | -14.6% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHI and QQQ good diversifiers for each other?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PHI and QQQ?
As of 2026-08-27, the correlation of weekly returns between PHI and QQQ is 0.07 over 3 years, -0.20 over 1 year and 0.16 over 5 years.
Is QQQ a good diversifier for PHI?
Yes: at 0.07, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.07 mean?
A reading of 0.07 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: PHI correlations · QQQ correlations
