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QCOM vs VUG: Correlation

How closely do Qualcomm (QCOM) and Vanguard Growth ETF (VUG) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.

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

Correlation (3Y)
0.61
strong
Correlation (1Y)
0.55
last 12 months
Correlation (5Y)
0.63
long-run
Ann. covariance
504.7
%² · weekly, annualized

How correlated are QCOM and VUG?

Across a 3-year window, the weekly returns of QCOM and VUG correlate at 0.61, strong. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. Stretching to 5 years gives 0.63, with an annualized covariance of 504.7 %².

By 3-year correlation, VUG places #14 of the 41 assets tracked against QCOM. On 12-month performance VUG holds a 10.9-point edge, +5.3% against +16.2%. On a rolling one-year basis the correlation drifted between 0.50 and 0.83, a moderate band. One caveat on sizing: QCOM is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

+1.0+0.50-0.5-1.020232026-08-27
How the one-year correlation itself moved over the past three years.
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.

QCOM vs VUG: side by side

QCOM (Qualcomm)VUG (Vanguard Growth ETF)
1-year return+5.3%+16.2%
5-year return+25.8%+78.4%
Volatility (ann.)42.4%19.4%
Beta vs S&P 5001.771.28
Max drawdown (3Y)-44.2%-22.8%
Market cap$176.0B
P/E (trailing)18.9
Dividend yield2.19%0.40%
Expense ratio0.03%
Assets under management$372.0B
Sector / categoryInformation TechnologyETF · US Style
Higher yield: QCOM 2.19% vs 0.40%Smaller drawdown: VUG -22.8% vs -44.2%Higher 5y return: VUG +78.4% vs +25.8%

VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.

-20%0%+59%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. QCOM · VUG

Year-by-year returns

YearQCOMVUG
2022-38.6%-33.2%
2023+35.1%+46.8%
2024+8.3%+32.7%
2025+13.8%+19.4%
2026-2.7%+9.6%

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

Are QCOM and VUG good diversifiers for each other?

Only partially. A correlation of 0.61 means QCOM and VUG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between QCOM and VUG?

Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.55 over the last year and 0.63 over 5 years.

Is VUG a good diversifier for QCOM?

Only partially. A correlation of 0.61 means QCOM and VUG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.61 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

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QCOM vs VUG: 3-year weekly correlation 0.61QCOM vs VUG0.61

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Hubs: QCOM correlations · VUG correlations