QQQ vs RMR: Correlation
Invesco QQQ Trust (QQQ) and The RMR Group Inc. (RMR) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RMR?
Across a 3-year window, the weekly returns of QQQ and RMR correlate at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.20) sits close to the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 159.2 %².
Among the 4755 assets we track against QQQ, RMR ranks #1527 by 3-year correlation. Twelve-month performance is nearly a tie, at +26.3% for QQQ and +29.4% for RMR.
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 RMR: side by side
| QQQ (Invesco QQQ Trust) | RMR (The RMR Group Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +29.4% |
| 5-year return | +95.4% | -25.0% |
| Volatility (ann.) | 19.6% | 27.3% |
| Beta vs S&P 500 | 1.28 | 0.70 |
| Max drawdown (3Y) | -22.8% | -45.0% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 16.9 |
| Dividend yield | 0.44% | 9.23% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | RMR |
|---|---|---|
| 2022 | -32.6% | -13.9% |
| 2023 | +54.9% | +6.5% |
| 2024 | +25.6% | -21.5% |
| 2025 | +20.8% | -19.4% |
| 2026 | +17.7% | +41.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RMR good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and RMR?
The QQQ/RMR correlation stands at 0.30 on a 3-year window (1 year: 0.20, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is RMR a good diversifier for QQQ?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 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.
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Related comparisons
Hubs: QQQ correlations · RMR correlations
