QQQ vs RDZN: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Roadzen, Inc. (RDZN) carry a correlation of 0.20, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RDZN?
Across a 3-year window, the weekly returns of QQQ and RDZN correlate at 0.20, weak. Recent behaviour matches the longer record: 0.21 over 1 year against 0.20 over 3. Stretching to 5 years gives 0.15, with an annualized covariance of 484.9 %².
By 3-year correlation, RDZN places #2850 of the 4755 assets tracked against QQQ. The last year tells two different stories: RDZN led by 24.2 percentage points, +26.3% for QQQ against +50.5% for RDZN. Note the risk asymmetry: RDZN runs 6.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 RDZN: side by side
| QQQ (Invesco QQQ Trust) | RDZN (Roadzen, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +50.5% |
| 5-year return | +95.4% | -84.9% |
| Volatility (ann.) | 19.6% | 122.6% |
| Beta vs S&P 500 | 1.28 | 1.57 |
| Max drawdown (3Y) | -22.8% | -94.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 6.8 |
| 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 | RDZN |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | -50.3% |
| 2024 | +25.6% | -57.2% |
| 2025 | +20.8% | +10.6% |
| 2026 | +17.7% | -38.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RDZN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.20 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and RDZN?
As of 2026-08-27, the correlation of weekly returns between QQQ and RDZN is 0.20 over 3 years, 0.21 over 1 year and 0.15 over 5 years.
Is RDZN a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.20 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.20 mean?
On the −1 to +1 scale, 0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rdzn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rdzn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · RDZN correlations
