QQQ vs RCMT: Correlation
Invesco QQQ Trust (QQQ) and RCM Technologies, Inc. (RCMT) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RCMT?
Across a 3-year window, the weekly returns of QQQ and RCMT correlate at 0.25, weak. The relationship has been stable: the 1-year correlation (0.22) sits close to the 3-year figure. Stretching to 5 years gives 0.13, with an annualized covariance of 243.7 %².
Among the 4755 assets we track against QQQ, RCMT ranks #2158 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RCMT outperformed by 30.6 percentage points (+26.3% for QQQ against +56.9% for RCMT). Risk is not evenly split, since RCMT carries 2.5 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 RCMT: side by side
| QQQ (Invesco QQQ Trust) | RCMT (RCM Technologies, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +56.9% |
| 5-year return | +95.4% | +698.6% |
| Volatility (ann.) | 19.6% | 49.1% |
| Beta vs S&P 500 | 1.28 | 0.94 |
| Max drawdown (3Y) | -22.8% | -53.1% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 17.7 |
| Dividend yield | 0.44% | 0.00% |
| 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 | RCMT |
|---|---|---|
| 2022 | -32.6% | +73.3% |
| 2023 | +54.9% | +135.3% |
| 2024 | +25.6% | -23.7% |
| 2025 | +20.8% | -7.7% |
| 2026 | +17.7% | +100.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RCMT good diversifiers for each other?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RCMT?
The QQQ/RCMT correlation stands at 0.25 on a 3-year window (1 year: 0.22, 5 years: 0.13), computed from weekly returns as of 2026-08-27.
Is RCMT a good diversifier for QQQ?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.25 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-rcmt.json
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Related comparisons
Hubs: QQQ correlations · RCMT correlations
