QQQ vs RECT: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Rectitude Holdings Ltd (RECT) carry a correlation of 0.15, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RECT?
On 3 years of weekly data the QQQ/RECT correlation comes out at 0.15, weak. The relationship has been stable: the 1-year correlation (0.24) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 207.4 %².
By 3-year correlation, RECT places #3388 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 98.4 percentage points, +26.3% for QQQ against -72.1% for RECT. Note the risk asymmetry: RECT runs 3.3 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 RECT: side by side
| QQQ (Invesco QQQ Trust) | RECT (Rectitude Holdings Ltd) | |
|---|---|---|
| 1-year return | +26.3% | -72.1% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 65.0% |
| Beta vs S&P 500 | 1.28 | 0.67 |
| Max drawdown (3Y) | -22.8% | -85.4% |
| Market cap | – | – |
| P/E (trailing) | – | 6.4 |
| 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 | RECT |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | – |
| 2025 | +20.8% | -74.1% |
| 2026 | +17.7% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RECT good diversifiers for each other?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QQQ and RECT?
The QQQ/RECT correlation stands at 0.15 on a 3-year window (1 year: 0.24, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RECT a good diversifier for QQQ?
Yes: at 0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.15 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-rect.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-rect/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · RECT correlations
