QQQ vs SBLK: Correlation
Invesco QQQ Trust (QQQ) and Star Bulk Carriers Corp. (SBLK) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SBLK?
Over the past 3 years, QQQ and SBLK moved with a correlation of 0.39, which is moderate. The relationship has been stable: the 1-year correlation (0.31) sits close to the 3-year figure. Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 249.3 %².
Within QQQ's tracked universe of 4755 assets, SBLK comes in at #716 by 3-year correlation. The last year tells two different stories: SBLK led by 45.8 percentage points, +26.3% for QQQ against +72.1% for SBLK. Risk is not evenly split, since SBLK carries 1.7 times the volatility of the other side.
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 SBLK: side by side
| QQQ (Invesco QQQ Trust) | SBLK (Star Bulk Carriers Corp.) | |
|---|---|---|
| 1-year return | +26.3% | +72.1% |
| 5-year return | +95.4% | +126.3% |
| Volatility (ann.) | 19.6% | 32.5% |
| Beta vs S&P 500 | 1.28 | 0.98 |
| Max drawdown (3Y) | -22.8% | -48.4% |
| Market cap | – | $3.4B |
| P/E (trailing) | – | 11.6 |
| Dividend yield | 0.44% | 6.36% |
| 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 | SBLK |
|---|---|---|
| 2022 | -32.6% | +8.5% |
| 2023 | +54.9% | +19.2% |
| 2024 | +25.6% | -21.0% |
| 2025 | +20.8% | +30.8% |
| 2026 | +17.7% | +68.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SBLK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and SBLK?
The QQQ/SBLK correlation stands at 0.39 on a 3-year window (1 year: 0.31, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is SBLK a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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-sblk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqq-vs-sblk/)
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Related comparisons
Hubs: QQQ correlations · SBLK correlations
