QQQ vs RUSHB: Correlation
Invesco QQQ Trust (QQQ) and Rush Enterprises, Inc. (RUSHB) 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 RUSHB?
Over the past 3 years, QQQ and RUSHB moved with a correlation of 0.29, which is weak. Lately the two have drifted apart, with the 1-year correlation at 0.05 versus 0.29 over 3 years. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 173.8 %².
By 3-year correlation, RUSHB places #1652 of the 4755 assets tracked against QQQ. Over the last 12 months RUSHB came out ahead by 5.3 percentage points (+26.3% against +31.6%). One caveat on sizing: RUSHB is 1.6 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 RUSHB: side by side
| QQQ (Invesco QQQ Trust) | RUSHB (Rush Enterprises, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +31.6% |
| 5-year return | +95.4% | +185.6% |
| Volatility (ann.) | 19.6% | 30.8% |
| Beta vs S&P 500 | 1.28 | 0.88 |
| Max drawdown (3Y) | -22.8% | -28.5% |
| Market cap | – | $9.0B |
| P/E (trailing) | – | 23.1 |
| Dividend yield | 0.44% | 0.99% |
| 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 | RUSHB |
|---|---|---|
| 2022 | -32.6% | +5.9% |
| 2023 | +54.9% | +43.4% |
| 2024 | +25.6% | +4.3% |
| 2025 | +20.8% | +4.8% |
| 2026 | +17.7% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RUSHB good diversifiers for each other?
Reasonably. At 0.29, QQQ and RUSHB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and RUSHB?
As of 2026-08-27, the correlation of weekly returns between QQQ and RUSHB is 0.29 over 3 years, 0.05 over 1 year and 0.34 over 5 years.
Is RUSHB a good diversifier for QQQ?
Reasonably. At 0.29, QQQ and RUSHB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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-rushb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rushb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · RUSHB correlations
