QQQ vs RGS: Correlation
Invesco QQQ Trust (QQQ) and Regis Corporation (RGS) show a near-zero relationship: their 3-year correlation of weekly returns is 0.03.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RGS?
On 3 years of weekly data the QQQ/RGS correlation comes out at 0.03, near zero, meaning they move largely independently. The link has tightened recently: the 1-year correlation (0.24) runs above the 3-year figure (0.03). The 5-year figure is 0.05, and annualized covariance runs at 153.4 %².
Within QQQ's tracked universe of 4755 assets, RGS comes in at #4335 by 3-year correlation. On 12-month performance QQQ holds a 6.6-point edge, +26.3% against +19.7%. Risk is not evenly split, since RGS carries 11.6 times the volatility of the other side.
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 RGS: side by side
| QQQ (Invesco QQQ Trust) | RGS (Regis Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +19.7% |
| 5-year return | +95.4% | -75.3% |
| Volatility (ann.) | 19.6% | 226.7% |
| Beta vs S&P 500 | 1.28 | 0.65 |
| Max drawdown (3Y) | -22.8% | -81.1% |
| Market cap | – | – |
| P/E (trailing) | – | 0.6 |
| Dividend yield | 0.44% | 0.00% |
| 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 | RGS |
|---|---|---|
| 2022 | -32.6% | -29.9% |
| 2023 | +54.9% | -61.3% |
| 2024 | +25.6% | +151.0% |
| 2025 | +20.8% | +17.0% |
| 2026 | +17.7% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RGS good diversifiers for each other?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
FAQ
What is the correlation between QQQ and RGS?
The QQQ/RGS correlation stands at 0.03 on a 3-year window (1 year: 0.24, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is RGS a good diversifier for QQQ?
By historical standards, yes. A correlation of 0.03 means the two rarely move for the same reasons.
What does a correlation of 0.03 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-rgs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-rgs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RGS correlations
