QQQ vs RBB: Correlation
How closely do Invesco QQQ Trust (QQQ) and RBB Bancorp (RBB) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RBB?
Across a 3-year window, the weekly returns of QQQ and RBB correlate at 0.30, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.30). Stretching to 5 years gives 0.29, with an annualized covariance of 190.4 %².
Among the 4755 assets we track against QQQ, RBB ranks #1523 by 3-year correlation. The trailing year gives RBB the advantage: +26.3% versus +31.8%, a 5.5-point spread. One caveat on sizing: RBB is 1.7 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.
QQQ vs RBB: side by side
| QQQ (Invesco QQQ Trust) | RBB (RBB Bancorp) | |
|---|---|---|
| 1-year return | +26.3% | +31.8% |
| 5-year return | +95.4% | +22.2% |
| Volatility (ann.) | 19.6% | 32.4% |
| Beta vs S&P 500 | 1.28 | 0.96 |
| Max drawdown (3Y) | -22.8% | -39.2% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 10.8 |
| Dividend yield | 0.44% | 2.43% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | QQQ | RBB |
|---|---|---|
| 2022 | -32.6% | -18.5% |
| 2023 | +54.9% | -4.4% |
| 2024 | +25.6% | +11.0% |
| 2025 | +20.8% | +4.4% |
| 2026 | +17.7% | +29.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RBB good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RBB?
As of 2026-08-27, the correlation of weekly returns between QQQ and RBB is 0.30 over 3 years, 0.13 over 1 year and 0.29 over 5 years.
Is RBB a good diversifier for QQQ?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 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.
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Related comparisons
Hubs: QQQ correlations · RBB correlations
