QQQ vs ROG: Correlation
How closely do Invesco QQQ Trust (QQQ) and Rogers Corporation (ROG) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and ROG?
On 3 years of weekly data the QQQ/ROG correlation comes out at 0.43, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 289.6 %².
Within QQQ's tracked universe of 4755 assets, ROG comes in at #493 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ROG ahead by 36.5 points (+26.3% versus +62.8%). Risk is not evenly split, since ROG carries 1.8 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 ROG: side by side
| QQQ (Invesco QQQ Trust) | ROG (Rogers Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +62.8% |
| 5-year return | +95.4% | -39.5% |
| Volatility (ann.) | 19.6% | 34.4% |
| Beta vs S&P 500 | 1.28 | 1.02 |
| Max drawdown (3Y) | -22.8% | -64.0% |
| Market cap | – | $2.3B |
| P/E (trailing) | – | 74.8 |
| Dividend yield | 0.44% | 0.00% |
| 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 | ROG |
|---|---|---|
| 2022 | -32.6% | -56.3% |
| 2023 | +54.9% | +10.7% |
| 2024 | +25.6% | -23.1% |
| 2025 | +20.8% | -9.9% |
| 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 ROG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and ROG?
The QQQ/ROG correlation stands at 0.43 on a 3-year window (1 year: 0.38, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is ROG a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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 · ROG correlations