PVH vs QQQ: Correlation
Measured on weekly returns over the past three years, PVH Corp. (PVH) and Invesco QQQ Trust (QQQ) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PVH and QQQ?
Across a 3-year window, the weekly returns of PVH and QQQ correlate at 0.31, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Stretching to 5 years gives 0.46, with an annualized covariance of 268.5 %².
QQQ is close to the least connected end of PVH's tracked universe, ranking #15 of 19. Correlation aside, the last 12 months split them widely, with QQQ ahead by 32.9 points (-6.6% versus +26.3%). One caveat on sizing: PVH is 2.2 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.
PVH vs QQQ: side by side
| PVH (PVH Corp.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -6.6% | +26.3% |
| 5-year return | -28.0% | +95.4% |
| Volatility (ann.) | 43.7% | 19.6% |
| Beta vs S&P 500 | 1.11 | 1.28 |
| Max drawdown (3Y) | -56.9% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | 23.8 | – |
| Dividend yield | 0.19% | 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 | PVH | QQQ |
|---|---|---|
| 2022 | -33.7% | -32.6% |
| 2023 | +73.3% | +54.9% |
| 2024 | -13.3% | +25.6% |
| 2025 | -36.5% | +20.8% |
| 2026 | +13.7% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PVH and QQQ good diversifiers for each other?
Reasonably. At 0.31, PVH and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PVH and QQQ?
The PVH/QQQ correlation stands at 0.31 on a 3-year window (1 year: 0.41, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is QQQ a good diversifier for PVH?
Reasonably. At 0.31, PVH and QQQ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/pvh-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pvh-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PVH correlations · QQQ correlations
