QQQ vs SENEA: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Seneca Foods Corp. (SENEA) carry a correlation of 0.02, a near-zero link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SENEA?
On 3 years of weekly data the QQQ/SENEA correlation comes out at 0.02, near zero, meaning they move largely independently. The link has loosened recently: the 1-year correlation (-0.15) runs below the 3-year figure (0.02). The 5-year figure is 0.07, and annualized covariance runs at 10.4 %².
By 3-year correlation, SENEA places #4398 of the 4755 assets tracked against QQQ. Their recent paths diverged sharply: over the last 12 months SENEA outperformed by 47.0 percentage points (+26.3% for QQQ against +73.3% for SENEA). Note the risk asymmetry: SENEA 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 SENEA: side by side
| QQQ (Invesco QQQ Trust) | SENEA (Seneca Foods Corp.) | |
|---|---|---|
| 1-year return | +26.3% | +73.3% |
| 5-year return | +95.4% | +294.2% |
| Volatility (ann.) | 19.6% | 33.3% |
| Beta vs S&P 500 | 1.28 | 0.07 |
| Max drawdown (3Y) | -22.8% | -22.8% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | 11.1 |
| Dividend yield | 0.44% | 0.00% |
| 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 | SENEA |
|---|---|---|
| 2022 | -32.6% | +27.1% |
| 2023 | +54.9% | -14.0% |
| 2024 | +25.6% | +51.1% |
| 2025 | +20.8% | +39.6% |
| 2026 | +17.7% | +73.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SENEA good diversifiers for each other?
Yes. With a correlation of 0.02, QQQ and SENEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between QQQ and SENEA?
Using weekly returns as of 2026-08-27: 0.02 over 3 years, with -0.15 over the last year and 0.07 over 5 years.
Is SENEA a good diversifier for QQQ?
Yes. With a correlation of 0.02, QQQ and SENEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of 0.02 mean?
On the −1 to +1 scale, 0.02 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-senea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-senea/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QQQ correlations · SENEA correlations
