QQQ vs SABR: Correlation
Invesco QQQ Trust (QQQ) and Sabre Corporation (SABR) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SABR?
Over the past 3 years, QQQ and SABR moved with a correlation of 0.40, which is moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 597.3 %².
By 3-year correlation, SABR places #637 of the 4755 assets tracked against QQQ. Over the last 12 months QQQ came out ahead by 5.4 percentage points (+26.3% against +20.9%). One caveat on sizing: SABR is 3.9 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 SABR: side by side
| QQQ (Invesco QQQ Trust) | SABR (Sabre Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +20.9% |
| 5-year return | +95.4% | -80.2% |
| Volatility (ann.) | 19.6% | 75.5% |
| Beta vs S&P 500 | 1.28 | 2.20 |
| Max drawdown (3Y) | -22.8% | -84.8% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | – |
| 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 | SABR |
|---|---|---|
| 2022 | -32.6% | -28.1% |
| 2023 | +54.9% | -28.8% |
| 2024 | +25.6% | -17.0% |
| 2025 | +20.8% | -62.7% |
| 2026 | +17.7% | +57.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SABR good diversifiers for each other?
Reasonably. At 0.40, QQQ and SABR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and SABR?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.37 over the last year and 0.39 over 5 years.
Is SABR a good diversifier for QQQ?
Reasonably. At 0.40, QQQ and SABR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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-sabr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-sabr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SABR correlations
