QQQ vs RDDT: Correlation
How closely do Invesco QQQ Trust (QQQ) and Reddit (RDDT) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RDDT?
Over the past 3 years, QQQ and RDDT moved with a correlation of 0.49, which is moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 749.9 %².
Within QQQ's tracked universe of 4755 assets, RDDT comes in at #304 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 53.4 percentage points (+26.3% for QQQ against -27.1% for RDDT). The link looks structural: the rolling one-year correlation barely moved, holding between 0.37 and 0.57. Risk is not evenly split, since RDDT carries 3.8 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 RDDT: side by side
| QQQ (Invesco QQQ Trust) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | +26.3% | -27.1% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 75.2% |
| Beta vs S&P 500 | 1.28 | 2.59 |
| Max drawdown (3Y) | -22.8% | -61.4% |
| Market cap | – | $29.6B |
| P/E (trailing) | – | 36.1 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Communication Services |
QQQ, Invesco's Large Growth fund, carries $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | RDDT |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | +40.6% |
| 2026 | +17.7% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RDDT good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RDDT?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.52 over the last year and n/a over 5 years.
Is RDDT a good diversifier for QQQ?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-rddt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RDDT correlations
