QQQ vs SEZL: Correlation
Measured on weekly returns over the past three years, Invesco QQQ Trust (QQQ) and Sezzle Inc. (SEZL) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SEZL?
Across a 3-year window, the weekly returns of QQQ and SEZL correlate at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 897.2 %².
Within QQQ's tracked universe of 4755 assets, SEZL comes in at #1227 by 3-year correlation. Over the last 12 months SEZL came out ahead by 9.4 percentage points (+26.3% against +35.7%). Note the risk asymmetry: SEZL runs 7.1 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 SEZL: side by side
| QQQ (Invesco QQQ Trust) | SEZL (Sezzle Inc.) | |
|---|---|---|
| 1-year return | +26.3% | +35.7% |
| 5-year return | +95.4% | n/a |
| Volatility (ann.) | 19.6% | 139.3% |
| Beta vs S&P 500 | 1.28 | 3.39 |
| Max drawdown (3Y) | -22.8% | -90.0% |
| Market cap | – | $4.2B |
| P/E (trailing) | – | 27.1 |
| Dividend yield | 0.44% | 0.00% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | US Listed |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SEZL |
|---|---|---|
| 2022 | -32.6% | – |
| 2023 | +54.9% | – |
| 2024 | +25.6% | +1146.6% |
| 2025 | +20.8% | +48.9% |
| 2026 | +17.7% | +98.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQ and SEZL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between QQQ and SEZL?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.37 over the last year and n/a over 5 years.
Is SEZL a good diversifier for QQQ?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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-sezl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qqq-vs-sezl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SEZL correlations
