PRU vs QQQ: Correlation
Prudential Financial (PRU) and Invesco QQQ Trust (QQQ) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRU and QQQ?
Across a 3-year window, the weekly returns of PRU and QQQ correlate at 0.33, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.12 versus 0.33 over 3 years. Stretching to 5 years gives 0.44, with an annualized covariance of 149.8 %².
By 3-year correlation, QQQ places #21 of the 31 assets tracked against PRU. Over the last 12 months QQQ came out ahead by 10.5 percentage points (+15.8% against +26.3%). This link changes with the market regime, having swung between 0.07 and 0.58 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.
PRU vs QQQ: side by side
| PRU (Prudential Financial) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +15.8% | +26.3% |
| 5-year return | +45.1% | +95.4% |
| Volatility (ann.) | 23.0% | 19.6% |
| Beta vs S&P 500 | 0.79 | 1.28 |
| Max drawdown (3Y) | -25.7% | -22.8% |
| Market cap | $41.5B | – |
| P/E (trailing) | 10.9 | – |
| Dividend yield | 4.57% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | Financials | 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 | PRU | QQQ |
|---|---|---|
| 2022 | -3.9% | -32.6% |
| 2023 | +10.1% | +54.9% |
| 2024 | +19.5% | +25.6% |
| 2025 | +0.2% | +20.8% |
| 2026 | +10.8% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRU and QQQ good diversifiers for each other?
Reasonably. At 0.33, PRU and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PRU and QQQ?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.12 over the last year and 0.44 over 5 years.
Is QQQ a good diversifier for PRU?
Reasonably. At 0.33, PRU and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pru-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pru-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRU correlations · QQQ correlations
