QQQ vs RGA: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Reinsurance Group of America, Incorporated (RGA) carry a correlation of 0.21, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RGA?
Across a 3-year window, the weekly returns of QQQ and RGA correlate at 0.21, weak. The past 12 months show a weaker link (-0.03) than the 3-year average (0.21). Stretching to 5 years gives 0.21, with an annualized covariance of 94.9 %².
Among the 4755 assets we track against QQQ, RGA ranks #2729 by 3-year correlation. Twelve-month performance is nearly a tie, at +26.3% for QQQ and +29.0% for RGA.
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 RGA: side by side
| QQQ (Invesco QQQ Trust) | RGA (Reinsurance Group of America, Incorporated) | |
|---|---|---|
| 1-year return | +26.3% | +29.0% |
| 5-year return | +95.4% | +136.6% |
| Volatility (ann.) | 19.6% | 23.0% |
| Beta vs S&P 500 | 1.28 | 0.60 |
| Max drawdown (3Y) | -22.8% | -27.1% |
| Market cap | – | $16.1B |
| P/E (trailing) | – | 10.9 |
| Dividend yield | 0.44% | 1.51% |
| 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 | RGA |
|---|---|---|
| 2022 | -32.6% | +33.0% |
| 2023 | +54.9% | +16.4% |
| 2024 | +25.6% | +34.4% |
| 2025 | +20.8% | -3.0% |
| 2026 | +17.7% | +22.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RGA good diversifiers for each other?
Reasonably. At 0.21, QQQ and RGA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and RGA?
The QQQ/RGA correlation stands at 0.21 on a 3-year window (1 year: -0.03, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is RGA a good diversifier for QQQ?
Reasonably. At 0.21, QQQ and RGA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.21 mean?
On the −1 to +1 scale, 0.21 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-rga.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-rga/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RGA correlations
