PairBook
HomePINS › PINS vs QQQ

PINS vs QQQ: Correlation

Pinterest, Inc. (PINS) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.32
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
409.1
%² · weekly, annualized

How correlated are PINS and QQQ?

Over the past 3 years, PINS and QQQ moved with a correlation of 0.43, which is moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.43). Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 409.1 %².

By 3-year correlation, QQQ places #9 of the 16 assets tracked against PINS. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 63.0 percentage points (-36.7% for PINS against +26.3% for QQQ). Risk is not evenly split, since PINS 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.

PINS vs QQQ: side by side

PINS (Pinterest, Inc.)QQQ (Invesco QQQ Trust)
1-year return-36.7%+26.3%
5-year return-59.5%+95.4%
Volatility (ann.)48.1%19.6%
Beta vs S&P 5001.481.28
Max drawdown (3Y)-65.7%-22.8%
Market cap$13.0B
P/E (trailing)69.3
Dividend yield0.00%0.44%
Expense ratio0.18%
Assets under management$452.8B
Sector / categoryUS ListedETF · US Growth & Tech
Higher yield: QQQ 0.44% vs 0.00%Smaller drawdown: QQQ -22.8% vs -65.7%Higher 5y return: QQQ +95.4% vs -59.5%

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.

-59%0%+29%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. PINS · QQQ

Year-by-year returns

YearPINSQQQ
2022-33.2%-32.6%
2023+52.6%+54.9%
2024-21.7%+25.6%
2025-10.7%+20.8%
2026-11.6%+17.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PINS and QQQ good diversifiers for each other?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between PINS and QQQ?

Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.32 over the last year and 0.45 over 5 years.

Is QQQ a good diversifier for PINS?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.43 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/pins-vs-qqq.json

PINS vs QQQ: 3-year weekly correlation 0.43PINS vs QQQ0.43

Embed this badge (it refreshes with the data), with attribution:

[![PINS vs QQQ correlation](https://www.pairbook.io/api/v1/badge/pins-vs-qqq.svg)](https://www.pairbook.io/pair/pins-vs-qqq/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: PINS correlations · QQQ correlations