QQQ vs SBFG: Correlation
How closely do Invesco QQQ Trust (QQQ) and SB Financial Group, Inc. (SBFG) trade together? Their weekly returns over three years give a correlation of 0.10, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SBFG?
Over the past 3 years, QQQ and SBFG moved with a correlation of 0.10, which is weak. The past 12 months show a weaker link (-0.01) than the 3-year average (0.10). Over 5 years the correlation is 0.11, and the annualized covariance of weekly returns is 59.8 %².
By 3-year correlation, SBFG places #3861 of the 4755 assets tracked against QQQ. The trailing year gives SBFG the advantage: +26.3% versus +35.2%, a 8.9-point spread. Note the risk asymmetry: SBFG runs 1.5 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 SBFG: side by side
| QQQ (Invesco QQQ Trust) | SBFG (SB Financial Group, Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +35.2% |
| 5-year return | +95.4% | +88.6% |
| Volatility (ann.) | 19.6% | 29.8% |
| Beta vs S&P 500 | 1.28 | 0.34 |
| Max drawdown (3Y) | -22.8% | -27.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 10.3 |
| Dividend yield | 0.44% | 2.25% |
| 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 | SBFG |
|---|---|---|
| 2022 | -32.6% | -7.0% |
| 2023 | +54.9% | -5.9% |
| 2024 | +25.6% | +41.1% |
| 2025 | +20.8% | +9.5% |
| 2026 | +17.7% | +27.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SBFG good diversifiers for each other?
Yes. With a correlation of 0.10, QQQ and SBFG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SBFG?
Using weekly returns as of 2026-08-27: 0.10 over 3 years, with -0.01 over the last year and 0.11 over 5 years.
Is SBFG a good diversifier for QQQ?
Yes. With a correlation of 0.10, QQQ and SBFG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.10 mean?
On the −1 to +1 scale, 0.10 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-sbfg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-sbfg/)
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Related comparisons
Hubs: QQQ correlations · SBFG correlations
