QQQ vs SAIC: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Science Applications International Corporation (SAIC) carry a correlation of 0.09, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SAIC?
Over the past 3 years, QQQ and SAIC moved with a correlation of 0.09, which is near zero, meaning they move largely independently. Little has changed lately, as the 1-year reading of 0.02 lands near the 3-year figure. Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 60.1 %².
By 3-year correlation, SAIC places #3924 of the 4755 assets tracked against QQQ. The last year tells two different stories: QQQ led by 16.7 percentage points, +26.3% for QQQ against +9.6% for SAIC. Note the risk asymmetry: SAIC 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 SAIC: side by side
| QQQ (Invesco QQQ Trust) | SAIC (Science Applications International Corporation) | |
|---|---|---|
| 1-year return | +26.3% | +9.6% |
| 5-year return | +95.4% | +64.0% |
| Volatility (ann.) | 19.6% | 33.6% |
| Beta vs S&P 500 | 1.28 | 0.36 |
| Max drawdown (3Y) | -22.8% | -45.7% |
| Market cap | – | $5.5B |
| P/E (trailing) | – | 14.5 |
| Dividend yield | 0.44% | 1.16% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
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 | SAIC |
|---|---|---|
| 2022 | -32.6% | +34.9% |
| 2023 | +54.9% | +13.6% |
| 2024 | +25.6% | -9.0% |
| 2025 | +20.8% | -8.7% |
| 2026 | +17.7% | +29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SAIC good diversifiers for each other?
Yes. With a correlation of 0.09, QQQ and SAIC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SAIC?
The QQQ/SAIC correlation stands at 0.09 on a 3-year window (1 year: 0.02, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is SAIC a good diversifier for QQQ?
Yes. With a correlation of 0.09, QQQ and SAIC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.09 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-saic.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-saic/)
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Related comparisons
Hubs: QQQ correlations · SAIC correlations
