QCRH vs QQQ: Correlation
QCR Holdings, Inc. (QCRH) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QCRH and QQQ?
Across a 3-year window, the weekly returns of QCRH and QQQ correlate at 0.26, weak. The relationship has been stable: the 1-year correlation (0.16) sits close to the 3-year figure. Stretching to 5 years gives 0.31, with an annualized covariance of 146.1 %².
Out of 11 assets tracked against QCRH, QQQ lands near the bottom at #8. Their 12-month results are close: +27.0% for QCRH against +26.3% for QQQ.
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.
QCRH vs QQQ: side by side
| QCRH (QCR Holdings, Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | +27.0% | +26.3% |
| 5-year return | +100.9% | +95.4% |
| Volatility (ann.) | 29.0% | 19.6% |
| Beta vs S&P 500 | 0.80 | 1.28 |
| Max drawdown (3Y) | -32.1% | -22.8% |
| Market cap | $1.7B | – |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 0.32% | 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 | QCRH | QQQ |
|---|---|---|
| 2022 | -11.0% | -32.6% |
| 2023 | +18.2% | +54.9% |
| 2024 | +38.6% | +25.6% |
| 2025 | +3.6% | +20.8% |
| 2026 | +21.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QCRH and QQQ good diversifiers for each other?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QCRH and QQQ?
As of 2026-08-27, the correlation of weekly returns between QCRH and QQQ is 0.26 over 3 years, 0.16 over 1 year and 0.31 over 5 years.
Is QQQ a good diversifier for QCRH?
A fair diversifier. At 0.26, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.26 mean?
A reading of 0.26 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
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Related comparisons
Hubs: QCRH correlations · QQQ correlations
