QQQ vs ROST: Correlation
How closely do Invesco QQQ Trust (QQQ) and Ross Stores (ROST) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and ROST?
Over the past 3 years, QQQ and ROST moved with a correlation of 0.35, which is moderate. The past 12 months show a weaker link (0.10) than the 3-year average (0.35). Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 164.9 %².
Among the 4755 assets we track against QQQ, ROST ranks #1041 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ROST outperformed by 28.0 percentage points (+26.3% for QQQ against +54.3% for ROST). On a rolling one-year basis the correlation drifted between 0.10 and 0.59, a moderate band.
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 ROST: side by side
| QQQ (Invesco QQQ Trust) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | +26.3% | +54.3% |
| 5-year return | +95.4% | +105.0% |
| Volatility (ann.) | 19.6% | 24.0% |
| Beta vs S&P 500 | 1.28 | 0.66 |
| Max drawdown (3Y) | -22.8% | -21.1% |
| Market cap | – | $73.7B |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.44% | 0.72% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Consumer Discretionary |
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 | ROST |
|---|---|---|
| 2022 | -32.6% | +2.9% |
| 2023 | +54.9% | +20.6% |
| 2024 | +25.6% | +10.4% |
| 2025 | +20.8% | +20.4% |
| 2026 | +17.7% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.34% of QQQ is ROST itself, so the fund partly moves with the stock by construction.
Are QQQ and ROST good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QQQ and ROST?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.10 over the last year and 0.45 over 5 years.
Is ROST a good diversifier for QQQ?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · ROST correlations
