QQQ vs RGCO: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and RGC Resources Inc. (RGCO) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RGCO?
Across a 3-year window, the weekly returns of QQQ and RGCO correlate at 0.24, weak. The link has loosened recently: the 1-year correlation (0.06) runs below the 3-year figure (0.24). Stretching to 5 years gives 0.16, with an annualized covariance of 146.8 %².
Within QQQ's tracked universe of 4755 assets, RGCO comes in at #2307 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 24.4 points (+26.3% versus +1.9%). Note the risk asymmetry: RGCO runs 1.6 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 RGCO: side by side
| QQQ (Invesco QQQ Trust) | RGCO (RGC Resources Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +1.9% |
| 5-year return | +95.4% | +10.2% |
| Volatility (ann.) | 19.6% | 31.0% |
| Beta vs S&P 500 | 1.28 | 0.66 |
| Max drawdown (3Y) | -22.8% | -19.2% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 16.2 |
| Dividend yield | 0.44% | 3.91% |
| 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 | RGCO |
|---|---|---|
| 2022 | -32.6% | -0.6% |
| 2023 | +54.9% | -4.1% |
| 2024 | +25.6% | +2.5% |
| 2025 | +20.8% | +10.4% |
| 2026 | +17.7% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RGCO good diversifiers for each other?
Reasonably. At 0.24, QQQ and RGCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and RGCO?
The QQQ/RGCO correlation stands at 0.24 on a 3-year window (1 year: 0.06, 5 years: 0.16), computed from weekly returns as of 2026-08-27.
Is RGCO a good diversifier for QQQ?
Reasonably. At 0.24, QQQ and RGCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 mean?
On the −1 to +1 scale, 0.24 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-rgco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rgco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · RGCO correlations
