QQQ vs RCG: Correlation
Invesco QQQ Trust (QQQ) and RENN Fund, Inc (RCG) show a near-zero relationship: their 3-year correlation of weekly returns is -0.01.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RCG?
On 3 years of weekly data the QQQ/RCG correlation comes out at -0.01, near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.01). The 5-year figure is 0.11, and annualized covariance runs at -5.3 %².
Within QQQ's tracked universe of 4755 assets, RCG comes in at #4528 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 15.2 points (+26.3% versus +11.1%).
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 RCG: side by side
| QQQ (Invesco QQQ Trust) | RCG (RENN Fund, Inc) | |
|---|---|---|
| 1-year return | +26.3% | +11.1% |
| 5-year return | +95.4% | +24.1% |
| Volatility (ann.) | 19.6% | 25.8% |
| Beta vs S&P 500 | 1.28 | 0.09 |
| Max drawdown (3Y) | -22.8% | -20.0% |
| Market cap | – | – |
| P/E (trailing) | – | 26.5 |
| Dividend yield | 0.44% | 0.71% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | RCG |
|---|---|---|
| 2022 | -32.6% | -31.5% |
| 2023 | +54.9% | -4.7% |
| 2024 | +25.6% | +31.6% |
| 2025 | +20.8% | +16.2% |
| 2026 | +17.7% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RCG good diversifiers for each other?
Yes: at -0.01, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and RCG?
Using weekly returns as of 2026-08-27: -0.01 over 3 years, with -0.36 over the last year and 0.11 over 5 years.
Is RCG a good diversifier for QQQ?
Yes: at -0.01, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.01 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-rcg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-rcg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RCG correlations
