PRSU vs QQQ: Correlation
Measured on weekly returns over the past three years, Pursuit Attractions and Hospitality, Inc. (PRSU) and Invesco QQQ Trust (QQQ) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRSU and QQQ?
Over the past 3 years, PRSU and QQQ moved with a correlation of 0.39, which is moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.39). Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 299.2 %².
Out of 13 assets tracked against PRSU, QQQ lands near the bottom at #10. On 12-month performance PRSU holds a 6.9-point edge, +33.2% against +26.3%. Risk is not evenly split, since PRSU carries 2.0 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.
PRSU vs QQQ: side by side
| PRSU (Pursuit Attractions and Hospitality, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +33.2% | +26.3% |
| 5-year return | +15.6% | +95.4% |
| Volatility (ann.) | 38.8% | 19.6% |
| Beta vs S&P 500 | 1.24 | 1.28 |
| Max drawdown (3Y) | -40.2% | -22.8% |
| Market cap | $1.4B | – |
| P/E (trailing) | 33.8 | – |
| 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 | PRSU | QQQ |
|---|---|---|
| 2022 | -43.0% | -32.6% |
| 2023 | +48.4% | +54.9% |
| 2024 | +17.4% | +25.6% |
| 2025 | -20.8% | +20.8% |
| 2026 | +46.4% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRSU and QQQ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between PRSU and QQQ?
As of 2026-08-27, the correlation of weekly returns between PRSU and QQQ is 0.39 over 3 years, 0.12 over 1 year and 0.44 over 5 years.
Is QQQ a good diversifier for PRSU?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/prsu-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prsu-vs-qqq/)
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Related comparisons
Hubs: PRSU correlations · QQQ correlations
