QQQ vs RBRK: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Rubrik, Inc. (RBRK) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RBRK?
Across a 3-year window, the weekly returns of QQQ and RBRK correlate at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 609.4 %².
Among the 4755 assets we track against QQQ, RBRK ranks #367 by 3-year correlation. Neither side won the trailing year by much: +26.3% against +22.3%. Risk is not evenly split, since RBRK carries 3.3 times the volatility of the other side.
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 RBRK: side by side
| QQQ (Invesco QQQ Trust) | RBRK (Rubrik, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +22.3% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 63.9% |
| Beta vs S&P 500 | 1.28 | 1.92 |
| Max drawdown (3Y) | -22.8% | -56.1% |
| Market cap | – | $22.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 0.00% |
| 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 | RBRK |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | +17.0% |
| 2026 | +17.7% | +39.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RBRK good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RBRK?
The QQQ/RBRK correlation stands at 0.47 on a 3-year window (1 year: 0.42, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RBRK a good diversifier for QQQ?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rbrk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rbrk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · RBRK correlations
