QQQ vs RVTY: Correlation
Invesco QQQ Trust (QQQ) and Revvity (RVTY) 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 RVTY?
Over the past 3 years, QQQ and RVTY moved with a correlation of 0.29, which is weak. Recent behaviour matches the longer record: 0.32 over 1 year against 0.29 over 3. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 193.3 %².
By 3-year correlation, RVTY places #1653 of the 4755 assets tracked against QQQ. Correlation aside, the last 12 months split them widely, with RVTY ahead by 20.5 points (+26.3% versus +46.8%). The relationship is regime-dependent: the rolling one-year correlation swung between 0.07 and 0.66 over the past three years, so this pair behaves very differently depending on the market environment. Note the risk asymmetry: RVTY runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 RVTY: side by side
| QQQ (Invesco QQQ Trust) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | +26.3% | +46.8% |
| 5-year return | +95.4% | -30.2% |
| Volatility (ann.) | 19.6% | 34.2% |
| Beta vs S&P 500 | 1.28 | 0.81 |
| Max drawdown (3Y) | -22.8% | -35.3% |
| Market cap | – | $14.5B |
| P/E (trailing) | – | 62.4 |
| Dividend yield | 0.44% | 0.22% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Health Care |
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 | RVTY |
|---|---|---|
| 2022 | -32.6% | -30.1% |
| 2023 | +54.9% | -21.9% |
| 2024 | +25.6% | +2.4% |
| 2025 | +20.8% | -13.1% |
| 2026 | +17.7% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and RVTY good diversifiers for each other?
Reasonably. At 0.29, QQQ and RVTY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and RVTY?
As of 2026-08-27, the correlation of weekly returns between QQQ and RVTY is 0.29 over 3 years, 0.32 over 1 year and 0.45 over 5 years.
Is RVTY a good diversifier for QQQ?
Reasonably. At 0.29, QQQ and RVTY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.29 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-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · RVTY correlations
