QQQ vs REYN: Correlation
How closely do Invesco QQQ Trust (QQQ) and Reynolds Consumer Products Inc. (REYN) trade together? Their weekly returns over three years give a correlation of 0.10, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and REYN?
On 3 years of weekly data the QQQ/REYN correlation comes out at 0.10, weak. Recent behaviour matches the longer record: 0.12 over 1 year against 0.10 over 3. The 5-year figure is 0.22, and annualized covariance runs at 42.9 %².
Among the 4755 assets we track against QQQ, REYN ranks #3857 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 16.6 points (+26.3% versus +9.7%).
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 REYN: side by side
| QQQ (Invesco QQQ Trust) | REYN (Reynolds Consumer Products Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +9.7% |
| 5-year return | +95.4% | +1.4% |
| Volatility (ann.) | 19.6% | 21.1% |
| Beta vs S&P 500 | 1.28 | 0.24 |
| Max drawdown (3Y) | -22.8% | -33.4% |
| Market cap | – | $5.1B |
| P/E (trailing) | – | 14.8 |
| Dividend yield | 0.44% | 3.74% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | REYN |
|---|---|---|
| 2022 | -32.6% | -1.5% |
| 2023 | +54.9% | -7.5% |
| 2024 | +25.6% | +3.8% |
| 2025 | +20.8% | -11.7% |
| 2026 | +17.7% | +8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and REYN good diversifiers for each other?
Yes. With a correlation of 0.10, QQQ and REYN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and REYN?
Using weekly returns as of 2026-08-27: 0.10 over 3 years, with 0.12 over the last year and 0.22 over 5 years.
Is REYN a good diversifier for QQQ?
Yes. With a correlation of 0.10, QQQ and REYN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.10 mean?
On the −1 to +1 scale, 0.10 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-reyn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-reyn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · REYN correlations
