PRHI vs QQQ: Correlation
Presurance Holdings, Inc. (PRHI) and Invesco QQQ Trust (QQQ) show a near-zero relationship: their 3-year correlation of weekly returns is -0.04.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRHI and QQQ?
Across a 3-year window, the weekly returns of PRHI and QQQ correlate at -0.04, near zero, meaning they move largely independently. The relationship has been stable: the 1-year correlation (-0.02) sits close to the 3-year figure. Stretching to 5 years gives 0.02, with an annualized covariance of -92.9 %².
By 3-year correlation, QQQ places #8 of the 15 assets tracked against PRHI. On 12-month performance QQQ holds a 5.3-point edge, +21.0% against +26.3%. One caveat on sizing: PRHI is 6.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PRHI vs QQQ: side by side
| PRHI (Presurance Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +21.0% | +26.3% |
| 5-year return | -77.0% | +95.4% |
| Volatility (ann.) | 122.6% | 19.6% |
| Beta vs S&P 500 | 0.03 | 1.28 |
| Max drawdown (3Y) | -76.4% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| 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 | PRHI | QQQ |
|---|---|---|
| 2022 | -32.3% | -32.6% |
| 2023 | -29.9% | +54.9% |
| 2024 | +6.4% | +25.6% |
| 2025 | -39.1% | +20.8% |
| 2026 | +34.9% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRHI and QQQ good diversifiers for each other?
Yes: at -0.04, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PRHI and QQQ?
As of 2026-08-27, the correlation of weekly returns between PRHI and QQQ is -0.04 over 3 years, -0.02 over 1 year and 0.02 over 5 years.
Is QQQ a good diversifier for PRHI?
Yes: at -0.04, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.04 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.
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Related comparisons
Hubs: PRHI correlations · QQQ correlations
