QQQ vs RVLV: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Revolve Group, Inc. (RVLV) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and RVLV?
Over the past 3 years, QQQ and RVLV moved with a correlation of 0.37, which is moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.37). Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 393.5 %².
Within QQQ's tracked universe of 4755 assets, RVLV comes in at #869 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QQQ ahead by 26.2 points (+26.3% versus +0.1%). Risk is not evenly split, since RVLV carries 2.8 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 RVLV: side by side
| QQQ (Invesco QQQ Trust) | RVLV (Revolve Group, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +0.1% |
| 5-year return | +95.4% | -59.7% |
| Volatility (ann.) | 19.6% | 54.1% |
| Beta vs S&P 500 | 1.28 | 1.64 |
| Max drawdown (3Y) | -22.8% | -56.0% |
| Market cap | – | $1.6B |
| P/E (trailing) | – | 23.0 |
| 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 | RVLV |
|---|---|---|
| 2022 | -32.6% | -60.3% |
| 2023 | +54.9% | -25.5% |
| 2024 | +25.6% | +102.0% |
| 2025 | +20.8% | -9.9% |
| 2026 | +17.7% | -23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RVLV good diversifiers for each other?
Reasonably. At 0.37, QQQ and RVLV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and RVLV?
The QQQ/RVLV correlation stands at 0.37 on a 3-year window (1 year: 0.12, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is RVLV a good diversifier for QQQ?
Reasonably. At 0.37, QQQ and RVLV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqq-vs-rvlv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rvlv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · RVLV correlations
