QQQ vs SAMG: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Silvercrest Asset Management Group Inc. (SAMG) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SAMG?
Over the past 3 years, QQQ and SAMG moved with a correlation of 0.32, which is moderate. The past 12 months show a weaker link (0.19) than the 3-year average (0.32). Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 173.4 %².
Within QQQ's tracked universe of 4755 assets, SAMG comes in at #1334 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months QQQ outperformed by 61.9 percentage points (+26.3% for QQQ against -35.6% for SAMG).
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 SAMG: side by side
| QQQ (Invesco QQQ Trust) | SAMG (Silvercrest Asset Management Group Inc.) | |
|---|---|---|
| 1-year return | +26.3% | -35.6% |
| 5-year return | +95.4% | -20.3% |
| Volatility (ann.) | 19.6% | 27.4% |
| Beta vs S&P 500 | 1.28 | 0.75 |
| Max drawdown (3Y) | -22.8% | -44.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 72.3 |
| Dividend yield | 0.44% | 4.21% |
| 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 | SAMG |
|---|---|---|
| 2022 | -32.6% | +13.6% |
| 2023 | +54.9% | -5.7% |
| 2024 | +25.6% | +13.3% |
| 2025 | +20.8% | -13.0% |
| 2026 | +17.7% | -31.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SAMG good diversifiers for each other?
Reasonably. At 0.32, QQQ and SAMG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and SAMG?
As of 2026-08-27, the correlation of weekly returns between QQQ and SAMG is 0.32 over 3 years, 0.19 over 1 year and 0.40 over 5 years.
Is SAMG a good diversifier for QQQ?
Reasonably. At 0.32, QQQ and SAMG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 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-samg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-samg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QQQ correlations · SAMG correlations
