QQQ vs RICK: Correlation
Invesco QQQ Trust (QQQ) and RCI Hospitality Holdings, Inc. (RICK) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RICK?
Across a 3-year window, the weekly returns of QQQ and RICK correlate at 0.29, weak. The relationship has been stable: the 1-year correlation (0.25) sits close to the 3-year figure. Stretching to 5 years gives 0.32, with an annualized covariance of 222.4 %².
Among the 4755 assets we track against QQQ, RICK ranks #1648 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 46.2 points (+26.3% versus -19.9%). One caveat on sizing: RICK is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 RICK: side by side
| QQQ (Invesco QQQ Trust) | RICK (RCI Hospitality Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -19.9% |
| 5-year return | +95.4% | -54.1% |
| Volatility (ann.) | 19.6% | 39.0% |
| Beta vs S&P 500 | 1.28 | 0.96 |
| Max drawdown (3Y) | -22.8% | -68.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.44% | 1.01% |
| 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 | RICK |
|---|---|---|
| 2022 | -32.6% | +20.0% |
| 2023 | +54.9% | -28.7% |
| 2024 | +25.6% | -12.8% |
| 2025 | +20.8% | -58.2% |
| 2026 | +17.7% | +24.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RICK good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RICK?
The QQQ/RICK correlation stands at 0.29 on a 3-year window (1 year: 0.25, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is RICK a good diversifier for QQQ?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
A reading of 0.29 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rick.json
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Related comparisons
Hubs: QQQ correlations · RICK correlations
